Customizable EMV security solution [FREE], based on Utimaco’s multipurpose HSM
Industry Standards in Payment Security are on the Rise
All payment systems are unique, and the market is constantly evolving. To keep up with market developments, the industry needs of today will require modifying tomorrow. EMV migration and NFC technology is already driving a move from magnetic strip to chip and pin.
The sensitive nature of payment transactions require a high level of security. The banking and payment industry has long deployed Hardware Security Modules (HSM) as the root of trust to ensure their payment systems are reliable and secure.
In the face of industry changes, many vendors find themselves stuck with inflexible technology with limited customization options, including legacy systems with outdated API functions.
By comparison, Utimaco’s technology offers open-payment APIs that empower vendors with a fully customizable HSM—thereby enabling a multipurpose and adjustable HSM that adapts in tandem with changing industry dynamics.