Are the systems you’ve relied upon for years still fit for purpose?

I ask this this questions with a fair degree of concern.

Just this week, the notable security journalist Brian Krebs highlights the FBI warning to the Banking Industry of a potential impending “Cash-Out” across the world.

They foresee a replay of the heist of a few years ago when a Card Issuers’ systems were hacked, daily limits raised, and then agents across the middle east withdrew some US$45 million within several hours.  Not until the heist was over did anyone really notice this unusual activity.  No-one smelled a rat till the rat had scurried away, melting into the night.

So many of the systems we reply upon today still date from before the days of the Internet, before the days of the iPhone, and certainly before the days when the words Dark Web and Hackers drifted into modern use.  Since that time, we’ve been busy trying to adapt our old systems for the modern world, tacking on bits of software here and there, plugging this gap and that gap, changing a few operational procedures, jumping through a few hoops to satisfy the regulators.  But what continues to happen? Fraud keeps on rising, and the fraudsters have increased incentives to carry on increasing their line of business.

OmniPayments takes a 21^st century approach to payments.  We recognise that modern systems require a number of key characteristics:

·      Flexible APIs

·      Rapid implementation times

·      Robust Security

·      Active/Active built-in

·      Dynamic transaction least-cost Routing

·      Support for low and high value payment

·      Wide support for all devices

·      Broad interchange & Card scheme support

·      Instant Payments

·      Cloud Support

OmniPayments on-prem, cloud, and managed solutions bring a diverse array of choices to the payments world.  A product built to meet the demand of the modern payments business, with a flexibility to allow you to adapt to your business needs, while staying secure and keeping your company out of the less favorable headlines.  For more information, please contact your local client representative at OmniPayments. 

Craig@omnipayments.com
Paul@omnipayments.com