New Delhi, February 24, 2025 - Futurex, a leader in hardened, enterprise-class data security solutions and a leading payments provider, is delighted to announce that Maximus Infoware, a prominent payment infrastructure and digital enablement company, has integrated Futurex Excrypt Plus payment HSMs with their ASTRA Switching Solution to elevate its payment processing security and operational efficiency. Maximus achieves superior security, scalability, and flexibility by leveraging the benefits of Excrypt Plus hardware security module (HSM) technology.
The Maximus platform, known for its comprehensive ASTRA Universal Payment Switching Application, accepts multiple payment modes on each terminal and has been validated for high transaction integrity, speed, reliability, and security. Secured by Futurex v3 HSMs, any time a payment card is presented at a retail payment terminal, point-to-point encryption (P2PE) protects sensitive card and customer data by instantly encrypting it at the Point of Interaction (POI) itself. The information remains encrypted through transit until it reaches the secure boundary of a PCI HSM v3 validated HSM at the payment service provider/processor. The information is then safely decrypted using a secure key without fear of tampering and the transaction is approved or declined.
Futurex payment HSMs leverage advanced encryption algorithms and robust key management techniques to safeguard sensitive payment data.
"By integrating Futurex payment HSMs, Maximus has significantly strengthened its payment processing security and unlocked numerous operational benefits", said Ruchin Kumar, Vice President - South Asia, Futurex Inc. "We are proud to partner with Maximus and provide them with the power of our Excrypt Plus payment HSM solution to enhance their switching application security."
"Maximus Infoware is at the forefront of providing unparalleled convenience to customers and merchants while ensuring transaction integrity, speed, reliability, and security. We are thrilled to integrate our PCI HSM v3 certified HSMs capable of delivering virtually limitless scalability, interoperability, and integration with the Maximus payment platform, making it robust and tamper-proof," said Adam Cason, Vice President of Global & Strategic Alliances, Futurex Inc.
Maximus Infoware’s Managing Director & CEO V. Shankar remarked “As a leading payment engineering company, we are always at the forefront of implementing the best security features in all our applications and integration of our ASTRA Universal Payment Switch with Futurex payment and general purpose HSMs represents this drive for providing security excellence to our customers. The services we provide to banks, financial institutions, and fintech companies demand the very best in terms of transaction security, and we do not compromise on this aspect”.
The collaboration between Futurex and Maximus showcases the transformative potential of HSM technology in the payment processing industry. By leveraging Futurex's Excrypt Plus payment HSMs, Maximus can provide its customers with secure, efficient, and compliant payment services while driving business growth.
About Maximus:
Maximus is a global payment infrastructure and digital enablement company, offering a wide range of ecosystem solutions in the Payments, Reconciliation, Remote Monitoring and Self-Service domains. The Company’s offerings cater to banks, fintech companies, aggregators, transit, retail, and other customer service organisations. Its customer footprint spans 9 countries.
The Company’s USP is that it owns IPs of all its products, having developed them in-house and getting them certified.
Maximus performs varied roles; depending on the specific customer requirement, it acts as a business re-engineering consultant, system integrator, technology services provider and program manager. The Company is known for high-quality project delivery, committed customer centricity and exceptional technical support.
Please visit the link below to learn more about Maximus's portfolio of solutions.
https://www.maximusinfoware.in/solutions/payment-systems
Futurex and the APAC market
As Futurex has expanded its operations in the APAC region, it has had the unique opportunity to observe market conditions and emerging trends from the ground floor. To serve customers' needs throughout South Asia, Futurex has partnered with IT consultants, distributors, and government institutions to bring its services to various customers from every economic sector. Over the past year, Futurex has established data centers in India to bring edge computing advantages and cloud compliance to its customers. Futurex looks forward to further enhancing its presence in India and observing new emerging trends.
Futurex is trusted by central banks, fintech organizations, government bodies, and enterprises for protecting sensitive information like identities and Personal Identifiable Information (PII) through processes like PIN security, card acquiring, issuance, tokenization, eKYC, and encryption of confidential information. To safeguard sensitive information, the company works with CIOs, CTOs, and CISOs to identify and interpret the most significant data security trends that will likely unfold and impact economic and societal sectors.
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 to address mission-critical data encryption and key management needs. Headquartered outside of San Antonio, Texas, with a global footprint spanning dozens of data centers across five continents, it delivers unmatched support to its client’s mission-critical data encryption and key management requirements. Futurex serves customers across BFSI, E-Governance, Retail, Telco, and Automobile sectors in India, securing high-value transactions from its data centers in Mumbai and Hyderabad.
To learn more about Futurex's payment HSM solutions, please visit
https://www.futurex.com/products/hardware-security-modules/excrypt-plus-payment-hsm