Sales League Table 2020 | Banking Technology Winners

Results Announced!

IBS Intelligence launches BankTech Daily News

Subscribe today. Limited time offer.

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

India FinTech Report 2020

Insights into the historical and projected market size of key FinTech categories. Subscribe now

Baker Technology selects Push’s API management platform, Diffusion

UK-based real-time data streaming and messaging solutions, Push Technology has announced a partnership with UI software engineering firm, Baker Technology. The partnership will enable Baker to utilise Push’s Diffusion Real-Time API Management Platform in a bid to offer a single gateway for facilitating distribution and synchronisation of shared data models.

David Bull, Director at Baker Technology, said, “The Diffusion Real-Time API Management Platform is a big benefit for us because it provides a common gateway into our clients’ micro services via a single API. It manages fan-out, scaling, and high availability for the large global systems that we build. Diffusion reduces both complexity and build time for our development teams. Using Diffusion de-risks & simplifies our development. With Diffusion, we eliminate a high proportion of technical risk in a project.”

Diffusion aims to reduce the time taken by Baker’s development teams to connect disparate back-end data sources to their bespoke front-end applications. It reduces development and go-to-market timelines for new applications, by allowing developers to concentrate on business deliverables rather than low-level technical infrastructure.

Sean Bowen, CEO of Push Technology, said, “Working with partners like Baker Technology, we remove the challenges and complexity of real-time data management and distribution from the development equation. Our Diffusion Real-Time, API Management platform, provides secure, highly scalable, and reliable, real-time data delivery required by organisations today. This is crucial for financial services firms with on-premise systems and for those who want to reap the benefits of the cloud.”

According to the companies, the partnership will offer a single platform for connecting and distributing trading application data in real-time. It will also provide multiple browser-to-server protocols with transparent switching depending upon network availability. It is a real-time API management platform that combines pub/sub, request-response, and time series in a single unified SDK.

Recently, Push Technology announced that it would provide its API management cloud platform, Diffusion Cloud, free for all new and existing customers.

Related IBS Intelligence Research

Related Posts

Rapyd logo

Rapyd completes acquisition of Iceland’s Korta

UK-based Rapyd, has completed the acquisition of Korta, an Iceland-based payment card service provider. Rapyd helps merchants, gig-economy platforms, and technology providers create and launch applications without having to build payments infrastructure. Korta provides merchants with a range of in-store and digital payment acceptance solutions. The deal was originally announced in April 2020. Rapyd CEO […]

This post is only available to members.

Read More »
P20 logo

P20 analyses global Payee Verification approaches

P20 has published its interim report Payee Verification: Overview of Approaches used by Credit-Push Payment Systems. The report from P20’s Regulation Working Group which focuses on criminal transactions and fraud, examines the approaches being used to reduce authorised push payment (APP) fraud and compares the methods being used in the US, UK, and Australia. The […]

This post is only available to members.

Read More »

Signicat: 41% of Europeans shut off from financial services in lockdown

Digital identity specialist Signicat has found that 41 per cent of consumers across Europe have been unable to access new financial services as a result of lockdown restrictions and a lack of access to digital options. In a research report, the Norwegian identity provider found that while consumers have had to turn to online and […]

This post is only available to members.

Read More »

OpenPayd releases crypto banking and payments service

API-led Banking-as-a-Service provider, OpenPayd has released its banking and payments solution for digital currency businesses. The service is expected to provide cryptocurrency businesses with access to a range of banking and payment networks. According to OpenPayd, the platform will offer crypto businesses with access to crypto-friendly banking, simplified cryptocurrency purchase, fiat and digital currency exchange […]

This post is only available to members.

Read More »

Adyen expands acquiring capabilities to Malaysia

Adyen, an Amsterdam-based global payments platform, announced the expansion of its acquiring capabilities to include Malaysia. The company has launched its acquiring solution in Malaysia to help local businesses achieve higher authorization rates, better customer experience, and deeper data insights as the Malaysian market transitions to online payments. “Rolling out our acquiring solution in Malaysia demonstrates […]

This post is only available to members.

Read More »