One IT trend is currently chasing the next; from AI to the Internet of Things to cloud computing. However, what should not be forgotten are functionalities without which these developments will falter. For example, without smooth payments in the sense of an Internet of Payments, thinking machines would be significantly less efficient than desired. Secure and efficient payments systems are therefore of utmost importance for the entire economic cycle. However, the remodelling and development of payments systems can only succeed if suitable IT architecture models are used right from the start.
Financial service providers are currently undergoing a profound transformation process in the course of ever-increasing digitalisation. It brings a variety of challenges for the IT architecture of payments systems:
The Enterprise Payments Architecture team at PPI has decades of experience in the field of payments systems gained in a large number of successful projects. Their thematic spectrum ranges from the integration of PPI's own payments products into existing IT architectures to the migration of complete payments systems or the connection of authorisation systems for modern payment procedures and card payments as well as the modularisation of monolithic transaction-processing systems. The team includes experts in design and implementation of complex IT system architectures tailored to the needs of the financial institution. Our specialists have detailed knowledge of processes and standards of classic payments, card-based payments and current e-commerce payment procedures.