Our Technology, What s Next? Marc Massar Director of Solutions Engineering, Global ecom

Transcription

1 Our Technology, What s Next? Marc Massar Director of Solutions Engineering, Global ecom

2 Technology Updates Driving 2017 and Technology Foundation 02 Using Data to Optimise Outcomes 03 Intelligent Account Validation and 3DS Gateway Foundations

3 We are building a new technology stack Upgraded Gateway Services + Enterprise Data + Platform (EDP) New acquiring Platform (NAP) Take any payment from any channel and route based on any criteria Merchants select tolerance for acceptance vs. cost vs. risk Integrate Best in class services into the payment process One of the industry s first and most secure big data environments Learns and computes data 100X faster, e.g. 550M PANs/sec Already PCI-compliant 68 clusters, 1064 CPUs, 3PB storage Built for payments, not just cards Keeps all data in real-time Can trigger any action off any event Live in production, and beginning to migrate merchants

4 providing modern access and intelligent routing to our services Modern API/SDKs for POS, Mobile, Web Apps Intelligent Payment Orchestration Send us a payment in any way: Terminal, mobile, browser, app, embedded device We route the payment in the best way, using best path to maximise acceptance, lower cost or reduce risk Payment pages Shopper Risk and Identity Terminal Management Inventory Management Data is the heart of our platform Foreign Exchange Data Hub Account Updater Payment Scheduling Global Payments Products Customers choose their value-add products Dynamic 3D Secure Tokenisation Acquirer Connections NAP Payments Engine UK/Global Auths US Auths Asia Pac Auths File Gateway Clearing Engine Billing Engine Servicing Events Single payments engine (NAP) enables single view, single invoice, consistent service and experience

5

6 Validating Cardholders Dynamic 3D Secure Recovering from Failures First Try Approval Risk Management Smart recurring payments setup for subscription or instalment products Balance shopper conversion, issuer approval and risk to decide whether to do 3DS or not Intelligent retry of failed scheduled or instant payments Maximize the chance of issuer approval, first time Accurately assess risks to reduce chargebacks while accepting good transactions Intelligent Account Validation Dynamic 3DS Intelligent Retry Dynamic Auths Risk Scores Decision Services

7 Our first service will be Intelligent Account Verification (IAV) which will be integrated into the gateway payment flow Consumer Merchant Gateway Decision Service Acquirer Issuer Sign-up request Verify account $0 or nominal $0 decision Authorize request Success! Authorized Authorized Issuer response

8 We continue to apply machine learning to our models to improve outcomes Pure Machine Learning Hybrid Model Baseline

9 fault tolerant and secure integrates our services embeds intelligence elastically scalable high performance cloud enabled safe to rapid change

10 Drivers for the technology stack decision roadmap Driver Implication Technologies Rapid safe change + Reliable Service Quality + Scalable Capacity and cost Rigorous Specification and Test Assets Every durable asset is managed and change is audited Application Software is bundled as containers Automation through Software Robots Engineers build their own development and operations team Infrastructure specification as code Fraud Tolerant Software on redundant hardware farms Integrated Runtime, Operations and Development Platforms Renewal and Continuous Testing of production Environments Horizontally scalable software, designed for concurrency Opensource with scalable support license subscription Cloud Services to support elastic scaling, scheduled environment destruction and provisioning Hybrid Worldpay+Cloud to support arbitrage

11 This will enable a gear-shift for merchants. Some illustrative benefits: Reliability & security: Integration: Intelligent routing: Elastic scale: Advanced customisation: improved failover, stability, security set free by simplified, faster development environments plug and play or single-click to all Worldpay products and services fast, efficient, fault-tolerant route to/from any APM Significantly upgraded capacity High Volume Events, without weeks of preparation guaranteed products choose risk or cost; WP underwrites outcome Data optimisation: a decision service can potentially address ~60% of declined transactions Predictive payments: forecast and prevent customer issues Predictive payment AI service

12 Thank you! Any questions?