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Success story · Payment Technology

Real-time bank verification at event scale

Bank verification moved from ten transactions a minute to four thousand, with launch reduced from six months to three weeks.

A payment card held to a card terminal

The
challenge

Paramount Commerce wanted real-time bank verification to create trustworthy transactions for iGaming

Elastic bandwidth requirement

Catering to iGaming and live betting clients, it was important to increase bandwidth and process transactions elastically.

Banks without partner APIs

Not all banks expose APIs to partners to collect data, and it was difficult to scale due to the slow downstream system.

Massive event transaction volume

Large events like Super Bowl and Black Friday sales put massive demands on the volume of transactions.

Solution
design

Establishing a reliable real-time bank verification process in iGaming

Recommend MuleSoft as the right fit

Integrate Plaid, Finicity and databases

Launch with PlektonLabs tools and templates

Recommend MuleSoft as the right fit

PlektonLabs' team analyzed the system and then recommended MuleSoft as the right fit for integration and API management, to support the real-time bank verification solution.

Integrate Plaid, Finicity and databases

PlektonLabs integrated Plaid, Finicity, transaction databases and an error handling database, with MuleSoft keeping the orchestration logic simple, maintainable and manageable.

Launch with PlektonLabs tools and templates

PlektonLabs tools, templates and frameworks were used to reduce development time and launch the product quickly. Development time was reduced from 6 months to 3 weeks.

Business
benefits

High volume handled with a development time reduced from 6 months to 3 weeks

1.2+ Million
Transactions

From 10 to 4,000
per Minute

Development Time
Cut to 3 Weeks

Maintainable
Orchestration

Results
delivered

The solution led the client to tackle all the large events and win multiple awards and recognitions

Manage transaction tsunami

1.2+ million transactions ($87M) verified under high volume pressure.

Real-time bank verification

Handles 4000 transactions per minute, up from 10 per minute.

Award-winning solution

Multiple awards, including best payment processing tool in 2022.

Capabilities
used

The capabilities and delivery expertise that supported the work

Solutions

API-led Market and Ecosystem Activation Composable iPaaS Platform Evaluation and Adoption Data Quality Maintenance and Cleanup Data-silo Elimination Procure-to-Pay Automation Reusable Integration Operating Model / Playbook

Services

End-to-end Integration Delivery Enterprise Integration and API Advisory Launch and Learn Outsourcing Integration model

Explore the Full Story Behind the Result

PlektonLabs

Take an inside look at the real-world strategy, technical breakthroughs, and unbroken execution loop that turned a high-stakes challenge into a major victory.

Talk to the team