Here's how: They operate their own switch with an event-based architecture, made possible through the โfloatsโ they maintain with every bank (sometimes they borrow). Another key factor is that they own their technology, unlike most banks that outsource theirs.
@iam_Bonex@ChuksEricE Additionally, They operate their own switch with an event-based architecture, made possible through the โfloatsโ they maintain with every bank. Another key factor is that they own their technology, unlike most banks that outsource theirs.
@kobikwelu@ChuksEricE Thatโs not the full picture. They operate their own switch with an event-based architecture, made possible through the โfloatsโ they maintain with every bank. Another key factor is that they own their technology, unlike most banks that outsource theirs.
Which security feature is MOST important to you in a banking app?
A) Biometric login
B) Transaction alerts
C) Encryption
D) Fraud monitoring.
#PaymentSafety#Nigeria#flashpay@flashpayhq
@caesar_on_x@flashpayhq Absolutely! Especially as merchants and PSPs do not take proper care of sensitive information (encryption) of users leading to huge loss once their system is compromised. Don't get me started on POS payments with card details theft.
Did you know? Mobile fraud in Nigeria is on the rise. ๐จ
@flashpayhq is built with bank-grade security to keep your money safe. ๐
In 2024, banks lost N42.6 billion in just one quarter.
๐ Just published a new article on automating Google Cloud infrastructure using Terraform! Learn how to set up service accounts, Workload Identity Pools, IAM roles, and Artifact Registry for seamless CI/CD with GitHub Actions. ๐๐ง
https://t.co/WjvMDtonbo via @LinkedIn