To assist banks and payment services providers moving to embrace real-time payments, financial services technology giant Fidelity National Information Services (FIS) has launched a test solution emulating the payments environment to test and improve services in development.
FIS’s test solution enables new or updated real-time payments systems to be validated for functionality, accuracy and compliance, to help avoid complications or costly modifications when the next-generation payments services actually go live, FIS said in a Wednesday announcement.
Emulating elements of the payment chain that are scarce or not available to test against directly, FIS’s tool supports payment generation and validation, cross-checks of incoming and outgoing payments, service virtualization, automation and APIs, according to FIS.
More banks are adopt faster processing to accommodate digital payments. That's leading to lots of