security

Early Detection Fraud Solution In Action – A Whitepaper

Following a major data security breach, one of the largest financial services groups in Africa asked Stanchion for help in architecting and implementing a first line of defence against fraud at ATMs. It took us just six weeks to roll out a solution that protects the group through early detection of irregular transactions that evade industry standard transaction authentication and fraud detection methods.   TODAY’S THREATS DEMAND A MORE PROACTIVE APPROACH TO PAYMENTS SECURITY Any security breach in a financial institution’s payments environment—no matter the scale—represents a massive business risk. Proactive monitoring and management of financial transactions significantly reduces this [...]

2017-10-16T15:49:11+00:00July 29th, 2017|Categories: News|Tags: , , , |

Proxama and Stanchion join forces allowing card issuers to plug-and-play new mobile services

Partnership sees combination of mobile payments and proximity marketing solutions with integration expertise London, UK, 9th September 2015: Proxama PLC (AIM: PROX), the international mobile commerce company specialising in proximity marketing and provider of end-to-end payment solutions for card issuers, and Stanchion Payment Solutions, the international payment solutions  experts today announced a partnership and international reseller agreement. The agreement will offer card issuers and processors the opportunity to design and deliver new services to meet the growing needs of their customers for sophisticated payment solutions. As a result of the partnership, Stanchion will resell Proxama solutions for NFC Mobile Payments, [...]

2017-10-16T13:44:18+00:00September 9th, 2015|Categories: News|Tags: , , |

Stanchion and Ecentric Payment Systems ensure secure transacting with Futurex hardware

Transaction processing specialist Ecentric Payment Systems is boosting the performance and security of transactions by implementing hardware encryption devices supplied by Stanchion Payment Solutions. The Futurex devices are unseen to the general public, yet perform an essential function every time a credit, debit or other card is used: they make sure the information exchanged between point of sale, bank and customer account is completely secure. “By deploying the devices, Ecentric will be the first payments provider in Africa to deploy ‘point to point’ encryption (P2PE), thereby establishing the strongest protection possible for our Retailer customers and their brand. P2PE will [...]

2017-10-16T16:31:14+00:00August 28th, 2014|Categories: News|Tags: |