Governance at the speed of change

Become An Insider

Sign up now and get FREE access to hundreds of Insider articles, guides, reviews, interviews, blogs, and other premium content. Learn more.

Advance IT transformation with the use of the right tools

In the time it takes you to read this sentence, millions of payment transactions will have occurred.

Speed, throughput and decision accuracy are everything in the payment industry. The typical payment transaction authorizes within 50 milliseconds. This means that shifting customer demographics and new payment products and channels -- mobile devices, among others -- create significant challenges for the IT organizations at major payment networks such as Visa, MasterCard and American Express.

Unfortunately, the large legacy of IT infrastructure and networks stands as a potentially immovable object before the bullet train of ever-changing customer needs. A transformational business model is required to service customer requests consistently in their channels of choice.

To continue reading this article register now

Join the discussion
Be the first to comment on this article. Our Commenting Policies