Product: FinGeniusAI Solutions
Company: Opus Technologies
Opus Technologies, a global provider of outcome-driven payment strategies, created FinGeniusAI Solutions, a solution the company described as an open innovation platform for the banking and payments industries. Backed by deep experience and domain knowledge, the platform can help partners, clients and the broader ecosystem collaboratively harness artificial intelligence (AI) to tackle the payments and banking industries' most pressing challenges, stated Praveen T M, CEO at Opus Technologies.
"Opus has pioneered the technology revolution in the banking and payments industry for nearly three decades," T M said. "We have delivered cutting-edge solutions that enable our clients to ensure faster, safer, and more convenient payments. With the evolution of AI, it was time for Opus to go back to the drawing board and identify ways to empower banks, credit unions and fintechs to adopt this trend." T M went on to say that FinGeniusAI Solutions is positioned to play a pivotal role in shaping the future of payments and banking, by transcending traditional vendor-client relationships and fostering a dynamic space for collective ingenuity and shared success.
The FinGeniusAI platform offers three use cases that harness the power of AI to process payments: intelligent payment routing; cash flow forecasting and payment enrichment. These capabilities will all be further developed beyond this original feature set, T M noted.
Noting that the ultimate goal of FinGeniusAI Solutions is to provide a platform that supports continuous innovation and accelerated delivery, T M mentioned that Opus has been helping financial institutions embrace technology to meet ever-changing customer requirements. This platform can further help break down barriers, he added, inviting Opus partners and clients to join this effort by collaboratively shaping the future of payments and future-ready solutions.
"In the coming months, we plan to add a multitude of new solutions, including Generative AI and large-language models based applications, addressing diverse needs across the payments ecosystem," he said.
Throughout more than 26 years of experience with leading payment switch solutions, Opus Technology has been focused on delivering next-generation technologies in the transaction processing space, which T M called the "switch of the future". Leveraging its numerous partnerships with marquee financial institutions, acquirers, issuers, PSPs and fintechs, Opus consults with a range of businesses to help partners create robust payment platforms, scalable infrastructure, simplified switch migration and continuous monitoring of key processing parameters, TM stated. He also cited the following capabilities of the company's switch and payment processing solutions:
These combined capabilities help companies iterate and innovate while building infrastructure that supports channel and transaction volume growth, T M stated, adding that the company's agile development methodologies help to simplify payments integrations with core services and facilitate hassle-free processing to improve the customer experience. 
Website: https://opustechglobal.com Contact: https://opustechglobal.com/contact/#
The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information.
Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.
Prev Next
