This new offering enables FIME to not only provide functional compliance for payment brand specifications, but also perform security evaluation for payment terminals and mobile point of sale (mPOS) against the PCI PTS requirements set by the PCI Security Standards Council.
Advanced secure chip testing and consultancy provider, FIME, has expanded its services to offer PCI PTS (payment card industry – PIN transaction security) testing. This new offering enables FIME to not only provide functional compliance for payment brand specifications, but also perform security evaluation for payment terminals and mobile point of sale (mPOS) solutions against the PCI PTS requirements set by the PCI Security Standards Council.
The PCI Security Standards Council -an open global forum set up by American Express, Discover Financial Services, JCB International, MasterCard and Visa- is responsible for the development, management and promotion of the PCI security standards. PCI PTS, which is a mandatory requirement from all major payment brands, was implemented to raise standards of card data handling by ensuring point of sale terminals are highly secure and resistant to hacking.
The service, in partnership with EWA-Canada, a laboratory accredited by the PCI Security Standards Council, will offer terminal manufacturers the security expertise required to achieve PCI PTS compliance. This includes source code and product design review, vulnerability analysis and penetration testing before products are formally approved by the PCI Security Standards Council.
“The new service offers our customers a ‘one-stop shop’ for all of their terminal testing needs,” comments Christian Damour, FIME’s Security Business Line Manager. “This simplifies the process by reducing the complexity of managing various testing providers and requirements, which in turn speeds up product time to market.”
In addition, through its partnership with EWA-Canada, FIME can deliver testing for payment devices against Australian Payment Clearing Association (APCA) requirements and confirm that mobile point-of-sale (mPOS) solutions meet the specifications outlined in the Visa Ready Program for mPOS.
Christian continues: “EWA-Canada is a proven expert in security testing and maintains the same high standards as FIME. It was important for us to find a partner with a similar ethos to ensure that we consistently deliver quality results for our customers.