Payments
Customers working with AWS transform the payments industry by making real-time business decisions, innovating and adapting to client expectations, processing global digital payments, increasing agility, and scaling to meet unpredictable demands. The AWS core infrastructure is designed to meet the most stringent security requirements in the world, including Payment Card Industry (PCI) Data Security Standard (DSS) compliance. By working with AWS, payment companies can build with confidence on the most secure and resilient cloud.
Case studies
BBVA
Leveraged AWS CloudHSM to enable fully compliant NFC Payments
Transferwise
Launched a new borderless debit card product that leverages the scalability, agility, and availability of AWS
WEX Inc.
Increased scale and agility on AWS by shifting payments to the cloud
Machine learning for Financial Services
Transform financial services with data-driven insights
Use cases
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Fraud Protection
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Extending Credit
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Real-time Decisioning
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Data Lakes and Analytics
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Digital User Engagement
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Fraud Protection
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Fraud Protection
Payment fraud is a growing problem for the industry. By leveraging AWS machine learning and analytics services, the industry can provide a frictionless customer experience while also preventing illegitimate transactions, protecting consumers as well as their own bottom line.
Related products
Related resources
NuData Security
NuData Security discusses using ML to detect and prevent fraud without compromising user experience
NICE Actimize
NICE Actimize leverages advanced analytics and automation to spot existing and emerging patterns of fraud earlier
AWS Partner Network
AWS Partner Network solutions help you manage risk, optimize operations, and extract insights from data
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Extending Credit
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Extending Credit
With billions of people globally without a credit score and increasing demand for frictionless lending, payments service providers need better, faster ways to extend credit to those with and without a traditional credit history. AWS data analytics and machine learning services enable companies to gather, store, and analyze the insights they need to make rapid credit decisions, opening the door to new revenue opportunities.
Related products
Related resources
CreditVidya
CreditVidya extends the loan market to millions of financially excluded Indians
Infosys
STG announces partnership with Infosys Finacle to bring powerful cloud native banking platform to US community banks
FICO
The cure for digital disruption: breaking silos through centralized decisioning
AWS Partner Network
AWS Partner Network solutions help financial institutions collect, store, process, analyze and share data
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Real-time Decisioning
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Real-time Decisioning
Making sense of data in real time is critical for payment companies to minimize risk and improve the customer experience. By leveraging AWS data ingestion and streaming services, companies can provide frictionless transactions for customers and merchants, improve and automate customer service interactions, automate personalized offers, and mitigate risk with machine learning tools, all while cutting costs and gaining a 360° view of your clients or your business.
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Aella Credit
Aella Credit uses AWS to improve identity verification and grow its business
Affirm
Affirm’s infrastructure event readiness advice for e-commerce startups
Behalf
Behalf provides technology and intelligence for business lending with on-demand cash flow solutions
AWS Partner Network
AWS Partner Network solutions help build a business case to modernize your business, leveraging proven approaches to cloud strategy
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Data Lakes and Analytics
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Data Lakes and Analytics
Building a data lake on AWS allows payment companies to store and analyze large volumes of customer data, capture usage and behavioral data from multiple devices, and quickly deploy and scale new products. Payment companies can integrate multiple data sources into a consistent data set that is readily available to be categorized and processed. AWS data lakes integrate with Amazon analytics and machine learning services making it easy to identify operational efficiencies, ensure compliance, and gain deeper customer insights to drive innovation and unlock the true value of their data.
Related products
Related resources
Klarna
Scaled business through increased redundancy and fault tolerance provided by AWS global infrastructure
Databricks
Better understand how a modern scalable analytics platform can drive monumental change from Databricks
AWS Partner Network
AWS Partner Network solutions help financial institutions collect, store, process, analyze and share data
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Digital User Engagement
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Digital User Engagement
Customers today expect a more personal experience from their financial institutions and customer experience has become a core differentiator for payments providers. AWS offers services and tools that help payment companies build deeper customer relationships by capturing customer interaction data, building innovative customer-facing channels, and delivering the level of personalization customers expect.
• Predictive User Engagement: Deliver next-best-actions, financial product recommendations, and personalized offers using machine learning, stored profiles, and real-time click streams.
• Predictive Segmentation for Churn: Target customers based on their engagement patterns and deliver personalized offers and product recommendations to reduce churn.
Related products
Related resources
Deloitte Digital
Deliver new customer experiences through AI-enabled Chatbots
HSBC
HSBC on connecting to customers in a more personalized way
AWS Partner Network
AWS Partner Network solutions help build a business case to modernize your business, leveraging proven approaches to cloud strategy
Benefits
Modernize disparate legacy systems for improved agility and scale
AWS provides the breadth of services, deepest functionality, and automation that enables payment companies to securely and cost effectively modernize their core legacy systems, deploying with hyper-scale and global availability.
Meet rapidly changing customer behaviors and expectations
AWS, with its comprehensive artificial intelligence and machine learning (AI/ML) services, allows developers and marketers of all skill levels to create hyper-personalized experiences, offers, and messages to enhance customer engagements.
Drive business growth by harnessing data and innovation
On AWS, payment companies can spin up new businesses and build applications using the largest suite of data migration, processing, warehousing, analytics, visualization, business intelligence, machine learning, and storage tools.
Build with confidence on the most secure, compliant, resilient cloud
AWS core infrastructure meets the most stringent security requirements, including PCI DSS compliance and provides payment companies with 24/7 monitoring to ensure the confidentiality, integrity, and availability of their customer data.
Compliance and Security
AWS understands the unique security, regulatory, and compliance obligations financial services institutions face on a global scale. From infrastructure to automation, financial services institutions have all the tools and resources they need to create a compliant and secure environment on AWS.
Innovation
Meaningful innovation thrives on AWS. See how companies leverage AWS to build new experiences, get more value from data, and modernize IT and processes.