NCR Payment Suite Achieves PA-DSS 3.1 Compliance
Financial institutions benefit from software that meets the latest industry standards
DULUTH, Ga., July 04, 2016 – NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that its NCR Payment Suite, which includes the Authentic transaction processing and Fractals fraud detection software, has been accepted as compliant with the latest PA-DSS standard (version 3.1) by the PCI Security Standards Council (PCI SSC).
NCR’s new compliance certificates cover Authentic 4.1.04 and Fractals 4.2.00 and mean that NCR customers can be confident of meeting the latest standards in protecting sensitive payment card information. Fractals and Authentic are used by banks, processors, PSPs, merchants and card networks around the world. This compliance is very important to customers of both solutions, who know their products provide the intrinsic support needed to help them maintain their own compliance with PCI DSS. Fractals is one of only a few fraud solutions to be PA-DSS compliant, and is the one that has been certified the longest. These solutions are listed by PCI SSC on its website.
“NCR is committed to helping our customers protect their customers,” said Poul Laursen, Software Engineering Director for payments and enterprise fraud at NCR Financial Services. “Standards such as PA-DSS and, in turn, PCI DSS, are critical tools to protect the security of card data. Achieving certifications involves a detailed review covering the product functions as well as the entire development methodology.”
Authentic is an intelligent transaction-processing platform designed for today’s fast-changing payments business. It has become the payments engine of choice for issuers, acquirers, payment service providers, ISOs and merchants around the world.
Benchmarked at 10,000 transactions per second, Authentic is designed to keep customers in control of their payments environment, while providing functionally rich, secure, resilient and scalable performance. Authentic can be used as a payment gateway, to power consumer payment service hubs or omni-channel systems, to drive all major ATM and POS devices and can scale from supporting small gateway systems to global networks. It delivers conventional card-switching services as well as supporting digital banking and eCommerce. Authentic also incorporates issuer authorization and stand-in functionality.
Fractals is an intelligent fraud detection and prevention solution for issuers, acquirers, PSPs, ISOs and merchants. Fractals can protect businesses and their customers with a single solution. Fractals protects transactions across any channel: from ATMs and POS devices to online, mobile and tablet-based payments. It tackles any type of transactional fraud protecting against established, developing and emerging fraud types. When integrated with a payment engine, Fractals provides early, accurate, real-time, in-flight, fraud blocking early in the payment cycle to minimize losses. In the rapidly evolving world of electronic payments, Fractals benefits from continuous investment and R&D, ensuring that it remains at the forefront of fraud detection.