Payments

SEPA Instant Testing

Test and integrate the latest SEPA real-time standards with confidence

Single European Payments Area (SEPA), an initiative by the European banking and payments industry, is designed to streamline and unify electronic payments across the EU and several non-EU countries. With global demand for real-time payments reaching new heights, the volume of instant transactions is projected to exceed 511.7 billion by 2027. This surge in demand underscores the increasing interest in SCT Inst.

At Validata, we provide next-generation technology that supports banks, financial institutions and payment service providers in embarking on their real-time payment journey, by validating and integrating SCT Inst standards effectively.

The automated testing process simulates real-world payment scenarios to verify transaction speeds, accuracy, and compliance with SEPA guidelines. Tests cover essential parametres such as end-to-end processing times, confirmation responses, and failure handling under various conditions. By rigorously testing every aspect of SEPA Instant, banks and payment service providers can confidently deploy real-time payments, ensuring transactions are processed securely and in line with the latest SEPA standards.

ISO 20022

The race to adopt ISO 20022 for Swift cross-border payments and reporting messages has started and is to be completed by November 2025.

All financial institutions will need to be able to support both ISO 20022 messages as well as the old standards like SWIFT MT, and integrate it with the various message types which may be proprietary or standards-based (ISO 15022, FpML, FIX, etc), ensuring interoperability between different systems and regions.

Validata’s all-in-one, no-code 'super app' offers real-time legacy migration, AI-powered end-to-end reconciliation, exception management, and automated testing seamlessly integrating with the demands of the new standards.

With this solution, you gain a clear migration strategy to optimise ISO 20022 adoption, native support for ISO 20022 message structures, generation of end-to-end automated tests, and test data for bug-free migration.

Migration from MT to MX with ready-built SWIFT MT <> ISO 20022 mapping libraries that capture all of the details of the ISO 20022 standard in a business-friendly way.
No-code test automation: Test and validate messages to verify compliance with ISO 20022 standard. End-to-end testing of payment transaction flows from payment initiation to completion, across APIs, payment hubs, ERPs, digital wallets, mobile banking, core banking, and more.

Real-Time Payments

Real-time payment capabilities will be crucial for banks, shaping their strategic direction while strengthening security, operational stability, and adaptability to evolving customer needs. This is where rigorous testing—oftentimes overlooked—can significantly impact final outcome.

Real-time payments offer a prime opportunity to rethink testing strategies, focusing on speed, seamless delivery, and efficiency. In the payments sector, there is no room for compromise; whether sending or receiving funds, banks face serious risks (negative publicity, loss of market share, and customer churn) if systems fail to perform flawlessly.

Real time payments testing simplified

Validata offers an all-in-one end-to-end testing platform that simplifies and accelerates real-time payments testing, ensuring quality at every stage of the digital payments process and removing friction from the adoption of new payment technologies.

Key benefits

Automate and scale up the testing process for real-time payment implementations and migrations.
Continuous, configurable, self-healing automated testing.
Support for multiple real-time payment messages over multiple protocols (real-time payment scheme specifications).
Improve usability and reduce risk.

Real-Time Payment Data Monetisation

Emergence of real-time payments and standardisation through ISO 20022 create a key opportunity for banks to participate in payment data related scenarios to reduce operational effort while providing more value to customers. The solutions provided by Validata facilitate automated tracking and reconciliation of receivables and virtual accounts leading to monetisation of key services for different stakeholders.

With Validata, financial institutions can now monetise their payments data better than ever before, which in turn opens up capabilities for operational efficiency, great customer experience and new high-yielding revenue streams.

Payments Investigation and Case Management

Handling payment issues and managing numerous cases can require time and making an unnecessarily extensive use of resources. By automating of case creation, tracking, and resolution processes, inefficiencies associated with manual processes are eliminated. With centralised evidence management and seamless ISO 20022 and MT message validation, ensure compliance and accuracy, accelerating issue resolution. Empower your teams with a self-service investigator portal for seamless collaboration, real-time updates, and faster decision-making, enhancing operational efficiency and reducing costs.

With Validata, you can now effortlessly handle increasing payment volumes, ensuring uninterrupted operations. With robust features, you can foster transparency and trust, enabling a superior customer experience. Whether reducing operational risks or improving turnaround times, Validata positions and prepares your organisation for success in a competitive landscape.