29 Aug FSS launched BLAZE for African Banking

Financial Software & Systems (FSS) have announced BLAZE as a platform that can process more than 5,000 transactions per second and handle the diverse needs of banking and financial institutions.

BLAZE is expected to offer significant efficiency gains in terms of speed and scalability, ensure high durability during peak workloads, improve fraud prevention, and enhance services to banks and financial institutions.

FSS Payment Gateway, powered by BLAZE, can handle more than 5,000 transactions per second (TPS) to ensure a higher number of successful transactions during peak hours. BLAZE enables banks to deliver higher TPS to align with the growing digital commerce adoption within the continent of Africa.

V Balasubramanian of FSS said, “BLAZE marks a significant milestone for FSS. It embodies our commitment to innovation and reflects our vision for the future of payments.

We have created a payments industry-focused platform, which will help banks achieve their digital transformation goals. BLAZE enables banks and financial institutions to deliver novel and innovative payment experiences to their customers. With its scalability, security, and adaptability, this platform is set to pave the way for the next generation of payment technologies.”

BLAZE’s open architecture will facilitate smooth integration with existing systems, fostering interoperability among various payment processes. What also sets BLAZE apart is its real-time data analytics capabilities empowering businesses to enhance payment processing efficiency and swiftly resolve any payment-related issues.

BLAZE is currently available in select markets across Africa.