MUFG Bank: Selected TCS to overhaul its payments operations

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MUFG Bank: Selected TCS to overhaul its payments operations

  • TCS announced successfully implemented a Regional Payments Hub powered by TCS BaNCS Payments for MUFG Bank
  • MUFG Bank has an extensive branch network throughout Japan and fifty other countries
  • It consolidated its extensive multi-entity, multi-country, cross-border payment processing operations
  • Running on an array of disparate legacy systems onto a Regional Payments Hub powered by TCS BaNCS for Payments
  • Solution designed on ISO 20022-based data and process models and includes features including real time payments and open APIs
  • TCS Bancs certified Swift Ready for Payments almost ten years and is among the first wave of solutions certified with a Swift gpi ready label