Please sign up ahead of time for our presentation: Today’s Payments Market: Creating Opportunities from Challenges - November 17th at 12:15 PM PST.
Payment processing today is evolving at a rapid rate. It’s not just the technology, allowing more transactions to be generated through new channels. New players are constantly emerging in the marketplace and using new technology to provide exciting new financial services to consumers, who are less loyal to traditional financial institutions and are more demanding than ever. Organizations with legacy solutions face increasing costs to maintain/extend while requiring months/years of hard coding for development of new products for market. To keep pace in a dynamic industry and outperform competitors, you need modern, flexible solutions that help streamline new offerings. This presentation introduces TANGO from Lusis Payments, a state-of-the-art technology with unparalleled configurability provided by its microservices-based architecture. TANGO facilitates the rapid introduction of new business and technical services, enables seamless integration with in-house and third-party applications, and facilitates support for current and future payment components. These features combine not only to address today’s challenges, but also to create a modern payments platform to benefit from further technology and business advancements that will inevitably occur in the future.
TANGO’s architecture deeply integrates with some of the modern and core fundamentals of HPE NonStop such as use of OSS and TMF-protected SQL/MX database, and full exploitation of HPE NonStop “process pair” feature through its hypervisor process. The dispatcher functionality works together with HPE NonStop TS/MP to provide scalability and availability, and supports the active/active configuration. This further establishes HPE NonStop as one of the most ideal platforms to run your TANGO payments solution.
Be sure to check out our presentation on November 17th at 12:15 PM PST at the NonStop Technical Boot Camp or visit: lusispayments.com/onewebcast to schedule a one-on-one Zoom call.
A TRULY INTEGRATED TRANSACTION PROCESSING ENGINE
Lusis payments, the innovative provider of software and services to the payments industry, leads with TANGO, an online transaction processing engine for mission-critical 24x7 solutions including payments, retail, loyalty, finance, utilities, and transport. Payment processors across the globe rely on the total flexibility, high-performance processing, and built-in high availability of TANGO for acquiring, routing, switching, authenticating, and authorizing transactions across multiple channels, in a multi-institution environment across geographies. TANGO offers an open, integrated infrastructure that is highly scalable and efficient due to the genuine approach to SOA, which significantly reduces complexities and improves business responsiveness. With these attributes of TANGO, coupled with the fault-tolerance, near-linear scalability, and unmatched performance of HPE NonStop systems, the combined solution has been the go-to choice for many financial institutions (FIs) and payment processors to satisfy their mission-critical demands of highest efficiency and reliability.
A COMPLETE PAYMENTS SOLUTION BUILT FOR THE FUTURE
While payment processing is constantly evolving, the fundamentals have not changed—perform transactions at high speed with round-the-clock availability and absolute security. Changes come in the form of new financial services—how they are delivered and managed with increasing frequency. To keep pace in a dynamic industry and outperform competitors, you need modern, flexible solutions that help streamline new offerings. TANGO’s state-of-the-art technology and unparalleled configurability due to its microservices-based architecture foster creation of new business services rapidly, enable interoperability with in-house and third-party applications, and facilitate support for current and future payment components. And HPE NonStop is always adapting, such as hardware-independent HPE Virtualized NonStop in a VMware environment as well as support for rich tools for DevOps. Together, Lusis TANGO on HPE NonStop helps keep your payments processing environment at the forefront of financial services and customer experience.
TANGO ARCHITECTURE—FLEXIBLE, OPEN, AND HIGHLY AVAILABLE
A TANGO system is a set of services (SOA) implemented in multi-instance process modules and federated by the dispatcher (load-balancer) with communications facilitated via a universal data bus. The data bus provides a standard data format (Type/Length/Value [TLV]) for all messages exchanged between services. Hence, TANGO Payments Server has no restrictions on transaction types: both standard and nonstandard transactions can be easily defined in the system, as can new transaction types and message flows. This flexibility easily accommodates new requirements and integration of new payment opportunities including external services for fintech APIs.
TANGO’s specialized high-availability components integrated within the platform provide an active/active systems integration without the need for third-party solutions. The active/active support within TANGO allows any given terminal to connect to any of the application servers to provide 24x7 availability to customers.
And to further the advantages, TANGO’s architecture deeply integrates with some of the modern and core fundamentals of HPE NonStop such as use of OSS and TMF-protected SQL/MX database, and full exploitation of HPE NonStop “process pair” feature through its hypervisor process. The dispatcher functionality works together with HPE NonStop TS/MP to provide scalability and availability, and supports the active/active configuration. This further establishes HPE NonStop as one of the most ideal platforms to run your TANGO payments solution.
READ THE ENTIRE ARTICLE
The latest company and industry news from Lusis Payments.