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Thales Expands PayShield Cardholder Authentication for nShield to Support nShield Connect and PCI Express Hardware Security Modules

Strategic Insights

— 2 min read

Thales has announced that its payShield Cardholder Authentication for nShield is now available for its nShield Connect and nShield PCI Express hardware security modules (HSMs). This move aims to protect credit card information and assist with regulatory compliance, such as PCI. The solution is widely deployed in web-based applications for MasterCard's Chip Authentication Program (CAP) and Visa's Dynamic Passcode Authentication (DPA) for online banking and 3D-Secure applications.

Key Takeaways:

  • Thales's payShield Cardholder Authentication for nShield authenticates credit card users and protects encryption key transfers, safeguarding credit card information and assisting with regulatory compliance such as PCI.
  • The solution is already widely deployed in web-based applications for MasterCard's Chip Authentication Program (CAP) and Visa's Dynamic Passcode Authentication (DPA) for online banking and 3D-Secure applications such as Verified by Visa and MasterCard SecureCode for online payments.
  • Thales's nShield Connect, the industry's only HSM with dual, hot-swappable power supplies, ensures maximum uptime and business continuity, thus avoiding failed financial transactions.
  • The solution is compatible with various off-the-shelf cardholder authentication solutions from ActivIdentity, Arcot, Gemalto, and RSA.
  • Thales's payShield Cardholder Authentication for nShield is easy to integrate with web service technologies such as Java and features a C library for integration with third-party products.
  • The product update demonstrates Thales's commitment to the payments industry and its dedication to developing the nCipher product line.
  • PayShield Cardholder Authentication for nShield effectively enables customers to protect against fraud in online banking and card-not-present (CNP) transactions.

Statistics:

  • More than 70 percent of global payment card transactions are protected by Thales's security solutions (Source: Thales).
  • Global payment card transactions doubled between 2005 and 2010 (Source: World Bank).
  • Online banking and card-not-present (CNP) transactions are major targets for cybercrime, with CNP transactions accounting for over 60 percent of total card-not-present transactions worldwide (Source: Thales).

Sources:

  • "Thales is a global leader in payments security with more than 70 percent of global payment card transactions protected by Thales security solutions..." says Franck Greverie, Vice President, Managing Director for the information systems security activities of Thales. (Source: Thales)
  • "payShield Cardholder Authentication already plays a critical part in many of the worlds Card Associations to provide the most advanced credit card authentication systems..." (Source: Thales)
  • "This product update demonstrates our continued dedication to the payments industry and our commitment to developing the nCipher product line." (Source: Thales)
  • Thales is one of the world leaders in the provision of Information and Communication Systems Security solutions for government, defence, critical infrastructure operators, enterprises and the finance industry (Source: Thales)
  • Thales has 40 years of unrivalled track record in protecting information from Sensitive But Unclassified up to Top Secret (Source: Thales)

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