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To enable its customers to fully take their cloud strategies to the next level, Compass Plus has supported Amazon Relational Database Service (RDS) in its cloud-native open development payments platform, TranzAxis.

Compass Plus has announced that it has teamed up with AWS to utilise the latest advancements of cloud-based deployment. The vendor of payments software and payments processing services has been enabling cloud deployments since 2014 for its customers, with many of them already making the move to the virtual arena, and is now utilising the benefits for its own processing centre.

Since issuing the first Visa card 15 years ago using solutions provided by trusted partner Compass Plus, Techcombank, one of the top commercial joint stock banks in Vietnam, has become the country’s market leader for Visa payments volume and has received numerous prestigious awards from the international payment network.

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.

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, 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.

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.

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.

From 24 to 25 September, Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, hosted its third annual TranzAxis User Group (TXUG 2019) in Amsterdam, Netherlands.

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.