ATLANTA and WASHINGTON, Dec. 11, 2018 /PRNewswire-PRWeb/ -- Bluefin, the leading provider of payment security solutions, and Blackboard Inc., a leading education technology company for teaching, learning and student engagement, have partnered to provide Bluefin's PCI-validated Point-to-Point Encryption (P2PE) solution through Blackboard's Cashnet electronic payments platform.
Cashnet, powered by Blackboard, is a leading payment technology solution that provides secure transaction services to over 700 campuses in higher education, reaching 5 million students nationwide. Cashnet integrates with current Enterprise Resource Planning (ERP) systems to provide students and authorized payers enhanced, flexible payment options.
The new Bluefin and Cashnet P2PE offering secures credit and debit card transactions by encrypting all data within a PCI-approved point of entry device. This prevents clear-text cardholder data from being available within the device, or in the merchant's system where exposure to malware is possible. Data decryption always occurs offsite in a Bluefin hardware security module (HSM), ensuring the highest level of security.
"Blackboard is a leader in education technology around the globe and provides a dynamic payment platform to colleges and universities. We could not be more pleased that they have decided to provide our validated P2PE solution through their Blackboard Payments Powered by Cashnet platform," said Greg Cornwell, Head of Global Sales, Bluefin. "More and more educational institutions are recognizing the need to secure their payments throughout the entire campus. Having partners such as Blackboard implement P2PE gets us one step closer to having Bluefin's P2PE solution available anywhere payments are accepted in colleges and universities."
Bluefin enables PCI-validated P2PE on partner platforms using their Decryptx® Decryption as a Service (DaaS) product, which allows gateways, ISV's, and processors to connect directly to Bluefin for the P2PE service.
"We are very proud to partner with Bluefin to afford our campus partners the benefits of PCI-validated P2PE," said Don Smith, Vice President of Payment Product Management at Blackboard. "This integration will help our college and university partners reduce the amount of time they spend focused on payments so they can concentrate on their core mission of supporting students on the path to achieving their educational objectives."
Benefits of the P2PE solution include reducing PCI scope from 329 to a 33-question P2PE self-assessment questionnaire (SAQ), online management of the P2PE device process with Bluefin's P2PE Manager®, and a variety of P2PE certified devices including the Ingenico iPP320 and the Ingenico iSMP4.
About Bluefin
Bluefin provides the leading payment security platform that supports payment gateways, processors and ISV's in 29 countries. Bluefin's secure payment platform is key to the holistic approach to data security. Designed to complement EMV and tokenization, Bluefin's PCI-validated Point-to-Point Encryption (P2PE) solutions provide a solid security defense against current and future data breaches. Bluefin supports point of sale solutions for retail, mobile, call center and kiosk/unattended environments, and secure Ecommerce technologies. 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 Blackboard
Our mission is to partner with the global education community to enable learner and institutional success, leveraging innovative technologies and services. With an unmatched understanding of the world of the learner, the most comprehensive student-success solutions, and the greatest capacity for innovation, Blackboard is education's partner in change.
SOURCE Bluefin
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