| Launch marks company’s re-entry into the market of Payment HSMs, offering a flexible and affordable solution for compliance-as-a-service
AACHEN, Germany -Wednesday, October 18th 2017 [ AETOS Wire ]
(BUSINESS WIRE)-- As the Payment Card Industry (PCI) continues to heat up, Utimaco is providing enterprises in the banking and financial services sector with the opportunity to achieve PCI compliance through its latest launch, PaymentServer 3.00.0. The new PaymentServer is a PCI Standards Security Council accredited PCI PIN Transaction Security Hardware Security Module Version 2 (PCI PTS HSM V2) solution that comes with a complete offering, including the HSM, a Software Development Kit, and additional services such as integration support, certification assistance and tiered maintenance. All of this allows Utimaco partners to focus on business innovation with the assurance that their work remains or regains PCI compliance.
Using Utimaco’s flexible software development kit, companies can reach full PCI compliance for a solution or environment based on the standard product offering from PaymentServer or via a customized and re-certified HSM application. PaymentServer can be leveraged for companies looking for PCI Data Security Standard (PCI DSS), PCI Point-to-Point Encryption (PCI P2PE), or even for PCI HSM as a delta certification with custom code running on the HSM.
Companies in the banking and financial sectors are looking for a more competitive HSM market, reduced total cost of ownership and the ability to innovate from their technology platforms when investing in new technology. However, compliance remains mandatory. Utimaco’s PaymentServer offers a flexible, customizable HSM along with the support for integration and certification.
Utimaco may look like a newcomer to the banking and financial services sectors, as it has largely focused on general purpose HSMs, but the impression is deceptive: There are five solutions in the market for companies that require PCI PTS HSM V2, and three out of those five accredited solutions for uncontrolled environments are based on Utimaco’s CryptoServer CSe technology.
“The market for banking and financial services is changing, and technology like blockchain and PCI accredited payment HSMs are creating challenges for the traditional incumbents,” said Matthias Pankert, Senior Vice President at Utimaco. “This is why we decided to step out of the shade and relaunch our offering under our own brand. This way, we can broaden our visibility in the market and support a larger number of partners who wish to shape their own product offering using Payment Card Industry certified HSMs from Utimaco.
Utimaco’s PaymentServer 3.00.0 runs on the same hardware platform as general purpose HSMs and timestamp HSMs, making it an attractive, and affordable, solution for banking and financial services companies that require PCI compliance.
This announcement follows Utimaco’s news in July that its CryptoServer CSe HSM platform achieved PCI PTS HSM V2 compliance for uncontrolled environments from the PCI Standards Security Council, giving the payment card industry and consumers confidence that their data will be secure throughout the transaction process when using Utimaco’s HSM.
For more information on Utimaco's latest HSM PaymentServer, or to learn more about PCI HSM certification, visit https://hsm.utimaco.com or contact the team at https://hsm.utimaco.com/contact.
About Utimaco
Utimaco is a leading manufacturer of HSMs that provide the Root of Trust for the payments industry. We keep cryptographic keys and digital identities safe to protect critical digital infrastructures and high value data assets. Our products enable innovations and support the creation of new business by helping to secure critical business data and transactions. Founded in 1983, Utimaco HSMs today are deployed across more than 80 countries in more than 1,000 installations. Utimaco employs a total of 170 people, with sales offices in Germany, the US, the UK and Singapore.
Contacts
Contact Utimaco
Alexandra Guennewig
Director of Global Marketing
Phone: +49 241 1696-210
E-Mail: Alexandra.Guennewig@utimaco.com
or
Media Contacts:
Brian Blank/ Meghana Shendrikar
OneChocolate for Utimaco
Phone: +1 415 989 9803
E-Mail: Utimaco@onechocolatecomms.com
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