Introduction to Financial Remote Key Loading (Part 2)

by Futurex on July 16th, 2018

Successful RKL operations require collaboration and standardized communication protocols between the device manufacturer and the RKL provider. The backbone of RKL is trust at both ends of the key exchange, one end being the RKL provider and the other being the field-level device. In this blog post, we spotlight the role of device manufacturers, whether ATM, Point of Sale, or IoT in general, in deploying compliant remote key loading functionality. 

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Introduction to Financial Remote Key Loading (Part 1)

by Futurex on July 6th, 2018

We all depend on encryption keys in one way or another. While few people outside the payments industry are aware of this, anytime you present your payment card at a Point of Sale (POS) terminal or use an ATM, an encryption key quickly goes to work to encrypt the PIN or the primary account number (PAN) associated with your card. This encryption obscures the data and protects against information theft as the transaction is sent back to the card issuer for validation. For this process to work, an encryption key must be securely loaded into that endpoint device, whether it be an ATM, a POS terminal, or even a commercial off-the-shelf device used for payment acceptance.

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Compliance Spotlight: Payment Cards Industry (PCI)

by Futurex on June 14th, 2018

In the spirit of compliance with industry standards, Futurex is a proud member of the Payment Card Industry Security Standards Council. The PCI Security Standards Council is a global body that develops, maintains, and administers security standards for the card payment industry.

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Compliance, A Controllable Expenditure?

by Futurex on June 8th, 2018

Anyone familiar with running a business knows the difference between controllable and uncontrollable expenses. Uncontrollable expenses, such as rent or server space, cannot be altered, at least not without renegotiating long contracts. Controllable expenses can be more easily changed. This can be as simple as turning lights off to reduce electricity costs or reducing overtime to cut back on payroll. Today’s blog will be the first in a series of blog posts dedicated to examining data security compliance... Read More

Futurex’s Hardened Enterprise Security Platform and Data Governance for the GDPR

by Futurex on May 29th, 2018

In 2016, the EU parliament approved the General Data Protection Regulation (GDPR). The GDPR, which went into effect on May 25th, 2018, is an improvement on the EU’s Data Protection Directive, adding a noticeable increase and focus on the transformation of data privacy and security practices. The Data Protection Directive of 1998 was designed and implemented during the earliest days of the internet, with the goal of protecting Personally Identifiable Information (PII) of EU consumers from fraudulent use.

Before... Read More