Fidelity’s payment systems strategy takes shape
Posted by Mike on Tuesday, August 31, 2010
Fidelity Information Systems (FIS) has put in place a strategy for integrating its myriad payment systems. This is centred on a ‘wrapper’ approach, using the newest of its offerings, its Nomad Software-derived Cortex debit and prepaid card system. Cortex is intended to provide a web services layer and standard look and feel. Functionality will be moved into this layer so that the back-end systems will increasingly become pure transaction engines.
FIS covers both the acquiring and switching sides of the sector. There is some overlap between the applications but the positioning is reasonably clear. On the switch side, the eFunds-derived Connex is one of FIS’s long-established workhorses. It runs on Hewlett-Packard’s Tandem-derived NonStop or IBM zOS platforms, with flat files or DB2, and is written in Cobol and Assembler at the back-end.
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