Showing posts with label Secure POS Vendor Alliance. Show all posts
Showing posts with label Secure POS Vendor Alliance. Show all posts



ATLANTA, GA--(Marketwire - May 27, 2010) -  The Secure POS Vendor Alliance (SPVA), a non-profit business organization founded by Hypercom (NYSEHYC), Ingenico S.A. (EURONEXT: ING) and VeriFone (NYSEPAY) today announced the release of its End-to-End Encryption SecurityRequirements related to payment card data in payment card reading devices. Targeted to vendors of POS devices, this newly released framework marks a critical step toward SPVA's mission of widespread understanding of payment security issues and the adoption of best practices.
"The SPVA's end-to-end security requirements guidelines set a baseline for the industry and represent the first step to further strengthen payment security standards globally," said T.K. Cheung, SPVA chairman and Hypercom vice president global quality & security. "We will be enhancing this guideline as the security environment evolves and will announce each update as it occurs."
Prepared by the association's End-to-End Encryption Technical Working Group, the newly released SPVA guideline allows companies to engage different solutions and select products that can be trusted and are secure. Key elements covered by the SPVA-approved standard include:
  • Data to be encrypted during transmission

  • Key management

  • Physical and logistical security of the Tamper-Resistant Security Module and key components

  • Encryption monitoring and management systems requirements

The SPVA defines end-to-end as: the transmission of cardholder data in an encrypted form, from its point of presentment, such that it prevents the data from being known in plain text until the point of decryption.
 "SPVA does not endorse any specific vendor's solution, nor does it have any intention of supporting one solution over another," said Steven Hughes, SPVA president. "We recognize that end-to-end encryption requirements can be complex. Against this backdrop, our goal is to use existing published standards and provide an auditable set of requirements that creates a secure payment environment."
Since its launch in April 2009, SPVA has experienced rapid growth with prominent industry leaders joining, including Atos Worldline, Heartland Payment Systems, Chase Paymentech, Radiant Systems, Inc., Voltage Security and many others. All members are eligible to participate in SPVA's Technical Working Groups and contribute to future industry standard publications.
To download the association's End-to-End Encryption Security Requirements white paper and to learn more about the SPVA, visit www.spva.org.
About Secure POS Vendor Alliance (www.spva.org)

The Secure POS Vendor Alliance (SPVA) is a non-profit organization that works with the multiple stakeholders of the payment value chain. Its aim is to develop an end-to-end security framework and to enhance security elements of payment solutions which protect cardholder information and defend merchants and acquirers against security breaches, while helping reducing fraud and lowering risk for all electronic payment stakeholders.
Editorial Contacts:

Candace McCaffery/Carol McEntee

SPVA

404.816.2037

678.640.7822 Mobile

Email Contact

Email Contact


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Posted by John B. Frank Friday, May 28, 2010 0 comments



ATLANTA, GA--(Marketwire - May 27, 2010) -  The Secure POS Vendor Alliance (SPVA), a non-profit business organization founded by Hypercom (NYSEHYC), Ingenico S.A. (EURONEXT: ING) and VeriFone (NYSEPAY) today announced the release of its End-to-End Encryption SecurityRequirements related to payment card data in payment card reading devices. Targeted to vendors of POS devices, this newly released framework marks a critical step toward SPVA's mission of widespread understanding of payment security issues and the adoption of best practices.
"The SPVA's end-to-end security requirements guidelines set a baseline for the industry and represent the first step to further strengthen payment security standards globally," said T.K. Cheung, SPVA chairman and Hypercom vice president global quality & security. "We will be enhancing this guideline as the security environment evolves and will announce each update as it occurs."
Prepared by the association's End-to-End Encryption Technical Working Group, the newly released SPVA guideline allows companies to engage different solutions and select products that can be trusted and are secure. Key elements covered by the SPVA-approved standard include:
  • Data to be encrypted during transmission

  • Key management

  • Physical and logistical security of the Tamper-Resistant Security Module and key components

  • Encryption monitoring and management systems requirements

The SPVA defines end-to-end as: the transmission of cardholder data in an encrypted form, from its point of presentment, such that it prevents the data from being known in plain text until the point of decryption.
 "SPVA does not endorse any specific vendor's solution, nor does it have any intention of supporting one solution over another," said Steven Hughes, SPVA president. "We recognize that end-to-end encryption requirements can be complex. Against this backdrop, our goal is to use existing published standards and provide an auditable set of requirements that creates a secure payment environment."
Since its launch in April 2009, SPVA has experienced rapid growth with prominent industry leaders joining, including Atos Worldline, Heartland Payment Systems, Chase Paymentech, Radiant Systems, Inc., Voltage Security and many others. All members are eligible to participate in SPVA's Technical Working Groups and contribute to future industry standard publications.
To download the association's End-to-End Encryption Security Requirements white paper and to learn more about the SPVA, visit www.spva.org.
About Secure POS Vendor Alliance (www.spva.org)

The Secure POS Vendor Alliance (SPVA) is a non-profit organization that works with the multiple stakeholders of the payment value chain. Its aim is to develop an end-to-end security framework and to enhance security elements of payment solutions which protect cardholder information and defend merchants and acquirers against security breaches, while helping reducing fraud and lowering risk for all electronic payment stakeholders.
Editorial Contacts:

Candace McCaffery/Carol McEntee

SPVA

404.816.2037

678.640.7822 Mobile

Email Contact

Email Contact


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Posted by John B. Frank 0 comments



Secure POS Vendor Alliance Announces New Leadership On the Heels of Its One-Year Anniversary



Founding members VeriFone, Ingenico and Hypercom rotate appointed managing committee positions within rapidly-growing global payment security organization



ATLANTA – April 22, 2010 – The Secure POS Vendor Alliance (SPVA), a non-profit business organization founded by Hypercom (NYSE: HYC), Ingenico S.A. (EURONEXT: ING) and VeriFone (NYSE: PAY) announced today that TK Cheung, vice president global quality & security, Hypercom, will assume the position of SPVA chairman of the board with Paul Rasori, senior vice president, global marketing, VeriFone, stepping in as vice chairman and CTO and Christophe Dolique, executive vice president, global marketing & transaction services, Ingenico, serving as secretary/treasurer. Bob Carr, CEO, Heartland Payment Systems, will continue to serve as associate member director, an elected position.
According to the SPVA’s bylaws, founding members share the three officer positions for six years and have certain veto rights, including areas such as amendment of bylaws and proposed spending and ratification of a proposed standard, guideline or best practices.
“I look forward to serving the SPVA as chairman during this critical period within the payments industry,” said TK Cheung, SPVA chairman. “With use of card-based payment options on the rise, it will be increasingly important to facilitate a common understanding and acceptance of security requirements and standards.”
Since the SPVA’s inception in April 2009, the organization has united industry experts and attracted almost 20 leading payment companies that seek to have a voice within the world of secure payments and help shape its future through vital Technical Working Groups through which SPVA members can contribute to acquire first-hand knowledge of current security threats. At least two white papers are scheduled to be released this year to help guide and define security solutions. The organization also recently announced its Lab Network, a group of labs that participate with SPVA members, prospective members and TWGs on security evaluations of the SPVA implementation guidelines.
Membership is open to all payment industry stakeholders. The SPVA encourages general membership among all vendors that develop secure POS payment systems, and associate membership among organizations who sell or utilize products or solutions that interact with secure POS payment devices: retailers, acquirers, software vendors, ECR vendors, banks and other standard setting associations.
To learn more about the SPVA and benefits of membership, visit www.spva.org.
###
About Secure POS Vendor Alliance (www.spva.org)

The Secure POS Vendor Alliance (SPVA) is a non-profit organization, founded by Hypercom (NYSE: HYC), Ingenico S.A. (EURONEXT: ING) and VeriFone (NYSE: PAY), that works with the multiple stakeholders of the payment value chain. Its aim is to develop an end-to-end security framework and to enhance security elements of payment solutions which protect cardholder information and defend merchants and acquirers against security breaches, to help reduce fraud and lower risk for all electronic payment stakeholders.
Editorial Contacts:

Carol McEntee/Lindsay Durfee

SPVA

404.816.2037

678.640.7822 Mobile

cmcentee@cookerly.com

lindsay@cookerly.com


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Posted by John B. Frank Tuesday, April 27, 2010 0 comments



Secure POS Vendor Alliance Announces New Leadership On the Heels of Its One-Year Anniversary



Founding members VeriFone, Ingenico and Hypercom rotate appointed managing committee positions within rapidly-growing global payment security organization



ATLANTA – April 22, 2010 – The Secure POS Vendor Alliance (SPVA), a non-profit business organization founded by Hypercom (NYSE: HYC), Ingenico S.A. (EURONEXT: ING) and VeriFone (NYSE: PAY) announced today that TK Cheung, vice president global quality & security, Hypercom, will assume the position of SPVA chairman of the board with Paul Rasori, senior vice president, global marketing, VeriFone, stepping in as vice chairman and CTO and Christophe Dolique, executive vice president, global marketing & transaction services, Ingenico, serving as secretary/treasurer. Bob Carr, CEO, Heartland Payment Systems, will continue to serve as associate member director, an elected position.
According to the SPVA’s bylaws, founding members share the three officer positions for six years and have certain veto rights, including areas such as amendment of bylaws and proposed spending and ratification of a proposed standard, guideline or best practices.
“I look forward to serving the SPVA as chairman during this critical period within the payments industry,” said TK Cheung, SPVA chairman. “With use of card-based payment options on the rise, it will be increasingly important to facilitate a common understanding and acceptance of security requirements and standards.”
Since the SPVA’s inception in April 2009, the organization has united industry experts and attracted almost 20 leading payment companies that seek to have a voice within the world of secure payments and help shape its future through vital Technical Working Groups through which SPVA members can contribute to acquire first-hand knowledge of current security threats. At least two white papers are scheduled to be released this year to help guide and define security solutions. The organization also recently announced its Lab Network, a group of labs that participate with SPVA members, prospective members and TWGs on security evaluations of the SPVA implementation guidelines.
Membership is open to all payment industry stakeholders. The SPVA encourages general membership among all vendors that develop secure POS payment systems, and associate membership among organizations who sell or utilize products or solutions that interact with secure POS payment devices: retailers, acquirers, software vendors, ECR vendors, banks and other standard setting associations.
To learn more about the SPVA and benefits of membership, visit www.spva.org.
###
About Secure POS Vendor Alliance (www.spva.org)

The Secure POS Vendor Alliance (SPVA) is a non-profit organization, founded by Hypercom (NYSE: HYC), Ingenico S.A. (EURONEXT: ING) and VeriFone (NYSE: PAY), that works with the multiple stakeholders of the payment value chain. Its aim is to develop an end-to-end security framework and to enhance security elements of payment solutions which protect cardholder information and defend merchants and acquirers against security breaches, to help reduce fraud and lower risk for all electronic payment stakeholders.
Editorial Contacts:

Carol McEntee/Lindsay Durfee

SPVA

404.816.2037

678.640.7822 Mobile

cmcentee@cookerly.com

lindsay@cookerly.com


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Posted by John B. Frank 0 comments



http://www.hypercom.com

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Hypercom Corporation (NYSE: HYC) has scheduled its conference call to discuss first quarter 2010 results for Wednesday, May 5 at 4:30pm ET. The call will be simultaneously webcast.
The dial in number is 800.299.6183 for North American callers and 617.801.9713 for international callers. For access to the call, participants will be required to identify the participant passcode: 56451552.
To access the audio webcast, please go to Hypercom’s website, http://ir.hypercom.com, at least two minutes prior to the call to register.
A replay of the conference call can be accessed approximately one hour after the conclusion of the live call and will be available until June 6, 2010. The replay number for North America is 888.286.8010. The number for international callers is 617.801.6888. The passcode is 62823854. A replay of the call can also be accessed in the “audio archive” section of http://ir.hypercom.com, where it will remain until the next results release.
About Hypercom (www.hypercom.com)
Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions and services. The Company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, petroleum, healthcare, prepaid, self-service and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.
Hypercom is a registered trademark of Hypercom Corporation. HYCF


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http://www.hypercom.com

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Hypercom Corporation (NYSE: HYC) has scheduled its conference call to discuss first quarter 2010 results for Wednesday, May 5 at 4:30pm ET. The call will be simultaneously webcast.
The dial in number is 800.299.6183 for North American callers and 617.801.9713 for international callers. For access to the call, participants will be required to identify the participant passcode: 56451552.
To access the audio webcast, please go to Hypercom’s website, http://ir.hypercom.com, at least two minutes prior to the call to register.
A replay of the conference call can be accessed approximately one hour after the conclusion of the live call and will be available until June 6, 2010. The replay number for North America is 888.286.8010. The number for international callers is 617.801.6888. The passcode is 62823854. A replay of the call can also be accessed in the “audio archive” section of http://ir.hypercom.com, where it will remain until the next results release.
About Hypercom (www.hypercom.com)
Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions and services. The Company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, petroleum, healthcare, prepaid, self-service and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.
Hypercom is a registered trademark of Hypercom Corporation. HYCF


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Posted by John B. Frank 0 comments

22nd Annual ROTH OC Growth Stock Conference


SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Hypercom Corporation (NYSE: HYC) today announced that Chief Financial Officer Thomas B. Sabol will present at the Roth Capital Partners 22nd Annual Growth Stock Conference at approximately 3:00pm PDT on Monday, March 15, 2010 at the Ritz Carlton Hotel in Dana Point, California. Joining Mr. Sabol will be Scott Tsujita, Senior Vice President, Finance, Treasury and Investor Relations.

 

Webcast

To access a webcast of Hypercom’s presentation, please go to http://www.wsw.com/webcast/roth23/hyc/ at least two minutes prior to the presentation to register. The webcast will also be archived and available for seven days following the live broadcast at http://ir.hypercom.com.

 

About Hypercom (www.hypercom.com)

Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions and services. The Company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, petroleum, healthcare, prepaid, self-service and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.

Posted by John B. Frank Thursday, March 11, 2010 0 comments



“Now Canadian merchants have access to feature-rich terminals that support the key domestic payment options and our innovative Pay in Your Currency service, providing merchants with the payment and marketing tools to drive maximum results”



“With Peoples Trust and Integrated Card Exchange, we are bringing merchants state-of-the-art payment products that support the specific business and technical requirements of the Canadian market,” said Brent Smith, Hypercom Country Manager, Canada.



Hypercom’s chip and PIN-enabled T4210 and T4220 payment terminals for the Canadian market enable full domestic processing support. Both terminals have received EMV certification from the Interac Association, Canada’s national debit card program, allowing merchants to accept the popular Interac debit cards at their establishments. The T4210 and T4220 also feature a robust suite of software applications, including support of Pay in Your Currency™. With Pay in Your Currency™, powered by payment processor Planet Payment, Canadian merchants can offer international MasterCard® or Visa® cardholders the convenience of paying for purchases in their home currency.




Hypercom's Optimum 4210






“Each of these terminals represents a comprehensive solution meeting the domestic and international payment needs of the Canadian market,” said Matt Berman, Managing Director of Integrated Card Exchange. “From the domestic perspective, Hypercom’s Optimum terminals support Interac debit cards -- a business necessity given the widespread use of this card by Canadians. The Pay in Your Currency service, powered by Planet Payment, allows merchants to better serve their international clientele by providing them the comfort and convenience of paying in their native currency.”



“Now Canadian merchants have access to feature-rich terminals that support the key domestic payment options and our innovative Pay in Your Currency service, providing merchants with the payment and marketing tools to drive maximum results,” said Philip D. Beck, Chief Executive Officer of Planet Payment. “Planet Payment and Hypercom have a successful history of providing merchants in the United States and key markets in Asia Pacific with payment solutions that help improve efficiency and profitability.”



Hypercom's high security Optimum T4200 product family for North America consists of four powerful 32-bit multi-application devices that share the same platform, user interface, and software toolkit to maximize efficiency, application portability, and offer customers a broad range of options to serve any market need.



For further information on Hypercom's Optimum products, visit http://www.hypercom.com/products/.

For information about Peoples Trust, visit: http://www.peoplestrust.com.

For information about Planet Payment, visit: http://www.planetpayment.com.



About Hypercom (www.hypercom.com)



Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products and services. The Company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, petroleum, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.





Posted by John B. Frank Thursday, February 18, 2010 0 comments

World’s Second Largest Retailer Migrates to Hypercom Integrated Payment Solution


Scottdale AZ & Paris: Hypercom Corporation (NYSE: HYC) today announced that Carrefour, the largest retailer in Europe and second largest worldwide, will deploy Hypercom’s Wynid® server-based payment solution and more than 12,000 PIN Pads with EMV contactless readers at 210 of its French hypermarkets, as well as at all of Carrefour’s petrol stations in France.



The multi-million dollar agreement is believed to represent one of the world’s largest deployments of EMV contactless readers and represents a significant expansion to Hypercom’s existing business with Carrefour. The giant retailer already uses Hypercom’s Wynid secure payment solution at 15,000 cash registers in its Market, City and Contact stores.



“Hypercom clearly demonstrated its ability to deliver innovative, state-of-the-art payment technology that reduces this influential global retailer’s cost of accepting non-cash payment options and greatly improves operational efficiency. In parallel, the Hypercom solution gives Carrefour’s customers the ability to quickly and safely pay for their purchases,” said Philippe Tartavull, Chief Executive Officer and President, Hypercom Corporation.



“Carrefour’s migration to Hypercom technology significantly expands our regional footprint, boosts our market share in large retail environments globally and represents a major endorsement of our Wynid server-based payment solution by one of the most globally recognized and respected retail brands; it marks one of the largest deployments of EMV contactless readers worldwide,” said Kazem Aminaee, Managing Director, Hypercom Southern EMEA.



The Carrefour Group is the largest retailer in Europe, and the second largest worldwide, with more than 15,000 stores under banner in 33 countries and more than 490,000 employees.



The Group combines different store formats – hypermarkets, supermarkets, hard discount, convenience stores and cash & carry outlets – constantly adapting to its customers’ consumption patterns.



The Carrefour Group has selected Hypercom’s electronic payment solution for its hypermarkets in France. Country-wide deployment of the solution started in October 2009.



Additional product resources: http://www.hypercom.com/products/Wynid.asp.



About Hypercom (www.hypercom.com)




Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products and services. The Company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, petroleum, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.

Posted by John B. Frank Friday, February 5, 2010 0 comments

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