Thales & Prime Factors’ 30 Year Collaboration Continues to Deliver Simplicity, Flexibility, and Security for Payment Applications

Thales recently announced the launch of the payShield Cloud HSM service, making it easier and more flexible for payment HSMs to migrate to the cloud. Our team at Prime Factors had the opportunity to be among the first to successfully test the new HSM service with our Bank Card Security System (BCSS) to ensure flexibility and full functionality of payShield in the cloud for BCSS customers. This latest collaboration not only marks another milestone in the joint BCSS and payShield offering but is also a natural extension of the ongoing collaboration between Thales and Prime Factors that goes back nearly three decades.

A great number of financial services companies buy off-the-shelf, turn-key payment applications, and we know that Thales has many great partners, many of which I worked with directly during my tenure at Thales, that deliver these types of solutions. But when it comes to organizations that want to build their own bespoke payment applications, BCSS can really help. In addition to making it faster and easier to implement and manage payShield HSMs, BCSS software also complements the hardware with key management, access controls, and audit logging and reporting for compliance. One could see this, in effect, as super-charging the payShield.

Viewing the partnership through a unique lens

For thirty years, Thales and Prime Factors have worked with joint customers to improve their payment security solutions — expanding globally across new markets, new deployment environments and operating systems, while supporting new technologies and features that help simplify payment security and meet evolving industry standards. Today, many of the world’s leading financial services companies across six continents trust payShield HSMs and BCSS software to secure their bespoke payment card issuance and acquiring applications.

I have had a unique vantage point for the relationship between Prime

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.