“The most consequential victims of the current China shock are not workers in Detroit or Stuttgart, but future workers in places such as Addis Ababa, Dhaka, Lagos, Nairobi, Phnom Penh, Surat, and Tirupur,” argue @shoumitro_c and @arvindsubraman.
📢 𝗝𝗨𝗦𝗧 𝗜𝗡: Marvell, Microsoft and Utimaco Launch Azure Payment HSM v2 for Cloud Payment Security - $MSFT $MRVL
👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:
➤ 𝗠𝗮𝗿𝘃𝗲𝗹𝗹, 𝗠𝗶𝗰𝗿𝗼𝘀𝗼𝗳𝘁 and 𝗨𝘁𝗶𝗺𝗮𝗰𝗼 launch 𝗔𝘇𝘂𝗿𝗲 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗛𝗦𝗠 𝘃𝟮.
➤ Platform combines 𝗟𝗶𝗾𝘂𝗶𝗱𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆 HSMs, 𝗔𝘁𝗮𝗹𝗹𝗮 software and Microsoft Azure.
➤ Service targets 𝗯𝗮𝗻𝗸𝘀, payment processors and financial institutions.
➤ Platform protects transactions, payment assets and 𝗰𝗿𝘆𝗽𝘁𝗼𝗴𝗿𝗮𝗽𝗵𝗶𝗰 𝗸𝗲𝘆 sovereignty.
➤ Customers can meet 𝗣𝗖𝗜 security and compliance requirements.
➤ Service eliminates managing dedicated physical 𝗽𝗮𝘆𝗺𝗲𝗻𝘁 𝗛𝗦𝗠 infrastructure.
➤ Marvell HSMs provide cloud-scale throughput and hardware-based 𝗸𝗲𝘆 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻.
➤ Azure provides a fully managed, elastically scalable 𝗰𝗹𝗼𝘂𝗱 service.
➤ Public preview begins 𝗦𝗲𝗽𝘁. 𝟭𝟳, 𝟮𝟬𝟮𝟲 in Western U.S. and Western Europe.
👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:
➤ Moves critical 𝗽𝗮𝘆𝗺𝗲𝗻𝘁 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 infrastructure toward fully managed cloud services.
➤ Reduces costs and complexity associated with customer-managed physical HSM infrastructure.
➤ Helps financial institutions scale payment security while maintaining 𝗣𝗖𝗜 compliance.
➤ Expands Marvell's cloud infrastructure exposure into regulated 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀 workloads.
👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:
𝗖𝗮𝗿𝘆 𝗨𝘀𝘀𝗲𝗿𝘆, Senior Vice President and General Manager, Multimarket Business Group, Marvell:
“Marvell, Microsoft and Utimaco have partnered to address the growing demand for cloud-scale payment services,” said Cary Ussery, senior vice president and general manager, Multimarket Business Group, at Marvell. “Combining best-in-class hardware, software and services to meet the performance, security and compliance demands of modern payment networks, the new solution will allow customers to scale their security capabilities without the cost and hassle of managing traditional dedicated payment infrastructure.”
𝗦𝗼𝘂𝗺𝘆𝗮 𝗦𝘂𝗯𝗿𝗮𝗺𝗮𝗻𝗶𝗮𝗻, Vice President of Cloud Security Engineering, Microsoft:
“By offering this new solution as a service on Azure, we’re removing the operational burden of managing payment specific HSMs so our customers can focus on innovation,” said Soumya Subramanian, vice president of Cloud Security Engineering at Microsoft.
𝗦𝘁𝗲𝗳𝗮𝗻 𝗔𝘂𝗲𝗿𝗯𝗮𝗰𝗵, CEO of Utimaco:
“We are proud to position our globally successful Atalla Payments Module in Microsoft’s multi-vendor HSM infrastructure provided by Marvell,” said Stefan Auerbach, CEO of Utimaco. “This is an industry first and provides excellent performance and maximum security to Microsoft and its payment customers.”