News

First Successful ARX Migration in Israel Uses Futurex HSMs for Secure Payment Environments

August 19th, 2020

TEL AVIV, Israel, 19 August, 2020 — Futurex, Stanchion, and Credics Technologies Ltd. are working together to support financial institutions in Israel to manage data encryption for their operations, including those that are migrating from the ARX hardware security modules (HSMs) to modern platforms. Together, they have invested in the development of a fully compatible and compliant HSM solution to distribute and support Futurex’s HSM solutions.

Futurex announced it has deployed its Excrypt Plus HSM in Israel, where customers have successfully used system integration services from locally based Credics Technologies Ltd. who supplied the toolset that speeds up and de-risks the migration of the ARX HSM environment to the Futurex HSM environment. The end clients are using Futurex’s HSMs to manage the security authentication of a card issuing platform and acquiring ATM transactions.

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