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Payment Modernization Consulting

Get the payments transformation strategy that is best suited for your needs

Transforming your existing payments systems into a unified payments hub is a complex process, made more critical by the fact that payments comprise about one-quarter of most banks' revenue. Depend on the domain knowledge of experienced experts at NTT DATA Services, formerly Dell Services and our partner, VocaLink.

The main components of our innovation consulting methodology include business process analysis, domain modeling, completion of a current-state assessment and development of an architecture blueprint and roadmap. Specific consulting services include:

  • Rapid assessment to prescribe a payments strategy to streamline operations, improve straight through processing (STP) rates and reduce operating costs — ncluding assessments for the proposed U.S. Faster Payment system
  • Payment systems re-architecture, including payment hub implementation
  • Customized application development and management services powered by proven solution accelerators
  • Compliance services that streamline payment processing operations for standardization and compliance with Same Day ACH (automated clearing house) in the United States and Payment Services Directive (PSD) in Europe
  • Payments quality assurance, testing for all impacted systems, internal and external interfaces, data validation requirements and more Our solutions are supported by mature SEI-CMMI quality processes and global delivery capabilities, augmented by payments consulting and technology leadership offered by VocaLink.

Bank Application Testing
Payment Modernization Consulting