Once, Twice, Five Times for Safety – Supporting Legislation with Multi-Factor Authentication Solutions

The Cost of Fraud

There’s a disturbing amount of customer money unwittingly handed to fraudsters each year. In 2017 alone, a staggering £240 million was taken from account holders. What’s more, UK Finance has released data highlighting a decline in cash payments by 15 percent over the last year to 13.1 billion – while card payments pulled ahead for the first time ever with 13.2 billion. With these huge sums of missing customer money and card usage skyrocketing, comes more pressure than ever for financial organisations to up their payment security offering at all stages of transactions.

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MYPINPAD’S SECURE PIN CAPTURE TECHNOLOGY NOW EMBEDDED INTO THALES PAYSHIELD 9000 HSMs

Latest base software update includes secure PIN capture technology for touchscreen devices

05 September 2018, LONDON: MYPINPAD, the global leader in payment acceptance and customer authentication solutions, is pleased to announce its software has been embedded into the latest base software release (3.4a) of the Thales payShield 9000 Hardware Security Module (HSM).

Thales manufactures the scalable payShield 9000, the most widely deployed payment HSM in the world, which is used in an estimated 80 percent of card payment transactions. The release will be installed on all new payShield 9000 HSMs, and is currently being deployed to all existing HSMs in the field via a new firmware update.

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