Payment Facilitators Thrive as India Continues its Push Toward Cashless

Payments
Payment Facilitators Thrive as India Continues its Push Toward Cashless
Payment Facilitator
Payment Facilitators Thrive as India Continues its Push Toward Cashless
Indian ecommerce and e-payments payment facilitator Paytm is again adding new services while Razorpay is aiming to gain traction in the ever-growing Indian commerce marketplace. And eMarketer recently touted India as “the fastest growing proximity mobile payment market in the world.”

Dream Payments, First Data and Intuit Collaborate to Enhance the Payment Experience; Verifone and Alipay Expand Partnership: News Roundup

Payments
Dream Payments, First Data and Intuit Collaborate to Enhance the Payment Experience; Verifone and Alipay Expand Partnership: News Roundup
Payment Facilitator
Dream Payments, First Data and Intuit Collaborate to Enhance the Payment Experience; Verifone and Alipay Expand Partnership: News Roundup
Dream Payments, First Data and Intuit come together to elevate the payment experience while Verifone and Alipay expand their partnership. And in other news, Visa makes signature optional at qualifying locations while TSYS completes its acquisition of Cayan.

NY DFS Fines Western Union $60 Million for Anti-Money Laundering Violations

Payments
NY DFS Fines Western Union $60 Million for Anti-Money Laundering Violations
Payment Facilitator
NY DFS Fines Western Union $60 Million for Anti-Money Laundering Violations
The New York State Department of Financial Services (DFS) has fined Western Union for failure to implement effective anti-money laundering compliance programs in-house and for failure to report suspicious activity – some of which could have facilitated human trafficking.

The Fallacy of the Network Greenfield Versus Brownfield Conundrum

Networks
The Fallacy of the Network Greenfield Versus Brownfield Conundrum
Apstra Blog
The Fallacy of the Network Greenfield Versus Brownfield Conundrum

I was a panelist at the ONUG conference in New York, where we discussed the impact of automation and machine learning on IT jobs. It was a great conversation, which I enjoyed thoroughly. The debate of greenfield versus brownfield came up a few times in the conversation, and I remember jumping in at one point and clarifying that from a customer perspective, there was no “brownfield” versus “greenfield.”

Customers almost never “upgrade” brownfield environments; That would be akin to upgrading components or adding a new engine to a 10-year old car that doesn’t meet any of the performance, emissions, or safety standards that are readily available when one purchases a new car. And customers rarely deploy pure greenfield environments. Their upgrade processes are constrained by the need to support legacy technologies in support of their business that require them to keep the lights on, and prevents them from performing forklift upgrades of their entire environment. And even if they were able to do so, such an approach can carry unreasonable cost and risks of disrupting the business if the upgrade doesn’t go smoothly.

Instead, what I’ve seen customers do far more often is deploy what we like to call “green patches”. That is, they upgrade their infrastructure one incremental step at a time. This incremental new step could be a new rack or, often a new POD. This new green patch is based on the latest thinking in terms of architecture, and incorporates the guiding principles needed to meet the ever evolving requirements of the business.

This is more true today than ever before. Because of the urgent need to embrace the digital transformation of their business, enterprises are embarking on an accelerated schedule to upgrade their infrastructure. The guiding principles that CIOs leverage their new green patches need to set the foundation for log scale improvements in how compute and network infrastructures are built and operated, that is, reduction of capital and operational costs, while increasing capacity and reducing risk in their platforms. These guiding principles are as follows:

Simplicity of operations through turn-key automation of the entire lifecycle of their network services, delivering on autonomous infrastructure operations freed from the inefficiencies of manual redundant configuration and troubleshooting tasks.

Free yourself from your hardware: There are plenty of hardware options on the market, from established vendors, to open source offerings. Customers should have the ability to deploy the highest capacity that’s the most cost effective for their needs, and they need to do that seamlessly without disrupting their operational model.

Ability to scale to meet the needs of the business. This is accomplished through proper scale out architectures, and through operational models that enable the ability to grow infrastructure or replace devices to newer technology of larger capacity seamlessly.
Our customers choose Apstra for their data center green patches because we uniquely deliver on those three guiding principles, enabling them to achieve log scale efficiencies in the costs of building and operating their new incremental infrastructure deployment, especially when compared to how they built and operate their brownfield environments. Our customers choose Apstra because they understand the 
exorbitant opportunity costs of doing nothing; high rate of outages and lack of agility, both of which amount to a basic inability to compete.

They believe that Apstra is the right choice because they appreciate the deep technological innovations that we have incorporated in AOS, which made these guiding principles a reality: our distributed operating system approach which provides a foundation for scale, extensibility, and reliability; our turn-key
intent-based approach provides unprecedented simplicity through powerful automation of the entire lifecycle of their data center network services; our disaggregated approach allows them to treat hardware as commodity; the systematic leveraging of open APIs and standards, which gives them control over their destiny; and last but not least, our
graph-based representations,
intent-based analytics, and continuous validation provides them full confidence that their infrastructure is indeed operating as intended.

Don’t waste your time arguing the two sides of the greenfield versus brownfield conundrum. And don’t fall behind from your inability to build the infrastructure that’s required for your business. Upgrade your infrastructure using a green patch approach instead, setting yourself on the right path for log scale efficiency improvements required by your digital transformation initiative. We would love to help. Please feel free to
contact us or
schedule a demo.

 

Klarna Collaborates with ACI Worldwide; Wirecard Partners with Fortress GB to Launch The One Card: News Roundup

Payments
Klarna Collaborates with ACI Worldwide; Wirecard Partners with Fortress GB to Launch The One Card: News Roundup
Payment Facilitator
Klarna Collaborates with ACI Worldwide; Wirecard Partners with Fortress GB to Launch The One Card: News Roundup
Klarna collaborates with ACI Worldwide to drive growth in the ecommerce market while Wirecard partners with Fortress GB to launch The One Card. And in other news, cashless has become the preferred payment option for Metro passengers and vending customers alike.

More Consolidation, or the Year of the PF: What Will Be the Big Payments Biz Story in 2018?

Payments
More Consolidation, or the Year of the PF: What Will Be the Big Payments Biz Story in 2018?
Payment Facilitator
More Consolidation, or the Year of the PF: What Will Be the Big Payments Biz Story in 2018?
You might say that, in the payments business, last year was the year of M&A. Some of the biggest names in the payments industry acquired integrated payments capability, resulting in some interesting and significant combinations. With few logical businesses left for processors to gobble up, what happens next in this active space? Does the consolidation that happened last year mean that integrated payments are now essentially solved?

Full Network Lifecycle Automation: So Easy Even a CIO Could Use It!

Networks
Full Network Lifecycle Automation: So Easy Even a CIO Could Use It!
Apstra Blog
Full Network Lifecycle Automation: So Easy Even a CIO Could Use It!

I’ve been around networking since the early 1990’s. My first router was a Cisco AGS running IOS 8.2(3) and had interface cables (appliques?) that sliced the back of your hands when installing them. I would use mainframe telnet emulation software to get to the CLI prompt and type away using show and config commands.

Fast forward 25 years… my hands have healed and telnet morphed to ssh but it’s still all the same process. This, despite the fact that “compute” (whatever happened to calling them “servers”?) was automated over a decade ago and switches effectively became servers with a bunch of ports. But compute automation tools — think Ansible, Puppet, and Salt — were not built for this type of work because networks are distributed systems intertwined in ways that servers will never be. And these tools were meant to handle provisioning which only happens initially and rarely after that. But you still need to operate networks, which inevitably requires yet another tool! Why? Well it can all be traced back to siloed organizational structures.

I remember one large bank I worked for had a Configuration Management Group (CMG). All they did was create/push configs based on diagrams an Engineering group gave them. I was in that Engineering group then and I loved it! I would create a before and after diagram and hand it over to them to figure out “the nitty gritty.” I felt sorta like a CIO, only vastly underpaid.

The engineering, of course, was based on an Architecture team’s 30,000 foot view of how the network should be. And after configuration was updated, the operations team had the privilege of taking over for the rest of their (network) lives.

Documenting all these stages and finger pointing between silos was a total nightmare. It went like this:

Ops: “We lost connectivity to Boston DC but I didn’t even know we had a Boston DC.”

Eng: “Check the Visio, it’s somewhere on shared drive, I think.”

Ops: “I don’t have permissions to see it…oh wait, now I do but this diagram is dated two years ago and there’s no Boston.”

Eng: “Damn, well I’m not in office right now, I’ll try to update it later but you could try Arch team.”

Ops: “OK.”

Arch: “Why are you calling me, I’m an Architect!”

But let’s say there was a tool that could automate each silo’s tasks. Design, Build, Deploy, and Validate/Operate all derived from your high level business intent?

That, my friends, is what Apstra does. And we aren’t only working with one switch vendor because unlike those vendors, we don’t want to sell you switches. Choose Cisco, Arista, Juniper, Cumulus, or TBD…and we’ve got you covered. We are a software solution and aren’t replacing the Network OS, because they are good at what they do! But we are automating and optimizing the NOS in this vendor-agnostic, top down way and it’s very, very cool.

Soooooo, I know everyone is busy, busy, busy – I still love this graphic:

It’s because of this and how amazing I think Apstra’s intent-based OS is that I created this demo and broke down each network lifecycle stage into 5-7 minute chunks. A mere 26 minutes total. Even a CIO could find this much time.

And as you’ll see, there’s nothing here that same CIO couldn’t do his/herself because we are Intent-based which means we take business logic from you, then take care of everything else. We want to remove the mundane and repeatable, so you can focus on what humans do best, which is creating new ways to help your businesses.

Have a look and drop a line to sales@apstra.com. I would love to go deeper here on your needs and all the other amazing things Apstra does but I didn’t have time to discuss here because I’m very, very busy.

 

Compliance in 2018: “Consumer Harm” Still Front and Center

Payments
Compliance in 2018: “Consumer Harm” Still Front and Center
Payment Facilitator
Compliance in 2018: “Consumer Harm” Still Front and Center
Last year was a regulatory year to watch in the U.S., as a new – more anti-regulation – administration took the helm.

And it certainly did deliver some drama as CFPB Director Cordray departed, kicking off a fight for control of that agency.

We asked Deana Rich, CEO of Rich Consulting, to go beyond the spectacle and talk about any impact the new administration has had on regulatory issues and what payment facilitators should watch for in 2018.