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6 Things You Need To Know About Real-Time Payments, Simulation And Testing

The demand for fast has reached its cruising speed. Central banks, Automated Clearing Houses and payment schemes all have a big appetite. The industry has been focusing on the business case, risk analysis, vendor selection, features set … – often overlooking the added value of the right testing strategy. Many companies underestimate the scale and

  • Editorial Team
  • March 8, 2018
  • 1 minute

The demand for fast has reached its cruising speed. Central banks, Automated Clearing Houses and payment schemes all have a big appetite.

The industry has been focusing on the business case, risk analysis, vendor selection, features set … – often overlooking the added value of the right testing strategy. Many companies underestimate the scale and complexity presented by the testing and onboarding challenges of an instant payment project.

In a series of six short papers, FIS uncovers some key phases in the testing journey to the destination of sustainable real-time payments:

1. Implementation and Format Testing
2. Functional Testing
3. Automated Regression Testing
4. Onboarding of Financial Institutions and Corporations
5. Deep Business Process Testing
6. Certification, Proprietary Interface and API Testing

Download the first issue “Implementation and Format Testing” today.

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