CBPay is a solution for national and cross-border payments for SEPA, SWIFT and ACH certi-fied by the German Federal Bank. The system has a modular architecture and is highly con-figurable to map complex requirements and to automate processes transparently.
In addition to the requirements of the regulators, the functionality of CBPay is based on many years of practical experience.
The operating system platforms and database systems used enable open scalability from the regional institute to the international large-scale enterprise. Both single-user systems and mul-ti-user systems with any number of clients are possible.
The data management is organized in a central database (Infopool). The info-pool uses for the "parking" of payments of a data pool (disk directory). Parameter-controlled, each institute can determine how long payment data should remain in the system after processing. This allows that Information data can remain in the system much longer than the actual payment data due to the low memory requirement for information or statistical purposes. In addition, a search archive is available as an extension.
To ensure a clear and orderly course of processing of payments, a status is assigned to each individual payment or file according to the processing control. The status is set in the automat-ic pass through the self-executing sub-actions (e.g., read, check, send).
In addition to the payment information, the entire processing control is also recorded. This is done by a timestamp at each automatic status change. In addition, the user names are logged during manual intervention (for example, corrections). Through this history management, all processing operations are auditable.
Multilingualism, Multi currency capability
CBPay is available English or German. More languages can be added on demand.
CBPay can process payments with any currency ID.
The screen view can be customized by each user and optimized for the task at hand. Corre-sponding to the permissions and role of the user, data and menu items are shown or hidden.