MYHSM, a company that provides Payment Hardware Security Modules (HSMs) as a Service, has announced that it will support ACI Worldwide’s cloud-deployed solutions.
The move enables the addition of MYHSM’s cloud-based Payment HSM service to ACI Worldwide’s solutions.
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ACI Worldwide’s Universal Payments (UP) portfolio of solutions enables swift payments across the world.
MYHSM’s Payment HSM as a Service provides online access to payShield Payment HSMs. These HSMs, manufactured by partner Thales, secure card and mobile payments.
MYHSM CEO John Cragg said: “Our collaboration with ACI facilitates the smooth implementation of an all-cloud solution, with mutual users set to benefit from reduced investment needs and cost of ownership, greater flexibility and agility, reduced regulatory burden and easy scalability.
“While we believe that more banks will be pursuing cloud payment deployments in 2020 and beyond, those users that prefer to run ACI’s UP solutions on premise can still make use of the MYHSM service as a production platform for Payment HSMs and as a cost-effective, flexible testing facility.”
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By GlobalDataACI Worldwide head of Public Cloud Ciaran Chu said: “More financial institutions are embracing full cloud or hybrid deployments as part of their digital transformation strategies, due to increased agility and reduced capital expenditure.
“But to maximise the potential benefits requires cooperation and collaboration on the vendor side—especially when it comes to ensuring security.”
Notably, MYHSM partnered Equinix last month. As agreed, Platform Equinix will be hosting MYHSM equipment.
