PayX deep dives into Open Development Payment Platforms with an independent study into TranzAxis
Compass Plus, a global payments software and services vendor, and PayX, the internationally renowned payment specialists, have announced the availability of a new report that takes a deep dive into TranzAxis, the Open Development Payments Platform from Compass Plus.
For the first time in Jordan Arab Bank launches contactless technology on ATMs
Arab Bank has recently introduced the contactless (NFC) technology across a wide group of its ATMs in Jordan, allowing ATM users to conduct cardless transactions easily, safely and conveniently. The launch of contactless technology comes in line with the bank’s continuous efforts to reinforce its comprehensive digital banking services, and provide its customers with innovative banking solutions that save their time and effort. The Arab Bank ATM network functions using Compass Plus software.
Liberty Bank reinforces its fraud strategy to further protect its customers
Liberty Bank, the third largest bank in the Georgia, has reinforced its fraud strategy to address the rising volume of fraud the industry is currently seeing. The bank has teamed up with long-term partner Compass Plus to launch a new fraud detection and prevention system built on their solutions.
Unibank has completed the next stage of its migration to TranzAxis
As part of a large-scale strategic project that will substantially increase its offering and expand its business, one of the largest banks in Azerbaijan, Unibank, has successfully connected its in-house processing directly to Mastercard. The integration marks the completion of the second phase of a major project to migrate the bank’s payment infrastructure to the open development payments platform, TranzAxis, from Compass Plus.
Asia Pacific partnership offers FIs a future-proof solution for all their payment needs
Compass Plus further strengthened its partnership with Stratus Technologies in Asia Pacific with the announcement of the successful stress testing of TranzAxis using Stratus ftServer®. The testing was completed using TranzAxis, the next generation Open Development Payments Platform from Compass Plus, and Stratus ftServer, a fully integrated, continuously available platform for running business-critical workloads.
Compass Plus boosts market position following successful migration for Network International Egypt
Compass Plus marks a milestone in its long-term relationship with Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA). Following the successful migration of Network’s 12 Egyptian issuer processor clients (banks) to Compass Plus software from legacy infrastructures in 2019, Compass Plus is looking to apply its experience and expertise to similar projects globally.
Liberty Bank is one of the first in Georgia to launch tokenisation services
Liberty Bank, the third largest bank in Georgia, has become one of the first banks in the country to introduce Visa and Mastercard card tokenisation services with technological support from Compass Plus, an international provider of retail banking and electronic payments software to payment processors and financial institutions.
Compass Plus survey finds millennials choose convenience over security
A survey by Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed that while millennials rely heavily on their mobile phones, they consider them one of the least secure payment methods.
TDB launches instant card issuance in Mongolia
One of the largest banks in Mongolia, Trade and Development Bank (TDB), has launched the country's first instant card issuance project with support from Compass Plus, an international provider of retail banking and electronic payments software to payment processors and financial institutions.