Cloud Migration of Payment
Acquiring, Processing
Bank in S Asia with NewNet STC
This Bank is a leading financial institution in S Asia, offering a wide range of banking and payment services to millions of customers across the country. Bank operates a network of numerous branches and a wide chain of ATMs, as well as an online and mobile banking services.
Leading Japanese Payment Services Provider Deploys NewNet STC
DS Technologies Japan, a leading IT Engineering company in the country with major enterprise and service delivering customers and offering top notch payment services with highest security and a robust roadmap for evolution to future of payments, deploys NewNet’s Secure Transaction Cloud (STC) for the rollout of the state of the art secure payment infrastructure in AWS Cloud.
Leading Mobile Application provider in Europe was seeking a high security solution in the Cloud for faster deployment, shorter time to market, high reliability, conformance to the standards, highly scalable and proven ability to offer seamless redundancy and resiliency.
NewNet’s STC application on AWS together with the CloudHSM was selected to deliver top security for this mobile application enabling smart mobile devices to act as secure mobile POS devices for seamless and easy to use payment acceptance
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.
5G Edge computing unleashes the power of cloud computing at the edge along with necessary storage and security. This reduces latency of traf c, minimizes network traf c to the core, thereby enabling the millions of IoT devices for the payment functions. NewNet’s STC application in the Edge can handle these payments for rapid, real time authorizations with highest security.
Multi Access Edge Computing (MEC) in 5G is expected to deliver ultra-low latency and giga bits per second speed which allows to support high density of IoT devices and related applications requiring faster responses and operate with highest security in real time.
NewNet’s STC products were selected to deliver virtualized secure payment transaction transport, routing and switching as well as virtualized hardware security modules.
NewNet’s STC delivers benefits that include heightened security, faster transaction throughput, unmatched resiliency, seamless expansion and economic efficiencies.
NewNet’s Secure Transaction Cloud (STC) solution in action together with the Spire IP/Wireless POS Terminals offers high security, cost effective, easy to use, flexible and optimized cloud based virtualized payment transaction solution.
With a large transaction volume in Europe, this customer has huge installed base of supported acquirers, processor and banks offering payment acquiring and routing services for a wide variety of access technologies including Dial, Broadband and Mobile.
Leading Bank in the Caribbean and Latin American region with over 100 years in banking service and well-represented in insurance brokerage, underwriting and loss adjustment, in portfolio management and investment services, private banking, and corporate management services, with major electronic payment services employing state of the art technology solutions.
This Bank powers payment transactions’ reliable transport for authorization over the data networks, enabling merchants, business and customers to successfully conduct digital payments. With the largest transaction volume in the Caribbean and a leading player in the Latin American region, this Bank has huge installed base of merchants and businesses and offers payment acquiring and routing services for a wide variety of POS and ATMs utilizing access technologies including Dial, Broadband and Mobile, together with highest security for transactions including TLS and P2PE.
Major island bank of USA and present in the eastern hemisphere, with a distribution across multiple islands spread over a wide geographic region across the ocean.
Serving the population of the islanders across multiple islands, the Bank offers a wide range of banking, investment and payment services to its customers. Started off as the off-shoot of a major Bank in USA and further establishing as a local Bank of the islanders, they offer world class banking and payment services to the population across the distributed islands for close to 5 decades.
“After rigorous market analysis we have selected NewNet as our partner to build out our payments service offering. We believe that the efficiency, security and performance offered by NewNet will enable us to offer innovative and superior m-commerce and e-commerce payments services” — Paulo Guzzo, Cielo IT and Operations Vice-President.
Leading Mobile Network Operator (MNO) for banks throughout the Middle East upgrades legacy transaction transport via secure IP connectivity with NewNet’s AccessGuard 1000.
A leading merchant acquirer serving 8 out of 12 banks in a country located in the Middle East upgrades their Dial-up and IP transaction transport with NewNet systems.