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accessed from anywhere with an internet connection,
which has simplified deployment and management
for merchants and providers alike. Fong further noted
that modern TMSs have enhanced security to protect
against fraud and data breaches. Advancements in
encryption, tokenization and other security features
protect sensitive information, he pointed out, adding
that unlike monolithic predecessors, next-generation
TMSs can be integrated into other enterprise systems,
such as inventory management, CRM and accounting
software, to eliminate redundancies and streamline
operations.

Using advanced analytics, Fong added, modern TMSs
provide insights on transaction trends, customer
behavior, and operational performance. Fong also said
these insights can help merchants manage hardware
fleets and stay informed. Modern TMSs are mobile-
compatible, which makes them easy to access and
manage from anywhere on smartphones and connected
devices, he added.
Drive best-in-class security
Reflecting on recent changes in encryption
methodologies, Fong stated that encryption algorithms
have become more complex and offer greater security
against brute-force attacks. Modern key management
systems (KMS) enable service providers to securely
manage keys throughout their lifecycle, from
generation and storage to distribution. Remote key
injection, which distributes encryption keys over a
secure IP network, has also simplified KMS.

With looming threats of quantum computing attacks
that could potentially crack public key infrastructure,
Fong stressed the need for encryption methods that are
quantum-attack resistant, noting that post-quantum
cryptography is being developed to address this
challenge.Fong has also seen growing adoption of end-
to-end encryption (E2EE) that secures data in transit
and at rest. He explained that E2EE data is encrypted
on the sender's device and can only be decrypted by
the intended recipient.
Meet the new pull-through

A hundred years after Ford's gasoline jalopy roared
through the streets of Detroit, electric vehicle
manufacturers are remotely updating car firmware
and software. Some even sell directly to consumers,
disintermediating traditional car dealers. The pull-
through game has changed. With SaaS driving
recurring revenue, quarters no longer reset to zero.
And savvy distributors can get you the car or POS
device you want in any color. .
Dale S. Laszig, senior staff writer at The Green Sheet and founder
and CEO at DSL Direct LLC, is a payments industry journalist
and content strategist. Connect via email dale@dsldirectllc.com,
LinkedIn www.linkedin.com/in/dalelaszig/ and Twitter https://
twitter.com/DSLdirect.

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