Product suite - TranzWare The TranzWare platform is made up of a set of integrated
products. The system has a modular architecture that enables it to develop tailor made solutions for customers, as required. Most of the products can be used separately, as well as together, which creates significant synergetic benefits. TranzWare provides all the components needed to drive retail banking and payments end-to-end with the product suite covering card, account and merchant management, card personalisation, payment processing, terminal driving, self- service channel management, fraud management, remote banking, mobile and electronic commerce. The platform has enabled clients to shorten time to market. Examples include the implementation of an internet banking for Moscow Industrial Bank in 1 month, and two months to implement an in-house processing centre for Capital Bank in Mongolia. It is built using C++ and Java in the back office and Java for
the front office. It can run on IBM AIX, Unix, Windows (the most common platform), and Linux with Oracle. At the heart of the TranzWare suite is TranzWare Online, a switching, routing and authorisation engine that can also be used for terminal network driving, and TranzWare CMS for card management. Both span acquiring and issuing. TranzWare Online provides flexibility and options for system expansion unrestricted by hardware, operating system, networks and host systems, financial products, types of transactions, devices and delivery channels. It offers advanced customisation capabilities, an extensive library of interfaces, near-linear scalability and several advanced modules allowing customers to build a unique processing system that meets all industry requirements and their own requirements. While TranzWare CMS is a scalable system that delivers a variety of automated back office functions for the management of payment card issuance and circulation, acquiring and merchant management, and personal and corporate account management. TranzWare Interchange is used for collecting, converting,
organising, storing, routing, clearing and settling information in any payment environment. The product contains a number of built-in interchange schemes ready for use but is also equipped with flexible user-friendly tools and mechanisms for creating and supporting payment systems of any complexity designed by customers themselves. TranzWare Card Factory is an advanced EMV-compliant
card personalisation and issuing product. It supports card personalisation in manual, batch and mass issuance modes for both EMV and mag-stripe cards. TranzWare Teller & Seller is a PC-based ATM and POS simulator product that enables cost-effective terminal host and ATM scenario testing. TranzWare also has a remote banking suite, TranzWare Internet Banking and TranzWare Mobile Banking, which has been recently updated to improve performance and user experience. Both have been completely modernised with updated interfaces for easy navigation. These were launched into production mode at the end of 2016 and are being used
by customers, including Kapital Bank (Azerbaijan). TranzWare e-Commerce allows advanced and reliable
internet transaction authenticity checks based on 3D Secure protocol. It is part of the Verified by Visa, Mastercard SecureCode and American Express SafeKey programmes. The product has two separate modules – TranzWare Access Control Server and TranzWare Payment Gateway designed for issuers and acquirers respectively. The fraud detection and prevention solution, TranzWare
Fraud Analyzer, has customer-defined business rules to ensure it can be customised according to specific types of fraud relevant to the user’s market, their needs and other preferences. It employs two methods of analysis - object activity analysis (cards, accounts, merchants, branch tellers) and transaction flow analysis (attributes, sequences, patterns). It also has an advanced system of alerts and can be set to automatically act in their response, to triggers a particular action, for example block a card, reduce card limit or start a case investigation. TranzWare Cash Planning is an ATM cash management solution that provides analytical tools to enable financial institutions and ATM deployers to significantly cut costs associated with the idle cash in ATMs, and therefore promotes effective ATM cash management.
TranzAxis development platform
In 2011, the supplier launched TranzAxis. TranzAxis is an open development payments platform with SOA architecture, introduced as a next generation platform that caters for future payments and market demands, created to cover all aspects of electronic payments processing, issuing and acquiring, on a single platform. The platform comes with a full set of application development tools, as well as a set of specialist components that are traditionally only available to the software vendor. Financial institutions have the choice (and tools) to either build their own solutions or utilise pre-built solutions and customise them to meet their requirements. The TranzAxis infrastructure enables financial institutions to: set up and customise base applications to meet their specific business requirements; integrate base applications with external systems; extend the application functionality; and develop derived or independent applications. This gives users reduced vendor lock-in, offering them the flexibility to enable users to innovate by themselves, without vendor involvement if they so choose, ensuring greater control over their product roadmap. TranzAxis offers near-linear scalability, and shortens time
to market. For example, using TranzAxis Neyva Bank in Russia was able to offer virtual prepaid Visa cards via its ATMs in just 15 man-days from concept to go live. One of the TranzAxis server architectural features is the native support of continuous application operation, including on-the-fly system updates, whereby the system is not stopped. The updates are automatically delivered to the servers and workstations and put into operation as soon as they are ready.
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