CloudSigma and OpenVPN partner to provide secure, ... » Palo Alto, Calif: CloudSigma has announced that it has partnered with OpenVPN to develop a software ... Check Point launches new 13800 and 21800 Data Cent... » Check Point has launched two new security gateways aimed at demanding, high-bandwidth data centre an... G4S Technology and ENTERTECH SYSTEMS in joint part... » Birmingham and Gloucestershire, UK: ENTERTECH SYSTEMS and G4S Technology have announced a technology... CCL Solutions Group partners with Nuix » London, UK: Nuix and CCL Solutions Group have signed an extended partnership to supply collaborative... BLESMA partners with Bolton Wanderers FC » Sky Bet Championship side Bolton Wanderers have announced BLESMA – The Limbless Veterans as their na... Duke goes to Afghanistan...raises morale of office... » THE Duke of York has paid a morale boosting visit to personnel in Camp Bastion and Kandahar Airfield... Qualys bolsters continuous monitoring for proactiv... » REDWOOD CITY , Calif.: Qualys, Inc. has announced it has further bolstered its industry-leading clou... Leeds City College selects MOBOTIX to protect data... » UK: MOBOTIX AG, a leading manufacturer of digital high-resolution, network-based video security syst... Linksys launches high performance managed network ... » Rushden, UK: Linksys has announced its first managed switches in the Linksys Business product line-u... snom okays new handsets » Manchester: snom technology AG has said the complete snom handset range comply fully with the new In...

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.”