Cognizant Joins J.P. Morgan Payments Consultant Program to Enhance Payment Solutions
Cognizant, a prominent name in technology services and artificial intelligence development, has officially integrated into the J.P. Morgan Payments Consultant Implementation Program (PCIP). This collaboration aims to provide enhanced payment solutions for clients, effectively merging technology and finance. With over thirty years of experience in payment systems and a talented workforce of 10,000 certified payment professionals, Cognizant is uniquely equipped to drive efficient implementations that align seamlessly with J.P. Morgan's suite of services.
The PCIP network serves as a trusted resource hub, designed to assist J.P. Morgan clients in modernizing their operations. By utilizing Cognizant's expertise, clients can confidently connect J.P. Morgan Payments solutions to their cash management systems and enterprise resource planning (ERP) platforms. This imperative step towards modernization is crucial for businesses seeking to streamline their financial operations in an increasingly complex global landscape.
Highlighting their commitment to facilitating this transition, Cognizant brings to the table an extensive understanding of ISO 20022 messaging standards and evolving requirements concerning Cross-Border Payments and Reporting Plus (CBPR+), which will take effect in November 2026. With regulatory changes emphasizing the need for such adaptability, Cognizant is poised to help clients navigate compliance seamlessly.
In collaboration with J.P. Morgan Payments, Cognizant has developed a range of deployable payment adapters that are not only user-friendly but also fully compliant with CBPR+ standards. These adaptors aim to optimize existing payment infrastructures, aligning them with the latest messaging standards and ensuring that businesses can transition smoothly without disruption.
"As J.P. Morgan Payments expands its PCIP program, we are linking clients with a network of seasoned technological and operational resources to implement our solutions effectively," stated Lisa Davis, head of digital marketing and design at J.P. Morgan Payments. This integration is a significant enhancement to the overall implementation program, ensuring that clients realize the potential of payment connectivity effectively.
Cognizant's Vice President Nageswar Cherukupalli emphasized that businesses no longer seek merely to add payment functionalities; they desire integrated, intelligent solutions that connect with every business management solution they utilize. Cognizant’s vast experience in payment systems empowers J.P. Morgan Payments clients to transition from strategic planning to tangible outcomes with speed and intelligence across their operations.
The payment solutions consultant program is a critical aspect of J.P. Morgan Payments' partner network, which combines end-to-end payment experiences through a competitive ecosystem of third-party integrations that facilitate rapid business growth. The suite includes treasury services, commerce, working capital, cards, and merchant services, ensuring clients can manage payments globally across various currencies. J.P. Morgan Payments currently processes over $10 billion in payments daily and operates in over 160 countries with more than 120 currencies.
With a strong presence across twenty industries worldwide, Cognizant is ideally situated to assist J.P. Morgan Payments customers in transitioning their payment strategies to measurable results. As companies face the pressures of modernization in an ever-evolving payment landscape, such partnerships will prove essential for achieving operational excellence and agility in financial transactions.
For Cognizant, this collaboration represents another step forward in bridging AI investment with enterprise value, as they develop comprehensive AI solutions that integrate organizational context into technological systems. The outcome is a maximization of human capital potential, ensuring clients stay competitive in an ever-changing market. To discover more about how Cognizant integrates AI with business needs, visit www.cognizant.com or follow them @cognizant.
The PCIP network serves as a trusted resource hub, designed to assist J.P. Morgan clients in modernizing their operations. By utilizing Cognizant's expertise, clients can confidently connect J.P. Morgan Payments solutions to their cash management systems and enterprise resource planning (ERP) platforms. This imperative step towards modernization is crucial for businesses seeking to streamline their financial operations in an increasingly complex global landscape.
Highlighting their commitment to facilitating this transition, Cognizant brings to the table an extensive understanding of ISO 20022 messaging standards and evolving requirements concerning Cross-Border Payments and Reporting Plus (CBPR+), which will take effect in November 2026. With regulatory changes emphasizing the need for such adaptability, Cognizant is poised to help clients navigate compliance seamlessly.
In collaboration with J.P. Morgan Payments, Cognizant has developed a range of deployable payment adapters that are not only user-friendly but also fully compliant with CBPR+ standards. These adaptors aim to optimize existing payment infrastructures, aligning them with the latest messaging standards and ensuring that businesses can transition smoothly without disruption.
"As J.P. Morgan Payments expands its PCIP program, we are linking clients with a network of seasoned technological and operational resources to implement our solutions effectively," stated Lisa Davis, head of digital marketing and design at J.P. Morgan Payments. This integration is a significant enhancement to the overall implementation program, ensuring that clients realize the potential of payment connectivity effectively.
Cognizant's Vice President Nageswar Cherukupalli emphasized that businesses no longer seek merely to add payment functionalities; they desire integrated, intelligent solutions that connect with every business management solution they utilize. Cognizant’s vast experience in payment systems empowers J.P. Morgan Payments clients to transition from strategic planning to tangible outcomes with speed and intelligence across their operations.
The payment solutions consultant program is a critical aspect of J.P. Morgan Payments' partner network, which combines end-to-end payment experiences through a competitive ecosystem of third-party integrations that facilitate rapid business growth. The suite includes treasury services, commerce, working capital, cards, and merchant services, ensuring clients can manage payments globally across various currencies. J.P. Morgan Payments currently processes over $10 billion in payments daily and operates in over 160 countries with more than 120 currencies.
With a strong presence across twenty industries worldwide, Cognizant is ideally situated to assist J.P. Morgan Payments customers in transitioning their payment strategies to measurable results. As companies face the pressures of modernization in an ever-evolving payment landscape, such partnerships will prove essential for achieving operational excellence and agility in financial transactions.
For Cognizant, this collaboration represents another step forward in bridging AI investment with enterprise value, as they develop comprehensive AI solutions that integrate organizational context into technological systems. The outcome is a maximization of human capital potential, ensuring clients stay competitive in an ever-changing market. To discover more about how Cognizant integrates AI with business needs, visit www.cognizant.com or follow them @cognizant.
Topics Financial Services & Investing）
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