Boulder, Colorado (PRWEB) August 23, 2013
Today, Flux released a new white paper: Designing Payment Processing Applications with Flux
This new white paper details the design of a highly-scalable payment processing application that uses the Flux file orchestration engine. This application is Flux eBAM for Banks, Flux's solution for electronic bank account management.
Payment processing workflows involve many straightforward paths of execution. Files are received, parsed, validated, reviewed, corrected, and balanced. Files are generally first-class and very visible objects within payment processing systems.
The white paper dives into the architectural details that allow software developers to build scalable payment processing systems that execute large volumes of files through payment workflows.
"The true power of file orchestration comes into play when developing payment processing systems. For the past several years, many mission-critical payment processing systems are in production using the Flux file orchestration engine, processing up to a trillion dollars a month in payments. Flux's capabilities are impressive," stated Ron Schultz, Flux COO.
Download the white paper Designing Payment Processing Applications with Flux at:
flux.ly/resources/payment-processing (Reading time only 5 minutes)
Built on the 13-year foundation provided by the Flux software platform, Flux provides Electronic Bank Account Management (eBAM) solutions for banks. Electronic bank account management replaces slow paper-based processes with electronic efficiencies, reducing human errors and providing greater transparency into bank and corporate operations.
Banks that offer an eBAM solution possess a critical market advantage in their efforts to expand and retain their corporate customer base.
The Flux software platform orchestrates file transfers and batch processing workflows for banking and finance. First released in 2000, Flux has grown into a financial platform that the largest US, UK, and Canadian banks and financial services organizations rely on daily for their mission critical financial systems.
Privately held, Flux's US offices are located in Nevada, Colorado, Tennessee, Montana, and Hawaii. Buenos Aires, Argentina completes the locations with all offices providing effective engineering, development, professional services, and technical support to Flux’s global customer base.
TO LEARN MORE ABOUT FLUX
Visit the Flux website at flux.ly/.