Trustwave and Transaction Network Services to Offer Encryption Service
Aug 26, 2013 (Close-Up Media via COMTEX) --
Trustwave and Transaction Network Services, Inc. have joined forces to offer an open and vendor agnostic point-to-point encryption service designed to help merchants protect their customers' payment card information.
In a release, the Company noted that as part of the relationship, TNS will host Trustwave Point-to-Point Encryption technology in its network and data centers enabling TNS to take encrypted transactions from merchants, decrypt those transactions, and securely send transaction data to one or more of a merchant's payment processors or acquirers. The joint service will be an open platform that will interoperate with point-of-sale technologies and integrate with various payment processors.
"Our role in the lifecycle of payment card data is to help keep it as safe as possible for the merchants and retailers we connect with the world's banks, acquirers and processors," said David Cronin, Senior Vice President and General Manager of TNS' Payments Division, Americas. "Trustwave's experience in data protection and PCI compliance combined with our global reach and payment processing technical capabilities creates the perfect recipe for effective data and cyber risk protection for businesses that process payment card information."
"As a leader in compliance and information security, we are always looking for innovative ways to help payment processors, financial institutions and merchants protect their valuable data," said Doug Klotnia, General Manager, Compliance and Risk Management at Trustwave. "Since we will be connected to the TNS network, a network that reaches across a variety of platforms, we can expand our global reach to existing TNS and Trustwave customers as well as to new customers who are seeking better protection of their sensitive information."
Trustwave is a provider of compliance, Web, application, network and data security solutions.
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