MYHSM, a UK-based firm that provides Payment Hardware Security Modules (HSMs) as a Service, has entered into a collaboration with Equinix.
As part of the agreement, Platform Equinix will host MYHSM equipment. Additionally, MYHSM will also utilise Equinix connectivity services.
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Payment HSMs are an essential component to secure payment processing and card issuing systems. MYHSM provides clients with a suite of managed services as an alternative to deploying Payment HSMs in the traditional own-and-operate way.
With this partnership, MYHSM seeks to bolster its position as a world-wide service provider.
The partnership is also expected to expedite access to Payment HSM capabilities as a cloud service.
Furthermore, it will help MYHSM to address security requirements of the firms operating within the global payments ecosystem.
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By GlobalDataMYHSM CEO John Cragg said: “MYHSM is delighted to be working with Equinix, which is a real enabler for the payments industry. We are now partners with the global leader in interconnection as well as with Thales, the global leader in Payment HSMs.
“These partnerships put us in pole position to meet not only the existing demand for Payment HSM as a Service but also the explosive growth being generated by the dash for the cloud which is happening all around us.”
Equinix director of Business Development Lance Homer said: “Our collaboration with MYHSM is a great addition to our comprehensive financial services ecosystem available on Platform Equinix.
“We are now the first company to host and provide connectivity for global Payment HSM as a Service using the Thales payShield.”
