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  4. Zerify Inc (ZRFY) Message Board

Today is March 1, 2019. Ever since we reviewed ZPa

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(Total Views: 422)
Posted On: 03/01/2019 10:24:43 AM
Posted By: Hate Liars
Today is March 1, 2019. Ever since we reviewed ZPaul's post from 2017 regarding First Data & Bank of America working with ACS to implement their encryption we knew that it would be big. When will this happen? Notice a clue below...

First Data Announces PCI P2PE Validation for Enterprise Clients
PCI Council approved P2PE (point-to-point encryption) validation helps merchants reduce PCI compliance by as much as 90 percent

https://www.businesswire.com/news/home/201901...se-Clients

First Data becomes first processor to offer P2PE validation without the need for a gateway

January 14, 2019 09:08 AM Eastern Standard Time
NEW YORK--(BUSINESS WIRE)--First Data (NYSE: FDC), a global leader in commerce-enabling technology, today announced a new PCI P2PE validation to its portfolio, TransArmor P2PE using Ingenico Group’s On-Guard solution. The addition of TransArmor P2PE makes First Data the first processor to offer enterprise clients a single, multi-layered solution with both point-to-point and end-to-end encryption.

“The PCI Validation of TransArmor P2PE will reduce PCI scope for our enterprise clients, and minimize the burden these businesses feel on an annual basis”

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“The PCI Validation of TransArmor P2PE will reduce PCI scope for our enterprise clients, and minimize the burden these businesses feel on an annual basis,” said EJ Jackson, Senior Vice President, Head of Security and Fraud Solutions at First Data. “Businesses that are secured by First Data stay compliant and provide their customers with the most secure commerce experience possible.”

As part of the validation process, First Data partnered with Sysnet Global Solutions to ensure all facilities and processes met PCI P2PE guidelines. The addition of TransArmor P2PE adds to First Data’s suite of P2PE solutions, which secure data in use, in transit, and at rest. First Data’s Clover Solutions for small and medium sized businesses were P2PE validated in 2018, and CardConnect was validated in 2017.

TransArmor P2PE using On-Guard is currently available on Ingenico Group’s Telium 2 line of smart terminals. First Data expects additional encryption types and terminal vendors to be added throughout 2019 .

Benefits to using TransArmor P2PE include:

Multi-layered approach to security; including Point-to-Point Encryption, Encryption through entire lifecycle to First Data platform, and TransArmor Tokenization when at rest

Leverage existing certifications for lowest cost path to P2PE

Provides the tools to reduce compliance scope and overhead by 50 to 90 percent.


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