Beyond just Payments - PSD2’s impact beyond the Payments Industry

PSD2 is being touted as the biggest game changer to ever hit the payments industry in Europe. And not without good reason. PSD2 mandates banks to share customer account data with third parties (ones authorised by the customer), so that they can offer services to the customers while using the bank’s core systems as a backend. It gives the customer more control over her data and more options to choose from various service providers. 

Read more

eIDAS & Strong Customer Authentication – Securing Europe’s Digital Payments Landscape

September 2019 will usher in a new paradigm in terms of online payment security and trust. September is the month when the requirements for Strong Customer Authentication (SCA) under the Revised Payment Service Directive (PSD2) will go live in the European Economic Area. Most payment processors and service providers are already working on implementing the same as the Regulatory Technical Standards (RTS) for Strong Customer Authentication were defined and adopted in 2017 itself.

Read more

HSMs in banks - A case for a multi-sourcing strategy for critical tech infrastructure

Supply chain optimization has been one of the primary ways to squeeze a bit more efficiency out of a business process for some time now. Over time, companies have perfected various such strategies like Just in time inventory management and co-locating vendors in the same industrial park as themselves. However, an excessive push towards supply chain and vendor optimization has increased risks as the logical conclusion of such unabated cost optimization is often a single sourcing strategy.

Read more

Securing the financial cloud

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

Intelligent banking needs a cybersecurity edge

Advances in financial technology are transforming banking as we know it and this spark innovation is changing the approach of this historically traditional sector. How can the industry ensure their cybersecurity strategy matches the rest of their next-gen business?

Read more

The higher purpose of eIDAS: supporting the european digital single market

While it still presents a challenge to many businesses and government institutions, the greater idea behind eIDAS is to strive towards a true digital single market in Europe. It’s meant to make life easier and more secure when it comes to electronic identification, authentication and digital “transactions” in the broadest sense!

Read more

PCI DSS requirements for building and maintaining a secure network and systems

When building and then subsequently maintaining a secure payment network, the Payment Card Industry Data Security Standard (PCI DSS) recommends that 12 security requirements be met to secure payment data.

Read more

Ready to take off?

Download our HSM simulator!

Register for free