ExtraHop accelerates into 2017 with new SVP of mar... » SEATTLE: ExtraHop has announced that Bryce Hein has joined the company as SVP of Marketing and will ... Opengear deal with Hardware Group extends European... » Piscataway, NJ: Opengear has announced a new distribution agreement with Hardware Group serving chan... Veracity delivers essential data paper at the San ... » Prestwick: Veracity takes a leading slot in delivering a Paper explaining the critical differences w... Veracity to showcase expanded portfolio at Inters... » Prestwick: Veracity reflects its significant growth in the Middle East by announcing an enlarged com... IPSecurityCenter to help protect citizens at the... » CNL Software has announced that its award-winning technology will be utilized as part of the multi-a... Pulse Secure certified for U.S. Department of Defe... » SAN JOSE, CALIF: Pulse Secure has announced that Pulse Connect Secure 8.2 and Pulse Policy Secure 5.... ExtraHop predicts 2017 trends in IT, security an... » UK: ExtraHop has announced its top predictions for enterprise IT in 2017. Based on insight from cust... VTech takeover: Snom stays Snom » Berlin: Now being part of VTech, leading manufacturer of professional business IP phones, Snom Techn... Secure I.T. Environments delivers challenging Da... » London UK: Secure I.T. Environments Ltd has announced the completion of a new internal data centre f... TDSi’s new GARDiS range grabbed visitors' attent... » Poole: Integrated security manufacturer TDSi’s new range of GARDiS software was the star attraction ...

CLICK HERE TO

Advertise with Vigilance

Got News?

Got news for Vigilance?

Have you got news/articles for us? We welcome news stories and articles from security experts, intelligence analysts, industry players, security correspondents in the main stream media and our numerous readers across the globe.

READ MORE

Subscribe to Vigilance Weekly

Information Security Header

Cambridge: Thales, leader in information systems and communications security, and MagTek, a leading provider of secure transaction technology to the payment card industry, announce an integrated open source mobile payment solution that turns a merchant smart phone or tablet into a highly secure mobile payment system, allowing acceptance of credit or debit card payments anywhere.

 

The combined solution from MagTek and Thales delivers an easy to deploy, low cost, portable card acceptance solution with strong end-to-end security. Thales payShield 9000 hardware security modules (HSMs) deployed at the payment gateway integrate with MagTek’s DynaPro card acceptance device to establish high assurance point-to-point-encryption (P2PE). Payment Service Providers (PSPs) can now take advantage of the proven interoperability to develop their own mobile point of sale (mPOS) applications and provide merchants with a flexible, low cost mobile acceptance solution.

Steve Poulston, Managing Director, Europe at MagTek says: The industry is migrating towards P2PE and PSPs are busy defining their roadmaps. Thales is a long-term partner and, like us, has extensive expertise in the payment industry making them an ideal partner to provide the high assurance payment processing at the payment gateway. MagTek’s next generation, Open Source P2PE hardware devices along with Thales payShield 9000, provide independent PSPs with a comprehensive proven P2PE solution on which to base their mPOS offering.”

Ian Hermon, mobile payments specialist at Thales e-Security says: “Not many people in the payments industry anticipated the tremendous growth globally that mobile card acceptance has seen over the past year. A key enabler behind this innovation is the use of encryption. Although encryption has been used to protect PINs for many years it is now being deployed to ensure that payment data is protected right from the moment of capture. This opens up a new level of flexibility for both merchants and PSPs because data can now be routed through untrusted devices and across untrusted networks such as mobile phones. As a payment technology leader, Thales is working with innovators such as MagTek to deliver the same high levels of security to the mobile world as have become commonplace in the traditional in-store fixed terminal environment.”