We’re putting the spotlight on EMV this week in part two of our “Payment Security Spotlight” blog series. As we make our way past the one-year mark of the EMV liability shift in the U.S., we’re seeing a lot of discussion on how far we’ve come since last October, and how far we still have to go. While many complain that EMV transactions are too slow, this won’t always be the case, and the security benefits are well worth it.
Security is one of the most crucial components in payments. As technology advances and payment solutions evolve, it’s important that payments are kept safe and secure for merchants and consumers. Tokenization, EMV, and encryption are all key players in ensuring this. To provide a deep dive into each, we are doing a “Payment Security Spotlight” blog series, with the first being focused on tokenization.
These days, security is a top concern. From consumers to merchants, processors and government agencies, none of us are immune to growing security concerns. For the government, keeping communications from being intercepted or exposed is more than a concern; it’s critical to our national security.
We’re pleased to announce that Apriva has been awarded the Seven Seals Award by Arizona’s Employer Support of the Guard and Reserve (ESGR)!
The ESGR serves to foster relationships between members of the United States National Guard and Reserve and their employers. According to the ESGR, the Seven Seals Award is in recognition of significant individual or organizational achievement, initiative, or innovation that promotes and supports the mission of the United States National Guard and Reserve, their serving employees, and their families.
Mobile payments may finally be going mainstream. With the recent announcements of Samsung Pay and Apply Pay, it seems that mobile payments may be about to hit their stride. While these new technologies hold a lot of promise for the industry, there’s one aspect that shouldn’t be overlooked: security.
2014 was a rough year for retailers when it came to credit card data security. Home Depot, UPS, Michaels and even PF Chang’s fell victim to hackers who used malware to expose vulnerabilities in their payment systems, causing data breaches that affected millions. Customers’ private information was made available, including their e-mail accounts, credit card numbers and home addresses, leaving consumers frightened that they would soon be victims of identity theft.