back Back

Thales launches cloud-based Payment HSM Service

By Gloria Methri

August 22, 2023

  • Cloud Based Payments
  • Europe
  • France
Share

Thales, RiskTech, Cloud-based Payments, payShield Cloud HSM, Payment Processing, Payment Security, UKParis-based RiskTech company Thales has announced the launch of Thales payShield Cloud HSM, to help customers accelerate the adoption of cloud-based payments infrastructure. The new subscription-based digital payments security service is built on its payShield 10K Payment Hardware Security Module (HSM) technology.

For more than 30 years, Thales’s payment HSMs have helped protect cryptographic keys and sensitive data to facilitate secure payment processes – both online and in person. The new service offers rapid deployment, improved flexibility, and seamless integration with leading cloud providers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP).

The payShield Cloud HSM service can be used in hybrid deployments, enabling existing customers to move any application to the cloud at their own pace while avoiding disruption to their on-prem HSM infrastructure. The service can be deployed in minutes, delivering instant security, trust, segregation of duties, and functions that support the needs of payment brands such as American Express, Discover, JCB, Mastercard, UnionPay, and Visa.

The payShield Cloud HSM service is an alternative way for businesses to fulfil their payment security needs. It simplifies the sharing of production HSMs across multiple locations and applications, allowing more HSMs to be added quickly for resilience, backup or capacity.

The service is currently supported by multiple data centres across the US and EU regions, with more in the pipeline – helping businesses with the growing complexity of data sovereignty. These data centres comply with critical data security audit standards including PCI PIN security essential for payment processing.

“Across industries and geographies, digital services are steadily transitioning from on-premises to cloud-based offerings. Payment solutions are no exception,” said Todd Moore, vice president of data security products at Thales. “Our cloud-based payShield 10K HSM service provides a new, flexible and fully-compliant solution for facilitating digital and face-to-face payments. This new offering delivers the exceptional performance customers expect from our payment HSM platforms, including low-latency operations with leading cloud platforms.”

Previous Article

August 22, 2023

TreviPay offers cross-currency payment technology for SMEs processes

Read More
Next Article

August 22, 2023

FullCircl acquires W2 Global Data Solutions to boost compliance

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

December 06, 2024

Are Indian banks ready for cyber threats? 2,500 weekly attacks say NO!

Read More

December 06, 2024

PayPoint & Lloyds Bank enhance merchant services for UK SMEs

Read More

December 06, 2024

Premier Bank & Mastercard roll out Sharia-compliant cards in Kenya

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More