Freeing from the On-Premises “Ball and Chain”
Financial services organizations have faced hurdles moving their payment application workloads to the cloud, in part because on-premises hardware security modules (HSMs) have felt like a “ball and chain.” Since the use of physical payment HSMs is mandated by payment and security regulations, financial services providers and retailers have long viewed on-premises HSMs as the only way to ensure compliance. It's tough to make the move to the cloud when the critical portion of infrastructure is on-premises.