Batch payment processing automation

Purpose

1.1. Enables automated batch payment processing for retail banking, streamlining payroll, supplier settlements, mortgage disbursements, and mass customer reimbursements.
1.2. Automates recurring multi-party payment transfers, eliminating manual errors and delays, ensuring regulatory compliance, and providing real-time audit trails.
1.3. Centralizes approval workflows, transaction batching, status updates, and remittance notifications by combining automation with secure payments infrastructure.

Trigger Conditions

2.1. Receipt of payment batch files (CSV, XLSX, XML) via secure upload, SFTP, or API endpoint.
2.2. Scheduled batch releases (e.g., daily at 4pm) configured in the bank’s automation settings.
2.3. Automatic trigger upon successful completion of upstream approvals (e.g., finance manager validation).
2.4. Detection of payment due dates or invoice maturity for automated processing.

Platform variants

3.1. SAP S/4HANA
• Function/API: Payment Run (“F110”) automatedly triggered by job scheduling or API (Batch Payment Processing).

3.2. Oracle Fusion Cloud ERP
• Feature: Scheduled Processes — Use “Payment Batch” automation with Smart View scripting/API integration.

3.3. Microsoft Dynamics 365 Finance
• API: automate “Vendor Disbursement Journal” creation using Data Management API.

3.4. Temenos Transact
• Function: automate “Batch Payment Release” via Temenos Open API (“Batch Payments”).

3.5. FIS Global (Payment Hub)
• API: automate batch payment submission and status pulls via “Payments REST API”.

3.6. Fiserv DNA
• Feature: DNA Batch Processor — automate batch export/import and settlements.

3.7. Jack Henry Symitar
• API: automate “Batch ACH Origination File” transmission via SymXchange API.

3.8. Finastra Fusion Payments
• Function: Batch Payment Submission automated using “Batch Payments REST API”.

3.9. ACI Worldwide
• API: “UP Payments Batch Processing” endpoint for automated payment group submission.

3.10. Plaid
• Endpoint: automate “/payment_initiation/payment/create” for batch payments to recipients.

3.11. Stripe
• API: automate payout batches with “/v1/payouts” and metadata filtering.

3.12. PayPal Payouts
• Endpoint: automate “/v1/payments/payouts” for mass automated disbursement.

3.13. Adyen
• API: automate “/payouts” and “/batches” endpoints for bank batch settlements.

3.14. Wise Platform
• Endpoint: automate “/v1/batches” for global bank batch payment automation.

3.15. Bill.com
• API: automate bill approval and batch pay-out consent with “Pay Bills API”.

3.16. QuickBooks Online
• API: automate “Batch Payments” for vendors using “Batch API: Create Bill Payments”.

3.17. Xero
• Endpoint: automate batch bill payments via “POST Batch Payments”.

3.18. CitiConnect API
• API: automate “Bulk Payment Initiation” using Citi’s RESTful transaction services.

3.19. HSBCnet
• Feature: automate scheduled bulk payments through “HSBCnet Payment Integration”.

3.20. SWIFT gpi for Corporates
• Function: automate “FileAct Batch” transfers using SWIFT gpi Connect API.

3.21. Salesforce Financial Services Cloud
• API: automate integration for payment triggers and compliance validation on batch files.

3.22. Mambu
• Endpoint: automate “Batch Disbursements” using Lending API for loan payment batches.

Benefits

4.1. Reduces manual payment processing effort and automates reconciliation at scale.
4.2. Increases transaction transparency, decreases operational risk, and automates audit readiness.
4.3. Accelerates vendor, salary, and customer payment turnaround with no human error.
4.4. Centralizes all pay-outs within secure, automated workflows for regulatory and internal compliance.
4.5. Enables automating varied payment scenarios (cross-border, salary, vendor, pension) using one or more payment APIs.