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Tata Consultancy Services brings the power of technologies like AI, proprietary solutions, and ecosystem partnerships to help enterprises build resilient payment systems that deliver measurable business value.
NEW YORK | MUMBAI, June 11, 2026: Tata Consultancy Services (TCS) has been positioned as a Leader in Everest Group’s Payments IT Services PEAK Matrix® Assessment 2025.
According to the report, TCS has demonstrated experience in building national payment infrastructures and global ecosystem platforms, with a strong role in designing real-time, identity-linked systems for both domestic and cross-border use cases. It further highlights that TCS has built a wide suite of proprietary toolkits and advisory frameworks across payments modernization, risk and compliance, cloud adoption, and emerging areas such as gen Al and stablecoins.
It notes that the company has expanded its cross-border payments capabilities through partnerships and joint go-to-market initiatives with players such as Ripple, SWIFT, CorPay, PayPal, and Global Payments. From the client point of view, the report spotlights that they appreciate TCS’ reliable delivery execution and ability to manage complex payments modernization programs with consistent quality outcomes.
“Global commerce and money are transforming to achieve better efficiency with reduced risk through the adoption of distributed ledgers, tokenization and artificial intelligence with real-time-settlement at the core. In this context, many national payment infrastructures, systemically important institutions and payment service providers globally partner with TCS to innovate, design and execute actionable strategies to prepare for the world of composable finance and programmable money. TCS brings forth its strategic payments advisory, technology and execution capabilities along with proven global partner connectivity to help clients reimagine payments and deliver new experiences across markets with confidence,” said Srinivasa Kumar Yerchuru, Vice President and Global Head, Banking, Financial Services & Insurance, Industry Advisory, TCS. “This recognition as a Leader reinforces TCS’ ability to consistently deliver complex, mission‑critical end-to-end payments transformations at scale.”
TCS offers comprehensive payments IT services spanning strategy, architecture, platforms, and transformation, enabling financial institutions to modernize core payment infrastructures and unlock new value across the payments value chain.
The company’s domain-led offerings include a comprehensive repository of target state reference architectures, process models, qualitative evaluation tools, products, techniques, methodologies and approaches that have been time-tested over several transformational programs to realize business value, together with access to its innovation and partnership ecosystem. These offerings underpin its strategic investments in designing transformative business critical solutions for the global payments industry. In addition, TCS’ customer-centric approach, strong industry collaboration, deep contextual expertise, and application of emerging technologies such as AI and distributed ledger technology (DLT), help clients navigate complex business and technology change, delivering meaningful societal impact.
TCS uses its deep understanding of client businesses and industry dynamics to extend financial propositions beyond payments, driving transformation across connected value chains. TCS has invested in developing a range of evaluation tools, including a DLT evaluation toolkit, ISO20022-driven data monetization models, financial crime and compliance effectiveness evaluation, and a payments business audit and readiness toolkit.
TCS BaNCS for Payments offers multi-entity, -currency, and -country capabilities covering the complete value chain, including order management, clearing and settlement. It provides products like credit transfers, including domestic, real time and international variations, direct debit on a single platform. The future-proof solution is designed on ISO20022-based data and process models and includes all the cutting-edge features that forward thinking customers seek from a modern product, including real time payments and open APIs. TCS BaNCS is certified with the SWIFT Ready and SWIFT GPI Ready label for the payments market.
TCS also helps clients accelerate innovation, leveraging the TCS Pace Port™ network of co-innovation hubs spread the world, and an ecosystem of partners from academia, start-ups, and technology providers. It works closely with customers at the TCS Pace Ports to identify their most pressing business needs, rapidly prototype the most promising solution candidates and build them.
“TCS has strengthened its position in payments IT services through its experience in designing and operating national payment infrastructures and enabling global payment ecosystems across real-time and cross-border environments,” said Pranati Dave, Vice President, Everest Group. “Its ability to combine proprietary frameworks with co-innovation-led partnerships has supported large-scale payments modernization programs. Clients highlight its strong delivery execution in engagements, particularly in managing complex, multi-market transformations with consistency and scale. These capabilities contribute to TCS’ recognition as a Leader in Everest Group’s Payments IT Services PEAK Matrix® Assessment 2025.”
Disclaimer: Licensed extracts taken from Everest Group’s PEAK Matrix® Reports may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports
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