Pni33
14 years ago
Hypercom's Optimum 4200 Countertop and Mobile Products Achieve PCI PTS 2.1 Security Approval
Last Update: 6/15/2010 9:28:00 AM
Hypercom's Optimum 4200 Countertop and Mobile Products Achieve PCI PTS 2.1 Security Approval
SCOTTSDALE, Ariz., Jun 15, 2010 (BUSINESS WIRE) -- High security electronic and digital transactions solutions provider Hypercom Corporation (HYC) today announced that both its Optimum T4200-2.0 countertop and M4200-2.0 mobile product lines have achieved PCI PTS 2.1 certification, the payment security standard formerly called PCI PED. Hypercom's countertop and mobile terminal product family is the first among the top three electronic payment providers to achieve this rigorous security standard.
The certification covers the Company's fixed countertop and mobile payment terminals sold in markets throughout Europe, including the Optimum T4210-2.0 (dial), T4220-2.0 (Ethernet with dial), T4230-2.0 (GPRS with dial) countertop and M4230-2.0 GPRS and M4240-2.0 Bluetooth mobile card payment terminals. These products include additional features such as USB host and client, SD (Secure Digital) card reader, extra serial ports and space-saving ergonomics.
Each Optimum terminal also incorporates Hypercom's full X509 PKI (public key infrastructure) HyperSafe(R) Secure security layer to protect the terminal and applications from hacking and malware attacks. Protecting the operational procedures and maintenance of payment terminals is just as important as protecting cardholder data. Hypercom's HyperSafe suite of security products defends terminals from rogue applications and malware, protects the terminal management system from communicating with fraudulent terminals and provides the industry's only remote key management system. The key benefit for banks, processors and large retailers: protects their investment in the point of sale estate, reduces the potential for fraudulent use of terminals and ensures the secure transport of cryptographic keys.
In meeting the latest PIN entry device security requirements set for newly introduced products by the Payment Card Industry Security Standards Council (PCI SSC), Hypercom's popular Optimum 4200 products are in compliance for sales until 2017.
"Hypercom continues to achieve the security benchmarks that its competitors seek to attain," said T.K. Cheung, Vice President, Global Quality and Security, Hypercom Corporation. "No competitor has a better security lineup than Hypercom, and we are committed to delivering business solutions that enable millions of businesses and consumers to safely conduct electronic transactions each and every day."
Hypercom's leadership in payment security is recognized globally. The company is a founding member of the Secure POS Vendor Alliance (SPVA), and was the first to introduce an industry standards-based remote key injection product, and the first electronic payment solutions provider to implement end-to-end card data encryption.
About Hypercom
Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions and services. The Company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, petroleum, healthcare, prepaid, self-service and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.
Hypercom, HyperSafe and Optimum and Design are registered trademarks of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.
This press release includes statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding market acceptance of new products, product capability and performance, product competitiveness, product sales, revenues, profits and market share. These forward-looking statements are based on management's current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include: industry, competitive and technological changes; the loss of, and failure to replace any significant customers; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and services; compliance with industry standards, certifications and government regulations; the performance of distributors, suppliers, contract manufacturers and subcontractors; risks associated with international operations and foreign currency fluctuations, the state of the U.S. and global economies in general and other risks detailed in our filings with the Securities and Exchange Commission, including the Company's most recent 10-K and subsequent 10-Qs and 8-Ks. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. HYCP
SOURCE: Hypercom Corporation
Copyright Business Wire 2010
Pni33
14 years ago
Suncorp, Hypercom and Live TaxiEpay Strengthen Position in the Taxi Vertical
Last Update: 6/8/2010 9:28:00 AM
Suncorp, Hypercom and Live TaxiEpay Strengthen Position in the Taxi Vertical
Innovators Deploying 3,500+ Hypercom Optimum M4230 Systems in Sydney and Melbourne
MELBOURNE, Australia & SCOTTSDALE, Ariz., Jun 08, 2010 (BUSINESS WIRE) -- Hypercom Corporation (HYC) today announced that Suncorp and Live TaxiEpay will supply Hypercom Optimum M4230 mobile payment terminals to more than 3,500 taxis transporting over 110,000 customers per day. The rollout is already under way in Sydney and Melbourne and is expected to be completed within the next six to 12 months.
"Our Live TaxiEpay system with Hypercom is one of the leading taxi payments solutions that allow taxi operators and drivers to get paid more frequently and directly for their work and gain a percentage of the card transaction service fee, improving industry cash flow. Live TaxiEpay also allows drivers and operators to receive cash for their transactions or have funds directed straight to their bank account. This innovative and compelling value proposition has created strong and growing demand from drivers across the country," said Tom Varga, CEO, the Live Group.
Unlike competitor systems, the Live TaxiEpay solution also gives taxi operators and drivers the ability to cash in their vouchers at exchange centers such as service stations, without being charged a commission. Drivers can also relax at Live Group's dedicated driver lounges where free coffee, free internet and Foxtel is available.
"We bring the widest array of payment solutions to the market backed by the industry's strongest security, and we do it with leading financial institutions like Suncorp and innovators like Live TaxiEpay," said Jacques-Herve Maupin, Managing Director, Hypercom Asia Pacific. "With this rollout, we bring more choice to the market and strengthen our footprint in the region and in the transportation sector."
Hypercom's high-performance, PCI-PED-approved M4230 features long-range GPRS with dial back-up, the industry's top security certification, 32-bit multi-application processing for maximum transaction speed and 24MB memory that is two to three times larger than similar products to accommodate value-added applications.
About the Live Group
The Live Group is a transaction processing business currently specifically servicing Australian taxi drivers/operators and corporate customers.
Live TaxiEpay is a wholly owned subsidiary of the Live Group specifically involved in supplying EFTPOS terminals and additional value-added services to the Australian taxi industry. Live TaxiEpay was developed through the merger of TaxiEpay and Live Payments in November 2008. Live Group's other subsidiary, Live Payments, provides a unique corporate taxi payments solution and online reconciliation portal that assists corporate users in tracking their taxi expenditure. Live Payments can deliver significant time and cost savings to the corporate user.
About Hypercom
Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions and services. The Company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, petroleum, healthcare, prepaid, self-service and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.
Hypercom is a registered trademark of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.
This press release includes statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding market acceptance of new products, product capability and performance, product competitiveness, product sales, revenues, profits and market share. These forward-looking statements are based on management's current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include: industry, competitive and technological changes; the loss of, and failure to replace any significant customers; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and services; compliance with industry standards, certifications and government regulations; the performance of distributors, suppliers, contract manufacturers and subcontractors; risks associated with international operations and foreign currency fluctuations, the state of the U.S. and global economies in general and other risks detailed in our filings with the Securities and Exchange Commission, including the Company's most recent 10-K and subsequent 10-Qs and 8-Ks. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. HYCP
SOURCE: Hypercom Corporation
Copyright Business Wire 2010
Pni33
14 years ago
Hypercom to Present at Noble Financial Sixth Annual Equity Conference: ONTRACK 2010
Last Update: 6/1/2010 4:02:00 PM
Hypercom to Present at Noble Financial Sixth Annual Equity Conference: ONTRACK 2010
SCOTTSDALE, Ariz., Jun 01, 2010 (BUSINESS WIRE) -- Hypercom Corporation (HYC) today announced that Chief Financial Officer Thomas B. Sabol will present at the Noble Financial Sixth Annual Equity Conference on Tuesday, June 8 at 11:00am EDT, at the Hard Rock Hotel in Hollywood, Florida. Joining Mr. Sabol will be Scott Tsujita, Senior Vice President, Finance, Treasury and Investor Relations.
Webcast
To access a webcast of Hypercom's presentation, please go to or at least ten minutes prior to the presentation to register. The webcast will also be archived and available for seven days following the live broadcast at .
About Hypercom ()
Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions and services. The Company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, petroleum, healthcare, prepaid, self-service and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.
Hypercom is a registered trademark of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.
This press release includes statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding market acceptance of new products, product capability and performance, product competitiveness, product sales, revenues and profits, market share, and expected acquisition results and benefits. These forward-looking statements are based on management's current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include: industry, competitive and technological changes; the loss of, and failure to replace any significant customers; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and services; compliance with industry standards, certifications and government regulations; the performance of suppliers, contract manufacturers and subcontractors; the ability to successfully integrate the technologies, operations and personnel of acquired businesses in a timely manner; the ability to obtain the expected strategic and financial benefits from acquisitions; risks associated with international operations and foreign currency fluctuations, the state of the U.S. and global economies in general and other risks detailed in our filings with the Securities and Exchange Commission, including the Company's most recent 10-K and subsequent 10-Qs and 8-Ks. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. HYCF
SOURCE: Hypercom Corporation
Copyright Business Wire 2010
Pni33
14 years ago
Hypercom's HyperSafe Secure Meets SPVA Requirement Guidelines for End-to-End Payment Data Protection
Last Update: 5/27/2010 9:05:00 AM
Hypercom's HyperSafe Secure Meets SPVA Requirement Guidelines for End-to-End Payment Data Protection
SCOTTSDALE, Ariz., May 27, 2010 (BUSINESS WIRE) -- Hypercom Corporation (HYC) today announced that its existing HyperSafe(R) Secure suite of payment data encryption technology meets the new security requirement guidelines issued by the Secure POS Vendor Alliance (SPVA). Hypercom's HyperSafe Secure suite is available globally.
Hypercom introduced the payment industry's first end-to-end encryption technology in 2006 with its HyperSafe Secure EFTSec Server(TM). EFTSec is used by major banks, is licensed to and implemented by several major terminal manufacturers, and is the defacto industry standard for payment terminal initiated link encryption in Asia. Unlike recently introduced competitor solutions that require the purchase of custom equipment or utilize third party decryption services, EFTSec leverages a bank's or retailer's existing network infrastructure.
In October 2009, Hypercom announced five key initiatives to boost the payment card industry's ability to thwart payment card data fraud. Last month, the Company expanded that effort, teaming with First Data Corporation to further combat card data fraud.
The just-announced SPVA end-to-end security requirement guidelines are designed to promote information security best practices and provide merchants with a clear understanding of what encryption features should provide to reduce information security risks related to payment account data; and, as a subsequent benefit, reduce a bank's or retailer's burden of compliance with Payment Card Industry Data Security Standards. The SPVA's objective is to create an industry encryption framework for payment account data to adequately secure card payment account data before it enters the application environment.
"It is absolutely essential that our industry deliver innovative and highly adaptable security solutions that meet each customer's individual technology choices and implementation requirements to protect cardholder data and preserve cardholder trust in the integrity of the electronic payment system. We are delivering just that with our HyperSafe Secure suite of solutions," said T.K. Cheung, Vice President, Global Quality and Security, Hypercom Corporation. "Hypercom offers the industry's widest array of payment card protection technologies to protect businesses and cardholders globally."
Hypercom's HyperSafe Secure suite delivers the payment industry's broadest range of protection options to protect businesses and simplify implementation, and includes solutions from Voltage Security, Inc., MagTek, Inc. and First Data Corporation.
Hypercom's HyperSafe Secure suite incorporates Hypercom's full X509 PKI (public key infrastructure) HyperSafe security layer embedded in every Hypercom Optimum card payment terminal to protect the terminal and applications from hacking and malware attacks.
Protecting the operational procedures and maintenance of payment terminals is just as important as protecting cardholder data. Hypercom's HyperSafe suite of security products defends terminals from rogue applications and malware, protects the terminal management system from communicating with fraudulent terminals, and provides the industry's only remote key management system. The key benefit for banks, processors and large retailers: protects their investment in the point of sale estate, reduces the potential for fraudulent use of terminals and ensures the secure transport of cryptographic keys.
About Hypercom ()
Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions and services. The Company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, petroleum, healthcare, prepaid, self-service and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.
Hypercom and HyperSafe are registered trademarks of Hypercom Corporation. EFTSec Server is a trademark of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.
This press release includes statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding market acceptance of new products, product capability and performance, product competitiveness, product sales, revenues and profits, and market share. These forward-looking statements are based on management's current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include: industry, competitive and technological changes; the loss of, and failure to replace any significant customers; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and services; compliance with industry standards, certifications and government regulations; the performance of suppliers, contract manufacturers and subcontractors; risks associated with international operations and foreign currency fluctuations, the state of the U.S. and global economies in general and other risks detailed in our filings with the Securities and Exchange Commission, including the Company's most recent 10-K and subsequent 10-Qs and 8-Ks. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. HYCP
SOURCE: Hypercom Corporation
Copyright Business Wire 2010
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