Authentic, the open payments platform from Alaric, improves data
consistency and visibility to validation process to E-Global’s seven
million daily transactions
DULUTH, Ga.--(BUSINESS WIRE)--Mar. 16, 2015--
E-Global, the largest electronic payments processor in Mexico, has
implemented a new payments transactions platform from NCR Corporation
(NYSE: NCR), the global leader in consumer transaction technologies.
Using Authentic from Alaric, an NCR business, E-Global is able to create
rules for validation more quickly, improve the consistency of its data
and gain better visibility into its validation process. Authentic is a
high-performance software platform for switching and payment
authorization that can route transactions between multiple acquirers,
issuers, networks and other switches, and supports a complete range of
POS devices and terminals.
Owned by BBVA Bancomer, CITI Banamex and HSBC, E-Global provides
switching and card processing services to nearly two-thirds of Mexico’s
350,000 point-of-sale devices. To find its replacement switching
technology, E-Global worked closely with the system delivery and service
provider Stratus Technologies Mexico.
Unlike conventional payments processing software, Authentic absorbs
change with ease. It combines unrivalled flexibility of deployment with
efficiency of processing. Providing the payments engine for global
networks, banks and large processors, Authentic has achieved in excess
of ten thousand transactions per second in benchmark tests.
“In tests and demonstrations, Alaric and Stratus showed that Authentic
would easily meet – and exceed – our performance requirements for
transactions per second. It is also a system that is clearly designed
with flexibility in mind,” said Felipe Villegas, Chief Information
Officer, E-Global. “We have found Authentic to be a unique and powerful
solution that easily meets our need for performance, and fits perfectly
into our business. The product itself is exactly what we need. The local
support has been excellent. The only question is why we didn’t adopt it
sooner.”
Authentic is entirely built using Java, creating long-term benefits for
institutions such as E-Global in terms of finding and hiring its own
support and development staff.
“With the high volumes of transactions handled by E-Global on a daily
basis, the support and performance of its transaction platform is
essential,” said Steve Nogalo, vice president and general manager of
Payments, NCR Financial Services. “With Authentic, E-Global has the
flexibility and visibility it needs to deliver a best-in-class
experience to its merchants and the consumers they serve.”
Juan Pablo González, CEO from Stratus Technologies Mexico, said,
“Stratus has proven experience implementing Authentic for the Latin
American market with more than a dozen live switches. The company has an
unparalleled background providing critical solutions for the financial,
retail and telecommunications sectors. Today and for the past two
decades, Stratus has been a key solution provider and partner for
E-Global.”
About E-Global
E-Global is the largest payment processor in Mexico. It trades more than
7 million transactions daily, from acquiring banks to issuers. The
transactions include all credit and debit cards as well as electronic
transactions. E-Global experiences a growth in transaction volumes of 10
percent year on year. E-Global operates in a heavily regulated
environment serving acquirers in Mexico, Brazil and Central America.
About NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction
technologies, turning everyday interactions with businesses into
exceptional experiences. With its software, hardware, and portfolio of
services, NCR enables nearly 550 million transactions daily across
retail, financial, travel, hospitality, telecom and technology, and
small business. NCR solutions run the everyday transactions that make
your life easier.
NCR is headquartered in Duluth, Georgia with approximately 29,000
employees and does business in 180 countries. NCR is a trademark of NCR
Corporation in the United States and other countries.
Web sites: www.ncr.com,
www.alaric.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation
Source: NCR Corporation
Media Contact
NCR Corporation
Jeff Dudash, 770-212-5091
jeff.dudash@ncr.com
