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Canopus IT introduces new product, in line with EU security rules

Friday 15 January 2016 00:00 CET | News

Canopus IT has introduced a new product, a mobile MAC-generator for smartphones powered by OS Android, in accordance with the new EU rules for the security of online payments.

This development is in line with the new requirements of European regulators for the security of internet payments and can be used both with the solutions of Canopus IT, and with any other internet banking and mobile banking systems.

The main advantages of this application are the possibility of the parameterized key computation based on the QR-code scanned and the possibility to store the keys not only in the database, but also in the HSM Thales Payshield, which makes the solution even more secure.

The new regulations, binding both for financial institutions and regulators, describe the basic principles and approaches to ensure the security of online payments and mobile payments, which are not subject to the PCI DSS requirements, regulating the safety of payments through bank cards.


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Keywords: online fraud, online security, cyber security, fraud prevention, Canopus IT, EU security rules
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






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