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Banking & Financial Services

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Understanding the Role of Hardware Security Modules in Fleet Cards

Fleet cards are given by a company to their employees; for example, truck drivers delivering the company’s goods to where they will be sold. Here we will explain how fleet cards/fuel cards work and the role that hardware security modules can play in providing more secure features for these cards under PCI-DSS compliance.
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The Open Finance API & the requirement for eIDAS Certificates and Qualified Signature Creation Devices

Open Finance is driven by technologies such as open APIs. It is a publicly available application programming interface with programmatic access to a proprietary software application or web service – a set of requirements that control how one application communicates and interacts with another.
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Understanding the Role of Hardware Security Modules in Credit Card-Based Payment and Retail Banking

Most standard card payment systems utilize what is called the “Four Corners” model. This model relies on the secure environments provided by HSMs to protect the numerous cryptographic keys and cryptographic operations.
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The Buy Now, Pay Later Revolution

What is Buy Now, Pay Later? BNPL for short is known as installment payments and point-of-sale financing (POSF). Offering buyers credit as part of a purchase has been around since antiquity and therefore, what we are seeing is an explosion of a new variant.
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Finance companies are embracing blockchain – and they need to stay secure

Given the sheer scale of cybercrime, which could cost the world $10.5 trillion a year by 2025, a paradigm shift in the way we secure data is long overdue. Blockchain technology may be one way to achieve this: with blockchain technology security is ‘baked in’.
Watch now: The Path for Cloudifiying Payment HSMs
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Watch Now: The Path for Cloudifying Payment HSMs - Utimaco

Leverage the breadth of benefits in the cloud. Overview of options for meeting all PCI PIN compliance requirements and moving payment HSMs to the cloud.
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Fleet Cards, Fuel Cards, and AFD - Key Answers on PCI Compliance, Crypto-Security and the EMV shift in October 2020

Today, Automatic Fuel Dispenser fraud is a sad reality. Gas pumps are impacted by skimmers, cloned fuel cards, and other schemes. This forces fuel merchants to adopt chip technology as a way to prevent counterfeit frauds. 
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Blog

Why does the Shift from PCI PTS v1 to v3 and PCI PIN Security Mandate a Key Block-Oriented Architecture?

This article highlights the use of key blocks for securing cryptographic keys under the latest versions of PCI PTS and PCI PIN Security. 
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Blog

Technical and Financial Advantages of Permissioned Blockchains in Banking

Permissioned networks are the ideal solution for banks in building their own blockchain. In this article, we will detail the technical advantages of banking blockchains and how these advantages lead to financial advantages, as well.
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Distinctive Requirements between PCI PTS HSM v2.0 and v3.0

Since the release of PCI PIN Transaction Security (PTS) Hardware Security Module (HSM) version 3, companies have started working on v3 compliant HSMs. See the differences between v2 and v3.
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Blog

The Key Role of HSMs and Key Management in Secure Permissioned Blockchains for Banking and Payment Services - An Overview

Blockchains are ruled almost entirely by cryptographic mechanisms. These mechanisms mostly involve digital signatures & PKI, hashes, and key derivation.
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Blog

Using Blockchains and Ecosystem-Integrated HSMs to achieve Compliant Digital Identity Security

In this article, we shall analyze the way blockchain technology can improve data protection and create a better, and smarter digital identity when used with HSMs.