Need for Speed: Processing Instant Payments on IBM Z

Need for Speed: Processing Instant Payments on IBM Z

Released Tuesday, 5th March 2024
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Need for Speed: Processing Instant Payments on IBM Z

Need for Speed: Processing Instant Payments on IBM Z

Need for Speed: Processing Instant Payments on IBM Z

Need for Speed: Processing Instant Payments on IBM Z

Tuesday, 5th March 2024
Good episode? Give it some love!
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“Time is ticking once you receive an instant payment,” says Thorsten Völkel, CEO of PPI AG. “You only have ten seconds for the round trip, sending the instant payment to the receiving bank and getting back a notification, and then sending back a notification to your customer.” Speed is about to become very important in the European Union, where instant payments will become mandatory this year.  The IBM Z platform is uniquely suited for rapidly processing such transaction volumes.  PPI AG is a market leader in payment solutions; their instant-payments engine is helping institutions who depend upon IBM Z to comply with the new EU regulations.  Listen for a deep dive into instant payments on IBM Z, from market and regulatory requirements to technical solutions -- including design, infrastructure, cryptography, and AI.

Resources
To learn more about PPI AG, visit them on the web.  

Visit the ISV Ecosystem User Group on the IBM Z and LinuxONE Community for more updates on how ISVs and partners are innovating the IBM Z platform: blogs, events, videos, discussions, and more.  Join here.

Subscribe to z/Action! Each month we meet some of the world's most innovative companies as they share how they're expanding horizons and driving success with IBM Z.

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