Point-to-point encryption may pick up EMV's slack
Payments Source
APRIL 17, 2017
EMV is strictly an anti-counterfeiting measure that leaves several elements of the payment process untouched, and fraudsters are exploiting these gaps.
Payment Security: Everything You Need to Know About Secure Payments
Stax
MARCH 4, 2024
It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place. NFC payments, including digital wallets, are very secure, relying on encryption to mask the card number, further protecting cardholder information.
PCI DSS 
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Chargebacks Have Merchants Scared Straight (To EMV)
PYMNTS
APRIL 15, 2016
The EMV liability shift just hit the six-month mark , the force of mobile continues to strengthen, and industry players are shape-shifting their business models all while authenticating consumers just keeps getting more complex – and that’s the tip of the iceberg. Merchants have a lot going on these days. “I think that before Oct.
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Everything You Need to Know About Secure Payment Processing Systems
Stax
MARCH 15, 2024
The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.
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Red Roof Inn Goes EMV At The POS
PYMNTS
DECEMBER 7, 2016
Ingenico said Red Roof, which is already a client, chose to upgrade its current POS system to be more secure and EMV-ready. With the new POS terminals, Red Roof can accept any method of electronic payment, including EMV chip-and-PIN, chip-and-sign, magstripe, signature capture and NFC/contactless methods, including Apple Pay and Android Pay.
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PCI's not enough: Breach prevention needs chips and tokens
Payments Source
APRIL 20, 2018
EMV, encryption are all necessary to protect merchants from data breaches, writes Jeff Zimmerman, COO of Clearent. PCI compliance can't solve all security problems.
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P2PE’s role with merchants shifts after EMV
Payments Source
AUGUST 8, 2017
Point-to-point encryption (P2PE) advanced with the Payment Card Industry data security standard's updated guidelines in 2015, but the technology has not held the spotlight much since then.
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Bluefin Boosts Payment Encryption Within The LAC Market
PYMNTS
MARCH 8, 2017
Through the partnership , Bluefin’s PCI-validated point-to-point encryption (P2PE) solution will be used to help expand the data security for companies utilizing FAC’s payment gateway. On Tuesday (Mar. This partnership marks the growth of PCI-validated P2PE solutions globally, solidifying this technology’s importance in the payments industry.
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40 Bluefin’s PayConex Plus Payment Platform Gets EMV Certification From First Data
PYMNTS
APRIL 5, 2017
Bluefin Payment Systems, the provider of PCI-validated point-to-point encryption (P2PE) payment solutions for retail, health care and higher education, announced Tuesday (March 4) the EMV certification of its PayConex Plus Payment Platform by First Data, the global payment technology company.
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Stadium 1 select FreedomPay for encryption services
The Paypers
OCTOBER 4, 2016
(The Paypers) Stadium 1 has selected the FreedomPay to provide PCI-validated point-to-point encryption (P2PE) with EMV and tokenization.
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28 The Hairball That Is EMV Certification
PYMNTS
JUNE 2, 2016
By now the rollout of EMV in the United States is old news, with an October 2015 deadline that seems positively ancient in the rearview mirror, and the transition itself had been telegraphed as far back as 2011, with a template stretching back across a decade especially in Europe. In an interview with PYMNTS’ Karen Webster, Lars D.
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PAAY Partners With Bluefin To Further Secure eCommerce Transactions
PYMNTS
NOVEMBER 10, 2020
Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web. Getting the European Union on the path to 3D Secure 2.0
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Sterling Payment Technologies, Ingenico release EMV payment solution
The Paypers
APRIL 6, 2017
(The Paypers) Sterling Payment Technologies and Ingenico Group have announced the release of the EMV payment solution that supports tip adjust from the POS solution and point-to-point encryption (P2PE).
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What is 3D Secure Authentication and How Does It Work
Stax
AUGUST 20, 2024
The EMV 3DS solutions by EMVCo are: Verified by Visa or Visa Secure, MasterCard SecureCode, Discover ProtectBuy, and American Express SafeKey. This means implementing two-factor authentication, encryption, and tokenization measures to ensure that all customer data is securely stored and processed. Authentication?
Startup Revives Old Tool to Battle New Breed of Online Fraud
Payments Source
MAY 22, 2016
With the rise of online card fraud and the availability of new EMV and encryption technology, a San Mateo, Calif.-based based startup sees an opportunity to combine these new tools with a card reader called Chip Shield.
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New Chip Card Security Flaw Found
PYMNTS
AUGUST 4, 2016
This means fraudsters can continue to clone mag striped EMV cards and find them useful. The hole is made possible, according to reports, because retailers are not encrypting their transactions as part of their EMV upgrade. “There’s a common misperception EMV solves everything.
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Tap to Pay: What It Is and How It Works
Stax
NOVEMBER 13, 2023
EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Almost ten years later, the US tried the technology, and it was four years after that when all EMV cards became NFC-equipped. Safety and Security Within the NFC transaction process are encryption protocols to secure the data being transmitted.
What Is Debit Card Processing & How Does It Work?
Payment Savvy
JULY 3, 2024
Security Measures in Debit Card Payment Processing Here’s a breakdown of security measures employed in debit card payment processing: Encryption Encryption involves converting sensitive information (debit card numbers and personal details) into a coded format that is unreadable without a unique decryption key.
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Mobile Phones and the Future of Payments Beyond 2024
Clearly Payments
MARCH 22, 2024
At the heart of mobile payment systems are Near Field Communication (NFC), Quick Response (QR) codes, and secure elements such as encryption and tokenization. Encryption ensures that data transmitted during a transaction is scrambled and unreadable to unauthorized parties. Security is a critical component of mobile payment technology.
Bluefin Payment Systems Gets Two Patents
PYMNTS
JANUARY 10, 2017
Bluefin Payment Systems, the provider of PCI-validated point-to-point encryption (P2PE) solutions for retail, health care and higher education, announced Tuesday (Jan. Keyed, swiped, and EMV data from point-of-sale systems is protected via PCI-validated controls and encryption, the company said.
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How to Mitigate Credit Card Payment Risks
BNG Payments
JANUARY 7, 2022
To do so, you need to ensure that all of your web pages are encrypted and that you have a secure checkout process. Use EMV Terminals EMV stands for Europay, Mastercard, and Visa. An EMV card can be inserted or tapped onto a reader without the threat of another device picking up credit card data for fraudulent means.
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Deep Dive: Tackling mPOS Solutions’ Security Challenges
PYMNTS
MAY 13, 2019
There are several ways these attacks can be prevented, however, starting with EMV chip acceptance. EMV payments are more secure than those made by magstripe because cards’ stored information is uniquely encrypted whenever it is accessed. EMV and contactless payments .
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Bluefin Payment Rolls Out Cloud-Based Decryptx PCI
PYMNTS
OCTOBER 26, 2016
Bluefin Payment Systems, a provider of PCI-validated point-to-point encryption (P2PE) solutions for retail, health care and higher education, announced Tuesday (Oct. Keyed, swiped, NFC and EMV data from point-of-sale systems is protected via PCI-validated controls and encryption.
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FortisPay Buys Swype To Expand AP, ERP Capabilities
PYMNTS
JANUARY 11, 2021
FortisPay boasts its commerce platform, Zeamster, which can help deliver multichannel experiences, cloud EMV with point-to-point encryption, a full recurring commerce functionality, integrated invoicing and cost optimization.
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Creditcall Announces Availability Of Contactless Card Reader
PYMNTS
OCTOBER 25, 2016
Creditcall, the omnichannel Payment Gateway and EMV Kernel provider, announced the availability of the pre-certified Miura Systems M010 contactless card reader to independent software vendors (ISVs) and system integrators who can now choose from over 30 different device manufacturer and processor combinations.
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Bluefin Expands Visa Data Secure Platform Merchant Reach
PYMNTS
MAY 4, 2016
Bluefin Payment Systems, which offers point-to-point encryption (P2PE) solutions to several industries, including retail and health care, said on Tuesday (May 3) that it will also add the Visa Data Secure Platform (DSP) to its portfolio, through its Decryption-as-a-Service P2PE Solution.
SYSPRO Debuts ERP Solution To Help Companies Digitize
PYMNTS
JULY 28, 2020
In addition, the fully tokenized data and encrypted transmissions will help with security, and electronic check processing through ACH will reduce processing charges.
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Close Deals Faster With EBizCharge for Salesforce
EBizCharge
OCTOBER 17, 2023
EMV terminals: EMV terminals allow companies to accept in-person payments on a physical terminal. With advanced security measures like tokenization and encryption, EBizCharge can give your customers peace of mind, knowing their payment information is protected during checkout.
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Three Years After The Target Breach
PYMNTS
DECEMBER 21, 2016
customers found out that their personal information has been in the hands of hackers for the last few years, mostly due to out-of-date encryption and an apparent unwillingness on Yahoo!’s Which is not to say that EMV was not on the table before news broke of the Target breach — the liability shift was announced as far back as 2012.
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The Most Popular Credit Card Machines in Canada
Clearly Payments
MARCH 28, 2024
It supports a wide range of payment options, including NFC/contactless, EMV chip, and magstripe. Security: Look for machines with advanced security features, such as end-to-end encryption and PCI compliance, to protect your customers’ payment information.
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As ATM Fraud Jumps, We Need ATM Profiling
FICO
OCTOBER 12, 2016
As the US payment card infrastructure continues to move to EMV, fraudsters are turning their targets toward unattended self-service terminals, such as US ATMs, most of which have not yet been upgraded to read EMV chips. Globally, the European ATM Security Team reported a 19% increase in ATM-related fraud attacks from 2014 to 2015.
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64 Mastercard Introduces Remote Biometric Card Enrollment
PYMNTS
MAY 1, 2018
With the technology, their fingerprints are scanned by the sensors on their cards, and encrypted digital templates are created and securely stored. With the biometric card, consumers can have a secure experience at any EMV terminal either by contact or contactless payment.
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Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?
Stax
APRIL 18, 2024
Modern POS systems often come with built-in card readers capable of accepting various payment methods, including EMV chip cards, magnetic stripe cards, and contactless payments (NFC). EMV-compliant terminals are essential to process chip card transactions securely, reducing the risk of fraudulent activities.
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Why PCI Compliance is Critical for Businesses
Exact Payments
JANUARY 4, 2024
Cardholder data, such as the primary account number, cardholder name, and expiration date, is different from sensitive authentication data like CVV, track data, PIN/PIN Block, and EMV chip data. Encryption and tokenization, the process of replacing sensitive data with a non-sensitive token, should be employed to ensure data security.
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ACI: Fuel Sales Add Fire To C-Store Digital-First Efforts
PYMNTS
JANUARY 28, 2021
Convenience store owners, spurred by the looming EMV liability shift (the deadline is April of this year), have been making the investments necessary in the dispensers to accept smart cards, for example, and enable higher speed communications (through better data connections) to enable omnichannel experiences.
Rambus Brings Apple Pay To eftpos Cardholders
PYMNTS
OCTOBER 19, 2017
This partnership allows more than a million consumers to enjoy secure mobile payments using Apple Pay, leveraging our proven EMV tokenization software for trusted transactions.”. A unique device account number is assigned and encrypted, and each transaction is authorized with a unique security code.
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Moving To Safeguard PII, Bit By Byte And Chip by Chip
PYMNTS
DECEMBER 9, 2016
No longer are they focusing on credit and debit cards — those brazen attempts have been at least partly blunted by EMV and tokenization initiatives. Intel noted its own tech solutions for transactions, tied to hardware and encryption, focus on personal information and payment card data.
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Today In B2B: SBA Releases New PPP Loan Guidance; xSuite Secures Peppol Certification
PYMNTS
JANUARY 11, 2021
FortisPay boasts its commerce platform, Zeamster, which can help deliver multichannel experiences, cloud EMV with point-to-point encryption, a full recurring commerce functionality, integrated invoicing and cost optimization. Goldiam International Debuts B2B Website for US Retail Jewelry.
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55 Payments Security, With A Dash Of Humor
PYMNTS
JULY 14, 2016
Finally, there’s the Security Swatches segment, which gives what Vantiv terms “easy-to-understand” answers in order to get a sense of how to avoid pitfalls in processing debit and credit cards without the security features of EMV technology. The campaign continues through July 31 , 2016.
How Adopting Mobile Payments Can Help Your Business Grow in 2024
Stax
NOVEMBER 6, 2023
So, if you’re operating with older hardware that only accepts EMV chip cards and swiped credit and debit cards, it’s time to talk to your payment processor and enter the modern era. They often employ advanced encryption and tokenization technologies, ensuring that payment information is protected. Q: Are mobile payments secure?
Cybercriminals Targeting Apps
PYMNTS
SEPTEMBER 26, 2016
Even banks sending and receiving encrypted data must prove their identity to access the data, and some of these methods are weak. EMV payments have made it more difficult for criminals to steal using fake credit cards or by hacking into payment terminals software.
What is a Payment Processor?
Clearly Payments
DECEMBER 5, 2023
Secure Socket Layer (SSL) encryption became a standard, ensuring the confidentiality of sensitive information during online transactions. The past decade has been characterized by a focus on enhancing security measures, with the widespread adoption of EMV (Europay, Mastercard, Visa) chip technology.
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52 Another Day, Another zPay
PYMNTS
MARCH 31, 2017
“Our journey is, we have made our Ziosk future-proof for every form of payment — EMV, mag strip, NFC, Bluetooth, QR coded — this isn’t about making merchants or customers choose. The new payments solutions incorporated in zPay also utilize tokenization, encryption, P2PE and are fully PCI and EMV-compliant.
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Understanding B2B Payments: Exploring Payment Methods and Key Terms
EBizCharge
MAY 15, 2024
Payment gateways encrypt sensitive payment data, such as credit card details, ensuring secure transmission. The encrypted data is forwarded to the acquiring bank for processing, and upon approval, the payment gateway confirms the transaction to the customer and merchant. Each option has its advantages and drawbacks to consider.
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