Securing Payment Ecosystem Through Precision Access Management
Client Background
A global technology leader processing billions of payment transactions annually across multiple product ecosystems engaged Akraya to strengthen their payment data security posture.
Challenges Faced
This section outlines the core difficulties and pain points the client was experiencing. It provides context on the hurdles that needed to be overcome before achieving the successful outcome.
Audit Exposure in Payment Data Access
Payment information touches multiple government regulations across global jurisdictions. Every access provisioning decision must navigate country-specific restrictions.
Complex Multi-System Validation Requirements
Access provisioning wasn't a simple check-box exercise. Each request required verification across six to seven interconnected systems, validating user eligibility from multiple directions.
Scalability Constraints in Critical Payment Functions
The organization needed scalable capacity that could maintain precision while handling increased velocity without risk.
Akraya’s Strategic Solution
Akraya deployed a specialized identity and access management capability to transform payment data security -
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Precision Access Provisioning Engine
Established a dedicated team managing PAM (Privileged Access Management) for the client's payment ecosystems
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Comprehensive Audit & Compliance Infrastructure
Beyond routine access management, Akraya's team handles annual audit projects, organizational changes, swings, and role management.
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Global Stakeholder Coordination Framework
Akraya established asynchronous support models ensuring payment access needs are addressed regardless of geographic location.
Measurable Outcomes
Operational
100% Regulatory Adherence, Every access grant validated against government regulations.
Financial
By preventing payment data exposure scenarios, $245M in Potential Breach Costs Avoided.
Business
Billions in transactions processed without security incident affecting payment data.
Conclusion
Akraya delivered flawless payment access governance for one of the world's most complex digital ecosystems. By establishing precision provisioning workflows, multi-system validation protocols, and complete audit traceability, we ensured that every access grant to payment data met the highest standards of security and compliance.
