Payment Preparation
Is Still Broken
Financial institutions face a common set of operational pain points that drive up costs, delay execution, and create compliance risk — across domestic, SEPA, SEPA Instant, and cross-border payment flows.
Fragmented Sanctions Screening
Separate portals, batch uploads, and manual review cycles. No real-time, inline screening integrated into the payment preparation flow.
Manual Validation
IBAN and BIC checks done by hand, with no support for non-IBAN formats — US ABA, UK sort codes, IFSC, BSB, and dozens more.
Opaque FX Sourcing
Phone calls, single-provider dependency, and opaque pricing. No competitive multi-source rate comparison available at point of instruction.
Incomplete ISO 20022 Formatting
ISO 20022 purpose codes, structured addresses, and corridor-specific regulatory fields are left incomplete across SEPA, SEPA Instant, and Swift messages — causing downstream payment rejections and compliance failures.
Lagging Fraud Detection
Rule-based, reactive systems with no cross-institutional intelligence. Risk scoring happens too late in the payment lifecycle.
No Integrated Tracking
Manual inquiry via Swift GUI or phone calls. No unified view of GPI tracking, stop & recall, or exception case management.
Consultancy Meets Technology
We combine deep payments domain expertise — in Swift, ISO 20022, SEPA, and SEPA Instant — with modern API-driven solution design to help financial institutions fix what's broken in payment preparation and regulatory compliance.
Advisory & Diagnostics
We assess your current payment preparation workflows, identify operational gaps, quantify rejection costs, and design a target-state architecture — tailored to your institution's size, systems, and regulatory context.
Solution Design & Development
We build solutions that bring together validation, screening, enrichment, and formatting capabilities into a single, coherent preparation layer that sits in front of your existing infrastructure.
Implementation & Support
From proof-of-concept to production. We work alongside your teams to deploy, integrate, and iterate — ensuring compliance, auditability, and measurable operational improvement from day one.
Our solutions are built on a modular, vendor-agnostic API architecture. Validation, ISO 20022 formatting, sanctions screening, AI fraud detection, purpose code completion, and SEPA Instant readiness — all orchestrated through a single preparation layer, with components that can be swapped independently.
Deep Knowledge Across the
Payment Preparation & ISO 20022 Lifecycle
Our team brings hands-on experience in Swift messaging, ISO 20022 formatting, SEPA and SEPA Instant processing, API integration, and regulatory compliance.
Global Account Validation
IBAN, BIC, and non-IBAN formats across 195 countries — ABA, sort codes, IFSC, BSB, Zengin, CNAPS, CLABE, and more.
Sanctions & Compliance Screening
Screening architecture against OFAC, EU, UN, HMT and major watch lists — with false positive reduction strategies.
AI-Powered Fraud Detection
AI-driven real-time risk scoring and AML transaction monitoring integrated at the point of payment instruction — before submission, not after the fact.
ISO 20022, SEPA & SEPA Instant
pacs.008 and pain.001 validation for Swift, SEPA, and SEPA Instant. Purpose code completion, structured address formatting, and corridor-specific regulatory field automation.
Beneficiary Pre-Verification
Verification of Payee, Swift BAV, and name-matching solutions to catch errors before they become rejections.
Correspondent Route Intelligence
Ranked routing by speed, cost, and reliability. Dynamic SSI resolution per currency corridor.
Swift GPI & Post-Submission
Swift GPI Tracker, Stop & Recall, Case Management, RFI workflows — unified tracking and exception handling.
API Orchestration & Automation
Modern API architecture that coordinates multiple specialist services — validation, compliance screening, payment enrichment, ISO 20022 formatting — into seamless, automated workflows.
Compliance Workflow Design
Four-eyes enforcement, AMLD6-ready escalation workflows, RBAC, and full audit trail architecture.
Who We Are
Arqpay was founded by payments professionals who saw the same problem across every institution they worked with: payment preparation is fragmented, manual, and expensive — especially for financial institutions that don't have the scale or IT budget of Tier 1 banks.
We started Arqpay to close that gap. We bring deep domain expertise in Swift messaging, ISO 20022 formatting, SEPA and SEPA Instant processing, purpose code automation, correspondent banking, and regulatory compliance — combined with a modern, API-first approach to solution architecture and AI-powered enrichment.
Based in Belgium, we work with financial institutions who want to bring order, compliance, and efficiency to their payment operations.