Beyond PSD2 for a Better Open Banking Expereince

PSD2 is acting as a catalyst in the digital transformation happening in the Banking industry. While meeting the compliance requirements of PSD2, financial institutes are excited to make use of the new business models and opportunities opened by this laid foundation. More the customers and partners we can reach, more the business activities and more the revenue. Making the banking functions more accessible and reactive will be a key enabler to provide a seamless experience to these parties, including internal banking staff whom directly affects the business efficiency.
IAM plays a critical role in improving business accessibility without compromising the system boundaries. PSD2 mandates strong customer authentication(SCA), setting the bar high for user authenticity, while keeping few exemptions, not to bother payment services user(PSU) with SCA for every little transactions. While adhering to this policy will make an institute PSD2 complaint, if they can react fast to the fraud rates…

Latest ESB Performance Round

The results of latest round of ESB performance study is out now, which has been conducted by WSO2, comparing performance of 4 open source ESBs.  This is an open and repeatable performance study, where the used EC2 AMI is published as a public AMI that contains all the configured ESBs and execution logs along with system configurations.

Following graph summarizes the results where we can clearly see WSO2 ESB leading in performance, outperforming other ESBs.

Understanding ESB Performance

We can refer this blogpost(Understanding ESB Performnce) to understand more on the bench-marking ESBs and what to read from the results.

Is It Only Performance?

This graph is just about performance which is a critical aspect of an ESB. But there are more aspects to be considered on ESBs. If we want to know what added values are there in WSO2 ESB which has been evolving over 7 years, this blogpost(WSO2 ESB: Why Does It Matter) will be of use.

Comments

  1. It is really amazing! So many new things that I even didn't hear about them. Difficult to follow for a not professional, a private individual. The world goes on progressing by innovating and inventing.

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