Atombeam, whose innovative technology redefines how data is used, moved, stored, and secured, today announced that Alhamrani Universal (AU), amongst Saudi Arabia’s largest fintech solutions providers, has deployed Atombeam’s Neurpac SaaS solution to dramatically accelerate the transmission of electronic payment transactions data. AU is a pioneer in payment technologies for banks, serving hundreds of thousands of retailers and consumers, and a regional leader in ATM, bank kiosks, and point-of-sale payment acceptance solutions.
Ubiquitous across the finance landscape, and the brick-and-mortar locations of leading banks and retail chains, AU’s innovations span everything from highly secure industrial EMV payment card readers to global payment wallets like Apple Pay, Samsung Pay, AliPay and others. Each day, the company processes millions of transactions across its platforms and among its growing customer base.
“Consumers, banking stalwarts and retailers – from leading global brands to small businesses that use conventional POS, tablets and mobile devices at the point of sale – rely on our proven technologies to ensure the accurate and ironclad processing and transmission of payments,” said Mario Rouhana, chief operating officer at Alhamrani Universal. “The culture of innovation that thrives at AU reflects our steadfast commitment to always strive for improvements that raise the bar across the payments landscape and that set a new standard of performance, reliability and security.”
Initially, AU is using Atombeam’s Neurpac SaaS to dramatically accelerate the transmission of batch transfers of POS transaction data, which is required to be backed up and stored in a different region to ensure that a gold standard copy is always available. Each day, numerous batches of this transactional data are sent across regions, often on bandwidth-constrained wired and wireless networks.
As a result of the size of the data loads and the varying performance of infrastructure in different regions, the daily transfer process is prone to delays and significant additional costs. With the rollout of Atombeam’s Neurpac SaaS, the entire process is now exponentially faster, requires dramatically less bandwidth, compute power, and storage capacity—all while radically decreasing latency and making transfers inherently more secure.
“With Atombeam, we’re seeing a 4x or more increase in available bandwidth in our batch transfers, along with a corresponding decrease in latency, all while using the same infrastructure,” added Rouhana. “The performance gains we’re seeing with Atombeam dwarf what we can achieve with existing data compression technologies, at a much higher cost, or what we could realistically expect from higher-capacity networks that take years to build and require significant capital investments.”
Expanding on the success of the Neurpac SaaS production-grade implementation and the seamless deployment that did not require changing any hardware, software, infrastructure, or having any integration requirements, Atombeam is also preparing for a subsequent Neurpac product release. It will enable AU to provide transactional data transfers in real-time, an enhancement that will further streamline operations, allowing it to build and offer newer value-added Services for its enterprise customers.
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Atombeam
Atombeam is a data and AI technology company that enables organizations to shrink the size of their data during transmission, increasing bandwidth by 4x, while decreasing latency and power usage. The company's patented software makes this possible within an organization's existing infrastructure, eliminating the need for additional capital expenditures to support expanding data needs. Atombeam's products include Neurpac, for optimizing data workloads; Neurcom, for video and audio data; and the Persistent Cognitive Machine (PCM), a new form of continuously learning AI that overcomes the limitations of Large Language Models (LLMs).
