Benefits on Madison BankConnect

Madison BankConnect 2017

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BENEFITSONMADISONa Fintec Solutions company

Proprietary & Confidential

Global Transaction Processing Services (TPS) and Enterprise Information Management Company (EIM)

3000+ customers with over 50% of the Fortune 100®

Healthcare Banking Commercial Insurance Public Sector

The Top 5 Healthcare Payers

Over 8000 Healthcare Providers

9 of the Top Global U.S. Banks

Over 120 Global Banks

Over 50% of Fortune 100®

Over 500 Commercial Companies

7 of the Top 10 US Insurance Companies

Over 50 Insurance Companies

Over 30 Counties and States

Over 80 Government Entities

Security & Compliance

Adheres to all major financial, healthcare, government and consumer security and privacy standards

120 global operating centers spanning 55 countries 47

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SOLUTIONS


Financial Services Overview

Banks Bank Host System

Global Payments Gateway Collecting Workflow Payer Workflow Beneficiary Workflow Journaling & Reconciliation Interfaces Administration

Value Added Services Billing Services, Accounts Payable Accounts Receivable Prepaid Cards Account Management / Mandates

Payment Services Remote and mobile paper payments Web, mobile, file & other electronic payments Lockbox & bulk deposit Paper In-Clearing, Out-Clearing Services Cash Sources & balances reporting

Customer Accounting Commercial Customer

accounting system

Networks Check21, UK FCM, ACH, SEPA, Country ACH Credit & Debit Cards SWIFT, Real Time Payments, Bitcoin and Others Future Networks

Madison

Key:

Client Bank


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SOLUTIONS



Madison BankConnect Payment Gateway enables businesses to transact with multiple payment types

and currencies securely and in real time

Compatible – credit/debit cards, net banking, cash cards, checks, e-checks, e-wallet, bitcoin, etc.

Fast – send and receive payments in real time

Dynamic – high success rates with optimized dynamic routing to multiple gateways

Flexible – multiple currency processing

Integration – framework enables quick implementation & integration

Security – multiple layers of encryption and security checks

Monitor – analytics for fraud detection and anti-money laundering

Support – 24/7/365 multi-lingual global support desk

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SOLUTIONS


Madison BankConnect Proprietary & Confidential

Madison BankConnect consists of a number of payment services that help simplify and streamline your business’s payment dynamic.

access your on-line Archive where you

can securely manage all your

transactions for a full Audit Trail

generate Reports that offer insight

to your payment channels

Accept many payment types like cards, ACH, and checks. All payments follow SEPA, SWIFT, and other global standards

Secure layers protect customers’ data from any threat Monitor for fraud and AML

Notification of transaction

confirmations print, email,

voice, SMS

Register through multiple channels including application, server, and users

Enable customers to make one-time payments, configure recurring payments, or set bill delivery settings

Transact in real time by

connecting directly to the

gateway

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SOLUTIONS


Madison BankConnect Payment Services

Electronic Payments Remote Paper Payments

RDC Mobile Cash Web Mobile File FTP/SFTP Other

Gateways

Electronic

Credit Transfer Direct Debit Cards Other

Paper

In & Out Clearing Remote Interface Lockbox

Validation

Reconciliation

Exceptions Handling

Formatting outbound / inbound

Transmission Error Handling

INTERFACE

Cash sources & balances reporting

Accounting Data

INTERFACE

Research

Dashboard & Reporting

Global Payments Gateway / Bank Customer Accounting


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SOLUTIONS


Madison BankConnect Global Payments Gateway

CHECK21

SEPA

Country ACH

Cards Networks

UK FCM

Real Time Payments

SWIFT

Bitcoin

Others

Networks


Payment Services

Banks

Bank Host System

Admin. Processes Forensic/Audit Investigation

Query Search

Fraud Updates

MIS – Dashboard

Clearing Cycles

Etc.

Validation

Reconciliation

Duplicate Checks

Fraud Detection AML

Data Enhancement

Error Handling

Collecting Workflow

Validation

Reconciliation

Error Handling

Beneficiary Workflow

Validation

Reconciliation

Fraud Detection AML

Receive Pay/ No Pay

Investigations

Error Handling

Payer Workflow

Interfaces

Interfaces

Journaling& Reconciliation

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SOLUTIONS


Value Added Services

Process to purchase asset

Transfer of Asset

Equities

Real Estate

Commodities

Asset Purchase

Customer interaction

Open, Close, Update Accounts

Electronic Presentment (Web, Mobile)

Print & Mail

Paper & electronic invoice input

Invoice Approval

Receivable matching

Collections

Account Mgmt Prepaid Cards

Accounts Payable Accounts Receivable Billing Services

Payment Services

Customer Accounting


PSP update

Customer Service (call, web mobile)

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SOLUTIONS


Payment Modules

ApplicationRegistration

Server registration User registration Activate Deactivate

PCI compliance SSL Tokenization Encryption IP security Application Security Handles Security and

PCI and NACHACompliance

Transaction Logs Authentication

Attempts Notifications Configuration

modifications

Email SMS EOD reports Transaction status Subscription changes

Paymentsubscriptions

Recurring payments Authentication Micro Payments Payment Initiation Payment Response

Daily ProcessingSummary

Billing Summary Transaction summary

fora period

Search Transactions

Payment Gatewayintegrations

Transaction charges Authentication Subscription Details

Gateway Subscriptions Registration Security Audit Trail

Notifications Payment Services Reports


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SOLUTIONS


Payment Options & Process Flow Architecture

Web Reports Monitoring, Tracking

ACH

Lockbox

Bitcoin

Wallet

ARC • Draft• Wire • GIRA • DirectDeposit

Check21 • FTP • Scan• Email• PaperChecksProducts/Consumers

Payment Options

Web Registration

Web Portals

PCH Global™

BankPay

BankMate

Work Flows

Peri™

eCommerce

Plexus

Others

Authentication

Transaction Log

Payment Request

Response

Madison WCFPayment Service

MadisonPayment DB Payment Gateways

• EFT Networks• ATM Networks• ACH Network• Google Wallet• Amazon Payments• PayPal• SWIFT • ORCC• Future

Customer-defined Gateways

Check21 UK FCM

Truncation

Banks

Cards Merchant Bank

3rd Party ePayment Channels

ODFI Bank

RDFI Bank

• Visa• Master• AMEX • Reg. card

merchant

RDFI Bank

ODFI Bank

Payment Clearance Pick Payment Option

Register Encrypted Key

Register details Store Encrypted Key

Request Transaction Token

Payment Request with Transaction Token

Response

Notifications

Payment Response

Payment Request

Reports

Customers

1

2

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5

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Transaction Log 8

9

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Cards

UK FCM

SEPA

eCheck

SAP

Oracle

ERP Platforms

ATM

BACS

CTS

Future


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SOLUTIONS



Security Madison BankConnect offers many layers of security to ensure that

payments are made quickly, reliably, and securely

Server level authentication.SSL Certificate

Tokenization

Data Encryption

Encryption Key

Registration

Provides a token for each transaction. Set the time limit for each token. Avoids duplicate transactions. Avoids the unauthenticated transactions.

Provides encrypted key To validate the service consumer. Avoids the unauthenticated requests to the service.

Register with generic payment gateway Provides credentials (username/password) Server IP Server name Application details Payment option

Data encryption - AES or 3-DES PCI-DSS

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SOLUTIONS


SEPA

Internal counterparts

Common Payment Services

Payment Message Processing

SEPA Credit Transfer

SEPA Direct Debit

Card/V Pay Local ACH

EPC (Payment Options)

PAIN.001 xml

PAIN.002 xml

PAIN.008 xml

PAIN.011 xml

PAIN.002 XSD

PAIN.001 XSD

……..

ISO 20022 (XML Format)

Rules/Validation

BancHUB

Clearing & Settlement Mechanism

SWIFT

Data Repository

Creditor Agent (More than one agent)

Clearance House Debitor Agent (More than one agent)

Creditor Bank Debitor Bank

Debitor Bank (Forwarding agent)

Inter-Bank

Corporate Online Retail Online Cards Mobile Payments Acquire Payments 1

2

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SOLUTIONS


Benefits on Madison BankConnect

Economy & Finance