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By Newnet March 13, 2023
Secure Transaction Cloud (STC) launched with Google Cloud HSM on Google Cloud Marketplace. LOMBARD, IL Mar 14, 2023 — NewNet Secure Transactions, global provider of secure payment transport and infrastructure systems, today announced a secure payment transport, acquiring, and processing solution available on Google Cloud. NewNet’s new Secure Transaction Cloud (STC) solution with Google Cloud HSM launched on Google Cloud Marketplace, offers payment providers a vital secure cloud payment routing/switching application for transporting high volumes of digital payment transactions, Real Time Payments, Account to Account payments, etc. NewNet’s application is expanding to handle CBDC/Crypto payments, Open Banking payments, Web3 and Metaverse payments. STC helps payments companies rapidly and cost-effectively deploy and scale their digital payments footprint. NewNet’s Secure Transaction Cloud (STC) solution offers cloud-based secure payment acquiring, processing and issuer processing application with advanced data security, intelligent routing capabilities, comprehensive networking functions, point-to-point encryption and tokenization for security of payment transactions. NewNet’s STC solution is now available on Google Cloud Marketplace for trial, pilot & deployment to experience the high security payment transaction routing and aggregation. It offers high security, high availability and performance utilizing Google Cloud HSM on Google Cloud infrastructure. NewNet’s STC utilizes Google Cloud’s globally available platform to offer enhanced scalability, significant processing power, incredible redundancy, and smart management options. With Google Cloud HSM’s advanced encryption and security capabilities, NewNet’s STC gives customers a unique cloud payment application with the highest level of security standards compliance and high speed cryptographic operations. Offered as a subscription model, NewNet’s STC supports a variety of payment methods. This includes internet/web payments, ecommerce payments, mobile payments, wallet payments, A2A/P2P/M2M payments, POS/POI based transactions, ATM transactions and all forms of digital commerce payments with full compliance to PCI standards. STC offers a unique payment routing application for the industry with integrated payments, security, networking, and analytics features targeting PSPs, PayFacs, Acquirers, Processors, Mobile/POS Vendors, Banks, FinTechs, NSPs, MNOs, BNPL providers. “It is quite exciting to leverage the phenomenal capabilities of the cloud infrastructure with STC solution and enabling the payment industry with one of the most advanced cloud payment applications for seamless migration, massive expansion and high volume growth”, says Krishna Viswanadham, President of NewNet Secure Transactions. “STC’s virtualized payment and security functions operating in Google Cloud ensure the highest security for present and emerging payment transactions for both fiat and CBDC/Crypto payments and secure payments in Web3 and the metaverse with Google Cloud HSM’s strongest encryptions.” "Payment transaction volumes are experiencing growth at an increasing pace globally, and with it, the need for security solutions that are high performant in order to meet payment data transport and faster processing requirements,” says Nelly Porter, Group Product Manager of Google Cloud. “NewNet's STC payment solution offered on our resilient, scalable, robust and widely available Google Cloud enables customers in the payment industry to meet their growing demands using security and standards compliant Google Cloud HSMs.” STC payment application solution powers both greenfield FinTech Providers and established Payment Providers enabling the rollout of new payment services in a short time or to migrate to cloud seamlessly and effortlessly. STC on industry’s advanced security and high speed transaction capabilities available on Google Cloud Marketplace, will be highly beneficial for broad spectrum of payment ecosystem for the present and future. Click the below link to access STC on Google Cloud for a free trial and explore the application features. https://console.cloud.google.com/marketplace/product/stc-public/newnet-stc For more information, please contact [email protected] . ABOUT NEWNET SECURE TRANSACTIONS NewNet Secure Transactions (NST) is a premier global provider of next generation payment technology solutions offering significant expertise in Secure Payment solutions. NewNet Secure Transactions offers digital payment infrastructure solutions with intelligent routing & switching functions and cloud transformation for Acquirers, Processors, Banks, PSPs, Payment Gateways, PayFacs, MNOs, NSPs, FinTechs, CSPs etc. NST systems handle integrated payment transaction routing, secure network access, and payment data security utilizing flexible APIs, accepting omnichannel payments from Mobile, Web, In-Store POS, SmartPOS, mPOS, Ecommerce, Mcommerce, BNPL & ATM transactions, fully compliant to security standards, and expanding to concurrent handling of CBDC/Crypto, Open Banking payments. NewNet solutions are deployed with customers in over 60 countries, handles one-fourth of the annual global transaction volume, and is available both in private and public clouds and also as Server based solutions for Datacenters. NewNet’s Secure Transaction Cloud (STC) solution offers NFV based virtualized secure payment applications with a broad range of Virtual Networks Functions (VNF) for payment transaction routing and added security including: • ISO 20022, ISO8583, APACS, TPDU, VISA, XML/REST based Protocols • TLS, IPsec, SSH, HTTPS • Cloud Payment NAC (Network Access Concentrator / Network Access Controller) • Point to Point Encryption( P2PE), Tokenization • Load Balancing, Multiple Host Interfaces • Advanced Management & Reporting For more information about NewNet, visit www.newnet.com . NewNet is a portfolio company of Skyview Capital LLC .
NewNet Partners with Calculus Networks
By Newnet February 27, 2023
Chicago, IL, 28 February 2023 – NewNet Secure Transactions Inc., (“NewNet”) a leading provider of innovative solutions for secure payments to financial institutions, banks and payment providers, has partnered with Calculus Networks, Mexico, (“Calculus”) to deploy multiple AccessGuard 1000 (“AG1000”) systems for a major payment provider in Mexico. The PCI validated NewNet payment solution offers secure transaction routing and transport via cloud based virtualized applications or physical environments. NewNet’s AG1000 consolidates HTTPS and TLS/SSL transaction routing, TLS/SSL acceleration and load balancing within a compact rack mounted footprint. Exceptional scalability and reliability are achieved while optimizing efficiency. The AG1000 transports millions of transactions per day as a high-density transport gateway that uniquely links IP, Mobile POS and Web/E-commerce transaction data with authorization servers supporting ISO 20022, TPDU, ISO8583 and custom transaction protocols. The AG1000 terminates TLS/SSL sessions that originate from mobile, broadband and IP supported POS, ATMs and smart phone based payment terminals. Transaction protocols including VISA I, VISA II, ISO 8583, TPDU (Transport Protocol Data Unit), and Custom Protocols are utilized with hardware optimized efficiency. This allows AG1000 to seamlessly interoperate with next generation and legacy systems for faster, reliable and more secure transaction routing within a single system. Deploying the AG1000 has enabled the payment provider’s network to optimize transaction throughput and improve security with a return on investment enhanced by the system’s superior performance, and the rapid design, configuration and implementation by Calculus Networks. NewNet’s global services team together with Calculus’ team worked together to deliver a quick implementation with high quality on-site training for the service provider’s network and systems management team ensuring a smooth transition to this highly scalable platform. “We are delighted to partner with NewNet and offer AccessGuard 1000 solutions to enhance the transaction performance capability and meet higher security standards for our payment provider and payment acquiring customers,” said Sooraj Vasudevan, CEO of Calculus Networks. “Calculus is focused on solving business problems using cutting edge technology for global enterprises. NewNet’s expertise in offering low cost of ownership highly scalable state of the art secure payment transaction acceleration and routing solutions, coupled with our customer focused integration and support services, creates an efficient, cost-effective solution to our customers” “AccessGuard 1000’s feature capability, advanced security meeting and exceeding PCI requirement, high performance, and unique capability to offer integrated payments, security, networking and analytics helps Calculus Networks to offer a broader range of payment solutions and enables their payment acquiring customers to benefit significantly with operational efficiency and economical solutions for today and the future.”, said Krishna Viswanadham, CEO & President of NewNet’s Secure Transactions Inc. “NewNet’s next generation payment solution with offerings for Cloud based payment application solutions, Tokenised payments etc., coupled with leading service and support contributes significantly towards offering a seamless roadmap to cloud migration, overcoming EOL challenges, future proofing their payment infrastructure and delivering peace of mind with advanced security and performance.” About Calculus Calculus Business Solutions Inc., is the corporate parent of the Calculus Group of companies operating in Dubai (UAE), India, Mexico, Saudi Arabia and the United States of America. The Calculus Group are leaders in the scalable application of technology within the public and private sector, delivering comprehensive value-added solutions for ICT services providers and all levels of government. In Latin America, the Calculus Group operates as Mexico City based Calculus Networks, S.A. de C.V., a solution focused ICT systems integrator throughout the region. For more information about the Calculus Group, please visit www.calculusbusiness.com or email [email protected] About NewNet NewNet Secure Transactions Inc., (NST) is a premier global provider of next generation payment technology solutions offering significant expertise in Secure Payment solutions. NewNet Secure Transactions offers digital payment infrastructure solutions with intelligent routing & switching functions and cloud transformation for Acquirers, Processors, Banks, PSPs, Payment Gateways, PayFacs, MNOs, NSPs, CSPs, etc. NST systems handle integrated payment transaction routing, secure network access, and payment data security utilizing flexible APIs, accepting omnichannel payments from Mobile, Web, In-Store POS, SmartPOS, mPOS, E-commerce, M-commerce, BNPL and ATM transactions, fully compliant to security standards, and expanding to concurrent handling of CBDC/Crypto, Open Banking payments. NewNet solutions are deployed with customers in over 60 countries, handles one-fourth of the annual global transaction volume, and is available both in private and public clouds and also as Server based solutions for Datacenters. For more information about NewNet, visit www.newnet.com . NewNet is a portfolio company of Skyview Capital LLC .
Japan's IT Engineering Company DS Technologies of DSK Group
By Newnet April 14, 2022
DS Technologies Inc., a company of DSK Group, Japan's major bill payment service provider, has selected NewNet Secure Transactions LLC's Secure Transaction Cloud (STC) application for its payment infrastructure rollout in AWS Cloud.
By Newnet April 8, 2022
CHICAGO, April 8, 2022 /PRNewswire/ — NewNet Secure Transactions, a global provider of secure payment transport systems and a member of Oracle PartnerNetwork (OPN), today announced that its Secure Transaction Cloud (STC) solution with Oracle Cloud Infrastructure (OCI) Vault has achieved Powered by Oracle Cloud Expertise and is now available on Oracle Cloud Marketplace, offering added value to Oracle Cloud customers.
By NewNet June 20, 2021
CHICAGO, Nov. 2, 2021 /PRNewswire/ — NewNet Secure Transactions (NST) is developing innovative payment systems which offer secure crypto currency routing, transfer, translation and conversion capabilities for crypto payment transaction providers. Krishna Viswanadham, President of NewNet Secure Transactions says, “We are excited by this initiative to offer NewNet’s industry leading cloud based Secure Transaction Cloud (STC) application and on-premises payment routing systems to accept, aggregate and securely route Cryptocurrency payments. This solution can be used by banks, digital wallets, crypto exchanges, Fintechs, and PayFacs and holds a huge potential for future as the world emerges to the CBDC payments driven by respective central banks.” “NewNet’s STC is currently deployed by leading Acquirers, Processors, FinTechs. NewNet has partnered with the leading Cloud Service Providers for transformation and cloud migration of payment providers world over” Matt Thompson, SVP of Skyview Capital, which owns NewNet Secure Transactions says, “We are very excited by the emerging crypto economy. NewNet Secure Transactions is an industry leader in providing solutions for acquiring and processing of global digital payments. We see huge potential in applying our secure digital payments solutions experience towards crypto payments.” Alex Nascimento, UCLA Blockchain Faculty & Managing Director at 7CC Blockchain Investments says, “I am excited to see institutional financial solution providers like NewNet servicing the crypto industry. We are firm believers that institutional adoption of crypto is the catalyst for mass adoption of digital assets and tools like cloud-based securely routed crypto payments will continue to facilitate the adoption of crypto by Banks, Governments and other traditional institutions.” NST’s Cryptocurrency payment solution offering will include the following functionality: * Route and Transport Cryptocurrency payments * Acquiring solution for crypto payments from Wallets at POS, Web/Mobile purchases * Concurrent handling of fiat currency and cryptocurrency payments * Intelligent routing of cryptocurrency payment to targeted exchanges/service providers * Enabling acquirers/processors to allow merchants to accept cryptocurrencies for payments * Solution for acquirers/processors to interconnect with cryptocurrency exchanges for real time conversion to fiat currencies NewNet serves some of the largest payment companies in the world and sees a vital opportunity to expand the solution functionality to offer crypto payment capabilities. The firm plans on initiating trials with prospects and deploying Cryptocurrency payment capabilities in early 2022. About NewNet Secure Transactions (NST) offers secure Payment transaction routing, switching, transport solutions. NewNet’s payment systems powers over 25% of all global payment card and digital transactions, worldwide. NST’s latest solution, Secure Transaction Cloud (STC), offers virtualized secure payment applications for transaction transport in cloud with specific Virtual Network Functions for Security, Transaction protocols, P2PE, Tokenization, Host Interfaces, Load Balancing etc with PCI compliant HSMs. STC supports a wide range of payment types including Internet payments, mobile payments, POS/mPOS based transactions and variety of eCommerce, mCommerce payments and enables multiple payment options including Cryptocurrencies, and newer credit offerings with Buy Now Pay Later etc. More information is available at http://www.securetransactioncloud.com NewNet is a portfolio company of Skyview Capital www.skyviewcapital.com For more information, contact: Devarajan Puthupparambil VP, Products & Operations NewNet Secure Payment Transactions [email protected] 1 847 977 9099 SOURCE NewNet Secure Transactions Related Links http://www.skyviewcapital.com .
By NewNet June 20, 2021
NewNet Secure Payment Transactions will be participating in Mobile Payment Conference 2021 . Come hear NewNet’s Devarajan Puthupparambil speak on Secure Mobile Payments & 5G: The Latest & greatest. Click HERE and use code MPC21SOCSPK to receive a FREE registration! .
By NewNet April 20, 2020
NewNet Communication Technologies was recognized in CIOReview’s annual listing of 10 companies that are at the forefront of providing Payment and Card consulting/services and transforming businesses.
By Newnet April 19, 2020
These days, with even the average Joe choosing mobile payment options for all their daily transactions, it is clear that digitization is the buzz de jour in the payments industry. The last few years alone have witnessed the convergence of multiple tech trends such as cloud and big data, among others, that have created new revenue streams and modernized the interactions between merchants and customers. This has, in turn, established a need for companies to revamp their payment infrastructure to attain speed, security, and global reach to deliver the user experience that customers demand today. Industry expert, Krishna Viswanadham, President of Secure Payment Transactions, NewNet Communication Technologies, highlights the relevancy of cloud migration in the face of rising demand for faster retail payments. “The advent of new payment methods has led to a substantial rise in the volume of transactions observed within the industry, and has been a huge impetus to this migration to cloud, further fueled by the significant investments flowing into the FinTech domain” mentions Viswanadham. His company, NewNet Communication Technologies, plays a crucial role in this paradigm shift—by providing the latest and first in industry virtualized payment application in the cloud with high security for multi-channel payment transaction routing, switching and transport solutions. Additionally, NewNet fuels cloud migration by leveraging secure and reliable HTTPS and TLS transaction routing, TLS acceleration, protocol translation and load balancing for all types of IP, Web and mobile transactions. NewNet’s virtualized payment application facilitates tightly coupled API integration with mobile and web payment client applications, natively interfaces with dashboard, monitoring, and analytics applications, and fully leverages virtualized HSM in the cloud for advanced security utilizing Cloud HSM solution. So the question that lingers is: How does NewNet flourish within the payment space? The answer lies in its Secure Transaction Cloud (STC) solutions that help Fintech enterprises, cloud service providers, financial institutions, and others in the payment ecosystem. Speaking about the company’s offerings, Viswanadham mentions, “We would classify our solution capability into three broad categories–payment transaction routing, secure network access, and payment data security, and is offered in a uniquely integrated and virtualized manner in the cloud or captive deployments.” Under the payment transactions routing, NewNet offers support for numerous transaction protocols that are prominent in the industry and translates them according to the architecture of the latest payment devices. The company efficiently coordinates various types of payment routing such as rule-based intelligent protocol routing, bank identification number-based routing, NII routing, to name a few. These routing processes maintain data integrity by assembling the information flowing through the public dial, broadband, and mobile networks. Furthermore, the IL-based firm has simplified the task of handling voluminous TLS sessions, and host system encryption processes by integrating hardware-assisted offloading and acceleration capabilities with the virtualized crypto modules available in the cloud. Along with payment routing, NewNet’s secure network access safeguards transaction data and uses TLS protocols throughout the transaction trajectory with load balancing of payment transaction traffic and key network routing of the transaction sessions. By employing hardware-assisted offloading and acceleration capabilities coupled with virtualized crypto modules in the cloud, the IL-based firm handles transaction processes securely and accurately. In essence, the organization’s payment data security function tunnels the endpoints involved with point-to-point encryptions, and ensures safe transaction between POS systems and host servers, and further enhances security through tokenization of cardholder data. This enhances the security for IP, Mobile, Web and dial-up POS systems by removing card data at- risk and replacing with random token. Also, the embedded PCI-DSS architecture in the NewNet solutions combines all the core functionalities into a single scalable, reliable, cost- effective solution whose operations range from HTTPS and TLS/SSL transaction routing to encryption acceleration and load balancing. The cloud technology further allows real- time reporting and management for security systems, supports resiliency with cluster-based redundancy, and effectively tracks data for billing and auditing. As a final touch, the PCI validation, with ongoing compliance review allows NewNet to integrate its core offerings into a single, unique solution. Bolstered by its proven solutions and over 30 years of rich experience having strong legacy in payment security and networking domain with major deployments across the world, NewNet takes pride in effortlessly guiding its clients through a tricky pathway of confounding technology. In a typical client engagement, NewNet revamped the traditional platform of a Latin American payment acquiring, processing bank with STC application in advanced cloud architecture. By integrating their legacy payment network systems with its secure transaction routing applications, NewNet was able to create cost-effective payment transaction network solutions for the bank. With innovation at its core, NewNet aims to script many such success stories in the years to come. Looking forward, NewNet aims to evolve its application platform continuously to incorporate the latest industrial advancements and channel its growth in terms of IoT-based and B2B payments and reach out to customers on various payment platforms like WhatsApp, RCS based messaging applications, and the like. “Today, we are available on Amazon Web Services and can also deploy solutions in a private cloud, depending on customers’ requirements. We can have the application easily deployed on other cloud platforms like Google Cloud, Alibaba Cloud, Oracle Cloud with Cloud HSM (virtualized crypto module) and also trying to make the application available in various other cloud platforms like, Azure, or IBM Cloud,” concludes Viswanadham. It will be interesting to see how efficiently NewNet upgrades itself to make its solutions ubiquitous.
By NewNet March 18, 2019
NewNet Communication Technologies, global provider of secure transaction transport systems, announced today it will be […] The post NewNet Communication Technologies exhibiting at Midwest Acquirers Association: MWAA Conference 2018 appeared first on NewNet.
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