New Open Payment Suite from Sun Microsystems Stable

Filed in archive Application Development by gautam on October 9, 2006

The second phase of the payment strategy has been announced by Sun Microsystems with introduction of its latest Open Payment Suite based on Sun Java's CAP suite and Solaris Operating System. This is in line with the technologies aimed at addressing the challenges being faced by the payments industry.

The integration of Open Payments Bus and CPA has been done for creating a market leading business integration and SOA platform. This suite is based on Java CAPs suite and Solaris 10 OS.

The new suite comprises of the latest SWIFT Message Monitor solution which enables financial firms to audit SWIFT traffic automatically as it moves through the organization. As per the company the payment suite has been developed for the purpose of broadening banking services in financial supply chain services areas.

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Vote for New Open Payment Suite from Sun Microsystems Stable:

Currently 7.50/10
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Rating: 7.50 out of 2 vote(s) cast.

Response from: 0 apr balance transfer (06/26/08 12:01pm)

I think I need a little more documentation about this payment suite. This is no doubt another important step in payment industry but I don't think broadening banking services is such a good idea. Banks have their own role in handling financial transfers and changing this would be imprudent.