HSM-as-a-Service Reduces Time-to-Market and Costs for the Growing Fintech Market
HSM-as-a-Service Reduces Time-to-Market and Costs for the Growing Fintech Market
2 PagesSWAP, a Brazilian fintech startup, needed to comply with PCI DSS while launching its payment services during the COVID-19 pandemic. Lacking the infrastructure for secure data processing, it partnered with Thales and First Tech to implement Thales payShield 10K in an HSM-as-a-Service model called HSM off Premises. This cloud-based solution provided certified security, professional support, and scalability without costly on-premises setup. Within two months, SWAP quadrupled its client base, accelerated card issuance, and positioned itself as a digital payments innovator, expecting 30–40% annual growth.
