StreamMind deploys verification of payee software solutions to banks and businesses
StreamMind, Universal Deeptech in Software
Reference in Verification of Payee systems, deploying international VoP software solutions for banks,
PSPs, and their corporate clients since 2016.
Designs and deploys technologies capable of covering all sectors of activity
Co-developed with major banks the international interbank messaging service SEPAmail, connecting hundreds of banks and supporting Verification of Payee services for individuals and businesses.
Since 2016, StreamMind deploys verification of payee software solutions to banks and businesses.
The full compliant software solution with VoP scheme rulebook, launched by the European Payment Council (EPC)
Dealprudence is the StreamMind’s innovative software solution fully compliant with the last Verification of Payee (VoP) scheme rulebook, launched by the European Payment Council (EPC) and developed to support payment service providers (PSPs) in the Single Euro Payments Area (SEPA) that will be required to comply with legal obligations on the Verification of a Payee in the case of credit transfers as outlined in the proposed EU Instant Payments Regulation (IPR) amending the SEPA Regulation.
Key operational features
The Requester service integrates the following features:
- Acquisition of VoP requests from entities (individual, bulk, and remittance functionalities)
- Processing of VoP requests and their responses
- Sending VoP requests to RVMs, PSPs, or banks in point-to-point connections
The Responder service primarily covers:
- Management of account databases
- Processing of DDD and RDDD
- Processing of DDV and RDDV
The WebUI administration and flow monitoring service integrates the following features:
- Real-time consultation and monitoring of exchanged flows
- Real-time tracking of consolidated and externalized account databases
- Management of rights, profiles, and users
- Configuration of external connectors
- Provision of customized statistics
- Monitoring and alert management
Key technical features
Dealprudence can be deployed in either SaaS mode or On-Premise (on-site), allowing clients to choose the solution that best fits their operational needs and technical requirements.
Dealprudence is an advanced technology due to its flexibility for rapid adaptation to banking production requirements, robustness ensuring high availability, modularity for easy addition or updating of features without impacting existing operations, performance guaranteeing high processing capacity, and security to protect data and transactions.
Dealprudence offers multiple deployment modes, including server mode (virtual or physical) and container mode (Kubernetes, Openshift, GKE, Amazon EKS, AKS), enabling adaptation to the specific constraints and preferences of the existing infrastructure, whether it is a traditional installation or a deployment in a container environment.
Dealprudence is equipped with an innovative and powerful Artificial Intelligence engine that applies to three main areas: a self-learning algorithm based on Deep Learning via neural networks, automatic balancing of VoP processing with automatic allocation of machine resources, and decision support for the benefit of the user.
Key benefits
Usable in RVM version and/or PSP/PISP/Bank version
Quickly adaptable to all existing and futur RVMs
Enabling direct and easy connection with all PSPs/PISPs/Banks
solution
Already deployed at large banks