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.

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.

EMV

PYMNTS

SEPTEMBER 30, 2016

EMV: The three little letters that represent the single most hotly debated and discussed topic in the U.S. The walk to the liability shift in this market last October was technically four years long, but in reality, EMV didn’t become an absolute certainty until Dec. But it’s not just EMV.

EMV

PYMNTS

DECEMBER 21, 2016

There was a time when data breaches were not a daily part of consumers’ day-to-day lives. 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found out that their personal information has been in the hands of hackers for the last few years, mostly due to out-of-date encryption and an apparent unwillingness on Yahoo!’ But EMV had not exactly been a front-burner issue in U.S.

Breach

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

Transactions

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

PYMNTS

SEPTEMBER 26, 2016

Then, two and a half-years into the role, Galant had steadied the Verifone ship and capitalized on the transition to EMV in the U.S. Which makes the transition to EMV in the U.S. Which, Galant told me, explains why the EMV rollout in the U.S. When people say that EMV has taken too long, they are absolutely right.

EMV

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. RM: The LAC market experiences the same data breach risks as the U.S., On Tuesday (Mar. Is this an entirely new market for Bluefin? but unlike the U.S.,

Encryption

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.

Process

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.

EMV

PYMNTS

DECEMBER 9, 2016

Breaches may seem like a daily part of life in the information age, but as Intel noted in a recent whitepaper titled “Beyond PCI Compliance: Protecting Consumer Data and Brand Reputation,” the data targeted by cyberthieves and at risk is changing. And just as they are not well-protected, those data points are also hard to change.

CHIPS

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.

Data Security

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.

Contactless Payments

Evolve Payment

NOVEMBER 19, 2024

By completing the process and becoming compliant, you’ll: Be less prone to lawsuits related to data breaches and hacks. Protect yourself from fines and expensive charge-per-record fees after a breach. P2PE Merchants using only a validated, PCI-listed Point-to-Point Encryption (P2PE) solution. Keep your customer’s data safe.

PCI DSS

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.

Payment Security

PYMNTS

JANUARY 20, 2017

With hundreds of encrypting malware types available to cybercriminals today, the individuals perpetrating these malicious attacks are able to leverage various networks and applications to demonstrate their power and capabilities. ACI said fraud is moving more online partly because of the adoption of EMV chip cards in the U.S.

Phishing

Exact Payments

JANUARY 4, 2024

Adhering to these guidelines is essential for businesses to ensure the safe handling of credit card data, helping to minimize the risk of fraud and security breaches. Network hardware and software, like routers and firewalls, often come with pre-set credentials, making it easy for cybercriminals to breach your network’s security.

PCI DSS

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.

Debit Card

PYMNTS

JUNE 1, 2017

It is, of course, obvious that the internet has changed how the world gets its information and conducts its commerce, but the specters of fraud and data breaches are keeping the latter from reaching its true potential online. For businesses, 2014 was “the wakeup call” and a “banner year for internet crime.”

Online and Mobile Banking

Electronic Transactions Association

JANUARY 21, 2025

These fees fund essential services including encryption technologies, secure data transmission protocols, and authentication methods such as EMV chip technology and tokenization, significantly reducing data breach risks and card counterfeiting.

Fraud Prevention

BNG Payments

FEBRUARY 4, 2022

If your nonprofit hosts in-person events, do you need mobile card readers with EMV chip technology or a receipt printer? When card data is encrypted, even if its compromised in a breach, it's basically worthless because it cannot be decrypted.  Is the processor transparent with its pricing?

Credit Cards

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.

B2B

PYMNTS

AUGUST 5, 2016

What would is encrypting data at the POS. That means that counterfeiting can still be alive and well at the POS – unless merchants also encrypt POS data. But despite the breaches – and now over $200 million in funds stolen from virtual exchanges – bitcoin boosters like Jack Liu remain unphased. .

Bitcoin

PYMNTS

JANUARY 2, 2017

Concerns about whether password data was too easy of a target for fraudsters were only made worse as security breaches wreaked major havoc on companies and major political candidates alike. He pointed out that encryption and tokenization solutions have been among the most effective approaches to keeping data safe in the world of IoT.

ACH

PYMNTS

MARCH 7, 2016

The POS breaches that colored our world in payments starting at the tail end of 2013 set in motion a whole host of activities designed to protect payments data at the physical point of sale. Big merchants threw their support behind EMV as a way to avoid having counterfeit cards used in their stores.

Online and Mobile Banking

EBizCharge

MAY 12, 2025

This comprehensive guide will walk you through everything you need to know about secure payment processing systems, from how they work and why encryption and tokenization matter to practical steps for avoiding chargebacks and choosing the best gateway.

Process