Axis Bank goes live on enterprise payment hub

Tata Consultancy Services (TCS) has announced that its client Axis Bank has implemented enterprise payments hub (EPH) on a modern architecture powered by TCS BaNCS. 

Tata Consultancy Services (TCS) has announced that its client Axis Bank has implemented enterprise payments hub (EPH) on a modern architecture powered by TCS BaNCS.

“EPH solution is built with TCS BaNCS solution for payments processing engine, branch channel, and corporate service channels. The enterprise payment hub has enabled us to provide cutting-edge features to our clients in the domestic payments space – we are able to empower our sales teams to design and deliver highly customised solutions across corporate, government, financial institutions and SME segments,” said Amit Sethi CIO, Axis Bank.

“Within a year, the platform has successfully scaled to support payments transaction volume growth of more than 30%. With modern technology and the best of standards like ISO20022 and SoA at the core, EPH platform is a key enabler of our continued growth in the Digital world,” he added.

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