Client Background
The client is a global network that facilitates secure and fast financial transactions between banks and other institutions.
Client Need
The client sought to evolve their platform’s innovative services to be API-native and improve cross-border payments while streamlining API development. They aimed to create a scalable, user-friendly API ecosystem for financial institutions to integrate services seamlessly.
Solution
Innova’s experts designed and implemented a comprehensive solution focused on API modernization and usability:
Migrated the client’s API infrastructure to a cloud-based environment
Enhanced the functionality of the Global Payment Innovation (GPI) APIs, enabling real-time payment tracking and full transaction transparency
Developed an intuitive developer portal that featured comprehensive documentation, sandbox environments for testing, and automated onboarding processes
Built a cohesive API framework to harmonize payment operations
Realized Benefits
Enabled the client to handle 35% increase in transaction volumes
Delivered full payment transparency through enhanced API functionality
Enabled harmonized and efficient payment operations
Simplified integration processes for financial institutions, making it easier to adopt the client’s cross-border payment services
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