The document discusses key trends in merchant security and how a multi-layered approach can dramatically reduce risk. It outlines four major trends impacting payments security: EMV, tokenization, contactless payments, and advanced fraud prevention tools. Adopting technologies that complement each other can provide strong defenses throughout the payment processing chain. Early adopters of new security standards will gain a competitive advantage over those who wait.
Multiple tokenization schemes meet the merchantUlf Mattsson
Tokenization is used to solve many different problems, which explains the existence of several models. Merchants who tokenize their card data need to map the different token schemes to each other. Merchants utilizing a proprietary tokenization system and also use Apple Pay or other EMV token payments will store multiple tokens for the same card number. This is in conflict with an important reason why merchants adopted tokenization initially.Open standards standard for tokenization can be a solution to this problem. An open and universal tokenization standard can also help ensure sensitive personal information beyond just payment card account-level data will be more adequately secured across other US commerce channels.
EMV in the U.S.: Putting It into Perspective for Merchants and Financial Inst...- Mark - Fullbright
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
A SANS Whitepaper Written by Wes Whitteker
-----------
PrestaMonster.com is the provider of small and intermediate modules for Prestashop users. This site is informative and fun.
Multiple tokenization schemes meet the merchantUlf Mattsson
Tokenization is used to solve many different problems, which explains the existence of several models. Merchants who tokenize their card data need to map the different token schemes to each other. Merchants utilizing a proprietary tokenization system and also use Apple Pay or other EMV token payments will store multiple tokens for the same card number. This is in conflict with an important reason why merchants adopted tokenization initially.Open standards standard for tokenization can be a solution to this problem. An open and universal tokenization standard can also help ensure sensitive personal information beyond just payment card account-level data will be more adequately secured across other US commerce channels.
EMV in the U.S.: Putting It into Perspective for Merchants and Financial Inst...- Mark - Fullbright
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
A SANS Whitepaper Written by Wes Whitteker
-----------
PrestaMonster.com is the provider of small and intermediate modules for Prestashop users. This site is informative and fun.
Discover why accepting contactless payments can boost your small business, increase your customers, their average spend and isn't as expensive as you might think. This free guide has all you need to know about the fast emerging technology of contactless card payment.
This white paper examines the factors that have driven rapid adoption of tokenization among retailers and other merchants, and offers lessons from the PCI experience that can be applied to other industries and use cases.
FraudDECK includes pre-packaged business workflows for transaction surveillance across ATM & POS channels. It can be extended to facilitate surveillance of fraudulent transactions on other channels like mobile banking or payment transactions like Wire fraud or AML. For more information please visit: http://www.esq.com/transaction-surveillance/
Software for Payment Cards: Choosing WiselyCognizant
As the use of card-based payments continues to grow, financial institutions must improve their response times, strengthen their security, hone their future-readiness and enrich their business value. When selecting a commercial off-the-shelf (COTS) solution, banks must verify that the product and its support services are equipped to accommodate short and long-term business and IT objectives.
EMV Liability Shift: Why Financial Institutions Should Get Their ATMs in Line...NAFCU Services Corporation
For years the United States payments industry has resisted moves to switch from payment and ATM
cards that rely on the magnetic stripe (mag stripe) containing a card’s account information to “smart
cards” embedded with more secure microprocessor chips, which other countries began using in the
1980s. In the U.S., a strong telecommunications system has enabled credit and debit card issuers to
authorize virtually all transactions electronically. For more info: www.nafcu.org/vantiv
The fourth industrial revolution which is characterized by highly digitalized system, has
changed the way we do almost everything. That includes the financial system that has exerted pressure
to go on-line as in the case of electronic money. One of the variants of e-money is the use of Card
Loading System. In card loading system, the accountholder opens an account and given the card that
stores the value loaded into it.
Visa master card contactless payment in china_v1Kelvin Tai
This presentation is to give the overview of VISA/MasterCard contactless payment technology in China and suggest the way how VISA/MasterCard to improve the contactless payment POS in China as strategy move against the barriers posed by Unionpay
Discover why accepting contactless payments can boost your small business, increase your customers, their average spend and isn't as expensive as you might think. This free guide has all you need to know about the fast emerging technology of contactless card payment.
This white paper examines the factors that have driven rapid adoption of tokenization among retailers and other merchants, and offers lessons from the PCI experience that can be applied to other industries and use cases.
FraudDECK includes pre-packaged business workflows for transaction surveillance across ATM & POS channels. It can be extended to facilitate surveillance of fraudulent transactions on other channels like mobile banking or payment transactions like Wire fraud or AML. For more information please visit: http://www.esq.com/transaction-surveillance/
Software for Payment Cards: Choosing WiselyCognizant
As the use of card-based payments continues to grow, financial institutions must improve their response times, strengthen their security, hone their future-readiness and enrich their business value. When selecting a commercial off-the-shelf (COTS) solution, banks must verify that the product and its support services are equipped to accommodate short and long-term business and IT objectives.
EMV Liability Shift: Why Financial Institutions Should Get Their ATMs in Line...NAFCU Services Corporation
For years the United States payments industry has resisted moves to switch from payment and ATM
cards that rely on the magnetic stripe (mag stripe) containing a card’s account information to “smart
cards” embedded with more secure microprocessor chips, which other countries began using in the
1980s. In the U.S., a strong telecommunications system has enabled credit and debit card issuers to
authorize virtually all transactions electronically. For more info: www.nafcu.org/vantiv
The fourth industrial revolution which is characterized by highly digitalized system, has
changed the way we do almost everything. That includes the financial system that has exerted pressure
to go on-line as in the case of electronic money. One of the variants of e-money is the use of Card
Loading System. In card loading system, the accountholder opens an account and given the card that
stores the value loaded into it.
Visa master card contactless payment in china_v1Kelvin Tai
This presentation is to give the overview of VISA/MasterCard contactless payment technology in China and suggest the way how VISA/MasterCard to improve the contactless payment POS in China as strategy move against the barriers posed by Unionpay
LA GERENCIA Y CICLO DE VIDA DE LOS PROYECTOSElpale
La gerencia es la administración y organización de los proyectos, considerando que un proyecto es una secuencia bien definida de eventos con un principio y un final.
Enoc martine: Estas son pinturas surrealistas de distintos pintores, todas crearán en ti un efecto de ilusión que te encantará gracias a la creatividad puesta en cada una de las pinturas, se parte del mágico mundo del surrealismo, viendo esta presentación
Secure Payments: How Card Issuers and Merchants Can Stay Ahead of FraudstersCognizant
Our latest research reveals that merchants and card issuers should take a layered approach to mitigating risk, by working with consumers to improve fraud detection and prevention.
The recent batch of mega retailers that have been compromised, including Target, Neiman Marcus and Michaels, has revealed just how vulnerable payment systems are. Even with sophisticated tools, strong security policies, updated regulatory requirements such as PCI v3 and other measures to mitigate these attacks, hackers are still able to compromise the systems by taking advantage of inherent vulnerabilities in payment systems.
In this webcast, payment systems expert Slava Gomzin, author of Hacking Point of Sale: Payment Application Secrets, Threats, and Solutions, will show us how retailers such as Target were compromised, what went wrong, failures in PCI to address all vulnerabilities and how these types of breaches can be prevented in the future.
Webcast participants will also receive a free sample chapter of Slava’s book on “Payment Application Architecture,” which provides a detailed overview of how payment systems work, protocols and their weaknesses.
An overview of EMV technology. EMV is a fraud-reducing technology that can help protect against losses from the use of counterfeit and lost or stolen credit cards at the point-of-sale. Card data is stored in a smart chip; rather than the magnetic stripe. (Cards will be equipped with a magnetic stripe as well, but they will eventually be phased out.) This technology is often referred to as chip-cards, or smart-cards, and adds layers of security against counterfeit fraud and theft.
All You Wanted To Know About Top Online Payment Security Methods.pptxITIO Innovex
As online transactions become an integral part of our daily lives, the importance of robust online payment security methods cannot be overstated, especially when you want to start your own payment gateway business. Visit us at: https://itio.in/
An in-depth discussion of the key trends driving card-not-present transactions and the subsequent increase in demand for smart transaction security solutions; includes a detailed review of the various transaction security technologies and solutions available for merchants and issuers
The International Journal of Engineering and Science (The IJES)theijes
The International Journal of Engineering & Science is aimed at providing a platform for researchers, engineers, scientists, or educators to publish their original research results, to exchange new ideas, to disseminate information in innovative designs, engineering experiences and technological skills. It is also the Journal's objective to promote engineering and technology education. All papers submitted to the Journal will be blind peer-reviewed. Only original articles will be published.
Demystifying Attacks on Point of Sales SystemsSymantec
Cybercriminals have an insatiable thirst for credit card data. There are multiple ways to steal this information on-line, but Point of Sales are the most tempting target. An estimated 60 percent of purchases at retailers’ Point of Sale (POS) are paid for using a credit or debit card. Given that large retailers may process thousands of transactions daily though their POS, it stands to reason that POS terminals have come into the crosshairs of cybercriminals seeking large volumes of credit card data. Download our Attacks on Point of Sales Systems whitepaper for details on how POS attacks are carried out, and how to protect against them.
The E-commerce environment allows companies such as Amazon, EBay, PayPal, financial institutions, and other e-commerce companies alike to allocate services to the consumer over the Internet resulting in the luxury of consumers not visiting a physical store. However, with that luxury also welcomes the risk of threats such as hackers and their various attacks on e-commerce sites and its consumers. To mitigate such risks, adequate security tools are implemented by companies to protect consumers from being victims of identity theft. However, some of the security tools implemented can have limitations in regards to protecting the required assets. In addition, companies offering e-commerce services should invest in additional security controls to implement into their network infrastructure to ensure a safe online environment for their consumers.