Case Study: Largest Global Bank achieves instant real-time payments and fraud prevention with GigaSpaces

Largest Global Bank - Customer Case Study

The Largest Global Bank, one of the world’s top 10 banks by assets, needed an instant payment service that could process transactions in real time while meeting strict regulatory requirements, preventing fraud, and scaling to handle growing volumes of up to 15k payment receipts per second. The bank turned to GigaSpaces and its in-memory real-time analytics platform to support this mission-critical need.

GigaSpaces helped the Largest Global Bank deploy an instant payments solution with low-latency processing, end-to-end validation, and real-time fraud analysis. The system now executes each payment transaction in about 500 milliseconds, completes validation in seconds, and provides no-downtime high availability and fast recovery, with the solution designed and deployed in just a few months.