First Successful ARX Migration in Israel Uses Futurex HSMs for Secure Payment Environments

TEL AVIV, Israel, 19 August, 2020 — Futurex, Stanchion, and Credics Technologies Ltd are working together to support financial institutions in Israel to manage data encryption for their operations, including those that are migrating from the ARX hardware security modules (HSMs) to modern platforms. Together, they have invested in the development of a fully compatible and compliant HSM solution to distribute and support Futurex’s HSM solutions. Futurex announced it has deployed its Excrypt Plus HSM in Israel, where customers have successfully used system integration services from locally based Credics Technologies Ltd. who supplied the toolset that speeds up and de-risks the migration of the ARX HSM environment to the Futurex HSM environment. The end clients are using Futurex’s HSMs to manage the security authentication of a card issuing platform and acquiring ATM transactions. Following the announcement that ARX is ending support and maintenance for its product line as it exits [...]

Aug 19th, 2020|News|

Stanchion Payment Solutions appoints Kevin Blackwell as MD for the Middle East

Stanchion Payment Solutions, a global specialist in payments systems and integration, has appointed Kevin Blackwell as its new managing director for the Middle East. Kevin replaces Steven Kirrage, who was appointed as Stanchion's global CEO in March this year. Based in Dubai, Kevin will lead Stanchion's growth in the strategically important Middle East territory. He joined Stanchion in 2017 as Business Development Director and has a deep understanding of the payments industry and the Middle East region. Before joining Stanchion, Kevin was programme director at Ericsson in Dubai. Kirrage says: "Kevin has deep insight into our customers' businesses, the Middle East region and the payments market. I have worked closely with him to advance Stanchion's position in the Middle East since 2017 and I am confident that he is the perfect candidate to lead our growth and take the business to new heights of success." Adds Kevin: "I am excited [...]

May 7th, 2020|News|

Steven Kirrage appointed as CEO at Stanchion Payment Solutions

Stanchion Payment Solutions, a global specialist in payments systems and integration, has announced that it has appointed Steven Kirrage as its global CEO with effect from the 16th March 2020. Graham Williams, the outgoing CEO, will assume the position of Chairman and will continue to provide strategic guidance to the board. Based in Dubai, Kirrage is currently a director at Stanchion. He has been with the company for more than seven years and has three decades of retail and payments industry experience. Before joining Stanchion, Kirrage held the positions of Divisional General Manager - Middle East & India and Sales Manager - Eastern Europe and the Middle East at the S1 Corporation, and worked for blue-chip companies like Omron and Alcatel, in sales, product management and marketing positions Says Williams: “We have built a strong platform for Stanchion’s continued international expansion in the years to come and have met many [...]

Apr 8th, 2020|News|

Stanchion Appoints Norman Frankel as MD for Europe

Stanchion, a leading payments fintech solutions company, has appointed Norman Frankel, as Managing Director for Europe and the UK bringing significant payment industry experience with him. Frankel, who will be based in the UK office, will help Stanchion to unlock growth opportunities across the region and to refine its offering for the European market. Frankel has more than 25 years of experience in the payments industry, with deep expertise in digital and Customer-Not-Present (CNP) channels. As the founder and CEO of Mi-Pay, Frankel led a successful prepay CNP business to a listing on the London AIM Stock Exchange and to joining ePay, the world’s largest retail top-up and digital content processor. Apart from establishing Mi-Pay, Frankel has held senior positions at iCyber-Security, ePay, NatWest Bank and Logica (now CGI). In addition to his exposure to Stanchion’s technology as a user at Mi-Pay and as a business partner at Logica, Frankel [...]

Apr 9th, 2019|News|