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Modernizing payment processing architectures

Payment processing architectures are rapidly evolving in response to customer demands for a seamless experience and regulatory requirements; however, many businesses still rely on outdated platforms, risking market share to more agile alternatives.

The good news is that there are modern architectures that are much easier to integrate with legacy systems than businesses might be aware of.

In this live webinar and InfoQ-moderated Q&A, Hazelcast will discuss:

  • The differences between legacy payment processing solutions and modern architectures
  • Approaches to reducing payment costs and future proofing for business growth
  • Examples of successful real-world payment processing architectures and deployments

These are also closely related to: "When Zero Latency Matters"

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    People today are doing more and more on their mobile devices. It seems like there is an app for everything you need, and this includes credit card payment processing services. While mobile payment processing is a revolution for retailers, it’s a nightmare for compliance. The good news, however, is that with a little guidance, it doesn’t have to be.

    This expert guide from SearchSecurity.com discusses the new Payment Card Industry (PCI) Mobile Payment Acceptance Security Guidelines and examines how to ensure compliance in a world where mobile payment has become ingrained into everyday life.

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    We are living in a world where smartphones are with us at every turn. We are used to “bringing our own devices”. Why not introduce secure mobile payments as part of our daily purchasing experience?

    Indeed, the trend in consumer preference for mobile wallets over physical wallets is well documented, and is mainly caused by the publicity around the launch of the three “Pay” solutions, namely Apple Pay, Samsung Pay and Android Pay.

    But what makes Apple Pay really different to the other wallet solutions?

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    • It introduces EMV cryptographic strength to your remote payments, not only for in-app payments on your iPhone, but also for your interconnected Apple devices – this feature is named digital secure remote payment (DSRP).
    • Entering credit card numbers and security codes (CVV) during online purchases will be a thing of the past. DSRP provides a feasible option to successfully reduce card-not-present (CNP) fraud figures.

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