TCS BaNCS for Payments
Extensive end-to-end multi-product payment processing capabilities
- Overview Press tab for submenu items
TCS is here to make a difference through technology.
Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.
-
Industries
-
Services
-
Products and Platforms
- Overview Press tab for submenu items
We deliver excellence and create value for customers and communities.
Our expert, committed team put our shared values into action – every day. With the best talent and the latest technology we help customers turn complexity into opportunities and create meaningful change.
-
About Us
-
Research & Innovation
-
Our Brand
- Overview Press tab for submenu items
Extraordinary expertise leads to remarkable results.
We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.
-
Customer Stories
-
Perspectives
-
Global studies
-
Topics
- Overview Press tab for submenu items
Want to be a global change-maker? Join our team.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
-
India
-
Americas
-
Asia Pacific
-
Europe and UK
-
Middle East and Africa
Overview
India
expand here
Americas
expand here
Asia Pacific
expand here
Europe and UK
expand here
Middle East and Africa
expand here
- Overview Press tab for submenu items
Find the latest news about TCS in our Newsroom
Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.
-
Press releases
-
News alerts
-
Analyst recognition
-
Events
Upcoming events
29 Sep 2025 TCS BaNCS at SIBOS 2025, Frankfurt22 Sep 2025 TCS Life Sciences Forum 2025 LondonView all10 Aug 2025 TCS BaNCS at COBA 2025, Brisbane, Australia -
Media kit
- Overview Press tab for submenu items
TCS works hand in hand with world-leading investors.
Tata Consultancy Services LimitedNSE:TCSINR -
Management Commentary
-
Financials
-
News and Events
-
ESG
-
Resources
Overview
Management Commentary
expand here
Financials
expand here
News and Events
expand here
ESG
expand here
Resources
expand here
- Worldwide Press tab for submenu items
Global knowledge. Local support
At TCS, we help enterprises grow through innovative solutions globally. Adapt and thrive with us.
-
Global
-
Localized
Top Results
Showing
10
01 - 07
You have these already downloaded
We have sent you a copy of the report to your email again.
Products & Platforms
TCS BaNCS™
This will open an overlay
TCS BaNCS™: Enabling Transformation in Banks and Financial Institutions
Offering Software-as-a-Service across a stack of solutions and applications, TCS BaNCS facilitates smooth transformation in financial services and drives growth.
Related Insights
TCS helps reimagine the health insurance value chain by providing solutions for underwriting, claims, policy management, and more, driving agility and resilience.
Solution
29 Apr 2025
Learn how TCS’ intelligent, extensible reinsurance solution automates key processes across the insurance value chain such as insurance underwriting and claims management.
Solution
29 Apr 2025
Learn how our digital-first, cloud-based solution helps life insurers and pension providers achieve efficiency and enrich end-user journeys.
Solution
29 Apr 2025
Challenge
The constantly evolving payments ecosystem is rife with rapid changes in market dynamics, ever-evolving regulatory measures, and mounting customer expectations. To thrive in a changing market environment that witnesses a new player (fintech) gaining prominence in the payments space almost on a daily basis, it is necessary that financial institutions and payments providers upgrade their infrastructure and launch innovative products with an effective cost structure. Customer expectations make it increasingly more critical for organizations to differentiate themselves by launching such products and swiftly expanding to meet the demands of their clients.
Solution
With a track record of processing international payments in 25 countries and supporting over 40 clearing systems, and with several features natively built on MT and MX (ISO 20022) standards, TCS BaNCS for Payments is an integrated SWIFT certified and SWIFT gpi ready solution that supports real-time payment processing across multiple geographies, entities and currencies adhering to rules and standards. Supporting direct debits, domestic, cross-border payments and cheques processing, it is a comprehensive solution that makes use of API driven capabilities, and aims to support stronger management of risks and aid in the seamless integration of applications.
Benefits
- Built on a modern scalable architecture with component based design that seamlessly integrates with new ecosystems through well-defined APIs and a variety of online and offline channels
- Comprehensive support for traditional products like credit transfers, direct debits and cheques alongside newer offerings like real-time and blockchain based payments
- Extensive support for SWIFT gpi payments as instructing, intermediary and instructed institutions including support for latest features like universal confirmations
- Seamlessly integrates with a variety of online and offline channels. The processing of the payment is decoupled from the format in which it is acquired
- Leveraging extensive market and internal reference data, the solution is proven to have enabled STP rates near or above 99%
- Off-the-shelf availability of real-time dashboards, easy navigation, exception management queues, multiple repair modes and extensive search & audit features
- Implemented across the world, TCS BaNCS agile based implementation methodology enables faster ROI
- Continuous and ongoing compliance with evolving regulations
Read how TCS BaNCS for Payments can facilitate effective transaction processing for universal banks, help them seamlessly manage cross-border fund transfers and enables them to exceed the expectations of a fast-changing market.
TCS BaNCS for Payments is SWIFT and SWIFT GPI certified application adhering to regional regulations across multiple geographies. The solution has been certified for the payments market with SWIFTReady labels for more than 10 years now. Read more about the SWIFT certification here.
Related reading
Swipe Left
Swipe Right
©2025 TATA Consultancy Services Limited
©2025 TATA Consultancy Services Limited
- Privacy Notice
- Cookie Policy
- Accessibility Declaration
- Disclaimer
- Security Policy
- California Notice at Collection
- Customize Cookies
What’s on your mind?
We’re here to help! Tell us what you’re looking for and we’ll get you connected to the right people.
Looking for something else?