11:23 AM
Connect Directly

HP Releases New PCI Compliance Product

The Secure Payment Services solution is designed to help reduce the cost of compliance and enable safer e-commerce payments.

HP today announced its Secure Payment Services solution, which is designed to supports its clients' efforts to reduce the costs and challenges associated with Payment Card Industry (PCI) compliance.

According to HP, Secure Payment Services uses "tokenization" to minimize the risk of data exposure, by replacing credit card data with tokens that replicate the characteristics of actual data, removing the actual cardholder information.

The solution also secures e-commerce payments by enabling merchants to route payments directly from their website to HP, which facilitates the data transfer to the authorizer, the company said.

Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Oct. 14, 2014
Bank Systems & Technology's new Must Reads is a compendium of our best recent coverage of customer analytics. Learn what big data means for banks, meet Wells Fargo CDO Charles Thomas, find out how to connect with your Gen Y customers, and more.
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.