Move every payment with confidence
SFI eVolve handles bulk payments, internet banking and fee collection alongside the core banking system your bank already runs. Built for mid-tier commercial banks on T24, Flexcube and Finacle.
The problem
Your payments team reviews every bulk salary file by hand before it runs. Reconciliation lands overnight, sometimes over several days. A failed payment sits in a queue until somebody goes looking for it. None of this is visible on a board report until it is.
Then the central bank changes a mandate. What should be a configuration change turns into a development project with a delivery date your bank does not control.
What is SFI eVolve?
SFI eVolve is a payment switching and processing hub for banks. It sits alongside your existing core banking system and handles the payment processing, internet banking and fee collection layer on top. More than R32bn moves through SFI eVolve every month, across 36+ installations in 21 countries in Africa, the Caribbean and Europe.
Where SFI eVolve sits
SFI eVolve is a payment layer, not a core banking system. It does not replace T24, Flexcube or Finacle. Your core banking system continues to hold accounts and balances. SFI eVolve takes the payment instructions, applies your business rules, verifies balances in real time, and routes each transaction to its destination.
Pre-built connectors exist for T24, Flexcube and Finacle. Everything else integrates via API, web services or MQ. Your IT team inherits a proven integration.
Deploy on-premise or in the cloud. Multi-tenanting supports several territories on a single instance.
One platform, three modules
SFI Switch, the processing engine
SFI Client, the corporate front end
Service Fees, the revenue engine
African payment mandates are handled at platform level
Central bank mandates in Nigeria, Ghana and Kenya are separating the market. A bank running a modern payment layer absorbs NIBSS, GhIPSS and Fast Payment System updates as a configuration change. A bank without one opens a development project.
SFI eVolve was built for this market. African payment schemes are first-class features in the platform. When a mandate changes, you configure.
What changes
Industry documents are auto-populated and linked to the right debtor or deal, so the paperwork keeps pace with the book. Every deployment includes standard reports for new business, aged arrears analysis, book amortisation, delinquent customers, settlements, and trial balance, with a built-in report builder for anything specific to your business.
- Manual bulk file review before every run
- Automated validation, with files processing without manual touchpoints
- Overnight or multi-day reconciliation
- Real-time reconciliation across all channels
- Custom development for every new scheme mandate
- Scheme updates absorbed at platform level
- High failed payment rates, manual re-processing
- Automated exception routing and retry logic
- Unencrypted file transfers
- AES/3DES encryption on every transfer
- Overdrafts from bulk runs with no balance check
- Real-time balance verification before every transaction
Proof
More than R32bn moves through SFI eVolve every month, across 25+ installations in 21 countries, with near-100% client retention.
Development and support, in-house
All Xpertek development and support sits with Xpertek employees. The team building SFI eVolve is the team implementing and supporting it, which means clear accountability and no third-party handoffs from the first conversation to go-live
Frequently asked questions
What is a payment switching hub?
A payment switching hub receives payment instructions from multiple origination points, applies business rules, and routes each transaction to its destination bank or scheme. It handles the processing, validation, encryption and settlement layer between your corporate customers and the wider payment system.
Does SFI eVolve replace our core banking system?
No. SFI eVolve handles the payment processing, internet banking and fee collection layer sitting on top of your core banking system. Pre-built connectors exist for T24, Flexcube and Finacle.
What payment types does SFI eVolve process?
Bulk and batch files including salaries, dividends, loan repayments and collections, EFT, RTGS, SWIFT instructions, debit orders and future-dated payments. Multi-currency processing is standard.
How does SFI eVolve integrate with our existing systems?
Through pre-built connectors for T24, Flexcube and Finacle, and via API, web services or MQ for everything else. Integration includes balance verification and account validation against your core banking system.
How secure is the platform?
AES/3DES encryption applies to all file transfers. The platform includes a full audit trail and role-based security with activity allocation per user.
Do you host the system, or do we?
Both options exist. SFI eVolve deploys on-premise or in the cloud, with multi-tenanting for banks running several territories on one instance.
Which countries do you operate in?
21 countries across Africa, the Caribbean and Europe, with 36+ installations.
Let's talk about your payment layer
If payment volumes are growing faster than the systems processing them, a short conversation is the best place to start. Pick the session that matches your role.
HEAD OF PAYMENTS
a 30-minute walkthrough of your current payment workflow against SFI eVolve
CIO OR CTO
a 45-minute architecture session mapping your core banking and payment layer against the SFI eVolve integration model
COO
a 30-minute operational cost mapping of your current payment operations against automation impact
