Traxcom Secure Transaction Processing "Ensuring security for your transactions"The evolution of computing platforms, security techniques, and migration to IP technologies has had a significant impact on electronic processing systems for transactions. Traditionally, connectivity to banks, card acquirers, and financial entities had been restricted to the use of legacy connections - typically via X.25 and telephone dial-up lines. These analog private connections provide a high degree of security to ensure data confidentiality and safety. However, because these networks were not designed to handle large processing volumes, businesses have to look for new ways to improve the efficiency of their current operations 
Industry Segments Insurance and Health Care Networks "Ensuring security for your transactions" The Secure Transaction Processing product family offers optimal solutions for secured transactions in both Insurance and Health care networks. Insurance Networks - Electronic Benefits Transfer (EBT)In recent years, there has been a shift in the way that insurance benefits are distributed to individuals. Previously, this was a paper-based system, which was very complex and cumbersome to administer. As the needs of the individuals grew and more benefits were administered to individuals, managing a paper-based system was no longer feasible. Great effort by local and federal governments has moved the antiquated system into the electronic age.
Today, Electronic Benefits brings individuals a new method of receiving benefits from local and federal government. With benefits being distributed to individuals electronically, use of the benefits is now easier than ever. The concept is the equivalent of a pre-paid electronic payment method, which the recipient is able to use at almost any retailer for specific goods and services. Beneficiaries are now able to electronically pay for food, medical treatment, transportation, and housing needs and receive cash using this method with additional services being added in the future.
The ability to electronically distribute this information to the individual has greatly reduced the cost of administering this program to the individual while adding a level of security and traceability to the program. When individuals visit a merchant, goods and services are paid for just as any other electronic payment would be made, with the exception that the one issuing the funds for the purchase is the government and not the individual. Merchants are also in favor of this new method, as it greatly speeds up the check out process and the repayment to the merchant occurs significantly quicker. Our Role in the EBT network The secure transaction gateways (traditional dial and IP based transaction accelerator) deliver the ideal solution for EBT applications because they easily interoperate with smart card point-of-sale (POS) terminals and support EMV-type (chip and PIN) credit and debit cards.
The IP-based Transaction Accelerator AccessGuard 500™ system is designed to process high volumes of IP based POS transactions, while delivering the fundamental security needed to enable safe and reliable transport of sensitive benefit information. The AccessGuard 500™ system ensures speedy processing of transactions by employing encryption aggregation and acceleration of security protocols, employing persistent sockets and session reuse.
The dial Transaction Gateway (2.5) delivers a specialized software suite that enables fast transaction processing of credit card authorizations, debit card fund transfers and health benefit authorizations. The system is designed for maximum reliability, utilizing redundant components, while supporting traffic load-sharing across multiple host servers. Also, the Transaction Gateway interfaces with an accounting server, AccessView, which captures call detail records and network statistics. Healthcare Networks Healthcare is one of the fastest growing and most challenging industries in the world. With cost continuing to rise and expected to follow the same trend in the years to come, this has severely impacted healthcare providers’ ability to generate a profit. Also, government regulations require organizations to take added precautions to ensure the security of their networks and the privacy of patient data. The capability to accept different forms of payment, as well as access and transfer of patient data via a single "smart card", is becoming a requirement rather than an option. One of the key drivers motivating the industry to move to an electronic transaction-based system is to build a fraud-proof system. Key objectives for new Healthcare transaction processing systems include: - Simplified interchange of electronic data for specified administrative and financial transactions
- Protection of confidentiality of electronic health information
- Provide quick access to validate and authorize patient eligibility
Our Solutions for Healthcare Networks
Our gateway systems (traditional dial and IP-based accelerators) process medical and payment data with the same security and speed as highly sensitive financial transactions. Also, our solutions seamlessly integrate with existing terminal devices and "smart card" technologies, while accommodating the transport of larger packets of patient information.
The IP-based Transaction Accelerator, AccessGuard 500T system, is designed to process high-volumes of IP based authorization and payment queries, which are generated from a "smart card" terminal device. The solution delivers the fundamental security needed to enable the safe and reliable transport of confidential end-user information.
The dial Transaction Gateway (2.5) delivers a specialized software suite that enables fast processing of authorization and payment requests, involving single-session transfer of small amounts of data. The system is designed for maximum reliability, utilizing redundant components, while supporting traffic load-sharing across disparate databases. Also, the Transaction Gateway interfaces with an accounting server, AccessView, which captures authorization and payment request detail records and network statistics. Related Documents Transaction Gateway 2.5 Application Brief Educational Networks "Ensuring security for your transactions" Due to ever-rising costs in education, institutions are leveraging new innovations and reorganizing information processes to more efficiently administer services. Unfortunately, most institutions have computer systems that are not integrated and do not share common databases. Key applications, like student ID and library card management, access control and food service card information are maintained separately. The impacts of this non-compatibility include excessive time and money spent maintaining disparate systems and data input being duplicated multiple times to address different system needs.
As educational institutions make strategic decisions to improve the efficiency of their information management systems, they are integrating their various processing platforms and using one "smart card" to address all these applications. Solutions for Educational Networks Our Gateway Solutions (traditional dial and IP-based accelerators) are designed to service these organizations by providing a processing architecture which easily supports personalized "smart card" applications, thereby ensuring secure access authorization to specialized classrooms, general building access, libraries and laboratories.
The IP-based Transaction Accelerator, AccessGuard 500T system, is designed to process high-volumes of IP based information queries, which are generated from a "smart card" terminal device. The solution delivers the fundamental security needed to enable safe and reliable transport of sensitive end-user information.
The dial Transaction Gateway (2.5) delivers a specialized software suite that enables fast processing of authorization requests, involving single-session transfer of small amounts of data. The system is designed for maximum reliability, utilizing redundant components, while supporting traffic load sharing across disparate systems. Also, the Transaction Gateway interfaces with an accounting server, AccessView, which captures access request detail records and network statistics used by administrators for detailed records. Related Documents Transaction Gateway 2.5 Application Brief
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