Tandemworld eNewsletter

How are Russian consumers dealing with the sanctions imposed by Visa & MasterCard?

You might think that the recent sanctions imposed on Russia by Visa & Mastercard and many other western companies is having a devastating effect on the Russian economy. But nothing could be further from the truth.

Since 2016, Visa and MasterCard have partnered with local banks within Russia, with visa and Mastercard both working with the banks to issue cards there. Sberbank is the largest card issuer with some 61% of the entire Russian market. Other banks such as VTB, Alfabank, Tinkoff make up the rest.

The Central Bank of Russia (CBR) clarified that all Visa and MasterCard payment cards issued by Russian banks will continue operating in Russia as usual until their expiry date. Transactions on such cards are processed within the National System of Payment Cards inside Russia, and sanctions will not affect them. Funds on clients' accounts linked to such cards are fully preserved and accessible, the CBR said. But what happens when these cards expire you may ask? There appears to be an easy solution for this. Card expiry dates are extended at the bank so that no matter what the cards says on the front, the card actually has a later card date. Card chips are updated with scripts as they are used at a bank or payment terminal. Many more have followed the banks’ advice to use mobile wallets for which no plastic card is required. Better for the planet, they claim.

Given that Russian cards continue to be processed within their own country, there remains no dependence on the outside world, and especially not on Visa or MasterCard. Who actually loses in this situation?

China and Russian card alliance organisations are actively discussing how China UnionPay and Russian MIR card schemes can be co-branded onto a single card. UnionPay itself enjoys broad acceptance globally these days, so this should enable Russians to continue to use their cards globally in the one term.

As a recent holidaymaker to a foreign climate I can attest to the fact that Russians continue to travel abroad, the same as they ever did. To quote the famous song “Same as it ever was”.

Meanwhile OmniPayments continues to support card payment processors across the globe. The core competences of a payment switch are still important and valid whether on-premise or in the cloud based “OmniCloudX” solution. Consumers want choice of payment options and OmniPayments is delivering it through its cloud-based solution. Merchants who want to expand their payment choices can now deploy flexibly with OmniPayments. Banks that need to expand the range of offerings at ATMs can do easily with OmniPayments.

OmniPayments offers the dynamism of a true real time card processing system, one that can both create a virtual card record entry in real time, capture enough of the customer’s details and associate that purchase with that same card record, and be ready to generate communication with the clients to remind of the due payment and options for payment.

OmniPayments includes a wide choice of payments options to consumers while enabling Card Switching, Card Authorisation, Card Issuing, Transaction aggregation Loyalty, and Fraud Management Portfolio. We also help organisations to modernise their own existing switches.

For more information on how we can help you integrate OmniPayments into your internet payment gateway, please see our illuminating YouTube videos (https://www.youtube.com/watch?v=jHioqS1ZXOA), follow us on Twitter “@omnipayments” or visit www.OmniPayments.com for further information.

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Big Sig 2022 is Back

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Gravic Publishes Articles on Leveraging Heterogeneous Data Transformation and Distribution & HPE Shadowbase Zero Downtime Migration

Gravic recently published, Leverage Heterogeneous Data Transformation and Distribution to Create New Business Opportunities in the March/April issue of The Connection. This article highlights some interesting developments in how data replication engines are not only useful for business continuity architectures, but also in providing data integration for value-add solutions. The article discusses the industry’s shift and focus on the importance of data, the HPE Shadowbase Essentials Bundle (which can expedite and simplify the data transformation process), and several different case studies demonstrating how data replication is used in a heterogeneous environment.

In the same issue, Gravic also published, HPE Shadowbase Zero Downtime Migration Software Eliminates Planned Downtime and Business Risk! Enterprise IT staff are often tasked with updating their hardware and software, upgrading their application and database, installing new operating system versions, and performing system and datacenter migrations. All mission-critical teams must perform these operations without taking the application services offline. How can they accomplish this? With HPE Shadowbase Zero Downtime Migration (ZDM). HPE Shadowbase ZDM software provides continuous availability, eliminates planned downtime (no downtime for the application during migration), and removes business risk for upgrades to applications, databases, systems, and for site migrations.

Gravic Presenting at Upcoming Virtual eGTUG April Event

We hope that you will attend eGTUG – European NonStop HotSpot 2022 taking place via Zoom in English on April 26/27. Please join us after our presentation, HPE Shadowbase Product News, in our breakout room, where we will be available for individual questions and answers.

For more details on the event, please find the agenda at: https://www.gtug.de/HotSpot2022/Agenda.pdf.

For registration please use: https://www.gtug.de/HotSpot2022/Registration.html.

Hewlett Packard Enterprise globally sells and supports Shadowbase solutions under the name HPE Shadowbase. For more information, please contact your local HPE Shadowbase representative or visit our website. For additional information, please view our Shadowbase solution videos: https://vimeo.com/shadowbasesoftware.

Specifications subject to change without notice. Trademarks mentioned are the property of their respective owners. Copyright 2022.

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XYPRO presents Zero-Trust Security, Enterprise Integration at Global Venues

On the Road Again……………

It’s going to be a busy Spring and Summer! XYPRO has been invited to several events where we’ll be presenting on Zero-Trust Security and Enterprise Integration.

Integrating HPE NonStop with Enterprise Security Solutions

HPE NonStop Servers and Applications can be a challenge to integrate with enterprise processes. Without enterprise integration, User, Identity and Access Management rely on manual processes.

XYGATE security, compliance, and risk management solutions modernize NonStop applications and integrate your HPE NonStop servers with the latest enterprise solutions like Sailpoint IdentityIQ, CyberArk, ServiceNow, and others. XYGATE integration means visibility and governance of your NonStop processes – saving time and money while greatly reducing risk. It has never been so easy to be a seamless part of the enterprise!

Zero-Trust Security with HPE and XYPRO: Reduce the Cost of Security and Compliance by 80%

The probability that an organization will experience a breach in the next 24 months is high and the current time to identify and contain a breach is still 280 days. XYPRO security solutions reduce the mean time to detect, and the resources required to respond to potential breaches by up to 80%, dramatically reducing the impact of a breach on your enterprise.

HPE and XYPRO have expanded our decades-long partnership and XYPRO’s entire suite of mission-critical security and integration solutions is available through HPE. This unique partnership removes complexity and reduces cost by delivering fully integrated, ZERO Trust solutions to secure and manage the HPE NonStop technology stack.

HPE and XYPRO solutions integrate into your company’s existing security infrastructure, for a zero-trust security model. Contact your HPE or XYPRO representative for a free rapid security assessment of your systems.

Join XYPRO at these upcoming events!

eGTUG – European HPE NonStop HotSpot 2022 - Virtual - April 26-27

HPE Business Critical Dialogue 2022 - Mahabalipuram, India - April 28

MATUG 2022 Meeting – Reston, Virginia - May 19

BITUG Big Sig - London - London, UK - June 8-9

Please visit our website for further event details and registration at https://www.xypro.com/events

Can’t attend? Visit our webinars page after the event to watch it on-demand.

TIC SOFTWARE: The JSON tool for transforming NonStop Data

There is a growing need for NonStop applications to interoperate with other platforms. JSON is the ubiquitous, defacto format for sending data between web servers and browsers, and mobile applications.

Its simple design and flexibility make it easy to read and understand, and easy to be manipulated and adapted to any software platform.

Attend this webinar to learn how JSON Thunder enables NonStop applications to easily transform data to and from JSON format to facilitate interoperability.

When: Tuesday, May 17th, 2022 | Time: 2:00 pm EST | Speakers: Phil Ly and John Russell

Follow us on LinkedIn | Twitter | TIC Blogs | http://www.ticsoftware.com

HPE NonStop Simplifying Access to Legacy Payments Applications

Many HPE NonStop users have extremely reliable, well-performing legacy payment applications, such as Connex or BASE24Ⓡ. While those applications do their core functions well, they can be difficult to access, or users may struggle to have them integrate with other modern back-end applications. REST services can help here too.

Let's look at a BASE24 sanario, the BASE24 system administrator wants to make a transaction available as a REST service, making it more easily accessible by internal or external consumers. Typical consumers include internet banking applications and business partners wanting to access those transactions. LightWave Server™ presents the transaction as a standard JSON REST service, allowing it to be consumed anywhere, by any platform or application that supports REST. In typical NuWave customer deployments, we have seen this type of use case dramatically decrease the amount of time required to develop support for a new transaction on the client side–often a reduction from weeks to hours is possible. We’ve also seen significant savings over time when customers move to LightWave solutions from Web services solutions provided by the payment vendor.

Learn how you can leverage REST services enhance your payment applications

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