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ACI’s Encryption Plan at the Pump; Eye on BNPL; Stripe Acquires OpenChannel
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With At-Pump EMV a Work in Progress, Providers Look to Mask Card Transactions With Encryption
The switchover of gasoline stations in the United States to the EMV chip card standard has been a work in progress, but now products are emerging that can secure card data at the pump through a technology known as point-to-point encryption. Payments provider ACI Worldwide Inc. early Tuesday said it …
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Bluefin Device Encryption Roster Grows and other Digital Transactions News briefs from 3/4/20
Bluefin Payment Systems LLC said several devices were added to its PCI-validated point-to-point encryption listing.Forte Payment Systems, a unit of CSG International Systems Inc., launched BillPay, a billing product that features security enhancements, the ability for users to pay online, via kiosk, or in person, and other enhancements.Installment-payment specialist Splitit Payments Ltd. said …
Read More »Blackboard Picks Bluefin Encryption Service and other Digital Transactions News briefs from 12/12/18
Thales’s proposed all-cash acquisition of rival Gemalto received merger-control regulatory clearance by the European Commission. Effective immediately, the clearance is conditioned on Thales’s agreement to divest its general-purpose hardware security modules business worldwide. The deal still must clear regulatory hurdles in five other countries, including the United States. Bluefin Payment …
Read More »Updated PCI Encryption Spec Coming; PayPal Bans Infowars Payments; Apple Pay in Little Caesars’ App
The PCI Council Will Take Further Comments on an Updated Point-to-Point Encryption Standard
When security managers and executives gather this week for the PCI Security Standards Council’s annual North America Community Meeting, one of the topics sure to be on their minds is point-to-point encryption (P2PE) of payment card data. The Council reported Friday that it plans to issue a new version of …
Read More »Those Elusive Cannabis Payments; Bedeviled Bitcoin Acceptance; Bluefin’s Encryption Integration
Whatever Happened to Encryption?
Widely touted as a potent data-masking tool, encryption has been slow to take hold in the payments industry, despite a continuing plague of data breaches. Here’s what’s going on to change that. Kmart, Arby’s, Saks Fifth Avenue, Hyatt Hotels. Those are just some of the merchants that reported data breaches …
Read More »Cabela’s Using Ingenico Encryption and other Digital Transactions News briefs
• The number of merchants accepting chip cards increased to 1.4 million as of April 30, according to new data from MasterCard Inc. That’s a 17% increase from 1.2 million MasterCard reported in March. MasterCard also says 68% of all U.S.-issued MasterCard-branded consumer credit cards have an EMV chip. The …
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