Logos Teams Up with Futurex to Enhance Payment Security and PCI Compliance

Copenhagen, Denmark – October 17, 2024 – Logos is thrilled to announce our new partnership with Futurex, a distinguished leader in enterprise data security solutions. This collaboration is set to significantly enhance the security of our unattended payment terminals across vital sectors such as refueling, EV charging, car maintenance, automated retail, and more.

As we continue to evolve, prioritizing the protection of customer data and maintaining compliance with industry regulations is more critical than ever. Recognizing the increasing security challenges in the payment landscape, Logos has chosen Futurex as our dedicated security partner. This partnership follows our strategic alliance with Verifone, further emphasizing our commitment to delivering state-of-the-art payment solutions that prioritize security.

By integrating Futurex’s VirtuCrypt—a cloud-based financial platform known for its scalability and ease of implementation—Logos aims to reinforce its security framework. This platform is equipped with essential certifications like PCI DSS, PCI PIN, and PCI P2PE, ensuring our systems meet the highest compliance standards. Additionally, Futurex’s FIPS 140-2 level 3 accreditation will provide us with robust tools to combat threats effectively.

“By partnering with Futurex, we can ensure we deliver the required level of security to address the needs of our customer base, said Kenneth Jes Juliussen, Director of Engineering at Logos Payment Solutions. Futurex’s solution will enable us to meet PCI DSS regulations and general compliance requirements, helping to mitigate risk and future-proofing our business as we expand our global footprint.” 

Benefits of the Logos and Futurex Partnership:

• Enhanced Compliance: Our integration with Futurex’s HSMs (hardware security modules) will help us meet essential PCI-DSS requirements, vital for maintaining secure payment systems.
• Increased Protection Against Fraud: This collaboration will strengthen the security of our unattended payment terminals, reducing the risk of fraud and data breaches.
• Leadership in Payment Technology: Partnering with Futurex solidifies Logos’ position as a leader in secure payment transactions across diverse industries.

Adam Cason, VP of Global and Strategic Alliances, added, “This partnership secures the future of payment transactions for key industries such as fuel cards and EV charging. Together, we’re enabling businesses to operate with the highest level of security, ensuring compliance and protection across all payment channels.” 

Discover Futurex’s security services at Futurex.com.

To learn more about our solutions, visit LogosPayment.com.