{"id":15478,"date":"2024-10-04T08:32:07","date_gmt":"2024-10-04T08:32:07","guid":{"rendered":"https:\/\/popularreads.co\/jisa-softech-has-officially-launched-the-first-made-in-india-payment-hardware-security-module\/"},"modified":"2024-10-04T08:32:07","modified_gmt":"2024-10-04T08:32:07","slug":"jisa-softech-has-officially-launched-the-first-made-in-india-payment-hardware-security-module","status":"publish","type":"post","link":"https:\/\/popularreads.co\/?p=15478","title":{"rendered":"JISA Softech has officially launched the First Made in India Payment Hardware Security Module"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>3 Minute, 25 Second <\/div>\n\n <\/div>

JISA Softech, an Indian Deep Tech startup and first Indian OEM of HSM, has officially launched Payment Hardware Security Module (HSM), CryptoBind Payment HSM. This advanced technology is designed to revolutionize the way financial institutions manage cryptographic operations and safeguard sensitive payment information and transactions.<\/span><\/span><\/p>\n

The highly anticipated launch event took place on 30th August 2024 at the Global Fintech Fest<\/strong>, Jio World Convention Center, Mumbai<\/strong>. Attendees witnessed the unveiling of this advanced technology, which promises to redefine security standards in the financial industry.<\/span><\/span><\/p>\n

The CryptoBind Payment HSM brings a unique partitioning capability, allowing it to be divided into multiple virtual HSMs. Each partition operates independently, providing financial institutions with the scalability to encrypt more data and secure a broader range of financial transactions without deploying multiple HSMs. This advancement simplifies cryptographic operations and enhances the efficiency of security applications.<\/span><\/span><\/p>\n

Mr. Rumit Shah<\/u><\/span><\/span><\/a>, Director of JISA Softech, emphasized the significance of this development: “In today’s rapidly evolving financial landscape, the need for robust and scalable security solutions is paramount. Our CryptoBind Payment HSM is designed to meet this demand, offering unparalleled flexibility and security to our clients. By enabling financial institutions to manage multiple cryptographic tasks with a single HSM, we are helping them to streamline operations and reduce costs.”<\/span><\/span><\/p>\n

Ms. Isha Oswal,<\/u><\/span><\/span><\/a> CEO of JISA Softech, shared her thoughts on the launch: “The introduction of CryptoBind Payment HSM is a milestone in our commitment to providing top-tier security solutions. This product not only strengthens our position in the market but also demonstrates our dedication to innovation and excellence. We believe that CryptoBind Payment HSM will significantly enhance the security and efficiency of payment processing for financial institutions globally.”<\/span><\/span><\/p>\n

The CryptoBind Payment HSM provides a wide range of features and benefits including:<\/span><\/span><\/p>\n