PayNet Banks On AI-Driven Network by Juniper Networks to Drive Expansion of Malaysia’s National Payments Infrastructure
16 Outubro 2023 - 11:00PM
Business Wire
The network upgrades deliver AIOps and rich
automation, capitalizing on the Juniper Mist Cloud to enable PayNet
and Malaysia’s local and cross-border payment infrastructure
expansion
Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven
networks, today announced that Payments Network Malaysia (PayNet),
Malaysia’s national payments network and shared central
infrastructure for its financial markets, has selected Juniper’s
campus solutions driven by Mist AI™. The networking upgrades
include the Juniper Networks EX Series and Wireless Access Points,
Wired and Wi-Fi Assurance services, as well as Marvis™ Virtual
Network Assistant driven by Mist AI, enhancing networking
capabilities across PayNet’s campus sites and remote command
center.
As Malaysia’s national provider of financial market utilities,
PayNet processed MYR$1 trillion in consumer, business and financial
market transactions in 2022 alone. In addition to the growth of its
cross-border international payment linkages, PayNet powers a
comprehensive array of popular services that have entrenched
themselves as indispensable to Malaysia’s digital-savvy population
of over 33 million people, including cashless payments (DuitNow),
bill payments (FPX), inter-bank transfers (IBG) and the nation-wide
shared ATM network.
With these volumes on an expected upward trajectory, the company
recognized a need for a campus network refresh to provide its over
500 staff at its modern headquarters with a better in-office
digital experience, especially as it embraced a hybrid work model.
Juniper’s campus network solutions stood out during PayNet’s
evaluation, offering a future-proof solution rich in automation and
AIOps, providing performance,
consistency, ease of management, and the ability to seamlessly
scale as it grows.
All powered by the Juniper Mist™ Cloud, Juniper’s AP32 and AP43
provide Wi-Fi 6 accessibility over an EVPN-VXLAN topology,
providing consistency, longevity and scalability powered by EX3400
and EX4650 switches. The upgrades have allowed PayNet to do away
with complicated command-line interface and on-premises setups
while providing seamless connectivity across its two buildings.
Furthermore, PayNet was able to integrate the buildings’ various
IoT devices, such as CCTVs and smart TVs, into the new network.
In addition, Wired and Wi-Fi Assurance services driven by Mist
AI, have helped automate and streamline network operations for
PayNet’s engineers. The Marvis Juniper Network Assistant, for
example, helps determine the root cause of issues, offering
proactive insights and prescriptive actions – beneficial as they
operate out of a remote command center. This has allowed the team
to see a significant decrease in tickets related to connectivity
issues since implementing Juniper’s upgrades, ultimately driving
better user experiences across the network.
As PayNet gears up for local and regional expansion, they look
forward to achieving further integration with Juniper’s Mist AI
solutions. The strategic network refresh by Juniper has allowed
PayNet to enhance the on-campus experience for both employees and
guests, all while firmly positioning PayNet for future growth
across local and regional payment infrastructures.
Supporting Quotes:
“It is always gratifying to support partners who enable
essential services for the everyday lives of their customers. We
are proud to play an important role in PayNet’s network
infrastructure – just as their mission is to build an inclusive,
accessible, and efficient payments and financial ecosystem for
Malaysians; ours is to enable them with the best networking
solutions that technology has to offer. It has been a privilege to
witness their growth journey across the region and the world, and
we look forward to deepening our collaboration as they continue to
grow.”
- Perry Sui, Area Vice President, ASEAN & Taiwan, Juniper
Networks
“At PayNet, our objective is to provide the nation with an
economical and agile payments platform that can respond swiftly to
innovation while ensuring that demand for our services can be met
in a timely and effective manner. Our partnership with Juniper
Networks has provided the networking foundations to allow us to
focus on delivering our range of services without worrying about
the backend, contributing to the goal of developing a payments
ecosystem for Malaysia and across the region that remains
efficient, pertinent, and competitive.”
- Preman Padmanabhan, Head of Networks, PayNet
Additional Resources:
- Case Study: PayNet cashes in on exceptional, AI-driven digital
office experience
- Product & Solution Pages:
- Juniper Networks AP32 Access Point
- Juniper Networks AP43 Access Point
- Juniper Networks EX3400 Access Switch
- Juniper Networks EX4650 Campus Aggregation & Core
Switch
- Follow Juniper Networks online: Facebook | Twitter |
LinkedIn
- Juniper Blogs and Community: J-Net
About Juniper Networks
Juniper Networks is dedicated to dramatically simplifying
network operations and driving superior experiences for end users.
Our solutions deliver industry-leading insight, automation,
security, and AI to drive real business results. We believe that
powering connections will bring us closer together while empowering
us all to solve the world’s greatest challenges of well-being,
sustainability, and equality. Additional information can be found
at Juniper Networks (www.juniper.net) or connect with Juniper on
Twitter, LinkedIn and Facebook.
Juniper Networks, the Juniper Networks logo, Juniper, Junos, and
other trademarks listed here are registered trademarks of Juniper
Networks, Inc. and/or its affiliates in the United States and other
countries. Other names may be trademarks of their respective
owners.
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Media Relations: Kenneth Chew Juniper Networks +65
6959 0553 kchew@juniper.net
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