payment security

First Data Corporation is partnering with VeriFone Systems on a new VeriFone edition of the First Data TransArmor solution for U.S. multi-lane and petroleum merchants.

The new solution will allow businesses who use VeriFone's MX 800 series of devices, Secure PumpPay and the Ruby point-of-sale (POS) solutions to take advantage of a complete security solution combining VeriFone's VeriShield encryption along with tokenization technology from RSA, the Security Division of EMC Corporation.

VeriFone Systems Inc has partnered with RSA, the Security Division of EMC, to market their conjoint end-to-end encryption and tokenization solutions as an integrated payment security offering to be branded VeriShield Total Protect.

When implemented, VeriShield Total Protect will use industry-proven security technology and leverage electronic payment systems deployed in the majority of merchants world-wide to provide a consistent, consolidated approach to protecting payment card data from end-to-end, both pre- and post-authorization.

ProPay (www.propay.com), ETA’s 2010 ISO of the Year and the provider of End-to-End Payment Security, credit card processing, and electronic payment services, announced today that it has launched ProtectPay Online Virtual Terminal (OVT). The new feature allows merchants to securely store their customers’ payment information in the ProtectPay Vault through the Online Virtual Terminal.

ProPay (www.propay.com) announced that it was ranked among the 2010 Inc. 5000 List of Fast-Growth companies for the second year in a row.

ProPay provides businesses of all size with secure tools to accept credit and debit cards through PCI DSS compliant merchant solutions. ProPay says that its main advantages are these:

Tuesday, Hypercom Corporation announced that both its Optimum T4200-2.0 countertop and M4200-2.0 mobile product lines have achieved PCI PTS 2.1 certification, the payment security standard previously called PCI PED.

New company’s countertop and mobile terminal product family appeared to be the first among the top three electronic payment providers to achieve this rigorous security standard.

Mocapay introduced its mobile solution that provides users with secure mobile payments regardless of hardware, tender type and transaction location.

"Our mobile payments platform ensures true anywhere, anytime mobile payments acceptance regardless of where the consumer wants to make a purchase or with which tender type the consumer chooses to use."

Transactions processed via Mocapay's "dynamic cryptogram" technology are executed in a simple and secure way with a one-time use and perishable authorization code.

 Hypercom Corporation, a global payment technology leader, today announced key initiatives to step up the payment card industry’s ability to attack payment card data fraud. Teaming with Voltage Security, Inc. the Company is bringing its Asia-Pacific-based EFTSec Server™ payment data encryption technology to North America, Latin America and Europe to deliver highly innovative and scalable cryptographic technology, and forming a global data protection business unit to address customer-specific security threats with five key approaches to data security.

73 % of consumers surveyed in the United States, France and Great Britain say that more stringent standards are required before they will trust the security of their credit card transactions. And almost half (46 %) are concerned about the potential for a security breach when paying with their credit or PIN-based cards, according to an international survey released by the Secure POS Vendor Alliance (SPVA), a non-profit business organization created by Hypercom, Ingenico S.A.

Hypercom, Ingenico and VeriFone, three payment industry participants, announced today about the formation of the Secure POS Vendor Alliance, a non-profit business organization chartered with implementing common payment security standards among vendors of secure point-of-sale (POS) devices used by retailers, acquirers and cardholders alike.