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TEMENOS PAYMENT
HUB
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LEARNING OBJECTIVES
Objective and Learning Outcomes

This course will allow you to describe the Temenos payments hub. In particular, you will be able to:
• Describe product overview
• Describe the components that make up the payments hub
• Identify different types of products that can be handled in the payment hub
• Show how to capture SWIFT payments, book transfers and Incoming Transfers.
• Use some of the standard enquiries and reports related to the payment hub
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Temenos Payments Hub (TPH) is a universal payments hub solution. It has a Universal Payments Process
which enables centralization of all payment operations under a central infrastructure to support multiple
payment formats and global payment mechanisms. The payment hub solution provides banks with a
single solution to configure their payment processing for all customers, specifying different processing
for high and low care customers by parameterization without requiring any software changes.
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We need Accounts to handle various customer type transactions say for movement of funds from debit accounts to
credit accounts. We need to have Customer records before opening Customer type of accounts. Nostro accounts will
be needed to transfer money externally using Agency arrangements. Delivery in T24 refers to generation of Advices or
Messages. Delivery is an integral part of Core in T24 which is closely linked to transactions input through Payment Hub
module
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TPH lowers the cost of ownership, by increasing efficiency, reducing maintenance costs and its associated risks.
Payments hub enables banks to provide their customers a harmonized payment experience by offering 360°
view of payments in real time. It enables supervision and centralized control of liquidity, allowing for better cash
management for financial institutions and their customers
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Overview
The Temenos Payment Hub is designed to process domestic and International payments in one solution in ay region as defined
by analysts as “a vision for the payment architecture”. Rules and data-driven approach allows instant changes.
• A uniquely flexible payment offering that gives banks full, real-time control plus a harmonized customer service experience
• Centralized hub for low maintenance and risk management
• Highly configurable to process any domestic and international payments in one solution in any region.

Benefits of Temenos Payments Hub (TPH)

• The single solution to design High Value, Instant payments using the same design base. Provides best Payment route with
various features like Skip, prioritize, repair, override changes directly and manage SLAs.
• Highly configurable to meet any customer requirements
• The Payments Hub allows centralization of all payment operations in one system across multiple territories.
• It is highly secure which provides maximum STP rate and thereby reduces manual intervention.
• It Provides a unique customer experience with a 360 view using enquiries for all transactions and in real-time .
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ARCHITECTURE
The image in the next slide shows the architecture of the Temenos Payment Hub (TPH). TPH is a universal solution that
processes payments from any channel, any type, any format for optimum STP. TPH caters to all the below requirements:

• One universal solution for all payments.

• Able to support volume growth
• Full visibility into what is/isn’t happening

 The payment hub solution provides banks with a single solution to configure their payment processing for high and low
care customers by parameterization without requiring any software changes.

 Internally, payments can be made to or from a Customer’s account or an internal account. It could involve transferring
money from one customer account to another customer account.
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DEPENDENCIES
Payments is fully integrated with several products of Temenos in-house. Key products: Compliance through PSD2 APIs and
other Banking APIs. Infinity for Retail and Business banking payments. Analytics and Business Intelligence. Financial Crime and
Mitigation. Payment Order for initiation and tracking. Payments Auto Repair.
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Temenos Payment Hub process payments based on the flow diagram given in this slide. When a
transaction received is received, t starts with acceptance and then mapping and it goes on. Some of the
components can be skipped based on the requirements from the bank.
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The message acceptance component is responsible for parsing a received message and determining whether
the format of the message is acceptable in the payment hub
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The Message Mapping component performs the mapping of all payment messages in TPH (Eg. SWIFT,
Standing Order and Clearing Payments).
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Message mapping component provides a framework for the transformation of payment messages from the
native format of the channel into a neutral format for mapping.
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Every payment in TPH is assigned a weight. There are two types of weight assigned to every payment:
High-Level weight and Specific weight.
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TPH determines the ultimate beneficiary of the payment is in the processing bank’s own book or not. Own Account
determination checks both customer and bank transfer type of payments.
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PROCESS BOOK TRANSFERS

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Practice 1
 Use User Menu > Payments > Payment Hub > Initiate Payment Transaction > Initiate Customer Transfer > Book Transfer

 Input a transaction for a transaction currency USD

 Input and Amount for the transaction
 Input a Debit Account Number
 Input a Credit Account Number
 Before committing the record look at the defaulted values in the following fields called status, Direction and Output
Channel
 Commit the record
 Reopen the record in view mode and make a note of the Transaction number and look at the status of the record now
 Status will change to 315
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Practice 1 >> Solution

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Practice 2
 Login with another User and authorize the record

 Use User Menu > Payments > Payment Hub > Payment Approvals > Authorize Pending Payments > Authorize Order
Entry & Repair Payments > Pending authorize payments

 Once authorized look at the status of the record it will move from 315 to 600 status

 Run the BNK/PAYMENT.STPFLOW.HEAVY service to move payment status to 999

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Practice 2 >> Solution

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PROCESS SWIFT PAYMENTS

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Ordering Customer requests T24 Bank US to initiate payment of GBP 2,500 and ordering bank sends MT 103 to
the beneficiary Bank HSBC London via swift to credit the beneficiary.
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Practice 3
 Use User Menu > Payments > Payment Hub > Initiate Payment Transaction > Initiate Customer Transfer > Outgoing
Transfer

 Input a transaction for a transaction currency USD

 Input and Amount for the transaction
 Input a Debit Account Number
 Input Receiver Institution
 Input Beneficiary Details (Account and Name)
 Select Charge Option (BEN, SHA or OUR)
 Before committing the record look at the defaulted values in the following fields called status, Direction and Output
Channel
 Commit the record
 Reopen the record in view mode and make a note of the Transaction number and look at the status of the record now
 Status will change to 315
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Practice 3 >> Solution

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Practice 4
 Login with another User and authorize the record

 Use User Menu > Payments > Payment Hub > Payment Approvals > Authorize Pending Payments > Authorize Order
Entry & Repair Payments > Pending authorize payments

 Once authorized look at the status of the record it will move from 315 to 600 status

 Run the BNK/PAYMENT.STPFLOW.HEAVY service to move payment status to 999

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Practice 4 >> Solution

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SOME PAYMENT ENQUIRIES

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Provides details of all the pending payments in the payment hub

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Provides details of the processed payments and the current status of the
payments
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Provides details of messages received inside of TPH from other channels

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Provides details of messages which are sent to other channels

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Thank you