Numeral Product updates: June 2025

Payments continue to evolve at a fast pace — from regulatory deadlines like the Instant Payments Regulation to new requirements introduced by the latest SEPA rulebooks. At Numeral, our teams have been focused on delivering features and integrations that help financial institutions meet these demands with confidence.

Here’s a look at what we have shipped recently.

Expanding our bank and scheme coverage through new integrations

More financial institutions are expanding their geographic coverage and adapting to evolving scheme requirements. This calls for greater flexibility in how they access payment systems across regions — and faster onboarding when they do. That’s why we’ve focused on expanding our network of bank partners and reducing time-to-production for our joint clients.

Powering Australian payments through Citi integration

While we initially focused on European payment schemes, we are committed to supporting our customers globally. Numeral now supports Australian payment schemes through our integration with Citi Australia.

Through Citi's infrastructure and global payment capabilities, Numeral customers can now send and receive payments via Osko (instant payments), BECS (bulk direct credit transfers), and RITS (RTGS high-value transactions). This integration helps institutions operating or expanding into Australia streamline local payment flows.

Strengthening reach with Iberpay

Numeral is now integrated with Iberpay, Spain’s national clearing system. Iberpay processes over 3 billion transactions annually, including 1 billion SEPA Instant transfers. Our first customer is already live, using Numeral’s API-first platform to automate payments with Iberpay. This partnership helps institutions in Spain and Portugal access local schemes through a modern, resilient architecture.

Accelerating access to FPS, Bacs and CHAPS with ClearBank

Our integration with ClearBank is also live, with our first customer already processing payments. ClearBank is the UK’s first new clearing bank in over 250 years, offering API-first access to the UK’s domestic schemes: FPS, Bacs, and CHAPS. Through Numeral, financial institutions can quickly connect to ClearBank, access their accounts, and process payments with reduced time to market.

Going live with multiple banks through Société Générale 

Using Société Générale’s infrastructure for indirect SEPA participants, we have also taken more than three banks live on SEPA Instant Credit Transfers. The go-live was completed in under four months, aligned with the first requirements of the Instant Payments Regulation. This integration offers institutions a fast and compliant path to SEPA Instant.

Integrating with Memo Bank

Finally, we’ve also gone live with Memo Bank, enabling its clients to access account data, initiate SEPA Credit and Instant Credit Transfers, and manage SEPA Direct Debits — all through Numeral’s platform. Memo Bank is the first independent French bank in over 50 years, built on a modern core that supports fast lending and business growth. This integration allows Memo Bank to deliver more efficient and automated payment operations to its corporate customers.

To see what’s live and what’s next, visit our bank coverage page.

Preparing for VOP: opening our sandbox for early testing

With the Verification of Payee (VOP) scheme going live on October 5, 2025, financial institutions must soon be able to verify a payee’s name and IBAN before sending SEPA payments.

We started the certification process for our VOP inter-PSP API with the European Payments Council’s VoP Scheme Sandbox, known as the VoP API Reference Toolkit (ART). This ensures that we’re on track to support a timely go-live for all our customers.

In addition, we decided to open our own VoP sandbox environment to all customers impacted by the regulation. This gives teams an opportunity to begin testing early, and build confidence ahead of the deadline.

With the Numeral VOP sandbox, financial institutions can:

• Send and receive simulated VOP requests via API or dashboard

• Simulate incoming VOP requests and test their matching algorithms using test or internal account data

• View audit trails and reporting for all sent and received VOP requests in the dashboard

Live VOP requests and access to the EPC’s Directory Service will be supported once EPC systems go live. Learn more about our VOP solution here:

• Numeral VOP overview

• API reference

Improving control and visibility across payment operations

Operational readiness and efficiency continue to drive priorities for payment teams in 2025. From VOP preparation to real-time visibility, our latest releases focus on automation, controls, and meeting regulatory requirements.

Flexible approval workflows for better compliance and security

Businesses often need controls to prevent fraud and human errors, especially for sensitive or high-value payments. That's why we've introduced payment approval workflows – robust, flexible, and auditable processes that adapt to your needs.

When a payment requires approval, it will enter a pending_approval status until all required approvers validate the operation. You can customise the rules and track progress from the dashboard.

Payment approval workflows are available via the dashboard and support multi-step, auditable approvals. Read more in our guide and changelog.

Payment approval rules applied to a payment order.

Seamless migration when switching to Numeral

Migrating to a new system can be complicated and risky, especially when payment history and R transactions need to be preserved. Our migration process supports importing:

• Outgoing SCT, SCT Instant, SDD, and Bacs payments

• Incoming SCT, SCT Instant, SDD, and Bacs payments

• Return requests: recalls and originator requests for recalls by the originator (RFRO)

• SEPA and Bacs direct debit mandates

Since R transactions can be received up to 13 months, we ensure coverage of at least that period. Payments migration is part of the implementation process – contact our team for more information.

To get a detailed description of our migration process, read the changelog entry or follow our step-by-step migration guide.

Real-time visibility on internal account activity

Financial institutions managing customer accounts often lack timely insights for incoming transactions booked for their internal accounts. This results in slower, often manual, processes to link incoming transactions to customer accounts, making it difficult to automate relevant workflows or update account balances swiftly.

To solve this problem, Numeral automatically links each of your incoming transactions to its corresponding internal account.

You can:

• Search and filter transactions by internal account id or internal account number

• Filter and view matched accounts directly in the dashboard

This feature is available to all customers. Learn more in our changelog.

Cross-border tracking via Swift GPI through partner banks

Tracking high volumes of cross-border payments remains challenging. Even with Swift’s GPI solution, accessing and acting on that data is difficult without integration. The result? Lack of visibility, manual follow-ups, and slower operations.

Numeral now supports GPI tracking for payments sent and received through partner banks – no Swift direct access needed. Customers can:

• Attach Swift tracking IDs to Swift/CHAPS payment orders

• Retrieve and filter orders and incoming payments by tracking ID

• View Swift tracking data for incoming payments

• Available to all customers with Swift GPI-enabled partner banks – contact our team to activate it.

More in our changelog.

Improving the dashboard experience for developers and ops teams

We’ve made improvements to the dashboard experience to help operations and developer teams move faster with more autonomy.

One-click payment order duplication

You can now duplicate any payment order with a single click. This helps reduce errors and speed up recurring or similar payment payments – from bills and salaries to manual payments between safeguarding and settlement accounts. Duplicates go through full validation, just like new orders.

Head over to changelog for a detailed description.

Simpler account holder management

You can now create and manage account holders in the dashboard. These can be linked to internal or external accounts and used in payment orders. This simplifies account relationship management and gives business teams more control. Learn more in our changelog.

Easier event delivery tracking

The dashboard is also a key tool for developers to accelerate implementation and maintain integration visibility — so we’ve enhanced event delivery tracking.

Previously, it was hard to track the actual delivery status of events in the dashboard. Users had no overview of which channels received what, and no quick way to retry or debug issues.

To improve the developer experience in the dashboard, we’ve added delivery tracking to the Events view in the Developers section:

• Delivery status now shown on the events list and detailed views

• Visual indicators for successful, pending, or failed deliveries

• Dedicated tab for child events, with retry options

Check the in-depth description in our changelog.

New support page

Finally, you can now access a dedicated Support screen giving you access to:

• Support contact details

• Links to our guides and API documentation

• Link to status page

Everything in one place, directly from the sidebar. Read our changelog to learn more.

That’s it for now

We’ll be back soon with more updates across bank connectivity, payments, and dashboard improvements. If you'd like to explore any of the features above, reach out to your account manager or visit our resources to learn more.