banking

In the Sept-Oct 2021 edition of The Connection, we gave an overview of Kafka, and how it is being used by many Fortune 500 companies to manage “streams” of data, which have become prevalent as internet usage massively boosts the amount of data being generated, and requiring processing. Kafka allows these huge volumes of data to be processed in real-time, via a combination of “producers” and “consumers”, which work with a Kafka “cluster” – the main data repository.

HPE GreenLake for Payments is the most powerful and complete solution for Retail payments and is fully capable of handling both card-based, and non-card, consumer payments. The HPE GreenLake for Payments solution is based on the world-leading TANGO software from Lusis Payments, deployed on the highly cost effective HPE systems, and is backed by HPE’s pedigree track-record in the migration and operation of mission critical systems. Delivered through HPE GreenLake, customers get a pay per use, scalable, managed solution, delivered as a Service.

Red Link is the biggest transactional switch in Argentina, processing transactions from ATMs and digital wallets. Red Link is owned by a group of public and private banks that service most of Argentina’s population. Red Link processes more than 47 million transactions per day during their peak time of year. They are interconnected with 60 financial institutions and have more than 1,000 employees, with a large team focused on the HPE NonStop, as it is the primary system used for their transactions.

This Bank has the largest network of ATMs and branches in Thailand, with nearly 6,000 ATMs and over 1,000 branches throughout the country. They handle the travel, capital accumulation, and home deposit savings of millions of citizens. The Bank’s total assets amount to 2.62 trillion baht (THB), equivalent to approximately 80 billion USD, and in 2014 it had an operating income of 26.9 billion baht or approximately 826 million USD.