Case Study: Macquarie Bank launches real-time payments in weeks with MongoDB Atlas

Macquarie Bank launches real-time payments in weeks with MongoDB, powering 3 million transactions

Macquarie Bank, a digital pioneer in Australia's financial services industry, faced the challenge of building a real-time payments platform for the national New Payments Platform (NPP). The project required a cloud-first, agile, and always-on system with zero downtime for upgrades, robust security, and the ability to handle real-time transactions. To meet these demands, Macquarie turned to MongoDB and its product MongoDB Atlas.

Using MongoDB Atlas, Macquarie implemented a flexible document data model that complemented its agile development approach, allowing for rapid schema evolution and continuous optimization. The fully managed service provided the freedom to scale, deploy across multiple clouds without vendor lock-in, and offered enterprise-grade security. The solution was a resounding success; the platform launched seamlessly during the COVID-19 pandemic and has since processed over 3 million transactions without any issues, enabling multiple daily releases during business hours with zero downtime.

Macquarie Bank