Checks ? Here Today, Here Tomorrow Visa and ... - The Green Sheet

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SSP Secures
ATM and
Debit Card
Transactions
SSP Solutions Inc., which
provides solutions and
services that enable secure,
real-time movement of
financial transactions and valued
digital content, has announced the
world’s first secure and anonymous
Internet commerce transaction solution
securing ATM and debit cards as
well as traditional credit cards for
Internet purchasing.
Banco Nationale de Credito will go
live with this technology via the
Internet, using SSP’s bundled hardware
and software package uniquely
enabling embedded two-factor
authentication required for ATM,
credit or debit transactions. The program
will be available worldwide,
but initially it will be rolled out to
2,000 consumers in the Dominican
Republic.
The package includes the SSP
Solutions-branded ETSS (Enhanced
Transactional Secure Software)
application and a secure SSP
EMBASSY (EMBedded Application
Security SYstem) card reader that
connects directly to the consumer’s
PC. The reader is both mag-stripe
and smart card compatible and uses a
secure numeric keypad for PIN and
password entries.
ETSS is the world’s first embedded
non-repudiation card present software
that enables merchants to
secure transactions without the actual
credit, debit or ATM customerccount
numbers available to the merchant,
thereby protecting both the
consumer and the merchant from
account number database fraud and
unauthorized intrusions. Both VISA
and Mastercard are supported by this
technology.
SSP also exclusively licensed, on a
worldwide basis, the marketing and
deployment rights of ETSS software
originally developed by a joint venture
of SSP and Freestar
Technologies. Banco National de
Credito is the first major banking
organization to actively deploy this
solution.
SSP develops and distributes the SSP
Security Suite of hardware, software
and embedded security products.
SSP products fully protect electronic
communications and financial transactions,
network access, and the
exchange of copyrighted digital content.
By combining its own technology
with a range of partners’ technologies
and intellectual properties,
SSP products represent the first,
open embedded security architecture
simultaneously supporting public