Actionable Benefits
- Assess realistic timelines and priorities for Triple DES (3DES)-to-Advanced Encryption Standard (AES) migration across payment infrastructure.
- Identify the operational, interoperability, and economic barriers that will affect migration planning and investment decisions.
- Develop strategies to align AES migration with hardware refresh cycles, centralized key management initiatives, and broader crypto-agility objectives.
- Understand how payment ecosystem stakeholders can position themselves to support and monetize migration services.
Research Highlights
- Detailed analysis of the economic, operational, and interoperability barriers delaying migration from 3DES to AES across the payments ecosystem.
- Forecasts for AES adoption across global POS and ATM installed bases through 2031.
- Assessment of migration readiness among key stakeholders, including issuers, acquirers, processors, ATM/POS vendors, and HSM providers.
- Evaluation of payment industry standards, card scheme guidance, and national policy initiatives driving AES adoption.
- Competitive analysis of leading HSM vendors, including Entrust, Futurex, Magellan, and Utimaco, and their support for AES migration.
Critical Questions Answered
- Why is AES migration progressing slowly despite broad standards and Hardware Security Module (HSM) support?
- Which stakeholders face the greatest migration challenges and costs?
- How quickly will Point of Sale (POS) terminals and Automated Teller Machines (ATMs) transition from 3DES to AES?
- What role do standards bodies, payment schemes, and national regulators play in accelerating migration?
- How can organizations leverage AES migration to improve crypto-agility and prepare for future cryptographic transitions?
Who Should Read This?
- Payment security, cryptography, and key management leaders at banks, issuers, acquirers, and payment processors.
- Product and technology executives at ATM, POS, payment software, and payment infrastructure vendors.
- Security architects and infrastructure managers responsible for HSMs, transaction processing, and payment network modernization.
- Payment scheme, standards, and regulatory stakeholders involved in cryptographic policy and migration planning.
- Strategy, innovation, and risk management leaders evaluating crypto-agility and future cryptographic transitions, including PQC readiness.
Companies Mentioned
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