Case Study: Large Bank achieves rapid rollout of digital payments and PCI compliance with Rogue Wave Software (Akana Platform)

Large Bank building a digital payments platform

Large Bank undertook a 2014 assessment to anticipate market trends and modernize its payments infrastructure, facing challenges such as opening new transaction channels (Apple Pay, Samsung Pay, Starbucks), preparing for blockchain and real‑time ACH requirements, and achieving PCI tokenization while rationalizing a sprawling portfolio of applications. To meet these goals the bank chose Rogue Wave Software and its on‑premises API management and lifecycle platform to standardize API design, governance, and secure service delivery.

Rogue Wave Software implemented an on‑premises API platform providing lifecycle management, a secure gateway (OAuth, throttling, OWASP protections), IBM DataPower integration, mediation/orchestration, analytics, and a developer portal. As a result, Large Bank established a PCI‑compliant tokenization service managed by the platform, eliminated fifty applications from PCI scope, gained full visibility and analytics across APIs, automated channel onboarding, and enabled Apple Pay in hours instead of months — delivering lower operational risk and faster time‑to‑market.