Futurex Expands Key Management Leadership with Support for Verifone Remote Key Loading

Futurex, a leader in hardened, enterprise-class data security solutions, today announced a next-generation encrypted key loading (EKL) solution together with Verifone, a global leader in payment and commerce solutions. Remote key loading, which leverages encrypted key loading, is an essential part of managing point of sale (POS) terminals and PIN pad devices. This technology securely delivers encryption keys wherever they are in the world and fulfills PCI PIN 3.x and PCI P2PE requirements.

Futurex and Verifone have been working together to provide encrypted key loading functionality for over a decade, longer than any other solution in the industry. With both on-premises and cloud deployment models, Futurex’s latest generation of this technology takes the solution’s sophistication and versatility to new heights. Remote key loading enables users — point-of-sale terminal deployers, banks, encryption services organizations (ESOs), major retailers — to remotely inject encryption keys anytime wherever they are deployed, saving time, cost, and hassle. With the growth of mobile-based terminals, remote key loading has become a necessity, ensuring that the utmost security and compliance requirements are met.

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“Futurex technology powers more remote key loads globally than any other provider in the world,” said Ryan Smith, vice president, global business development at Futurex. “Our remote key loading solution gives customers the ability to distribute encryption keys wherever and whenever needed, to increase their agility and enable them to comply with the latest regulatory mandates.”

Futurex is expanding its remote key loading capabilities by introducing encrypted key loading for direct key injection environments, expanding RKL with additional terminal manufacturers, and supporting compliance changes and advanced algorithms (such as AES DUKPT). Futurex has enhanced remote key loading across its line of FIPS 140-2 Level 3 validated on-premises appliances: KMES Series 3 and Secure Key Injector (SKI Series 3), as well as its VirtuCrypt cloud services.

Futurex will demo the latest in remote key loading at the Futurex Virtual Summit 2021, on September 23, 2021, with guest presenter Joachim Vance, chief security architect, senior director product security at Verifone. Throughout the Summit — taking place Thursdays in September — industry experts will share cryptographic insights, trends, and announcements.

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