INDIANAPOLIS – re:Member Data Services (RDS) has begun upgrading client ATMs with the new Triple DES security standards required by card issuers including Visa and MasterCard. The first installation was at an ATM belonging to $27 million Jet Credit Union in RDS' hometown of Indianapolis. The installation required Jet to load new encryption keys at the ATM and RDS to load those keys on a secure-encryption device in the core processing vendor's service bureau center. The ATM was brought back online after installation and both on-us and foreign transactions were tested to verify successful processing. RDS said the process took less than an hour. Triple DES security helps protect consumers' personal identification numbers by replacing the current encryption standard with a triple encryption algorithm.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
