Earlier quoted context omitted.
Tresor means safe / vault, it's a quite natural name for a bank.
Tresor -> Treasure
Also a cognate of thesaurus. Like the Trésor de la langue française.
A bank runs serverless with PHP and AWS Lambda
121–130 of 132 posts
Re: A bank runs serverless with PHP and AWS Lambda
#122Earlier quoted context omitted.
Tresor means safe / vault, it's a quite natural name for a bank.
The bank isn't named Tresor - it's named Treezor. That's quite a bit closer to Trezor than Tresor. Anyways, if companies are going to use made up words for their names I'm happy to always deny them the benefit of the doubt.
Aren't all words made up?
Re: A bank runs serverless with PHP and AWS Lambda
#123Wow, that is just amazing.
So it means that if I connect to treezor.com, I am not talking to a server, but it's direct communication with god in heaven?
And it's not a badly configured server, but the Content "Security" Policy allowing FOURTY different sites, including unsafe inlines (!) is beamed into my brain from a different universe?
And the PHP "software" also clearly is running on a server, because PHP isn't a server-side scripting language, it's all happening in your mind!
/s
Hint: The whole point of a bank is BEING a server, be a central trusted authority accepting and executing transactions from and between clients. A serverless bank is a bank that no longer exists, but got replaced by peer-to-peer transactions.
Re: A bank runs serverless with PHP and AWS Lambda
#124I always love a story about a successful strangler pattern migration. I do wonder how they came to Lambda though. I love it for small workloads and highly variable demand services, but something like Treezor you'd think has relatively flat and high demand. The cloud cost for Lambda would be much higher than running the equivalent compute, even with something also highly scalable like ECS.
This was my thought. Lambda works well for infrequent tasks. But hosting an API? That seems like it could get expensive pretty fast.
I've been working with Lambda across a few large projects for their API's, with each endpoint being its own lambda.
This has been scaling really well for us and affordability wise it makes the development and testing phase basically free, with the final deployed costs almost never exceeding double digits monthly. This is for multi-az + multi-region deployments too.
Re: A bank runs serverless with PHP and AWS Lambda
#125Wow, that is just amazing. So it means that if I connect to treezor.com, I am not talking to a server, but it's direct communication with god in heaven? And it's not a badly configured server, but the Content "Security" Policy allowing FOURTY different sites, including unsafe inlines (!) is beamed into my brain from a different universe? And the PHP "software" also clearly is running on a server, because PHP isn't a…
I don’t understand why people nit-pick the wording “serverless” when the benefits of not having to manage servers is very real.
Yes, there is a computer. Good job, you pointed it out. No one is paying AWS money because they think amazon is somehow running code without computers being involved. They’re paying to run lambdas to avoid dealing with the computers that run the code.
Banks specifically have much higher operational costs due to regulatory requirements. Banks like to focus on their financial strategy and outsource the rest.
Re: A bank runs serverless with PHP and AWS Lambda
#126Wow, that is just amazing. So it means that if I connect to treezor.com, I am not talking to a server, but it's direct communication with god in heaven? And it's not a badly configured server, but the Content "Security" Policy allowing FOURTY different sites, including unsafe inlines (!) is beamed into my brain from a different universe? And the PHP "software" also clearly is running on a server, because PHP isn't a…
I don’t understand why people nit-pick the wording “serverless” when the benefits of not having to manage servers is very real. Yes, there is a computer. Good job, you pointed it out. No one is paying AWS money because they think amazon is somehow running code without computers being involved. They’re paying to run lambdas to avoid dealing with the computers that run the code. Banks specifically have much higher oper…
Of course us Nerds know that "serverless" is just a BS marketing term.
I am nitpicking because there are technically uneducated people (managers) who actually believe in these BS marketing terms. People who already thought that such a thing as a "cloud" exists, resulting in us now having to look at our personal data getting stolen once per week because some manager thought you no longer need competent system administrators, because you are just pushing that personal data "to the cloud", so no risks involved.
And in this regard, the term "serverless" is even worse. It's basically the flat earthers of technology.
These BS marketing terms like "cloud" and "serverless" are an excuse for managers to act in an irresponsible fashion, thinking competence is no longer needed in-house. But competence IS needed.
And that's why every single person of "us" in each and every conversation should point out "you are putting the data of your customers and your businesses existence into the hands of someone you don't know at all" and avoid the BS marketing terms. If we go along with them, we are just hurting us, our employers, customers and/or clients, and humanity.
So, in this case the article should be translated into:
"Our intern wrote some crappy PHP shit because he is not really a programmer but a baseball player, and we have decided to just upload and expose all our stuff to some random organization at an unknown location under unknown control so we don't have to deal with this stuff anymore once the intern has left."
:)
Re: A bank runs serverless with PHP and AWS Lambda
#127Earlier quoted context omitted.
Some banks have so much tech (legacy mainframe to cloud providers) I’ve head them describe themselves as an IT company that makes money off banking. My credit union is lackluster but that’s expected I’m not there for their mobile apps.
By any chance does the name of this bank sound the noun you'd use to describe a large urban area?. I've heard it too.
No it was Chase.
Re: A bank runs serverless with PHP and AWS Lambda
#128Treezor is not really directly a bank but more a "bank as a service" company. Lots of companies or "neobank" that want to offer a kind of bank account, for personal or corporate use, but that don't have an official banking agreement, and not really a banking infrastructure, can use them as "white label" solutions. All the bank accounts and banking operations will be done by treezor, but from the user point of view, h…
As a customer of US Bank in the US, I can attest to the fact that they aren’t as reliable as I’d want. Their website and app tend to be “under maintenance” quite often. I think you overestimate the reliability of many bank operations.
App reliability is different from payment service reliability.
Re: A bank runs serverless with PHP and AWS Lambda
#129Where's the database staying on? You migrated to AWS RDS or it's elsewhere?
Re: A bank runs serverless with PHP and AWS Lambda
#130banks have low requirements with no technical challenges...
im honestly amazed how bad almost every bank service is with their tech usage... and this has been true for all of my living memory.
i might have to look into these guys... maybe i can have a service thats only millions of times worse than i expected as a child, instead of trillions of times worse