Blog

January 17 , 2018

The new era of transaction switching

With the increasing number of payment channels and methods, the complexity of transaction switching software is ever growing. Aspects like reliability, performance, low latency, resilience and security have become qualifiers rather than differentiators....

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December 1 , 2016

21st century Payments-Why evolution is just not good enough!

The history of payment system products since the 1980s is one of gradual evolution. There have been few radical changes. Instead, products saw incremental enhancement over time, with many products all built on core code that was written in the 1980s and 1990s. Products like BASE24, Postilion, BASE24-eps and OPEN/2...

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November 15 , 2017

Applying the brakes to the runaway train of technical debt

In 2008 the hubris of the financial sector that we serve finally caught up with itself. Mountains of consumer debt that had been packaged, re-sold and deferred turned out to be unserviceable and the whole edifice came tumbling down. Now commentators are asking whether any lessons have really been learned as consumer debt in some western economies starts to climb again....

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February 22 , 2017

The Payments Switch - A Complex Fabric of Business and Technology

Payments switch is a complex fabric of functionality and technology, intricately woven to provide a solid platform. With the intent to deliver high throughput & resilience to the ever-changing field of payments services. From a bird’s eye view, it might seem as if payments switch is a generic platform used to transform...

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