Identity in Payment, Banking, Transit, Loyalty, Parking

Thales assists Follett with PCI compliance

Thursday, May 27, 2010
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Follett was having some challenges with PCI compliance and making sure it’s encryption keys were properly secured. Bryta Schulz, vice president of product marketing at Thales, talked about how the company helped Follett deploy a hardware security module to secure the keys, keep a log of who accessed them and make it easier to for auditing purposes. “When then auditor came in he could see that the keys were in all in once place and it took two weeks out of their audit time,” she said.

A new survey from Euro Kartensysteme shows that Germans are starting to embrace the idea of contactless and NFC payments.

Out of 1,040 Germans aged 18-59, 43% responded that they would like to make contactless payments if given the opportunity, of which 58% percent would make their payments with a debit card card, 41% with a credit card and 50% with an NFC phone.

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FIME has announced that its GlobalPlatform certified test tool is equipped to validate the compliance of secure chips to the new GlobalPlatform Basic Financial Configuration for the banking sector.

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Credit Agricole, a retail banking group based in Paris, is teaming up with Gemalto to launch a large-scale deployment of contactless EMV banking cards in France.

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FIME is joining forces with Thales IT Security Evaluation Facility (ITSEF), a provider of information systems and secure communication in defense, security and transportation markets, to provide a new testing and certification service.

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Mobile payment solution provider I Love Velvet announced that it has reached the second level of EMV certification (EMV2) which authorizes PIN and integrated chip payments from debit, credit and smart cards around the world.

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The Jacksonville Transit Authority (JTA) experienced an overwhelmingly large amount of people signing up for the region’s new STAR smart payment card system, according to a local news brief.

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