A growing number of banks and processors are choosing to adopt a cloud architecture for their payment solution. This is especially relevant for greenfield projects where a company launches a new business line or creates test environments. In such cases, a cloud installation can offer cost savings and reductions in implementation time.
However, the major cloud service providers do not offer payment HSMs as a service. Most of the time, banks and processors are forced to run this essential security component of their payment system in-house.
This announcement means that banks and processors using WAY4 can now utilise MYHSM’s cloud-based Payment HSM as a Service in their cloud software installations. WAY4 users who prefer to run WAY4 on their own infrastructure can also benefit by handing over responsibility for providing HSM capability to MYHSM.
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