Quantum computers will revolutionize many industries and will be powerful enough to break all commonly used public key cryptographic algorithms.Read more
The Payment Card Industry’s Data Security Standards (PCI DSS) mandate that all entities transmitting, storing or processing cardholder data must meet certain security criteria to ensure compliance. Noncompliance with these standards can lead to a fine or even a termination of service for the offending organization. These is plenty of information in the public domain on how to ensure compliance. However, for many FinTech start-ups, the real challenge is to ensure compliance while minimizing the cost of compliance.Read more
This series on PSD2 and HSM as a Service explores the endless possibilities created by a level playing field in the payments industry in the EU. Part 1 explored how PSD2 and HSM as a Service enable this level playing field while Part 2 looked at just a few of the truly endless possibilities that exist for FinTech firms and other third-party entities that can act as AISPs and PISPs.Read more
In Part 1 of our series on PSD2 and HSM as a Service, we had a brief look at how these tools can together create a more level playing field in the payment services sector. While PSD2 entitles third party entities access to certain data from banks, HSM as a Service can allow companies to offer industry leading security solutions at a reasonable cost.
In this article, we look at the potential opportunities that this creates for FinTech companies and other Third-Party Partners (TPPs).
Certain events can drastically change an industry forever. The Revised Payment Services Directive (PSD2) mandates certain changes that has the potential to significantly alter how the payments industry operates in the EU. For commercial banks, the run up to PSD2 has meant hectic activity and restructuring of their technical processes.Read more
Blockchain has become one of the biggest technological surges of this century. It has been, and still is, primarily used by individuals for unregulated financial transactions. However, if blockchain is going to live on and have a lasting impact, it will need to be adopted by businesses.
In this article we’ll be discussing why blockchains need to become auditable, and how this functionality will promote a wider development of this emerging technology.Read more
Crypto-agility can be elaborated as the ability and aptitude of a system to promptly shift from the existing cryptographic algorithms and primitives to the newer and updated ones. With the advent of quantum computing, it has been obvious that the RSA based public-key systems which stand on large integer factorization and discrete logarithm problems would be breakable.Read more
Together with a consortium of four companies and a university, Utimaco has been researching since March 1, 2014. The aim of the project is to design and develop financial cloud architecture for transferring highly sensitive financial transactions via cloud services.Read more
Interview regarding the role of HSMs as a root of trust in the Internet of Things at a Cloud Computing Expo in Santa Clara, CARead more