Remove 2021 Remove TPS Remove Volume
article thumbnail

XDC-to-Fiat Off-ramp Now Live on XDC.Cash, Powered by Encryptus

Fintech Review

About Encryptus Founded in 2021, Encryptus revolutionized cryptocurrency transactions for high-volume players by ensuring compliance, liquidity, and efficient pay-ins and pay-outs. Learn more at xdc.cash.

article thumbnail

Orchestration to Fight the Crescendo of Scams and Fraud

FICO

In 2020 APP fraud accounted for £479 million in gross losses, but by mid-2021, its occurrence had risen by 71% ! We used to discuss the scalability of a system in terms of how many financial transactions it could handle per second (tps). Years ago, 300 tps was perfectly acceptable for certain-sized institutions.

Scams 52
article thumbnail

Making the Digital Transition With 4 Zeros for Financial Institutions

Fintech News

With Huawei’s architecture, PSBC has moved its legacy applications from a monolithic structure to cloud-native applications on a private cloud, delivering more than 5,000 microservices, reducing the rollout time of composable products from two weeks to T+1, and achieving a transaction volume of 67,000 transactions per second (TPS).

TPS 124