The global digital payments landscape is evolving rapidly, and with it, the demand for secure, efficient, and compliant infrastructure continues to grow.
Payment service providers, fintech startups, and financial institutions alike face mounting pressure to optimize their systems while maintaining security and regulatory compliance. Enter Utimaco's Payment Hardware Security Module as a Service (HSMaaS)—a solution hosted on IBM Cloud to tackle these challenges head-on.
Fragile Legacy Payment Systems
Handling secure payments has never been more demanding. Legacy systems often strain under the weight of increased transaction volumes and evolving compliance requirements. Maintaining PCI compliance while enduring the declining costs of transaction fees is squeezing margins and making traditional business models more fragile.
A feasible answer to this challenge lies in outsourcing key components of payment systems. Utimaco’s Payment HSMaaS enables organizations to minimize capital expenditures and operational burdens, replacing costly on-premises infrastructure with a scalable, reliable, and cost-effective cloud-based solution.
What Makes Utimaco’s Payment HSM as a Service Unique?
Utimaco is the first Payment HSM in the market with a FIPS 140-3 Certification, as well as the fastest Payment HSM. Utimaco’s Payment HSMaaS is a full-service, cloud-hosted, PCI-certified offering, designed to replace the necessity of operating on-premises HSMs. This solution enhances security, reduces costs, and simplifies compliance processes for organizations involved in issuing payment cards or processing financial transactions.
Key Benefits of Utimaco’s Payment HSMaaS on IBM Cloud
1. Secure Cloud Deployment
Deploy Payment and General Purpose HSM capabilities securely in the IBM Cloud, ensuring robust, compliant infrastructure.
2. Ultra-Low Latency
Benefit from IBM’s global data centers for high availability and minimal latency, ensuring seamless transaction processing.
3. Reduced Total Cost of Ownership
Eliminate expensive on-premises hardware and associated maintenance costs while optimizing operational expenses (OPEX).
4. PCI-certified
Stay aligned with stringent payment industry regulations effortlessly through Utimaco’s PCI certification.
5. Scalability and Agility
Scale your payment processing capabilities up or down based on business needs without service interruptions.
6. Automated Updates and High-Quality Support
Stay equipped with the latest firmware, software, and expert assistance from Utimaco’s global support team.
Paymentwall: Real-World Customer Implementation
Utimaco’s Payment HSMaaS has already proven its value across various use cases. For example, Paymentwall, a leading global payment platform, leverages this solution to fortify transaction security and streamline compliance processes. The result? End-to-end security and a seamless payment experience for customers worldwide.
Volodymyr Kovalyov, Chief Architect at Paymentwall, notes, “Security is paramount in the digital payments industry. Utimaco’s HSMaaS on IBM Cloud has enabled us to prepare the infrastructure for our new product with all the protection and compliance controls we need.”
The Perfect Match with IBM Cloud
IBM Cloud is a trusted player in the financial sector, offering secure and scalable infrastructure tailored to meet the industry's demands. By integrating Payment HSMaaS within this ecosystem, Utimaco delivers a trusted solution that prioritizes security, compliance, and performance for global financial institutions.
Prakash Pattni, MD Financial Services Digital Transformation at IBM Cloud, remarks, “The addition of Utimaco furthers our mission of helping financial institutions remain competitive while addressing the unique challenges of compliance and security.”
Why Your Business Needs Utimaco’s Payment HSMaaS
Whether you’re a fintech startup, a payment service provider, or a major financial institution, the advantages of adopting Utimaco’s Payment HSMaaS are clear. Here’s why companies are making the switch to this revolutionary service:
- Simplified Operations: Focus on enhancing the customer payment experience rather than grappling with compliance and hardware management.
- Faster Time to Market: From testing to full rollout, new clients can be onboarded quickly with minimal technical hassle.
- Global Accessibility: With IBM’s widespread infrastructure, businesses can scale globally without compromising service levels.
Secure the Future of Your Payments Today
Transform your payment infrastructure with Utimaco’s Payment HSMaaS and IBM Cloud. Shed the burdens of high operational expenses and complex compliance while enjoying unmatched security, scalability, and performance.
To learn more about how this solution can enhance your payment systems, download our solution brief or contact us directly.
