Real-Time Payment Processing and Fraud Detection for the Mobile Age

As payments are increasingly executed using mobile devices, the infrastructure is changing. As always, a multitude of banking channels, financial services providers, payment processors, and payment networks are jockeying for position in a highly competitive ecosystem.

Legacy payment processing infrastructure is not optimized for the new tsunami of transactions. Facing a massive increase in mobile payments and consumer demand for real-time processing, these systems are struggling to keep up with time-sensitive, high-volume data.

This paper discusses the challenges that payment processors face today, along with examples of how leading businesses solve these challenges.