1.2 Payments

This release includes following regulatory and functional enhancements.

Table 1-3 Enhancements in Payments

Enhancements	Description
Implemented New Payment Scheme - UK Domestic Payments	UK domestic payments are now supported end to end alongside existing SEPA Credit/Instant capabilities, enabling banks to offer a broader set of payment rails. Key Features: New UK schemes supported: BACS, CHAPS, Faster Payments (in addition to SEPA Credit & SEPA Instant in the SEPA region) Network classification & grouping available for UK schemes, with consistent display on Payee and Payment screens. Transaction & network configuration for UK payments enabled through regional configurator.
Confirmation of Payee (CoP) Enhanced to include Secondary Reference	CoP capabilities are strengthened to improve payee assurance and meet bank expectations for UK payment journeys. Key Features: Introduced New CoP field: “Secondary Reference”. Enabled CoP for “Within Bank” payments (configurable as per bank needs).
Merged Within Bank payment option into Domestic Payments	To simplify user journeys and prevent incorrect initiation paths, within-bank payments are merged into domestic payments flow. Key Features: Merged Within Bank into Domestic transaction by creating Within Bank as a network under Domestic transactions. Controls added so users cannot initiate within-bank transfers through the domestic payment networks (where required by bank policy).
Support provided to configure allowed debit account currencies by network from which payments can be initiated	Key Features: Bank can now configure through backend which currencies account for each network to be shown while making a payment. User can now filter the debit accounts by currency in case there are large number of accounts. (Based on backend configuration) Debit account currency validation is extended to bulk payments to prevent invalid file processing.
Miscellaneous Enhancements	Key Features: Enhancement in Bank Code options – Bank can now configure an additional bank code type that is search the bank and display bank details when the user tabs out after entering the bank code in the text box. Provision to add free label fields on Payments and Payee screens – Bank can now configure these free labels using regional configurator. This is enhanced to provide capability to the bank to give some warning or informative text on the payee or payment screens. Numeric Keypad Enablement – Numeric keypad are enabled on touch devices for numeric fields to improves data entry experience. Open-ended Standing Instructions – Open-ended flag is now supported on payment screens for the user to create open ended recurring payments.
Support to display Inquiry for Direct Debit Instructions	Key Features: This enhancement is currently provided for UK region as out of the box feature. Screen has been provided to View Direct Debits instruction summary and details page. Cancel Direct Debit is supported. RTM entitlement/menu alignment for controlled access.
Enhancements in Bulk File Upload	Key Features: Capability to enable or disable a network for on-screen payments or bulk payments or both using a ‘Enabled For’ flag in network configuration through backend. Out-of-the-box bulk UK payment networks are added in bulk file upload. Within Bank File Upload template is merged into domestic file template for payments and payee file uploads. Domestic and Mixed File Upload file templates are given per region with validation driven by regional configuration.
Enhancements in Forex Deal Booking	Key Features: Screens are enhanced to provide end to end capabilities for a deal booking. Bank can configure the fields displayed on Initiate Deal and View Deal Screen is using regional configurator. FX Deal booking is qualified with OBTR as out of the box feature for Aston bank.