"In today’s world of increasing credit and debit card fraud, it is vitally important, especially in self-serve payment locations, to have EMV standards incorporated along with point to point encryption for transaction security,” stated Cam Richardson, CEO of ITC Systems.
Atlanta, GA and Toronto, ON (PRWEB) October 10, 2017
Bluefin Payment Systems, the leading provider of PCI-validated Point-to-Point Encryption (P2PE) solutions for education, healthcare and enterprises, today announced a partnership with ITC Systems to provide Bluefin’s PCI-validated P2PE solution to companies and organizations using ITC’s cash card management systems.
ITC Systems designs, develops and implements state-of-the-art cashless transactions systems for university campuses, academic and public libraries, government departments, food service environments and other closed institutional settings. Since its founding in 1989, ITC has manufactured over 60,000 cashless terminals and sold in excess of 25,000,000 cards with over 1 billion transactions, making the company a leader in the cashless transaction industry.
Through the partnership with Bluefin, ITC Systems will provide companies and organizations utilizing their systems with Bluefin’s PCI-validated P2PE solution directly through their platform, enhancing payment security and reducing PCI scope with no change to the payment transaction flow. Bluefin enables PCI-validated P2PE on partner platforms with their Decryptx Decryption as a Service (DaaS) product, which allows gateways, applications, and processors to directly connect to Bluefin for the P2PE service.
“ITC Systems is a world leader in integrated transaction control systems and counts some of the largest universities and public administration groups as their clients,” said Greg Cornwell, SVP of Security Solutions for Bluefin. “More and more people, especially in a college setting, for example, are paying for goods and services through kiosks or unattended devices, making these payment terminals a ripe target for hacking.”
Bluefin’s PCI-validated P2PE solution secures credit and debit card transactions by encrypting all data within a PCI-approved point of entry device, preventing clear-text cardholder data from being available in the device or the merchant’s system where it could be exposed to malware. Data decryption is only done offsite in a Bluefin hardware security module (HSM).
“In today’s world of increasing credit and debit card fraud, it is vitally important, especially in self-serve payment locations, to have EMV standards incorporated along with point to point encryption for transaction security,” stated Cam Richardson, CEO of ITC Systems. “In Bluefin we found both capabilities, and together we worked on developing the solution to work on our Loaders that form a keystone for students needing to add value to their accounts in a self-serve environment.”
Richardson also stated that “Most Universities and Colleges that have the need for students to add funds using debit and credit cards are now able to implement this offering made possible through Bluefin and ITC Systems to ensure fraud-free, secure transaction processing.”
Benefits of a PCI-validated P2PE solution for merchants and enterprises include reduced PCI compliance and scope, saving time and money on annual audits, and the assurance that the technology has been vetted and approved by the PCI Security Standards Council (SSC). A white paper on the cost and scope benefits of PCI-validated P2PE is available for download on https://www.bluefin.com/.
About Bluefin Payment Systems
Bluefin Payment Systems is the leading provider of secure payment technology for retailers, enterprises and small to medium-sized businesses worldwide. Bluefin specializes in PCI-validated Point-to-Point Encryption (P2PE) integrated and stand-alone solutions for retail, mobile, call center and kiosk/unattended environments, and secure Ecommerce technologies including transparent redirect, payment iFrame and tokenization. Bluefin is a Participating Organization (PO) of the PCI Security Standards Council (SSC) and is headquartered in Atlanta, with offices in New York, Chicago, Tulsa and Waterford, Ireland. For more information, please visit https://www.bluefin.com/.
About ITC Systems
ITC Systems was founded in 1989 and serves colleges, universities and a host of other market segments by providing products and services focused on campus ID credentials, privilege control, access control and copy and print control. Credentials allow for a cashless environment throughout a campus, some sectors include; food service, library, residence, parking, laundry, computer services, print control and other institution-wide applications. To learn more about ITC Systems, please visit http://www.itcsystems.com.