Dovetail Payments Platform is an out-of-the-box, open-architecture payments solution that delivers centralized, streamlined payments processing across multiple payment types and clearing schemes on a single, integrated technology platform. Canadian banks and credit unions rely on Dovetail Payments Platform to clear and settle multiple domestic and international payment types, including LVTS, ACSS and SWIFT.
The Canadian payments market is transforming with the adoption of ISO 20022 messaging standards, the introduction of Lynx, Canada's new high-value payments system, and the new real-time payments system.
Dovetail Payments Platform offers a single investment point for a complete multi-clearing payments strategy. Clients can increase straight-through processing rates, mitigate risk and configure new real-time products and services while significantly improving processing efficiency and reducing operating costs.