Business
ACI Worldwide and Dover Fueling Solutions Collaborate on Data Security Offering for Increased Fuel Pump Security
Joint point-to-point encryption (P2PE) security offering to help protect customer credit and debit card data at the pump MIAMI & AUSTIN, Texas--(BUSINESS
About this update from Aci Worldwide, Inc.
[{"type":"text","content":"\nJoint point-to-point encryption (P2PE) security offering to help protect customer credit and debit card data at the pump\n\n MIAMI & AUSTIN, Texas--(BUSINESS WIRE)--\nACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software, and Dover Fueling Solutions (DFS), a leading developer of advanced customer-focused technologies, services and solutions for the fuel and convenience industries, today announced their collaboration on a point-to-point encryption (P2PE) data security offering. This will increase protection for consumers’ credit and debit cards at fueling dispensers, significantly reducing the risks of costly data breaches for these merchants.\n\nACI and DFS jointly serve some of the world’s largest merchants that process fueling and car wash transactions, and with the recent liability shift in the U.S., these vendors require increased security measures. Beyond EMV, this includes P2PE, which will further secure card data at a critical potential breach point during payment processing. The DFS solution leverages Wayne® RSA encryption as an acquirer, PIN Entry Device and point of sale-agnostic solution that can be implemented for fuel convenience retailers’ forecourt transactions. The solution works to secure payments on DFS hardware in a variety of set ups—whether the customer uses the card reader or a contactless TAP reader with their card or mobile wallet.\n\nThe joint solution focuses on encrypting PCI cardholder data immediately at the point of interaction, and it protects the data from the point it is entered to the point it is decrypted at the payments platform. This technology protects sensitive data from skimmers, network sniffers, malware and other threats on both internal and external networks. P2PE is foundational in securing a payments network.\n\n“Now more than ever, it’s imperative for fuel retailers to have fully secured, simple and scalable payment solutions and P2PE is how we can best provide this support to our customers,” said Matt Tormollen, vice president and general manager of global solutions, DFS. “We’re excited to collaborate with an industry leader like ACI for connected commerce solutions that protect consumers at the pump and lessen cybersecurity risk and data breaches for our fuel and convenience retailers.”\n\n“Merchants with fuel dispensers are looking for a s...