Integration, Automation and Open API in Banking Infrastructure to Accelerate Service Innovation - How Crypto paves the way

Banks have started a process of reinventing their value proposition as a highly automated and integrated platform for a continuously innovating portfolio of financial services. Payment is key to this and in the same time under threat by external market entrants. This article looks at the drivers for change and their impact on the banks’ IT and crypto architecture. It suggests 6 crucial technical features required by the crypto architecture as key enablers for a successful transition.

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AFD Fleet Cards - Transition from 3DES to AES

In this article we will focus on fleet cards issued by banks and/or follow a payment card association scheme (Visa, MasterCard, etc.) and the necessary transition from 3DES to AES encryption.

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EMV for Fleet Cards - Does it make sense for AFD Fuel Cards Cards?

EMV could reshape the future of fleet & fuel cards. This can help managers grow and strengthen their fleets’ overall performance.

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Hardware Security Modules According to ISO 13491 and the Relation to ANSI x9.24-1-2017

This article will examine Hardware Security Modules (HSMs) according to ISO 13491 and how their relationship to ANSI x9.24-1-2017.

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Cryptography in Financial Institutions: Where Market Changes Require a Mutual Understanding by CEO and CISO - to Manage Risk AND Reduce Total Cost of Ownership

Changes in regulations, and the competitive landscape are disrupting the payment ecosystems. This article explains why concerted action on crypto is needed by the banks’ CEOs and CISOs.

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Why does the Shift from PCI PTS v1 to v3 and PCI PIN Security Mandate a Key Block-Oriented Architecture?

This article highlights the use of key blocks for securing cryptographic keys under the latest versions of PCI PTS and PCI PIN Security.

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Beyond just Payments - PSD2’s impact beyond the Payments Industry

PSD2 is being touted as the biggest game changer to ever hit the payments industry in Europe. And not without good reason. PSD2 mandates banks to share customer account data with third parties (ones authorised by the customer), so that they can offer services to the customers while using the bank’s core systems as a backend. It gives the customer more control over her data and more options to choose from various service providers. 

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eIDAS & Strong Customer Authentication – Securing Europe’s Digital Payments Landscape

September 2019 will usher in a new paradigm in terms of online payment security and trust. September is the month when the requirements for Strong Customer Authentication (SCA) under the Revised Payment Service Directive (PSD2) will go live in the European Economic Area. Most payment processors and service providers are already working on implementing the same as the Regulatory Technical Standards (RTS) for Strong Customer Authentication were defined and adopted in 2017 itself.

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HSMs in banks - A case for a multi-sourcing strategy for critical tech infrastructure

Supply chain optimization has been one of the primary ways to squeeze a bit more efficiency out of a business process for some time now. Over time, companies have perfected various such strategies like Just in time inventory management and co-locating vendors in the same industrial park as themselves. However, an excessive push towards supply chain and vendor optimization has increased risks as the logical conclusion of such unabated cost optimization is often a single sourcing strategy.

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