Origix Corporate - the Complete Payment Origination Solution
Origix Corporate enables banks to address the SEPA needs of their key customers, ensuring they are in the best position to retain and expand their customer base.
Origix Corporate is a hosted solution that manages all SEPA payments as a standalone service deployed outside the bank's main payments environment. Origix allows corporate and bank customers the flexibility to start processing SEPA payments with minimal footprint initially and then incrementally grow with SEPA adoption rates.
Key Features
Mandate management
- Mandate migration including BIC and IBAN conversion service
- Automatically generate mandate amendments in PAIN.008 SEPA collections
- Mandate enrichment from legacy format to ISO20022 standard
- Mandate repair function (for rejected mandates)
- Mandate history
- Mandate dematerialisation
- Bulk processing of mandates
- Configurable mandate referencing
Payments and collections
- Support for SEPA b2B and B2C schemes
- R-transaction processing
- R-transaction reconciliation against original transaction
- Automatic rescheduling and notification of R transactions
- Auto-generated notifications in a variety of media including branded email, SMS and letters
- Customer notification of first collection
Account management
- Pay-per-use business model
- Automated invoicing
- Customer reconciliation services and reports
- Client user management, including configurable client type, file format and charging
Benefits for banks
Maximise revenue potential
- Create new revenue streams with value-added services
- Acquire and retain customers with a comprehensive SEPA offering
- Manage new revenue streams with flexible billing configuration and management
Reduce overhead expense
- Use more cost effective media to communicate with clients including SMS and email
- Eliminate system maintenance costs and limit administration costs with Software-as-a-Service (Saas) model
- Expand your offering on an as-need basis with an incremental growth model
Facilitate SEPA migration effort for customers
- Import all mandates at once
- Provide automated payment enrichment
- Convert domestic details to BIC and IBAN
Benefits for corporates
Business-as-usual migration to SEPA
- Continue to present payment and mandate data in legacy format
- Minimise impact on systems and processes
- Migrate all existing mandates with ease
Manage all aspects of the SEPA Direct Debits scheme through an easy-to-use web interface
- Define notification templates and preferences
- Track and report on events
Download the Origix Corporate brochure
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