Overview
Evervault is a comprehensive payments security and data protection platform designed to help businesses manage their sensitive data with utmost security, compliance, and flexibility. Here’s an overview of what the product does and its key features:
Core Mission and Functionality
Evervault’s primary mission is to make world-class data security effortless, allowing businesses to control their payments stack without the complexities of security and compliance. The platform is built to handle sensitive payment operations, ensuring that data is managed securely and efficiently.
Key Features
Payment Security and Compliance
Evervault enables businesses to tokenize cards, store card data with minimal PCI compliance impact, and reveal raw card numbers to users when necessary. This accelerates the time-to-market for card products from months to days.
Flexible Payment Processing
The platform allows for multi-processor payment setups, enabling businesses to avoid vendor lock-in, optimize payment costs, and improve acceptance rates by selectively routing payments to different payment processors.
Network Tokens and Card Insights
Evervault offers a Network Tokens API, which facilitates instant onboarding and easy integration with card networks for network tokenization. This service enhances payment processing by increasing authorization rates, reducing fraud rates, and lowering interchange fees.
3D-Secure Authentication
Evervault provides a universal 3D-Secure API that works independently of any payment processor. This API simplifies the 3DS authentication process into two steps: creating a 3DS session from the backend and handling challenge flows, fingerprinting, and redirects using client-side SDKs. This ensures high reliability, low latency, and a smooth user experience.
Secure Enclaves and Key Management
Evervault utilizes secure enclaves powered by AWS Nitro Enclaves to ensure that all sensitive operations take place in a highly secure environment. The platform supports enclave-backed key management for both payment and crypto wallet operations, ensuring keys never exist in plaintext outside the secure enclave.
Cross-Platform and Scalable
The platform is designed to be cross-platform, allowing implementation of payment flows across mobile, web, and APIs. It is also effortlessly scalable, capable of processing millions of transactions per day without affecting throughput or latency.
Encryption and Data Protection
Evervault employs a robust encryption scheme, the Evervault Encryption Scheme (EES), which includes AES-256 symmetric encryption and Elliptic Curve Diffie-Hellman keypairs. The platform manages encryption keys, key rotation, and provisioning, ensuring that sensitive data is always encrypted and secure.
Developer-Friendly
Evervault is built with developers in mind, offering plug-and-play integration with various third-party payment gateways, card issuers, or APIs. The platform provides full CSS-in-JS support and multiple base themes for UI components, making it highly customizable and easy to integrate into existing systems.
Conclusion
In summary, Evervault is a powerful and flexible platform that enhances the security, compliance, and efficiency of payment operations, making it an essential tool for businesses looking to manage their sensitive data securely and effectively.