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December 16, 2019
On the web
CULedger Completes Blockchain Identity Pilot With Three US Credit Unions
FinTech Futures
“CULedger claims that MyCUID users can verify their identity by using a biometric function on their smart phone, such as voice, fingerprint or facial recognition. The vendor says that data from its pilot indicated that the average time to verify a member’s identity had been reduced from the industry average of more than 50 seconds to ten or less. “As financial cooperatives, credit unions are more inclined to work together than their bank counterparts in order to best serve their members’ needs,” said John Ainsworth, president and CEO of CULedger.”
September 25, 2018
On the web
2018 Payment Security Report
Verizon Communications
“Lack of sustainable control environments remains a top contributor and precursor to ineffective controls, which in turn become susceptible to data breaches. Organizations achieve sustainable PCI Security compliance when they demonstrate a consistent capability to maintain ongoing operation of all required security controls within their compliance environment.”
September 5, 2018
On the web
PIN-on-Glass Specialist MyPINPad Secures a Spot on the Thales Hardware Security Module
Digital Transactions News
“MyPINPad says the Thales payShield 9000 HSM is used in an estimated 80% of payment card transactions. HSMs provide PIN protection and validation, transactions processing, mobile and payment card issuance, and key management, Paris-based Thales says.”
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