At Money20/20, Gemalto showcases its holistic approach to building trusted digital payment and banking services
Amsterdam, Oct. 21, 2016– Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, presents solutions to simplify and secure the new world of digital banking, payments and transactions. At Money 20/20 2016, Gemalto will showcase products and services to enable multi-factor authentication in eCommerce and eBanking deployments, point-to-point encryption (P2PE), key management systems and faster payment options at the point-of-sale.
As of July 2016, the Breach Level Index reported roughly 28 million compromised records across financial and retail industries. In today's disruptive market, both retailers and banks must focus on building a layered security system without compromising the user experience. Attendees can visit two Gemalto locations (kiosk #1643 and room #703) for demonstrations to learn about:
How to protect and secure payment data from end-to-end:
Gemalto's SafeNet Payment HSM with point-to-point encryption protects the flow of payment data and secures the enrollment, provisioning, and tokenization of payment card credentials and payment operations.
At Money20/20, Gemalto will release the first payment HSM with the advanced security feature of partitioning, which allows banking organizations to simplify cloud-based payment transactions and reduce the number of hardware devices required for operation. The partitioning capability works by allowing the segregation of the physical hardware into multiple logical payment HSMs. Each logical HSM will now have its own unique key storage, configuration and administrators to improve the products scalability and flexibility. The technology is already used by some of the world's largest companies to consolidate enterprise security applications. Now, Gemalto is making it available and ready for use in payment transaction processing applications1.
How to build a holistic security framework for eBanking and eCommerce applications:
A layered security approach that includes multi-factor authentication protects banks and consumers against hackers targeting online banking and commerce applications. Gemalto's Ezio suite for eBanking and eCommerce provides advanced authentication and dynamic user verification to mitigate the risk of digital transactions, protecting against card-not-present (CNP) fraud, man-in-the-middle attacks, account take-overs, denial-of-service (DoS) attacks, and more.
How to enhance the instore checkout experience with contactless:
Gemalto's EMV secured contactless solutions – available as cards, mobile applications, and wearables - offer issuers and retailers an innovative and secure way to launch new digital services, increase the number of transactions and stay "top-of-wallet" with consumers.
In addition, Gemalto's Jack Jania, SVP of Strategic Alliances, will be presenting on the panel "Payments Security: Taking a More Holistic Approach" on Wednesday, October 26th at 10 a.m. in the Murano Ballroom. To learn more about Gemalto at Money 20/20, please visit our website.
Related Resources:
Ezio Family Brochure
Gemalto payment HSM product brochure
Gemalto contactless payment solutions – convenient and fast payment transactions
The Breach Level Index
EMV and Beyond: A guide to what's next
1 Gemalto's payment HSM 2.1 release, which enables the partition option, is an update to an existing hardware product and is freely available to existing customers. Partition licences are sold in bundles of five.
