Gemalto, the world leader in digital security, announces that its complete strong authentication solution has been selected by PT Bank Muamalat Indonesia Tbk (BMI) to enhance the security of their internet banking platform. BMI is the first bank in Indonesia to introduce innovative services adapted to Islamic financial practices, operating 456 outlets spread across 33
Kili Technology Corporation, a rapidly growing developer of secure, low-cost payment processing solutions, announced the industry’s most highly integrated line of secure Solution-on-a-Chip (SoC) processors for payment processing applications. Offering more functionality than any other controllers for payment processing on the market today, this new line of processors and supporting firmware allow designers to quickly
Payment credential management specialist, Bell ID, has launched its Tokenization Manager software. The solution will be used by card issuers and merchants to enhance security and limit fraud by facilitating tokenized payments. EMV payment tokenization is the process of replacing a personal account number (PAN) with a unique identifier, known as a ‘payment token’. The
The European Banking Authority (EBA) published a consultation paper on the implementation of its Guidelines on the security of internet payments. These Guidelines are the first output of the joint work undertaken by the EBA and the European Central Bank (ECB) on the security of payment services. The consultation will run until 14 November 2014.
goSwiff, a leading innovator in mobile commerce and marketing services, launched a new goSwiff PINPad card reader to boost the efficiency and security of cashless mobile transactions across a range of markets. With consumers increasingly demanding mobile solutions and services, the ability to facilitate payments anywhere and anytime is crucial for the merchants. goSwiff’s pocket-sized
Gemalto, the world leader in digital security, announces that Nedbank Ltd, a leading commercial bank in South Africa, is deploying its Ezio eBanking solution to provide their wholesale customers with unmatched online transaction security and superior convenience. Gemalto also provides Nedbank with consulting services, device fulfillment to the end users, and operates remote management of
With more payment providers offering comprehensive mobile wallets that allow consumers to store multiple card accounts and conduct transactions via mobile devices, the need for security increases exponentially. To deliver these additional security features, Computer Services, Inc., a provider of end-to-end technology solutions that empower financial institutions to remain competitive, compliant and profitable, supports tokenization
Businesses are rapidly adopting a third-party operations model that can put payment data at risk.The PCI Security Standards Council, an open global forum for the development of payment card security standards, published guidance to help organizations and their business partners reduce this risk by better understanding their respective roles in securing card data. Developed by
MasterCard has announced enhancements to its industry leading security efforts, providing U.S. cardholders with greater protection from fraud and identity theft. “Fraud prevention and detection is a 24/7 job at MasterCard. The changes that we’re making in cardholder protection combined with our efforts to move the U.S. payments industry to EMV chip technology will help
Following recent cyber-attacks and data leaks on retail giants Target and Neiman Marcus over the festive period, data security and forensics experts Foregenix have announced the launch of their latest data security solution that reduces the root cause of online fraud – Foregenix Security Essentials (FSE). This integrated solution reduces the risk of attacks on
