Software Engineering Daily

Building Secure Payments Infrastructure with Jack Gibson

11 snips
Oct 8, 2024
Jack Gibson, Managing Director at J.P. Morgan Payments, shares his insights on building secure payment infrastructure. He discusses the launch of the Payments Developer Portal, emphasizing the engineering challenges of creating financial APIs with zero margin for error. The conversation also dives into the complexities of compliance and legacy systems, the importance of consistent development environments, and the role of emerging technologies like generative AI in enhancing customer experience. Gibson highlights fostering a culture of innovation as crucial for modern engineering teams.
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INSIGHT

Financial Services and Hard Computer Science

  • Financial services present hard computer science problems due to scale, accuracy, and uptime requirements.
  • JPMorgan Chase processes transactions globally, 24/7, with no margin for error, demanding robust solutions.
ANECDOTE

Updating Systems While Maintaining Service

  • JPMorgan Chase faces the challenge of updating systems while maintaining service, similar to changing a plane's wings mid-flight.
  • Clients build upon their services, requiring careful integration management and minimizing disruptions.
INSIGHT

Impact of JPMorgan Chase

  • JPMorgan Chase impacts a significant portion of US households through various financial services.
  • They process payments, facilitate transactions, and play a crucial role in everyday financial activities.
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