San Antonio, Texas – October 17, 2024 – Futurex, a global leader in enterprise data security, has announced a strategic partnership with Logos, a leading provider of electronic payment terminals and transaction solutions for industries such as fuel, car wash, EV charging, automated retail, and Mobility Hubs. The partnership aims to deliver robust security solutions related to fleet cards used in self-service payment terminals and addresses compliance and security challenges.
Logos has a longstanding reputation for developing and producing unattended payment terminals, industrial controllers, and back-end systems. With more than 40 years of experience and $3.5 billion in annual transaction volume, Logos specializes in integrating cutting-edge terminals, payment applications, and intuitive user interfaces to deliver seamless self-service payment experiences.
In response to growing security concerns and the need to meet PCI-DSS compliance, Logos sought a trusted security partner. Following its recent strategic collaboration with Verifone to advance unattended payment solutions, Logos has chosen Futurex as its unified security provider to strengthen its platforms further.
Logos selected Futurex's VirtuCrypt, a cloud-based financial platform known for its scalability and ease of deployment. Futurex’s global data centers and certifications, such as PCI DSS, PCI PIN, and PCI P2PE, offer a secure, platform-agnostic way to deploy cryptographic services across various industries and architectures. Additionally, with FIPS 140-2 level 3 accreditation and Futurex’s industry-leading support and professional services, Logos is now equipped with a robust solution to mitigate cyber risks and ensure future readiness with payment and general-purpose HSMs.
“By partnering with Futurex, we can ensure we deliver the required level of security to address the needs of our customer base, said Kenneth Jes Juliussen, Director of Engineering at Logos Payment Solutions. Futurex’s solution will enable us to meet PCI DSS regulations and general compliance requirements, helping to mitigate risk and future-proofing our business as we expand our global footprint.”
Benefits of the Futurex and Logos Payment Solutions Partnership:
- PCI Compliance: Futurex’s payment HSMs enable Logos to meet stringent PCI-DSS compliance standards, a critical requirement for securing payment systems.
- Enhanced Security for Unattended Terminals: This partnership significantly reduces the risk of fraud and data breaches by securing self-service payment terminals.
- Industry Leadership: Logos reinforces its position as a market leader by partnering with Futurex to ensure secure and compliant payment transactions across various industries.
Adam Cason, VP of Global and Strategic Alliances, added, “This partnership secures the future of payment transactions for key industries such as fuel cards and EV charging. Together, we’re enabling businesses to operate with the highest level of security, ensuring compliance and protection across all payment channels.”
For more information about Logos Payment Solutions, visit Logospayments.com.
For more information about Futurex HSMs and VirtuCrypt services, visit Futurex.com.
About Logos Payment Solutions:
At Logos, we are committed to driving innovation in payment solutions. From our roots in Denmark, we have evolved into a regional leader by delivering seamless, self-service payment experiences that focus on convenience, security, and efficiency.
With decades of experience, we provide cutting-edge solutions for industries like fuel cards, EV charging, and automated retail. Our dedication to excellence and customer satisfaction has earned us the trust of businesses across multiple sectors.
Today, we continue to lead by focusing on scalable, secure payment technologies, empowering businesses to thrive in the digital age on a global scale.
About Futurex:
For over 40 years, Futurex has been an award-winning leader and innovator in the encryption market, delivering uncompromising enterprise-grade data security solutions. Over 15,000 organizations worldwide trust Futurex to provide groundbreaking hardware security modules, key management servers, and cloud HSM solutions.
Futurex is headquartered outside San Antonio, Texas, with regional offices worldwide and over a dozen data centers across five continents. It delivers unmatched support for its clients’ mission-critical data encryption and key management requirements.