Utimaco Launches PaymentServer 3.00.0 To Help Payment Industry Reach PCI Compliance
AACHEN, Germany – 17 October 2017 – 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.
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.
PointofSale.com, now in its 8th year, does not sell products or services and we rely on sponsors to keep the site up. We are independently owned and operated. Please visit the POS software pages and POS hardware pages (see left side menu above) to find great POS products from various vendors. For more info, contact us through the Footer menu below.
Other POS News:
- Digilant Releases New Holiday Media Planning Guide
- GSP Showcases Turnkey Remodel Capabilities at NACS Show
- Networks and Buy It Mobility Networks (BIM) to Implement Branded ACH Mobile Payments
- Verifone & Alipay First to Simplify Taxi Payments for Chinese Travelers in North America
- LevelUp and Orderscape Partner to Power Voice Ordering for Restaurants Globally
- STRATACACHE to Display Convenience Store Shopper Activation Solutions at the NACS Show
- IBM & Dream Payments Expand Payment Services on the Cloud to U.S. Financial Institutions
- Lavu Certifies Three Epson Wireless Receipt Printers for its Restaurant Management System
- Epson Introduces New PowerLite 2000-Series Wireless and Portable Projectors
- Grubhub Partners with BJ’s Restaurant & Brewhouse to Provide Online Ordering, Delivery and