The AuricVault® service story

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“It’s a scalable, future­proof solution where we could start with a small investment.”

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The AuricVault® service story

 

AuricVault was created from a need to protect sensitive information in the market place. The market place for the AuricVault® service is the need for businesses to protect Financial Data, Access Data and Identification Data so they adhere to current laws and data protection compliance rules. Auric Systems is a Level 1 PCI DSS Service Provider and maker of payment applications based on Payment Application Best Practices (PABP) now Payment Application Data Security Standard (PA DSS). Auric Systems International became a PCI service provider in 2004.

A user of our Trevance® payment application, a well know software publisher of office suite products who competed with Microsoft in 2007, contacted us about having to keep credit card information in their environment for an extended period of time in order to fulfill an extended warranty marketing initiative. Auric created the add-on product PaymentVault™, to our Trevance® and CN!Express® payment applications to store tokenized credit card numbers. The PaymentVault™ product met the requirement of separating the credit card from the personally identifiable information. PaymentVault™ is used by many of Auric’s Trevance® and CN!Express® payment application users. PaymentVault™ is available as a service or as a product deployed in our Payment Application (Trevance® or CN!Express®)

Building on the success of PaymentVault™, Auric Systems International developed and released the AuricVault® tokenization and storage service in 2014. The online market place was and continues to be under attack by cyber criminals bent on stealing sensitive information. The data being stolen is Financial, Identification and Access Data. The AuricVault®tokenization and storage service was developed to secure all types of data. Auric has active tokenization clients in more than fifteen countries, with deployments in a broad range of industries including e-commerce, aerospace, finance, healthcare, hospitality and mobile applications.

“We found in Auric Systems a reliable partner for handling our sensitive data at a fair price. Integrating the API in our systems an easy task. We literally had not one issue with the service in the last two years. Highly recommended.”

“Solid product, small business with people that you can personally trust, not just a call center.”

“It’s a scalable, future­proof solution where we could start with a small investment.”

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