NEC PAYMENTS MIGRATES ITS DIGITAL BANKING SOLUTIONS TO AMAZON WEB SERVICES TO ENABLE FASTER INNOVATION, SAVE COSTS, AND IMPROVE PRODUCTIVITY
NEC Payments B.S.C. (NECP), a regional leader in Banking-as-a-Service and digital banking technology solutions, has announced the successful completion of its migration to Amazon Web Services (AWS). NEC Payments migrated its entire production infrastructure, digital banking, and payment processing systems to the world’s leading cloud, to improve performance, availability, resiliency, and security.
This migration will also enable NEC Payments to innovate at a faster pace, leveraging the most advanced cloud technologies to create better digital banking experiences. Other benefits from the migration include substantial IT costs savings, as well as improvements in productivity, business agility, and operational excellence.
Andrew Sims, CEO, NEC Payments said: “Migrating NEC Payments’ Banking-as-a-Service and digital banking solutions to AWS achieves a critical milestone in NEC Payments’ technology roadmap and will position the company to execute its ambitious growth strategies and to support continued international expansion. The scalability, agility and high availability that AWS brings will enable NEC Payments and our customers and partners to rapidly develop, test and deploy innovative and secure digital financial services products in the shortest timeframe.”
Mohsen Badrani, Head of Infrastructure, NEC Payments said: “NEC Payments cloud environment was designed, configured and implemented internally by NEC Payments’ highly-skilled infrastructure team aligning with PCI-DSS v 3.2.1 guidelines. The move forms an important part of NEC Payments’ strategic approach to adopt the latest technologies and solutions that facilitate the highest levels of security, availability and reliability.”
Vinod Krishnan, Head of Middle East and North Africa, AWS, said, “NEC Payments is a regional innovator in payments technology, and the migration of its infrastructure to AWS will enable it to accelerate its innovation at a faster pace, as well as support its ambitious growth and expansion plans. We look forward to continuing to work with NEC Payments as they transform the digital banking industry with new and advanced payments solutions.”
About NEC Payments
NEC Payments B.S.C(c) is a digital banking and payment technology company based in the Kingdom of Bahrain and licensed and regulated by the Central Bank of Bahrain as an Ancillary Services Provider: Card Processor and Payment Services Provider. The company provides innovative Banking-as-a-Service and digital financial services technology solutions to power high-performance, flexible and secure payment processing, compliance, and financial control systems that provide flexibility, scalability, redundancy, and drive rapid growth. The company is a principal member of Mastercard and Visa and is compliant with multiple security and business process standards including PCI-DSS L1 v3.2.1, ISO27001 and ISO9001. It recently received the accolade of “Best Digital Banking Technology Innovator, Middle East 2021” from Capital Finance International. For further information please visit http://www.necpayments.com.