Feeds

Vendors lining up to meet APACS challenge

We're all going contactless

SANS - Survey on application security programs

As London starts the migration towards country-wide acceptance of contactless payments, vendors are starting to pitch the equipment UK retailers are going to need to get the technology up and running.

Last month, APACS (the UK banks clearing house) announced that retailers in central London (City to Canary Wharf) would start accepting contactless payments for amounts less than £10 in September, with the rest of the country following suit in the new year.

APACS went on to predict that five million contactless cards (bearing the new logo) would be in circulation by the end of 2008, and 100,000 retailers would have upgraded their equipment to accept them.

MasterCard's PayPass and Visa's Contactless systems have both been deployed around the world, so the equipment and technology are pretty well known, but the UK system will ask for a PIN number every few transactions (at random), so readers will need a key-entry system.

Companies such as STS have been quick to launch their solutions; which in STS's case is intended to integrate with the Chip 'n PIN equipment the retailer already has deployed, which makes sense as retailers are inevitably going to shoulder much of the expense and will be looking to make the transition as cheaply as possible.

While the project has the support of several leading banks (including Bank of Scotland, Lloyds, HSBC, and Halifax) it's hard to find retailers, or consumer groups, endorsing it.

Presumably, the faster transaction time will appeal to some high-volume retailers, though it remains to be seen how many decide it's worth the money. ®

3 Big data security analytics techniques

More from The Register

next story
Virgin Media so, so SORRY for turning spam fire-hose on its punters
Hundreds of emails flood inboxes thanks to gaffe
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
AT&T threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
Facebook splats in-app chat, whacks brats into crack yakety-yak app
Jibber-jabbering addicts turfed out just as Zuck warned
Google looks to LTE and Wi-Fi to help it lube YouTube tubes
Bandwidth hogger needs tube embiggenment if it's to succeed
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.