Dovetail Systems and Alaric have joined to provide clients with an integrated UK faster payments platform.
The joining of Dovetail and Alaric, the two companies announced, will provide banks with an improved operating environment.
The Dovetail Faster Payments Solution provides banks with payment processing and communications functions.
When combined with Alaric’s Authentic Faster Payments Gateway, which addresses the requirements of ISO 8583 Gateway to manage communication between the bank and its infrastructure, the new system will facilitate real-time clearing of banking payments and standing orders for UK account customers.