Creation of a Secure and Scalable ACH and RPPS Payment FinTech Platform
Challenge:
A leading U.S.-based FinTech company required a highly secure, scalable payment architecture to power ACH (Automated Clearing House) and RPPS (Retail Payment Processing Service) transactions.
The system needed to:
- Ensure strict financial compliance and data security.
- Process high volumes of money transfers and bill payments efficiently.
- Deliver low-latency, real-time transaction experiences.
- Maintain resilience and scalability under heavy workloads.
Solution:
OKRUTI architected and developed a robust microservices-based FinTech infrastructure designed for speed, security, and reliability:
– Backend with Java & Spring Boot: For scalable and resilient financial service orchestration.
– Kafka Integration: Enables real-time transaction streaming with fault tolerance and event consistency.
– PostgreSQL Database: Manages complex financial data with high availability and optimized transaction handling.
– Advanced Security: OAuth 2.0 and JWT authentication to prevent unauthorized access and ensure end-to-end data protection.
– Optimized APIs: Designed for ultra-fast ACH and RPPS transaction processing with full compliance to banking regulations.
– Modular Microservices: Enables parallel processing, scalability, and seamless integration into existing financial networks.
This architecture would ensure performance, security, as well as compliance and would seamlessly integrate into financial networks.
Results achieved:
✔ Secure high-volume transactions: Optimized queue and database management ensured error-free, high-speed processing.
✔ Faster payment processing: Reduced latency in money transfers and bill payments.
✔ Full regulatory compliance: Adhered to ACH & RPPS financial standards for seamless audits.
✔ Future-ready scalability: Architecture easily adapts to new payment methods and transaction growth.
The next-generation payment platform empowered the FinTech company to deliver secure, compliant, and lightning-fast transactions, strengthening trust and reliability across its customer base.
Feedback from a customer:
“This wouldn’t have happened if it hadn’t been for Okruti’s expertise in financial technology and security; their help has resulted in a payment-processor that runs smooth as silk all while putting the fear of God into anyone trying to mess with your cash.”