Futurex announced the next generation of its VirtuCrypt financial cloud hardware security module (HSM) service. Futurex’s VirtuCrypt financial cloud HSM service supports financial services organizations’ critical payment systems cryptography and key management needs in the cloud.
VirtuCrypt cloud HSMs are the industry’s first financial cloud cryptographic solution with native Amazon Web Services (AWS) support.
Financial services organizations depend on HSMs to meet their payment and cryptography needs, including for transaction acquiring, card and mobile issuing, and Point-to-Point Encryption (P2PE).
HSMs are used to handle tasks for banks and merchants including PIN translation and verification, CVV generation and validation, EMV validation, message authentication code generation and verification, key management, and mobile payment processing. Additionally, they depend on HSMs to issue payment cards and provision mobile payment tokens.
Since 2015, VirtuCrypt financial cloud ..
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