measurability

Early Detection Fraud Solution In Action – A Whitepaper

Following a major data security breach, one of the largest financial services groups in Africa asked Stanchion for help in architecting and implementing a first line of defence against fraud at ATMs. It took us just six weeks to roll out a solution that protects the group through early detection of irregular transactions that evade industry standard transaction authentication and fraud detection methods.   TODAY’S THREATS DEMAND A MORE PROACTIVE APPROACH TO PAYMENTS SECURITY Any security breach in a financial institution’s payments environment—no matter the scale—represents a massive business risk. Proactive monitoring and management of financial transactions significantly reduces this [...]

2017-10-16T15:49:11+00:00July 29th, 2017|Categories: News|Tags: , , , |

Operational Management in the Payments Industry

From fighting fires to optimising service delivery - Under pressure from new regulations, growing customer demands, and imperatives to reduce costs, payment companies face the challenge of streamlining operational management. It’s no longer enough for their IT and operations teams to respond quickly to problems and issues - they also need to drive continuous improvement of operational environments. To get this right, operational management solutions must enable teams to efficiently coordinate their efforts. By introducing a structured framework, the IT and operations team can bring increased discipline to the management of complex service level agreements. An effective operational management platform [...]

2017-10-16T13:53:24+00:00September 4th, 2015|Categories: White Paper|Tags: , |

Monitoring your Active/Active payments environment

You are an IT operations person working for a major bank, card service or payment processing company. Any lag or downtime within your payment processing system is unacceptable, so you go through great lengths to install an active/active environment to re-route transactions should a bottleneck or failed switch occur in your payments environment. You have now solved the problem of controlling unplanned downtime, right?  Sort of… Sometimes in the process of solving one problem, we inadvertently create new ones. In the scenario we have just walked through, it is safe to say you have eliminated potential bottlenecks and downtime issues due to [...]

2017-10-16T16:03:40+00:00July 13th, 2015|Categories: White Paper|Tags: , |

Outsourcing payment gateway allows company focus on core business

Traditionally, retailers and service providers have managed their own payment systems, accepting the associated resource and skills headaches as part of the territory. However, in-house management of payment switches is not always the best or most profitable route, as they cannot be assured of optimal system performance. While payment gateways keep retailers and banks in business, they are often not managed in a way that delivers optimal performance. When managed in-house, the system tends to be managed reactively rather than proactively and is heavily reliant on a limited pool of skilled resources. These are specialist skills and they are in [...]

2017-10-16T16:31:20+00:00July 28th, 2014|Categories: News|Tags: , |

Nedbank chooses INETCO Insight for payment platform transaction monitoring

Rapidly growing South African bank leverages INETCO Insight business transaction management software to manage growing complexity in payments services and banking systems architecture INETCO Systems Limited, a leading provider of transaction monitoring and analytics software, announced that Nedbank, one of South Africa’s largest banks, has licensed the INETCO Insight business transaction management (BTM) solution. Having grown by over two million individual and small business clients over the last two years, Nedbank chose INETCO Insight to improve the bank’s operational efficiency and maintain high customer experience levels in the face of growing transaction performance complexities within their ATM and point-of-sale (POS) service channels. “Nedbank is experiencing a period of explosive growth and is investing [...]

2017-10-16T17:02:49+00:00January 14th, 2014|Categories: News|Tags: , |