Ingenico launches next gen payment security white paper...

Paris, July 10, 2009 -- Ingenico announced the publication of its “End-to-End Security in an Open and Mobile World” whitepaper to coincide with its first International Security Forum which took place in Paris on June 4.

"Security is at the core of Ingenico’s genes. It is the foundation on which we build our vision of an open and mobile world for the future of payment". Philippe Lazare, CEO Ingenico

With confidence and security key factors, the whitepaper identifies four essential principles at the very heart of the secure payments industry: confidentiality, authenticity, integrity and availability.

The report asserts that total security must take into consideration all elements of the transaction to eliminate risk of failure throughout the payment chain.

The demand for additional services at the point of sale is driving the development of new, function-rich payment devices - incorporating over-the-air administration tools, wireless and USB connectivity, colour screens and a more intuitive interface for the consumer. In addition, these terminals are increasingly incorporating open, standards-based technologies to allow third party application providers and merchants to create and deliver a host of new revenue generating services and applications.

This more complex, less proprietary and open environment requires the very highest levels of security.

The paper investigates these new elements and discusses best practice to assure the very highest levels of security, right across the payment transaction value chain.

Source: Company press release.