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Welcome to the News View for "Semtek".

Here, on these archive pages, you'll find all of the articles on Payments News for Semtek listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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September 30, 2009

VeriFone Increases Investment in Semtek, Acquires Option to Purchase

VeriFone Holdings has announced that it has signed an agreement to become the lead investor in a Series B financing of Semtek Corporation - saying it "has doubled its investment in the security technology developer and acquired an option at a future date to purchase the remaining shares in Semtek." READ MORE »

June 24, 2009

Mercator Advisory Group Publishes End-to-End Encryption Report

MercatorAdvisoryGroup_logo-140px.jpgMercator Advisory Group has published a new report, End-to-End Encryption: The Acquiring Side Responds to Data Loss and PCI Compliance that "explores end-to-end encryption (E2EE) in the hands of merchants, payment service providers and processors. In the face of the three bogies of PCI DSS compliance and penalties, reputational risk and direct financial loss, the acquiring half of the payments process is evaluating options for eliminating cleartext cardholder data from their systems. Tokenization (the subject of a recent Mercator report) and end-to-end encryption are the leading candidates. This report examines the complexity of E2EE within payments and enterprise security." READ MORE »
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