AccessPay has agreed to integrate SWIFT connectivity into its cloud-based Corporate Payments Hub (CPH) Payments and Cash Management platform, in a move to boost its SEPA, Bacs and Direct Debit Management solutions.
Through this agreement, AccessPay will be the first to offer corporates and financial institutions with fully integrated cloud-based payments and cash management application with SWIFT messaging connectivity.
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AccessPay CEO, Ali Moiyed, said that the solution will now allow customers to communicate securely with banks all over the world with SWIFT financial messaging integrated into their cloud-based platform.
Additionally, AccessPay is building support for SWIFT’s 3SKey multi-bank, multi-network and multi-application identity assurance and signing solution into its application.
Customers accessing AccessPay Cloud solution over the web will be benefited from enhanced user access management, two-factor authentication at login and extended operational traceability.
SWIFT head of corporates business in EMEA, Robert Schneider, said: "Combining a modern and feature-rich cloud-based payments and cash management application seamlessly with SWIFT’s new cloud-based interface – Alliance Lite2 – can deliver real benefits to the end customer.
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By GlobalData"And by adding 3SKey on top, the customer can reap the full benefits of cloud-computing without compromising on security."
