Cheque Processing, Truncation and Clearing

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Risk management and compliance, when approached strategically, have the potential to go beyond mitigating threats and protecting a company’s operations and reputation.

They can actually generate value and create opportunities. Our dedicated risk and compliance consulting team assists clients in transforming uncertainty into advantageous prospects. We work collaboratively with organizations to identify and leverage the potential within their risk and compliance functions, enabling them to thrive in an ever-changing business landscape.

We built the only national clearing solutions for all clearing banks.

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PFS Ltd. aims to provide peace of mind to its customers, and the success of their Nigeria Automated Cheque System (NACS) is a testament to this commitment.

NACS, part of the iTELLER Suite of Solutions, was designed to streamline cheque and ACH processing. This comprehensive platform integrates all related services, offering clients flexibility and control over their payment systems. By offering a modular solution, clients can choose the features they need, making it both cost-effective and adaptable to their specific requirements.

We deliver strategic, transformative, and simple solutions that empower our clients to thrive both today and in the future.

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  • Value Chain

Streamlined cheque and ACH processing

Cheque MICRization and Personalization.

Cheque Capturing and Truncation technologies.​

Cheque Deposit and Tellering solutions.​

Automated Cheque Clearing House Solution.​

  • Client success in Risk Management and Compliance
85%
Expected loss reduction

We assisted a leading commercial bank with risk management and compliance, resulting in reduced exposure, lower pilferages, and increased profitability. After consultation and deployment of automation tools, we successfully reduced the client’s exposure by over one-third and mitigated expected losses by approximately 85%.

5%
Uplift

A global bank partnered with us to enhance its accounts reconciliation process, which improved its asset and liability management operating models and liquidity. Through this transformational engagement, we revised the client’s behavioural models and reporting strategy.

>10
Banks

We designed and implemented a global integrity and compliance process for banking operations that has improved customer satisfaction. The program focused on implementing processes and deploying simple automation tools in bank branches, thus strengthening process compliance through a connected network architecture. Through diverse communication, training, and enablement initiatives, we engaged all employees on the path to achieving sustainable culture change.

Client results

Explore our success stories to see how we have helped businesses like yours overcome challenges and achieve tangible results.

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