Often a solution requires specific integration to other services required to provide content and payment flows into the core engine. In addition to the Youtap Core platform customers can write services themselves or use Youtap professional services to write them on behalf.
Typical Standard Integrations
The following are examples of customer services written for integrations with core banking system and payment systems using various protocols and technologies:
•ISO 20022 and ISO 8583 messaging standards for financial transactions
•RESTful APIs for accessing and exchanging data with the core banking system
•SOAP and XML for data exchange and integration with legacy systems
•Database integration using JDBC or ODBC drivers to access and manipulate data in the core banking system
•Messaging systems such as ActiveMQ for reliable and asynchronous communication between Youtap and the core banking system
•Integration with payment gateways and processors to handle payment transactions
•Use of secure communication protocols such as SSL/TLS and IPsec to ensure data privacy and security during data exchange
•Integration with identity and access management systems to enforce security policies and ensure authorized access to the core banking system.
Youtap integration with core banking systems involves a combination of industry-standard protocols and technologies to ensure reliable and secure data exchange between the two systems.
Integration Steps
Here are the steps Youtap would take to connect to the core banking solution:
•Understand the specific requirements and APIs of the core banking solution.
•Develop a custom connector or adapter that translates Youtap's APIs to the APIs of the core banking solution, allowing the two systems to communicate with each other.
•Utilise ISO 20022 or ISO 8583 messaging for the transfer of financial transaction data.
•Determine the appropriate network protocols to use for the communication between Youtap and the core banking solution, such as HTTPS or SFTP.
•Implement the appropriate security measures, such as SSL/TLS encryption and IPsec firewall rules, to ensure the integrity and confidentiality of the data being exchanged.
•Test the integration thoroughly to ensure that the two systems APIs are communicating, and that data is being transferred accurately.
•Monitor the integration on an ongoing basis to ensure that any issues are identified and addressed in a timely manner.
•Continuously optimize the integration for performance and scalability as needed.