BOSTON, Mass., July 10, 2018 – GMO GlobalSign (www.globalsign.com), a global Certificate Authority and leading provider of identity and security solutions for the Internet of Things (IoT), today announced that Cayan, a technology company focused on transformative innovations in payments and acquired by TSYS (NYSE: TSS) in January of 2018, is integrating GlobalSign’s highly scalable, cloud-based Public Key Infrastructure (PKI) service to improve ease-of-use and reduce the support costs of its Genius® payment processing platform. The Genius platform is a cloud-based payment processing platform that works on Internet connected mobile devices. The seamless integration with GlobalSign’s PKI service, capable of issuing more than 3,000 digital certificates per second, allows Cayan to issue SSL Certificates on all devices to establish encryption, mutual authentication and trust.
Previously, Cayan relied upon a private root to issue certificates for the Genius platform. However, because this model required custom trust configurations, it resulted in significant user support overhead for installation, configuration and management of the certificates. GlobalSign’s highly scalable cloud-based PKI service, which offers modern REST APIs, enables easy integration and is much more cost effective while providing the elasticity and automation that Cayan is seeking for their customers to grow into high volume deployments.
“We were quickly able to reduce cost for support and product configuration, while providing best in class security for our Genius payments platform by integrating with GlobalSign’s PKI-based technology. We now have automation to both issue and revoke certificates,” said Dominic Lachowicz, Senior Vice President of Engineering, Cayan. “If in the unusual case a terminal were stolen or tampered with, by revoking the certificate any intrusion would be limited to that one device.”
Another key benefit of the integration to Cayan is combining GlobalSign’s IoT certificates with the low-cost Domain Name System services that Cayan currently uses. This makes it easier for the company’s payment terminals to work in Dynamic Host Configuration Protocol environments. Prior to this, it would be necessary for Cayan to re-issue certificates that were valid for a terminal’s new LAN IP address. Now, the company can use the terminal’s serial number as part of the Fully Qualified Domain Name, greatly improving the ability to address the terminals while allowing Cayan to not have to re-issue certificates when the terminal’s LAN IP address changes. In addition, merchants are no longer required to plug a new LAN IP address into their Point of Sale configuration, which can occur when a router or terminal reboots if they’re not set up to issue IP addresses.
“We are thrilled to work with a leading payment technology provider such as Cayan,” said Lancen LaChance, Vice President, IoT, GlobalSign. “GlobalSign’s technology is enabling Cayan to improve ease-of-use at both a reasonable cost, and at a large scale. The Cayan team are forward thinkers, demonstrating it’s possible to both maintain high levels of security while improving their product’s value proposition. It’s a win-win situation for them.”
TSYS® (NYSE: TSS) is a leading global payments provider, offering seamless, secure and innovative solutions across the payments spectrum — from issuer processing and merchant acquiring to prepaid program management. We succeed because we put people, and their needs, at the heart of every decision. It’s an approach we call ‘People-Centered Payments®’.
Our headquarters are located in Columbus, Ga., U.S.A., with approximately 12,000 team members and local offices across 13 countries. TSYS generated revenue of $4.9 billion in 2017, while processing more than 27.8 billion transactions. We are a member of The Civic 50 and were named one of the 2018 World's Most Ethical Companies by Ethisphere magazine. TSYS is a member of the S&P 500 and routinely posts all important information on its website. For more, visit tsys.com.
Cayan® is a technology company focused on transformative innovations in payments. From simple and reliable payment processing, to fully integrated, multichannel customer engagement platforms, Cayan is continuously developing new ways to unlock the power of payments. Cayan's platforms include their Cayan® Unified Commerce Solution Suite™ and Genius® Platform - both are secure and scalable platforms that are fully configurable, tailored to a business's unique needs and easy to implement. Headquartered in Boston, the company has multiple offices in the United States and Belfast, Northern Ireland.
About GMO GlobalSign
GlobalSign is the leading provider of trusted identity and security solutions enabling businesses, large enterprises, cloud-based service providers and IoT innovators around the world to conduct secure online communications, manage millions of verified digital identities and automate authentication and encryption. Its high-scale PKI and identity solutions support the billions of services, devices, people and things comprising the Internet of Things (IoT). The company has offices in the Americas, Europe and Asia. For more information, visit https://www.globalsign.com
About GMO Cloud KK
GMO Cloud K.K. (TSE: 3788) is a full-service IT infrastructure provider focused on cloud solutions. Established as a hosting company in 1996, the company has managed servers for more than 130,000 businesses and now has 6,500 sales partners throughout Japan. In February of 2011, the company launched GMO Cloud to enhance its focus on cloud-based solutions. Since 2007, the company has also grown its GlobalSign SSL security brand through offices in Belgium, U.K., U.S., China and Singapore. For more information, visit https://ir.gmocloud.com/english/
About GMO Internet Group
GMO Internet Group is an Internet service industry leader, developing and operating Japan’s most widely used domain, hosting & cloud, ecommerce, security, and payment solutions. The Group also includes the world’s largest online FX trading platform, as well as online advertising, Internet media, and cryptocurrency related services. GMO Internet, Inc. (TSE: 9449) is headquartered in Tokyo, Japan. For more information, please visit https://www.gmo.jp/en/
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