AMD and NTT Data Announce Deployment of AMD Processors for Payment Platform

Fintech Investing

AMD (NASDAQ:AMD), a leading provider of high-performance computing and NTT Data, a global IT services provider, announced that they were partnering to enhance NTT Data’s Credit and Financial Information System (CAFIS) system. This will be carried out through the use of AMD’s processors for NTT Data’s cloud-based payment platform. As quoted in the press release: “Thanks …

AMD (NASDAQ:AMD), a leading provider of high-performance computing and NTT Data, a global IT services provider, announced that they were partnering to enhance NTT Data’s Credit and Financial Information System (CAFIS) system. This will be carried out through the use of AMD’s processors for NTT Data’s cloud-based payment platform.

As quoted in the press release:

“Thanks to AMD EPYC processors, we are able to connect more than 120 credit companies and 1,600 banking centers through our CAFIS system with excellent performance and reliability,” said Minoru Yoshizawa, Sub Manager, NTT DATA Financial Core. “The unique single-socket design offers distinct price-performance advantages for NTT DATA and our customers. We look forward to bringing these advantages to other applications with additional deployments of AMD EPYC processors,” said Satoshi Haginoya, Sub Manager of Cards & Payments Services, NTT DATA.

The CAFIS brand covers a set of payment-related services that NTT DATA has been providing for over 30 years as one of the largest payment infrastructures in Japan. “CAFIS Arch” is a cloud-based comprehensive payment platform which provides payment functions as well as inbound functions and supplementary functions for various payment terminals.

Click here to read the full press release.

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