News

Inetco Insight gains new transaction data access capabilities

September 27, 2017

Inetco Systems Ltd., a provider of real-time transaction monitoring and analytics solutions for financial institutions and payment processors, has introduced an expanded menu of transaction data access options for its Inetco Insight platform.

These new options include:

• Data forwarding — streams selected real-time transaction data in JSON format to third-party applications such as fraud management solutions.
• Open data access — stores rich transaction message details on a Hadoop data cluster where they can be easily accessed by software development teams or other third-party applications and systems such as on-demand analytics, reporting, or cash management platforms.

According to a press release, these options allow financial institutions to accelerate digital transformation strategies by optimizing the capture of rich transaction data and feeding it into channel management, analytics, fraud monitoring, IT performance, and cash management systems of choice.

Network-based deployment allows the capture of customer interactions across multiple retail banking channels and platforms without agents, extra traffic loads, or changes to the payments switch, the release said.

"At the core of any enterprise-wide data strategy is a well thought out plan around data accessibility," Inetco CEO Bijan Sanii said in the release. "We are excited to help data-inspired banks and payment processors take the digital transformation leap and make customer transaction intelligence easily accessible for a wide range of existing teams and systems, including channel management, analytics, IT performance, cash management, or fraud management platforms."