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Transaction monitoring – who is watching the watchers?

Finding out how to monitor active/active environments without letting the tech get in the way Steve Kirrage, Director of Stanchion Payment Solutions, Middle East. Ask any financial IT operations team what their number one headache is, and the answer is likely to be unplanned downtime. Reducing downtime is easily a top priority for IT professionals working for banks, card services and payment processing companies, where any lag or downtime within the payments processing system is unacceptable. The challenge is that payment systems are getting more complex, rather than simpler which means ensuring large credit card and debit transactions are processed, [...]

2017-10-16T09:03:58+00:00 October 22nd, 2015|Categories: News|Tags: , , , , |

Proxama and Stanchion join forces allowing card issuers to plug-and-play new mobile services

Partnership sees combination of mobile payments and proximity marketing solutions with integration expertise London, UK, 9th September 2015: Proxama PLC (AIM: PROX), the international mobile commerce company specialising in proximity marketing and provider of end-to-end payment solutions for card issuers, and Stanchion Payment Solutions, the international payment solutions  experts today announced a partnership and international reseller agreement. The agreement will offer card issuers and processors the opportunity to design and deliver new services to meet the growing needs of their customers for sophisticated payment solutions. As a result of the partnership, Stanchion will resell Proxama solutions for NFC Mobile Payments, [...]

2017-10-16T13:44:18+00:00 September 9th, 2015|Categories: News|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+00:00 July 13th, 2015|Categories: White Paper|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+00:00 January 14th, 2014|Categories: News|Tags: , |