IR announced the launch of their new product Real-Time Payments, as an extension to the existing IR Transact suite. This will enable businesses to modernize their payment processes and increase financial transparency. IR's Real-Time Payments product simplifies the complexity of managing real-time payments for businesses.
It enables detailed tracking of payment flows and monitors abnormal patterns instantly. The solution can utilize analytics to identify and respond to data patterns proactively be it early detection of system slowdowns or improving service levels.