Ensuring Reliable Payment Processing Services
When providing payment processing services for banks and credit unions, you understand how integral it is to ensure service consistency. You also know that when (inevitably) there is a performance slowdown, the problem must be isolated and addressed quickly, before revenues and the end customer experience are affected.
Challenges of Scaling Payment Platforms
With a rapidly expanding customer base and acquisition of other payment processing solutions, JHA needed to manage growing transaction volumes, disparate switch platforms, and a wide array of service applications. Along with this growth came increased operational complexities that threatened to disrupt ATM and POS transaction performance. Being proactive, JHA set out to find a solution to manage this complexity.
Early in their search, JHA realized that relying on legacy transaction monitoring solutions would lead to high operational costs, as well as hurt customer relations as when transaction issues arose:
- Multiple internal teams (network engineering, IT operations, and applications support groups) would need to investigate their respective processes
- Customers had to be involved in gathering fragmented trace and application performance data
Addressing Service Monitoring and Intelligence
JHA realized the need to streamline its intelligence gathering activities, and to find a proactive monitoring approach that would:
- Ensure smooth service migration and delivery of continuous ATM and POS driving
- Improve first call resolution rates and problem resolution times
- Reduce the need for multiple internal and customer teams (and the cost of these teams) to investigate transaction issues
Implementing Real-Time Transaction Analytics
Following a successful proof of concept that resulted in an immediate return in improved problem isolation and troubleshooting, JHA chose a real-time transaction monitoring and analytics software from INETCO Systems as their solution.
Per Aaron Blevins, Senior Director Of Technology Services for JHA Payment Processing Solutions:
“INETCO Insight has become a powerful source of transactional data for JHA Payment Processing Solutions. Our customers expect us, as their service provider, to have readily accessible details about their transactions. INETCO Insight offers us expedited access to that data, which we can share with our valued customers promptly. This, in turn, leads to better customer service, better resource management, and overall business efficiency.”
With real-time transaction monitoring and analytics software, JHA has replaced standard tracing tools, and can now easily monitor all of their 11,300 customers’ respective transactions in real-time and on one screen. This software provides rich operational intelligence, grouping and displaying JHA transaction traffic by acquirers, issuing banks, card type, switch, ATM or POS terminal IDs, or customer locations. JHA can now track transaction volumes in real-time, and be alerted to when and where bottlenecks and failures are occurring so problems are resolved before customer experience is affected.
Leveraging real-time monitoring and transaction analytics software, Jack Henry is able to:
- Expand its customer base without an increased risk of service disruption
- Proactively identify transaction performance issues – before they affect customer experience
- Improve first call resolution rates
- Access transaction intelligence without requiring manual intervention
- Simplify the monitoring of its complex, multi-hop IT environment
Download the full case study to learn more about how Jack Henry & Associates has enhanced their customer service reliability with real-time monitoring and transaction analytics.
