Compass Plus and Futurex enter strategic alliance

Tuesday 2 December 2014 00:43 CET | News

Compass Plus, an international provider of retail banking and electronic payments, has joined forces with Futurex, a provider of data encryption security solutions.

The agreement has extended the list of HSMs now supported by the TranzAxis payment platform. The project was implemented in conjunction with Worldwide Financial Systems Solutions (WFSS), Compass Plus’ distributor in the Latin American and Caribbean region, during the migration of Global Processing Centre in Antigua (GPC) to TranzAxis.

The certification of Compass Plus’s open development payment platform, TranzAxis, to support Futurex’s Excrypt SSP9000 hardware security modules (HSMs) has enabled customers, including GPC, to use Futurex HSMs for EMV data preparation and the card issuance process, as well as the secure authorisation and communication of sensitive data for Visa, MasterCard and UnionPay EMV cards.

For over 30 years, Futurex has been a globally recognized provider of data security solutions.

Compass Plus provides payments software and services that help financial institutions meet changing market demands.

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Keywords: Compass Plus, Futurex, Excrypt SSP9000, TranzAxis, payment platform, online payments, online security
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime