trusted information exchange
DESCRIPTION
Trusted Information Exchange. Safe, Sound, & Secure Platforms. The $187 Billion Payments Industry. Drivers for Change Check 21 Legislation Change in FRB Cash Policy & Services Low-Cost Network & Computing Technology – Multi-Function Shared Service Infrastructure. Opportunities - PowerPoint PPT PresentationTRANSCRIPT
Confidential and Proprietary
Trusted Information ExchangeSafe, Sound, & Secure Platforms
Page 2 Confidential and Proprietary
The $187 Billion Payments Industry
• Drivers for Change– Check 21 Legislation – Change in FRB Cash Policy &
Services– Low-Cost Network & Computing
Technology – Multi-Function Shared Service Infrastructure
• Opportunities– Straight-Through Processing– New Merchant Services– Lower Cost of Operations– Fraud Reduction Opportunities
• Fraud Losses • Operational Expenses
– Processing Paper Checks – Transportation– Second Day Processing
• New 3rd Party Provider Fees– PPS, etc. – Check Verification/Guarantee
Sources: ABA Fraud Survey - NACHA Action Project Estimate - Nilson Report – National Retail Federation – Food Marketing Institute
$ 0.9 Billion
12.2 Billion
2.7 Billion
$ 5.9 Billion
3.8 Billion
3.1 Billion
RetailersBanks
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Viewpoint / Endpoint Exchange
Archive
Bank B
Bank A
On-Us
Transit
Peer-to-PeerImage Exchange
• ECP• Settlement
SVPCo / Federal Reserve
Peer to Peer Exchange / Payments Utilities
Local Archive
Local IRD Print
Enterprise Server• Application Interfaces• Image Sort
Decisioning• Clearing
Local Server• POP Connectivity• Image Quality
Assurance• Replication
Bank Posting Systems
ATM
Teller
High-Speed Image Capture
Merchant POP
Bank C
Bank D
Bank ECorrespondentBank Correspondent
Bank
Utility
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FISERV / Metavante
ViewPointe
SVPCoBank C
EndPoint Exchange
Bank A
Bank B
Trusted Information Exchange Builds Communities
Correspondents
CommunitiesMerchant
Branches
Merchant
Merchant
Merchant
Branches
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Service Oriented Architectures
Data
Process
StandardWeb Services
Information
Access
Processing
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Safe, Sound, & Secure Access to Information
I n f o r m a t i o n B u s
Che
ck 2
1
Cre
dit C
ard
Settl
emen
t
Share & Exchange Information
Lockbox & Cash Vault
Branch/ATM Capture
High Speed Sorter / Corp.
POS Capture
CorrespondentBanks
App
licat
ion
App
licat
ion
App
licat
ion
App
licat
ion
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Tremendous Growth Opportunity
Integration Opportunity Crosses Multiple: Business Lines Industries Countries
HealthCare
Govt. Telecom OtherIndustries
OtherCountries
Banking Insurance Brokerage
SYNORAN SolutionsAny-to-Any Connectivity:
Standardized Data, Process, and Access