TITLE

Banks to Merchants: Are You There Yet?

AUTHOR(S)
Fest, Glen
PUB. DATE
August 2007
SOURCE
Bank Technology News;Aug2007, Vol. 20 Issue 8, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses issues related to the Payment Card Industry (PCI) Digital Security Standard compliance among retailers and clients in the U.S. According to Dave Howell of PCI Solutions, smaller companies, specifically those that lack experience with encryption or data access privileges, are finding it hard to comply with the standards. TowerGroup bank's Brian Riley has observed that financial institutions are helping their clients by offering compliance assurance programs.
ACCESSION #
27213579

 

Related Articles

  • Heartland Raises the Table Stakes. Sausner, Rebecca // Bank Technology News;Sep2009, Vol. 22 Issue 9, p20 

    The article focuses on the E3, an end-to-end encryption process from Heartland Payment Systems Inc. which is claimed would impact the security of financial system in the U.S. It is noted that the E3 started at the point of sale, with a module that borrowed security technology from ATM World. It...

  • ISO SAYS IT HAS DEVELOPED ENCRYPTED PAYMENT SYSTEM.  // CardLine;2/20/2009, Vol. 9 Issue 8, p20 

    The article reports on the payment system devised by ProPay Inc. that encrypts sensitive cardholder data throughout the entire time it travels to the processor in the U.S. According to Mark Johnson, ProPay chief information officer, with ProPay's ProtectPay system, transaction data is encrypted...

  • Start-Up Devises POS Security for Chip Cards. Wolfe, Daniel // American Banker;7/29/2008, Vol. 173 Issue 145, p11 

    This article reports that Miri Systems LLC has developed security measures for blocking card skimming for contactless payment cards that have embedded chips. Miri goes further than traditional security measures by providing encryption of one-time use verification codes so that merchants will not...

  • Better Bets in Data Safety. Geater, Jon // American Banker;10/22/2010, Vol. 175 Issue F341, p8 

    The article present the author's views on the Payment Card Industry (PCI) Security Standard, in light of the PCI Security Standards Council's planned release of an updated version on October 28, 2010. The differences between tokenization and encryption technologies are mentioned. Scalability and...

  • Card Security's Triple Crown: Processes, Technology And Standards. Corcoran, Aldan; Molloy, Fergal // ISO & Agent Weekly;4/3/2014, Vol. 10 Issue 13, p13 

    The article discusses the harmonized use of standards, processes and technology in payment security. Topics covered include the definition of best practice processes under the payment card industry's PCI DSS specifications, the use of encryption and tokenization, and the distinct and...

  • IS IT REALLY WAR?  // Bank Technology News;Oct2013, p11 

    In this article the author focuses on the cyber war facing the banking industry worldwide. It states that banks compete for greater market share that demands more online and mobile presence and in this banks meet not so friendly governments, powerful criminals, petty thieves and others. It...

  • Taking a 'Quantum Leap' in Data Security.  // Community Banker;Jul2005, Vol. 14 Issue 7, p62 

    Focuses on the benefits of using quantum key encryption in securing data to banks according to a report from TowerGroup released in May 2005. Details of the system; Vendors of the system; Disadvantage of the system.

  • Digital Signatures: Worth the Paper They're Written On? Keenan, Charles // Community Banker;Nov2005, Vol. 14 Issue 11, p20 

    The article explores the issues related to the use of digital signatures in the U.S. With the passage of the Electronic Signatures in Global and National Commerce Act, financial institutions were given approval to use digital signatures. However, community banks are far from making digital...

  • Click 'em up! Bank robbers have gone high-tech. Solnik, Claude // Long Island Business News (7/1993 to 5/2009);6/9/2006, Vol. 53 Issue 24, p5B 

    The article discusses the strategies of banks to secure electronic systems and protect customers against data theft in the U.S. Bank robbers are now using high technology instead of a gun. With this, banks are furthering electronic security running tests, setting up patches and averting threats...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics