• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

New Gemalto Solution Allows HSM to Split Into Multiple Virtual HSMs

September 26, 2017

Gemalto has announced a new payment hardware security module (HSM) system that can be partitioned into multiple virtual HSMs.

New Gemalto Solution Allows HSM to Split Into Multiple Virtual HSMsCalled the SafeNet Luna EFT Payment HSM, the system could help to keep financial institutions’ cryptographic infrastructure more streamlined and less complicated. That’s because, as Gemalto explains, organizations offering digital services like digital, P2P payments generally use an individual HSM for each transaction; whereas Gemalto’s new solution can leverage one HSM for multiple such deployments.

In a statement announcing the solution, Gemalto Encryption Products SVP Todd Moore asserted that Gemalto’s SafeNet HSM already “has a proven track record of protecting over $1 trillion transactions worldwide every day,” adding that the new partitioning capability will help clients “to reduce hardware , improve cloud usability, and decrease transaction processing times all while maintaining the same level of security required by the financial industry.”

The solution arrives at a time when digital payments are increasing dramatically, with a recent report pointing to a substantial rise in mobile-based transactions alone, while Visa recently announced a QR code-based P2P payments system for merchants and PayPal is preparing to launch its own mobile payments app next year.

Filed Under: Industry News

Related News & Articles

Competition Commission Raids Swiss Banks Over Alleged Collusion Against Apple Pay, Samsung Pay

Gamers Can Wake Up And Log In To The Alienware 17 By Looking At It

Crossmatch Unveils Mobile Livescan Innovation at GIS 2016

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

Tweets

Sponsored Links

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • Amid Political Unease, Tunisia Launches Mobile ID Pilot
  • Colombia Pushes LATAM Partners to Accept Mobile ID at the Border
  • Onfido Explains How UK Privacy Bill Is ‘Positive Step’ In Global Patchwork
  • Greek Ministry of Digital Governance Delivers On Mobile ID Promise
  • Poll Results Show Android Users’ Surprising Biometric Preferences

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2022 MobileIDWorld