Compass Plus Forms Strategic Partnership
Compass Plus, an international provider of innovative retail banking and electronic payments software for financial institutions and processors, has announced that its open development payment platform, TranzAxis, has now been fully certified to support Futurex’sExcrypt SSP9000 hardware security modules (HSMs). This new partnership with Futurex, a provider of secure, robust, and cost-effective data encryption security solutions, has extended the list of HSMs now supported by the TranzAxis payment platform.
Project Implementation Timeline and Partners
The project, which took less than two months to complete, was implemented in conjunction with Worldwide Financial Systems Solutions (WFSS), Compass Plus’ distributor in the Latin American and Caribbean region, during the migration of Global Processing Centre in Antigua (GPC) to TranzAxis. The certification has enabled customers, including GPC, to utilise Futurex HSMs for EMV data preparation and the card issuance process, as well as the secure authorisation and communication of sensitive data for Visa, MasterCard and UnionPay EMV cards.
FuturexExcrypt SSP 9900 Security Features
FuturexExcrypt SSP 9900 is designed to offer complete and robust transaction security at industry-leading speeds with features that not only meet, but exceed the security requirements from industry standards, including ANSI, ISO, FIPS, and PCI.
Executive Perspectives on the Collaboration
“Futurex is committed to partnering with leading providers of electronic payment software such as Compass Plus and integration experts like Worldwide Financial Systems Solutions,” said Ryan Smith, Chief Solutions Architect at Futurex. “We are pleased that the Excrypt SSP9000 HSM, part of our Hardened Enterprise Security Platform and VirtuCrypt cloud services, has been certified with the Compass PlusTranzAxis platform.”
