PaymentComponents and Brillio Forge Strategic Partnership to Revolutionize Global Payments Solutions

MAROUSSI, Greece - Aug. 8, 2023 - PRLog -- PaymentComponents and Brillio have joined forces in a strategic partnership to revolutionize the global payments landscape. As a leader in AI, payments, and open banking solutions, PaymentComponents aims to drive ISO 20022/CBPR+ adoption worldwide while modernizing payments through AI/ML-powered financial messaging solutions.

This collaboration expands Brillio's service offerings to include the full suite of PaymentComponents products, comprising aplonHUB Payments Hub, which enables companies to enter new markets and enhance their product portfolios with advanced payment instruments. aplonHUB simplifies the handling of complex requirements for financial institutions.

The partnership also introduces FINaplo.AI, this innovative Software-as-a-Service (SaaS) offering harnesses the power of AI and ML to uncover suspicious behaviors, influential accounts, runaway clients, payment corridors, predictions, and much more. By analyzing SWIFT MT or ISO 20022 financial messages, FINaplo.AI acts as a game-changing "chatGPT for financial messages," delivering unparalleled insights and intelligence.

Furthermore, the Finaplo Financial messages toolkit equips financial institutions with essential libraries for real-time creation, validation, and translation of various message formats, enabling seamless compliance with evolving industry standards.

aplonAPI open banking solution is designed specifically for open banking, helping financial institutions securely expose APIs and thrive in the open banking ecosystem.

With this collaboration, PaymentComponents and Brillio address the pressing market needs for modernized payments infrastructure, ISO 20022/CBPR+ protocol adoption, and empower banks and corporations to navigate emerging opportunities confidently.

PaymentComponents has a strong industry reputation, serving over 65 clients, including financial giants and leading fintech companies, positioning them as a reliable partner for financial institutions and fintech innovators.

Brillio, backed by Bain Capital, is a fast-growing digital technology service provider, helping Fortune 1000 companies leverage disruptive technologies like cloud computing, IoT, AI, and mobility. Their expertise in customer experience solutions, data analytics, and digital infrastructure makes them a preferred choice for innovative digital adoption.

Together, PaymentComponents and Brillio aim to redefine the future of global payments solutions, driving growth in the financial services industry. With a growing global workforce of over 6,000 Brillians across 17 locations, Brillio blends technology and design thinking to solve complex business problems and drive competitive differentiation for their clients.

This partnership is set to have a profound impact on the financial services sector, paving the way for a more efficient and intelligent payment ecosystem on a global scale. For more information, interested parties can contact PaymentComponents at sales@paymentcomponents.com and Brillio at media@brillio.com.