Financial Services

Cyber resilience for the financial industry

Securing trust in the financial sector

Financial services cybersecurity

Futurex cryptographic solutions handle every aspect of payment acquiring, as well as card and mobile issuing. Deploy Futurex HSMs and key management servers in the cloud, on premises, or in a hybrid configuration. The wide range of deployment options for financial institutions is matched by flexible integration with all major cryptographic interfaces. Our solutions are FIPS 140-2 Level 3 validated to protect cardholder data and uphold consumer trust.

  • Payment transaction acquiring
  • Point-to-point encryption (P2PE)
  • Card and mobile issuing
  • FIPS 140-2 Level 3 and PCI HSM validated
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Innovation

For 40 years, Futurex has led innovation in the hardware cryptography industry, developing new technologies to combat cyber threats to the financial sector. Contact our subject matter experts to learn how.

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Flexibility

Futurex HSMs keep your customers’ sensitive information secure from data breaches. Deploy on-premises, in the VirtuCrypt cloud, or as a hybrid. Vendor-neutral APIs simplify integration with payment applications.

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The challenges for banks and credit unions

The cybersecurity needs of banks and credit unions are centered around card and mobile issuing and transaction processing. Financial institutions issue payments cards and provision mobile payment tokens, while also processing encrypted transactions and managing keys. A typical payment transaction sends cardholder data through multiple networks for authorization. Strong encryption and cryptographic processing are needed each step of the way.

  • Process transactions securely
  • Issue cards and mobile payment tokens
  • Encrypt large volumes of data
  • Manage keys for devices like ATMs

Futurex solutions for banks and credit unions

Deploy Futurex payment HSMs on-premises or in the VirtuCrypt cloud to protect cardholder data. Futurex HSMs perform card and mobile issuing, transaction acquiring, ATM key injection, and P2PE with industry-leading speed. Their broad support for major cryptographic interfaces, including the RESTful web API, makes it easy to integrate them with host applications. Futurex HMS are FIPS 140-2 Level 3 validated, and compliant with a range of international standards.

  • Integrate with payment application using vendor-neutral APIs
  • Perform payment acquiring, card and mobile issuing, and P2PE
  • Deploy HSMs on-premises, in the cloud, or in a hybrid configuration
  • Inject and manage ATM keys remotely and manually

The challenges for fintech and neobanks

Agility is what keeps fintech providers and neobanks on the cutting edge. Many organizations achieve cryptographic agility by migrating infrastructure to the cloud. But to migrate to the cloud, financial organizations need guaranteed access to a full range of cryptographic services and API integration options. Remote management of cloud infrastructure plays a critical role.

  • Scalability for changing business needs
  • Agility through easy deployment and management
  • Remote management of devices and services
  • Wide range of API support to reduce integration effort

Futurex solutions for fintech and neobanks

VirtuCrypt, Futurex’s global cloud service, allows fintechs and neobanks to deploy cloud payment HSMs and key management solutions. Resolve individual use cases or spin up complete cloud-based architecture on-demand, anywhere in the world. Our HSMs support a vast range of vendor neutral APIs, including the RESTful web API, cutting down the time it takes to integrate with host applications.

  • Cloud payment HSMs handle issuing, acquiring, and P2PE
  • Supports all common cryptographic interfaces: PKCS #11, JCA/JCE, Open SSL, RESTful web API
  • Granular remote monitoring and automation parameters
  • Direct integration with AWS, Microsoft Azure, and Google Cloud Platform (GCP).

The challenges for payment service providers

Payment service providers (PSPs) – such as payment gateways, merchant acquirers, and ESOs – perform a range of payment acquiring and key management functions. Whether you need to help clients get to market faster or maintain payment terminals, your solution should be versatile, powerful, and easy to deploy.

  • Payment acquiring
  • Key management
  • Deploy and maintain terminals (key injection)
  • P2PE

Futurex solutions for payment service providers

Futurex payment HSMs and key management servers handle all of your payment acquiring needs. They are scalable, allowing financial service providers to adapt to changing throughput demands. Deploy in the cloud, on-premises, or as a hybrid model. Simplify management of encryption keys and connected devices. Best of all, the functional flexibility and broad API support of Futurex HSMs helps you get your clients to market faster.

  • On-premises and cloud payment HSMs
  • Payment acquiring: PIN translation, CVV and EMV validation, MAC generation, and much more
  • Establish P2PE to protect account data
  • Leverage cloud agility to help clients get to market faster

The challenges for payment application providers

By adopting a cloud strategy, payment application providers can make it easier for customers to deploy payment applications in the cloud of the customer’s choice and under their control. Additionally, you can skip the process of physically installing software on the client’s on-premises server. A new and growing market for payment application providers is providing their own managed services to customers, in addition to their software offering.

  • Adopt cloud strategy
  • Increase efficiency and future revenue
  • Ease deployment of application in the cloud
  • Cloud payment HSMs

Futurex solutions for payment application providers

Futurex’s goal is to help payment application providers execute a successful cloud strategy. Instead of installing your software on the customer’s servers, Futurex’s cryptographic platform allows your customer to deploy your payment applications in a public cloud of their choosing. Futurex can also help you offer your application as a managed service, strengthening revenue and partnerships.

  • Deploy cloud cryptographic strategy
  • Help customers deploy your application in the cloud
  • Offer payment applications as a managed service
  • Gain speed, reduce sales cycle length, and increase revenue

The challenges for card brands

Card brands need cryptographic infrastructure to handle large volumes of card and mobile issuing and transaction processing. Payment transactions send cardholder data through multiple organizations’ networks for authorization. Strong encryption is needed each step of the way. Card brands have the added responsibility of protecting stored cardholder data for verification and authorization.

  • Fulfill transaction acquiring demands
  • Issue payment cards and mobile payment tokens
  • Establish EMV CA for added security

Futurex solutions for card brands

Deploy Futurex payment HSMs on-premises or in the cloud to handle every aspect of transaction acquiring and payment card issuing. In addition to transaction processing, Futurex’s platform allows a turnkey EMV CA solution. EMV CA issues certificates and digital signatures to smart cards. These allow the cards to be validated by ATMs and point of sale (POS) terminals during payment transactions.

  • Payment HSMs handle card issuing and transaction acquiring
  • Key management servers establish EMV CA to authenticate smart cards
  • Deploy on-premises or in the cloud

The challenges for retailers

Retailers have a diverse list of cybersecurity needs. Their responsibilities include processing transactions, issuing payment cards, and protecting cardholder data in transit and at rest. While maintaining security, retailers often seek to reduce costs by limiting the scope of their compliance requirements. This requires functions such as tokenization and P2PE.

  • Process payment transactions
  • Issue store cards and mobile payment tokens
  • Encrypt cardholder data at point of sale
  • Tokenize data to minimize compliance scope

Futurex solutions for retailers

Futurex helps retailers protect cardholder data and limit compliance scope. Using Futurex payment HSMs to establish P2PE protects cardholder data from the point of sale (POS) onward. Futurex HSMs also help establish “vaultless” tokenization. Cardholder data is replaced with surrogate values (tokens) using format preserving encryption (FPE), which avoids providing irregular data to databases running format checks. Vaultless tokenization relies on hashes instead of encryption keys, making it compatible with software encryption solutions.

  • Store card issuing
  • P2PE to protect primary account number and reduce scope of PCI compliance
  • EMV CA to protect cardholder data
  • Vaultless tokenization: protects stored cardholder data; further reduces compliance scope by eliminating data in the clear
High availability architecture

In Futurex’s VirtuCrypt cloud, you can spin up cloud payment HSMs on-demand and assign them to device clusters. Simplify management, eliminate single points of failure, and perform updates with no downtime.

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Easy cloud migration

Our Solutions Architect team helps you seamlessly transition your cybersecurity infrastructure to the VirtuCrypt cloud. Configure and manage HSMs in real-time using the VirtuCrypt Intelligence Portal (VIP).

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HSM snapshots

Save instances of cloud HSMs for backup, migration, and testing environments. Use snapshots to build cloud HSM templates to deploy new devices faster and avoid configuration errors.

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In the cloud, on-premises, or a hybrid of both: Futurex delivers tailored cryptographic solutions to fit your business needs.

 

Any cryptographic function. Any size. Any scale. Any location.

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Explore financial services solutions

Flexible integration

The Futurex suite of data security solutions has been integrated into the largest financial services organizations, from high-volume payment processors to Tier-1 banks. These businesses have chosen Futurex technology because they trust its superior security, functionality, and operational resilience.

Beyond the versatility afforded by Futurex solutions, the financial services sector prefers Futurex devices for their simple integration into existing computer systems and the ease with which Futurex provides customized functionality specific to each client.

Deployment

With the market-leading Futurex HSMs available on-premises or through the VirtuCrypt cloud, your organization acquires comprehensive cryptographic functionality to keep your clients’ personal data as secure as their level of trust.

Configure Futurex HSMs through the VirtuCrypt Intelligence Portal (VIP) for ultimate scalability, operational resilience, threat detection, HSM snapshots, and cutting-edge orchestration.

Full compliance

We know that compliance is also a vital factor when choosing a provider, so we designed Futurex solutions from the ground up to adhere to all major industry compliance standards, including PCI DSS, FIPS 140-2 Level 3, and PCI HSM.

Logical and physical security

Futurex products, validated as Secure Cryptographic Devices (SCD), promote robust cyber security through tamper-responsiveness, reinforced chassis, dual bezel locks, and logical restrictions such as role-based permissions and dual control.

Scalability

Financial institutions have to stay up-to-date with the newest payment trends and technologies to offer their clients the best security and services available. Futurex HSMs offer scalable functionality and high throughput, with processing rates of over 25,000 TPS in a single device.

Through our built-in forward compatibility and commitment to innovation, financial services organizations rest easy knowing their cryptographic infrastructures are always ahead of the threat.

Architecture

Futurex products for the financial services industry offer a range of operations to provide a good customer experience and a strong cybersecurity posture.

EMV

Both EMV card preparation and EMV transaction processing are available with Futurex devices.

P2PE

Using Futurex HSMs, the financial services industry can create secure endpoint communication with point-to-point encryption of all user data.

Vaultless Tokenization

You can replace stored payment information with secure tokens, removing in-the-clear data and significantly reducing PCI compliance scope for financial institutions.

Public Key Infrastructure (PKI)

Create a PKI with full certificate trees and perform RSA transactions by using secure Futurex HSMs and key management servers for your financial institution.

What are the main advantages of establishing a PKI?

You can use the Futurex KMES Series 3 to establish a public key infrastructure (PKI). Businesses in the financial sector can create a secure environment to manage keys, issue digital certificates, mitigate cyber threats, and more.

A PKI creates the cybersecurity infrastructure with the following advantages:

  • prevent data theft by using mutual authentication
  • secure personally identifiable information through hardware-backed encryption
  • establish information security for all electronic communications
  • mitigate cyber risk through non-repudiation of transactions

ATM Remote Key Loading

ATMs, relied upon for diverse cash operations, are integral to any payment system. Futurex technology enables manual and remote key loading for maximum cybersecurity for financial services firms.

Centralized management

Monitoring and alerting capabilities

Futurex devices support a variety of detection and response technologies to mitigate cyber vulnerabilities.

Centralized management

Manage devices across an entire network through one server, promoting ease of use and decreasing risks resulting from human behavior.

Disaster recovery

In addition to the disaster recovery inherent in the physical hardware through redundant power supplies and ports, financial services companies can create a reliable infrastructure with the Guardian Series 3.

Futurex financial services solutions portfolio

Financial Key Management
Handle symmetric and asymmetric encryption, securing private keys for your PKI and offline root CA for authentication.
Online & Mobile PIN Management
Issue and validate PINs with secure, cryptographic modules and an established PKI for mobile and online operations.
Point-to-Point Encryption (P2PE)
Secure sensitive data endpoints compliantly with P2PE, making payment data unreadable from the point of capture.
Vaultless Tokenization
Protect valuable data with randomly generated, vaultless tokens to reduce risk and complexity.
Blockchain
Blockchain developers can use secure, scalable payment HSMs and key management servers across the cloud.
PCI DSS Scope & Cost Reduction
Secure financial payments with certified SCDs and HSMs that are industry-compliant (PCI DSS, PCI HSM, and PCI PIN).
ATM Remote Key Loading
Automate regular ATM encrypted key rotation with key management servers and key injectors to secure cardholder data.
POS & mPOS Remote Key Loading
Use RKL to send encryption keys to any type of device in any location from a secure central location.
Host Card Emulation
Use host card emulation to make mobile payments secured by financial HSMs efficient and inexpensive.
EMV CA
Use our turnkey solution and establish an EMV CA to issue compatible, secure smart cards and handle payments.

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