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OpenWay and Eracom Technologies bolster WAY4 EMV Card Issuing solution with turnkey transaction encryption

Integration of the WAY4 EMV Card Issuing solution, developed by OpenWay, and Eracom Technologies’ ProtectServer Orange External transaction encryption module allows banks and processors to get the most from chip card issuance

February 3, 2005 - Brussels, Belgium and Krefeld, Germany

WAY4 announced today the integration of the WAY4 EMV Card Issuing Solution with the Eracom Technologies ProtectServer Orange-External hardware security module (HSM). Now, an organization can integrate a pre-tested EMV solution that delivers FIPS 140 Level 3 certified cryptographic transaction security.
Previously, card issuers had to select components from individual suppliers and then face the complexity of integrating these various technologies together. The successful integration and testing of the WAY4 EMV Card Issuing Solution and the ProtectServer Orange-External HSM means that a single solution is available to provide a complete EMV card issuing capability. Delivered pre-integrated and tested, this will dramatically reduce the costs, complexity, final deployment and testing time within an EMV project.
WAY4 EMV Card Issuing is a comprehensive solution developed to manage and streamline data preparation and electronic personalization of magnetic and EMV cards. Depending on the issuing volume and personalization type (in-house or outsourcing), the WAY4 EMV Card Issuing solution can support data preparation, PIN generation, PIN envelope printing, electronic chip personalization, workflow management and other functionality. By supporting major payment card types and personalization hardware, WAY4 EMV Card Issuing can enable a wide range of financial and multi-application solutions.
ProtectServer Orange-External is an intelligent Hardware Security Module designed to allow flexible and cost-effective deployment of hardware based encryption via a TCP/IP network connection. Commonly employed within the worlds leading financial institutions, ProtectServer Orange-External specifically delivers the highest level of transaction security with its FIPS 140 Level 3 certified core, and is therefore particularly attractive to innovative EMV applications such as WAY4 EMV Card Issuing.
"The development and marketing of the WAY4 EMV Card Issuing solution is guided predominantly by both the EMV requirements of in-house centers as well as 3rd party personalization bureaus”, stated Andrew Vereninov, Director of OpenWay. “These bureaus are interested in switching to a flexible and stable EMV personalization platform within their project limits and keeping their existing infrastructure. By integrating ProtectServer Orange-External with the WAY4 EMV Card Issuing kit, we can provide our clients with a whole range of comprehensive secure solutions for EMV personalization of any scale and high technological effectiveness, that can be deployed rapidly mitigating the risk of integration problems."
“Eracom Technologies pioneered the ‘network capable HSM’ as early as 1987, leading to ProtectServer Orange-External being one of the first hardware security modules approved by international payment systems. This significant achievement is recognition and a statement toward our credibility to deliver global industry leading data encryption technology”, states Ansgar Dodt, Managing Director of Eracom Technologies, EMEA. “The basic reason for ProtectServer Orange-External’s widespread global use and attractiveness to EMV applications is its high-level certified protection of confidential data and encryption keys on logic and physical levels. Additionally, it’s reliable internal architecture, significant device capacity, and easy-to-customize module configuration, coupled with a diversified pricing policy, also contributes considerably to its global popularity within the financial services sector”.
Eracom Technologies

As an ongoing pioneer of cryptographic technology for over 25 years, Eracom Technologies delivers proven, trusted security solutions to a wide range of leading blue chip companies and large governments throughout the world.
In the last quarter of a century, Eracom Technologies’ pioneering approach to development and continual innovation has earned it a leadership position in the IT security and payment technology industries. Eracom Technologies delivers transaction security solutions via Hardware Security Modules (HSMs) and enables Privacy of Information through its Full Disk Encryption plus File and Folder Encryption software.
Eracom Technologies has built itself upon a unique competence in both HSM technology and data encryption software. This rare level of combined knowledge and skill set, coupled with a diligent customer centric culture, enables Eracom Technologies to rapidly respond with tailored encryption solutions to meet evolving government and enterprise data security needs.

OpenWay Group

OpenWay Group was founded over 15 years ago. We develop WAY4, an innovative e-payment processing framework for banks, payment processors, telcos and petrol companies.

OpenWay was initially headquartered in Brussels, Belgium with one R&D team there and another in St. Petersburg, Russia. Today we are a global company with 10 offices and 130 customers around the world.

Our portfolio consists of WAY4 Card and Merchant Management, Financial Switching, Personalised Channel Banking, Prepaid Cards, E-Commerce, Mobile Payments, Digital Wallet, DCC, Fuel Cards, and other solutions.

Our customers include tier-1 giants, mid-size companies, and ambitious start-ups:

WAY4 live installations consistently demonstrate high performance; for example, 90 million cards issued and authorized on a single platform and 12 million POS/ATM clearing transactions processed daily by a single acquirer.

OpenWay, known for its commitment to long-term relationships, both serves customers locally and provides global support. Today our team unites approximately 500 payment business, digital technology, and security professionals.


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"...By integrating ProtectServer Orange External with the WAY4 EMV Card Issuing kit, we can provide our clients with a whole range of comprehensive secure solutions for EMV personalization of any scale and high technological effectiveness".


You can contact us at:

Marketing Department
OpenWay Group
marketing@openwaygroup.com


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