As the Internet of Things becomes a reality, Intel IoT is leading the industry in transforming and securing transactions. This was especially clear at Transact 2016 in Las Vegas, produced by the Electronic Transactions Association, the world’s largest payments industry trade group.
Intel works closely with the payments industry and provider ecosystem to develop global standards and enable the shift to digital, data analytics-based operations. Intel IoT technology enables P2P encryption (point-to-point) that protects data, devices, and transactions from edge to cloud, meets compliance requirements, and accelerates innovation. Here are some of our favorite examples from Transact 2016.
Intel Data Protection Technology for Transactions
Intel Data Protection Technology (Intel DPT) for Transactions is a revolutionary technology designed by Intel and its ecosystem partners that helps protect retailers and their customers from massive data breaches, enabling the industry to build innovative, secure new customer experiences. It provides secures transfer of credit, debit and personal data from transaction initiation through the storage of the encrypted information on retailer and bank server networks. It tackles the longstanding issue of data exposure by separating transaction processing from retail POS operating systems, both physically and logically. This design enables secure transactional data from start to finish, essentially rendering it inaccessible by the POS system, its memory, and its operating system.
Ingenico POS Solutions
At Transact 2016, Ingenico technology showcased some of Intel DPT’s features and flexibility. Intel DPT enables the flexibility of interconnected devices to communicate, transact, and be maintained securely in a way not previously available. Here are a few key highlights.
- Hardware-level secure connections over wireless technology with the Intel IP in the Ingenico ICMP and the DPT applet on the Panasonic POS
- Remote security provisioning on a specific Ingenico device to work with a specific POS
- Authentication of allowed devices and remotely controlling their policies
The Verifone Carbon Next-gen Terminal and Commerce-enabled Platform Featuring Intel Atom
Also at the show was the Verifone Carbon next-generation terminal and commerce-enabled platform, based on Intel Atom X5. The usage model for Verifone Carbon is primarily an Android-based countertop POS that transitions to a mobile POS when removed from its docking station. Verifone Carbon embodies the company’s vision for how commerce operates in a connected world. It is the result of Verifone’s commitment to transforming the POS, connecting merchants to new differentiating opportunities and consumers to intuitive, enjoyable experiences.
Innovation to Deliver Better Experiences
Intel solutions bring compute security expertise to usher in a new era of transactional security and payment methods across end points. From in-store fixed and mobile POS devices to wearable devices to PCs to the cloud, Intel technologies enable the ecosystem to develop and build innovative solutions that encourage a shift to digital commerce.
In today’s world, consumers expect online, 24/7 services and omni-channel experiences that are frictionless and secure. Intel technologies help secure personal devices, connected retail experiences, and back-end infrastructure to provide peace of mind and seamless customer experiences. Together, the ecosystem is working toward a new era of transactional payment security.