IN A NUTSHELL
Seamless integration of 200+ APIs
Compliance with PSD2 regulation across 16 EU states
Enhanced customer rating from 2/10 to 9/10
About Client
The client is a multinational payment card services corporation, headquartered in New York, offering a range of payment transaction processing and other payment-related services throughout the world.
33,000+
EMPLOYEESUSA
LOCATIONFinancial Services
INDUSTRYWhat Was the Challenge
The client was struggling with the EU’s tightening regulations on banks and needed to innovate its payment systems via Open Banking technology. To do this, the client needed over 200 APIs to ensure seamless EU integration. The project also involved adhering to the PSD2 EU directives, which emphasize customer consent, data security, and secure authentication.
How We Solved the Problem
Ciklum developed a Payment Gateway, integrating over 200 APIs to ensure seamless connectivity across multiple countries. The initiatives also included compliance assurance and the integration of disparate elements into a unified open banking platform.
Provided autonomous squads to deliver the payment gateway roadmap and ensure a 99.8% service uptime.
Successfully developed over 200 APIs for integration across 16 EU countries, enhancing cross-border connectivity and operational efficiency.
Ciklum rapidly expanded the client’s development team from 15 to nearly 60 members across Poland and Spain, providing scalable project teams focused on AI-supported development.
To ensure complete compliance, Ciklum focused on customer consent, security of customer information, and secure customer authentication.
Focused on ESG elements in all proposals, with specific targets and roadmaps developed for sustainability.
Deployed AWS ECS with Fargate for autoscaling capabilities to dynamically adjust the number of running tasks or services based on predefined criteria.
Integrated acquisitions into a unified open banking platform.
The Results
Seamless integration of 200+ APIs
Compliance with PSD2 regulation across 16 EU states
Enhanced customer rating from 2/10 to 9/10
Ensured a 99.8% service uptime
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