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Cendora

UNITY IN YOUR FINANCIAL ECOSYSTEM

SOLUTION OVERVIEW

Cendora is the next stage of Chequepoint. The clearing heritage stays at the core, and the platform now extends to the full set of payment rails an institution needs to run, from one connected hub.

CORE FUNCTIONALITIES

  • One platform. Every major payment instrument processed and tracked together.
  • Straight-through. STP applied across all solution families, with fewer manual touchpoints.
  • Ready for what’s next. Built to include any new payment instrument as your needs grow.
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ABOUT CENDORA

Cendora is the evolving payments platform identity of Chequepoint. It reflects a product direction that goes beyond traditional clearing and gives financial institutions a clearer view of the portfolio when they evaluate payment processing, integration and operational visibility.

The portfolio is organized around four solution families: clearing and bulk payments, domestic payments, digital and mobile payments, and international payments. Reconciliation, reporting and adjacent banking services sit around them.

WHAT CENDORA OFFERS

  • Clearing and bulk. The foundation, carried forward. Cheques, EFT, direct debits and salaries, with pre-advising, surrogate clearing and OCR.
  • Domestic payments. High value and instant. Local RTGS with MT103 and MT202 messaging, plus ISO 20022 and instant rails.*
  • Digital and mobile. Reach customers on every channel. Mobile money, mobile banking, internet banking, smart ATMs and kiosks, and agency collections.
  • International. Cross-border from the same hub. SWIFT transfers, international remittances, cross-border payments, Western Union and MoneyGram.

VALUE PROPOSITION

  • Digitization of processes
  • Improved customer service
  • Improved architecture and workflow
  • Reduced fraud risk
  • Easier user management
  • Security
  • Processing of cheque, EFT, RTGS, mobile, utility and bulk payments, with the ability to add any new payment instrument

KEY FEATURES

Clearing and Bulk Payments (Cheques / EFT / Direct debits / Salaries)

  • Salary processing
  • Virtual slip generation
  • Pre-advising
  • Surrogate clearing
  • AutoCallBack integration
  • Optical Character Recognition (OCR)

Digital and Mobile Payments (Mobile money / Collections / Channels)

  • Multi-channel support: mobile money, Western Union
  • Smart ATMs, smart kiosks and channels
  • Agency collections
  • Mobile banking
  • Internet banking

International Payments (SWIFT / Remittances / Cross-border)

  • International remittances
  • Cross-border payments
  • SWIFT (international telegraphic transfers)
  • Western Union
  • MoneyGram

High Value and Instant (RTGS / ISO 20022 / Instant rails*)

  • Bank-to-bank local RTGS: MT202 message
  • Customer-to-customer local RTGS: MT103 message
  • Conversion of CPO into RTGS with proper liquidation
  • Send only selected RTGS payments, to control liquidity

Compliance

  • Suspect transaction screening
  • AML integration

Reporting and Analytics

  • Dashboards and reporting

Shared platform

    • Straight-Through Processing (STP) across all solution families
    • Single Sign-On (SSO)
    • Patch management system

HOW THE WORK CONNECTS

Initiate Coordinate Connect
Branches Validate and enrich Core banking (accounts and ledger)
Corporate channels Route and transform Payment schemes (processing and settlement)
Digital and Treasury Track and resolve
    • Reconciliation. Identify discrepancies and organise unresolved work.
    • Reporting. Bring operational activity into dashboards and reports.

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