--- title: Mid-tier banks don’t have to lose out on the game description: corporate banking, global banking, automated payments, mid-tier banks image: https://blog.pelican.ai/hubfs/piggybanks.jpg --- [![Pelican - Simply Intelligent](https://blog.pelican.ai/hs-fs/hubfs/Pelican_May2016_Theme/Pelican.png?width=248&height=90&name=Pelican.png "Pelican.png")](https://www.acesw.com/test2016/Default.aspx) - [** ** ](https://twitter.com/pelicanbyACE) - [** ** ](https://www.linkedin.com/company/ace-software-solutions) - [** ** ](https://plus.google.com/b/105157255417092323343/105157255417092323343) # Mid-tier banks don’t have to lose out on the game By Parth Desai | 24th March 2016 ![piggybanks.jpg](https://blog.pelican.ai/hs-fs/hubfs/piggybanks.jpg?width=711&height=474&name=piggybanks.jpg "piggybanks.jpg") The payments business may be a scale game but mid-tier banks are not necessarily out of the running yet. Tier two and three banks can invest in a specialised payments processing gateway in order to keep pace with the larger players out there... Being able to cope with the current trend towards rising volumes of payments together with achieving economies of scale, is key to survival in today’s tough economic climate. This is where tier two and three banks tend to struggle, especially in these budget conscious times, but this does not have to be the case. Pelican  is actively targeting the mid-tier section of the banking sector with its own specialist payments processing solution, which allows them to benefit from lower costs even at smaller scale and the vendor’s own expertise. As a second generation specialist payments platform, Pelican removes the need to invest in a plethora of systems in order to meet all of a bank’s payments processing requirements,  including exceptions processing, charging etc, says the vendor. It therefore aims to provide a ‘one stop shop’ that is a cost efficient solution to keeping pace with the continuing evolution of the payments market. Many of these banks are currently reliant on manual processes or siloed legacy systems, which have no place in such a ruthlessly competitive environment. Customers, both retail and corporate, are less tied-in to banks than ever before and are therefore more likely to vote with their feet when it comes to banks not meeting their high expectations. Regardless of payment size, speed has become a differentiator for corporate and retail customers and banks must demonstrate their ability to process payments quickly and efficiently. With intelligent routing and repair components, Pelican allows these banks to become more agile and cope with existing and future volume increases. Banks are also able to configure the solution to their own specific requirements, thus affording them as much control as possible in these risk conscious times, says the vendor. An integrated system will allow for risk reduction by the improvement of liquidity controls and visibility around payment flows. By freeing up time from dealing with manual processes and inefficiencies, these banks are enabled to add more value to their Offerings. This means that mid-tier banks are able to compete on a level with big banks that have had to invest vast sums of cash in their systems. You don’t have to be a huge bank in order to provide quality payment services to your customers, it merely takes investment in a smart payments solution that cuts cost and complexity out of the equation. To find out more, register today and keep up-to-date with the latest news, insights and exclusive content...   [![Register for updates](https://no-cache.hubspot.com/cta/default/1919952/f46ffa6e-11aa-4978-9333-f88eea28d95e.png)](https://cta-redirect.hubspot.com/cta/redirect/1919952/f46ffa6e-11aa-4978-9333-f88eea28d95e)   ###### ** Share this article** - [Tweet](https://twitter.com/share) ### Related posts [BAFT North America Annual Conference 2016 - Bridging Growth And Innovation](https://blog.pelican.ai/pelicanblog-old/baft2016) [Being Human - Artificial intelligence and reasoning in transaction management](https://blog.pelican.ai/pelicanblog-old/beinghuman) [The Need for Speed - How will Same-Day ACH affect you?](https://blog.pelican.ai/pelicanblog-old/samedayach) [Transformation of the Corporate Banking Ecosystem - How Corporate Treasurers can adapt to the new climate](https://blog.pelican.ai/pelicanblog-old/transformation-of-the-corporate-banking-ecosystem) ### Recent Post ### Categories - [Corporate Banking (7)](https://blog.pelican.ai/pelicanblog-old/topic/corporate-banking) - [Artificial intelligence (6)](https://blog.pelican.ai/pelicanblog-old/topic/artificial-intelligence) - [Sanctions Compliance (6)](https://blog.pelican.ai/pelicanblog-old/topic/sanctions-compliance) - [AI (4)](https://blog.pelican.ai/pelicanblog-old/topic/ai) - [fintech (4)](https://blog.pelican.ai/pelicanblog-old/topic/fintech) - [Corporate Payments (3)](https://blog.pelican.ai/pelicanblog-old/topic/corporate-payments) - [European payments (3)](https://blog.pelican.ai/pelicanblog-old/topic/european-payments) - [STP (3)](https://blog.pelican.ai/pelicanblog-old/topic/stp) - [legacy systems (3)](https://blog.pelican.ai/pelicanblog-old/topic/legacy-systems) - [tansaction banking (3)](https://blog.pelican.ai/pelicanblog-old/topic/tansaction-banking) - [Transaction banking (2)](https://blog.pelican.ai/pelicanblog-old/topic/transaction-banking) - [Same-Day ACH (1)](https://blog.pelican.ai/pelicanblog-old/topic/same-day-ach) [see all](https://blog.pelican.ai/pelicanblog-old/midtierbanks#) ### Archive - [June 2016 (7)](https://blog.pelican.ai/pelicanblog-old/archive/2016/06) - [April 2016 (5)](https://blog.pelican.ai/pelicanblog-old/archive/2016/04) - [March 2016 (2)](https://blog.pelican.ai/pelicanblog-old/archive/2016/03) - [September 2016 (1)](https://blog.pelican.ai/pelicanblog-old/archive/2016/09) # For more information, contact one of our advisers [** ](https://blog.pelican.ai/pelicanblog-old/midtierbanks#) ![Pelican Logo](https://blog.pelican.ai/hubfs/Pelican_May2016_Theme/Pelican-white-Footer.png) CONTACT US Europe: Tel: +44 208 947 7200 | Americas: Tel: +1 732 603 4990 | Asia: + 9122 42453000 | Middle East: + 971 43132420 - [** ** ](https://twitter.com/ACE_Software) - [** ** ](https://www.linkedin.com/company/ace-software-solutions) - [** ** ](https://www.acesw.com/test2016/download.aspx#) [![](https://blog.pelican.ai/hubfs/Pelican_May2016_Theme/US-EU-Safe-Harbor-Framework-certification-mark_05-2013.jpg)](http://www.export.gov/safeharbor/) [![Validate TRUSTe privacy certification](https://blog.pelican.ai/hs-fs/hubfs/Pelican_May2016_Theme/seal.png?width=100&height=32&name=seal.png)](https://privacy.truste.com/privacy-seal/ACE-Software-Solutions,-Inc-/validation?rid=85cc25a8-166e-4ddf-9f78-3e0da913ad4c) © 1995-2016 ACE Software Solutions Inc. All Rights Reserved. [Privacy Policy](https://www.acesw.com/test2016/privacy.aspx)