Utimaco's Payment HSMaaS Available on IBM Cloud to Facilitate Payment Transactions
Paymentwall Leverages Payment HSM as-a-Service on IBM Cloud for Financial Services
Payment HSMaaS, a fully cloud-hosted, PCI-compliant service, provides an alternative to operating on-premises Payment HSMs in customers' data centers. It helps to reduce the need to invest in hardware, secured facilities, and management resources designed to reduce the burden of PCI compliance, audit, and support. Banks can leverage the combination of IBM's deep financial industry expertise and enterprise cloud platform with Utimaco's Payment HSMaaS technology to unlock enhanced payments services for their customers. For example, Paymentwall, a global provider of payment solutions, has implemented Utimaco's Payment HSMaaS on IBM Cloud for Financial Services to help enhance the security of transactions and address their regulatory compliance requirements.
"We are excited our Payment HSM as-a-Service is available on IBM Cloud, reinforcing our commitment to providing cutting-edge security solutions for the financial sector," said
First introduced in 2019, IBM Cloud for Financial Services is designed to accelerate financial institutions' digital transformations with security at the forefront and it aims to help reduce risk throughout the supply chain by addressing resiliency, performance, and security for financial institutions as well as helping them address their regulatory compliance obligations.
"As the payments industry continues to evolve, financial institutions need technological solutions that can help them remain competitive while maintaining security and their regulatory compliance posture," said
Utimaco's Payment HSMaaS capabilities integrate with Paymentwall's existing environment based on IBM Cloud, helping to enable enhanced security for cashless payment processing and a comprehensive suite of payment services worldwide.
"Security is paramount in the digital payments industry, and Utimaco's Payment HSM as-a-Service on IBM Cloud has enabled us to prepare the infrastructure for our new product, including the protection and compliance controls we need," said
Utimaco's Payment HSM as-a-Service is now available via IBM Cloud for Financial Services.
Organizations interested in learning more about this service can visit the service listing in the IBM Cloud Catalogue or by visiting IBM Cloud for Financial Services..
About Utimaco
Utimaco is a global platform provider of trusted Cybersecurity and Compliance solutions and services with headquarters in Aachen (
500+ employees around the globe create innovative solutions and services to protect data, identities and communication networks with responsibility for global customers and citizens. Customers and partners in many different industries value the reliability and long-term investment security of Utimaco's high-security products and solutions. Find out more on www.utimaco.com.
About Paymentwall
Paymentwall is a global payments platform that provides businesses with comprehensive payment solutions across 200+ countries. With a secure and seamless transaction processing infrastructure, Paymentwall empowers merchants to accept payments worldwide. To learn more, visit www.paymentwall.com.
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SOURCE Utimaco
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