Case study · National bank
Payments settled in 4.2 seconds, not overnight
A new payments hub connected the bank to the instant-payments scheme with fraud scoring before money moves.
- Client
- National bank
- Industry
- Financial services
- Practices
- Cloud platforms, Security & risk
- Duration
- 9 months
Context
A national retail bank with 6 million customers joining the country's instant-payments scheme.
Challenge
Payments settled in overnight batches and fraud checks ran the next morning, too late to stop a transfer.
Approach
How the work ran
- MO 0–2FrameAgreed scheme requirements, fraud tolerances and the 5-second settlement target.
- MO 2–5ProveBuilt the hub with ISO 20022 messaging and scored transfers inline against live traffic.
- MO 5–9BuildPassed scheme certification, migrated channels and handed the hub to the bank's platform team.
- AWS
- ISO 20022
- Java
- Kafka
- Feature store
Results
What changed
4.2s
End-to-end settlement
99.99%
Hub availability
−41%
Fraud losses on transfers
“The scheme certification went through on the first attempt.”
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Joining an instant-payments scheme?
We can walk you through the certification plan and fraud controls we used.
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