NewNet works with Cloud Service Providers (CSPs) to deliver a full suite of cloud-based payment transport and routing applications.
Businesses in payment and technology industries that leverage Cloud Service Providers require secure transaction routing, load balancing, P2PE, and rapid deployment of applications. In response to this need for higher security, faster switching, better uptime and lower ongoing costs, NewNet has evolved traditional hardware delivery to virtualized applications.
The result is Secure Transaction Cloud (“STC”), a software suite of market-leading switching, routing and virtualized HSM technologies that eliminate the need for on-premise hardware.
As a technology provider to FinTech enterprises and the payments ecosystem, NewNet offers vast experience in delivering global technology and payments infrastructure products while advancing server-based, on-premise hardware products to virtualized solutions. This allows payment and technology businesses to avoid large capital investments in traditional data center build-outs, eliminate transaction-based fee billing, reduce the cost of compliance and expedite new application deployments.
Learn more about our virtualized solutions here or explore your free AWS Trial!
NewNet’s Secure Transactions President, Krishna Viswanadham, was featured in CIO Review’s April 2020 Issue. Krishna discusses how 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.