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Understanding POS Security: Protecting Your Business and Customer Data

VISTA InfoSec

Let’s look at some best practices you’ll want to implement to keep payment data safe from cybercriminals: 1. To keep your business secure, only engage with payment processors and vendors that comply with PCI DSS.

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Everything You Need to Know About Credit Card Processing

Stax

This means you’ll be able to accept chip cards as well as contactless payment methods like contactless cards and digital wallets like Google Pay or Apple Pay. EMV Compliance Most businesses are aware by now that EMV is the chip card technology that has been rolling out across the USA over the past few years.

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MagicCube, Sequent And Splitting The Data Security Difference

PYMNTS

Our platform provides a software container that lives inside an app and essentially functions like a hardware chip. The MagicCube — due to the unique configuration of its platform — is essentially designed to be a perfect emulator in software of what all that chip-based hardware technology does. Why is it better than what’s out there?

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Cost of U.S. Chip-and-PIN Would Far Outweigh the Benefit: Report

Payments Source

is weak because there is no PIN requirement to verify chip-card transactions, a process that is standard practice in other nations. Retailers insist that the EMV migration in the U.S.

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The DIY Approach To Retail Data Security

PYMNTS

The demand is likely due to the ongoing transition to EMV chip-and-PIN technology in the United States, which will eventually render these techniques largely useless. but the incident in its current status reveals the plain truth that retailers simply cannot afford to sit back and wait for a fix of industry-wide security problems that arise.

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The Anatomy of a Credit Card Transaction

Clearly Payments

Stage 2: Authentication and Security To prevent fraud, security measures are incorporated: EMV Chip Technology : EMV chips provide dynamic encryption for each transaction, making it harder to counterfeit cards. Tokenization : Converts sensitive card data into a unique token, reducing the risk of data breaches.

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Networks Attacks Rise as Physical, Web Breaches Decline

Payments Source

EMV chip card protections at the point of sale and a general corporate awareness of card data security are helping lower the number of data compromises worldwide. But fraudsters are moving quickly to bigger targets.