AUSTIN, Texas, Oct. 22, 2015 (GLOBE NEWSWIRE) -- Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is bringing to light the security and fraud concerns banks and merchants should consider for secure digital payments from online to mobile and everything in between. Mitigating fraud and the losses it causes will continue to be an ongoing battle. It is about solving the different levels and types of fraud one at a time. For the U.S., the recent arrival of EMV chip technology is the first step and solves a major form of fraud - counterfeit cards at the point of sale. It is inevitable that fraudsters will refocus on the weakest link in the payment chain, and from previous EMV case studies, CNP transactions are the next target.
During the three day event (October 26th – 28th), Gemalto is demonstrating the newly launched Dynamic Code Verification (DCV) solution designed to protect against CNP fraud. Visit the Gemalto lounge to see first-hand how DCV is securing eCommerce payments and also the company's "top of wallet" card portfolio for banks interested in bringing a unique look and feel to their payment cards.
Hear from Gemalto's Jack Jania, SVP of Strategic Alliances, during his panel "Fraudsters in Cyberspace: Mitigating the Threat of Card-Not-Present Fraud" on October 28th at 12:40 in Marcello Ballroom, Venetian Level 4.
The panelists along with Gemalto's Jack Jania will discuss topics including the evolving patterns in fraud, how and what needs to be secured to minimize risk, and the mobile challenge.
For more information about Gemalto's presence at Money20/20: http://www.gemalto.com/money2020.
Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security, with 2014 annual revenues of €2.5 billion and blue-chip customers in over 180 countries.
Gemalto helps people trust one another in an increasingly connected digital world. Billions of people want better lifestyles, smarter living environments, and the freedom to communicate, shop, travel, bank, entertain and work – anytime, everywhere – in ways that are enjoyable and safe. In this fast moving mobile and digital environment, we enable companies and administrations to offer a wide range of trusted and convenient services by securing financial transactions, mobile services, public and private clouds, eHealthcare systems, access to eGovernment services, the Internet and internet-of-things and transport ticketing systems.
Gemalto's unique technology portfolio - from advanced cryptographic software embedded in a variety of familiar objects, to highly robust and scalable back-office platforms for authentication, encryption and digital credential management - is delivered by our world-class service teams. Our 14,000 employees operate out of 99 offices, 34 personalization and data centers, and 24 research and software development centers located in 46 countries.
Press release (PDF): http://hugin.info/159293/R/1960740/714865.pdf
CONTACT: Gemalto Media Contacts: Philippe Benitez North America +1 512 257 3869 email@example.com