What "Type" of Problems Can HomeATM Solve?

1. Weak Online Banking Log-in
   
   


2. "Card Not Present" Fraud


3. Insecure Online Payment Card Transactions

• 
  
  Why is that important "Today?"  Because... (see chart below) 
  
  

• HACKER's TARGET: BANKS


• LEADING TYPE of FRAUD: "CARD NOT PRESENT" FRAUD


• ALL TYPEs OF CARDS TARGETED: CREDIT, DEBIT AND PREPAID
  
  
  
  

NECESSARY RESOURCE:

A product that can secure online banking log-in...

replicating the same trusted method used to disperse cash in real-time

NECESSARY RESOURCE:

A Product that  can Eliminate the Ever Dangerous "Card Not Present" Environment, thus the leading cause of all payments fraud, "Card Not Present" Fraud



By swiping your card, it captures the data contained on the magnetic stripe, which is then instantaneously 3DES DUKPT encrypted.  Both the Track 1 AND Track 2 data... "inside the device."  Furthermore, our device captures the PVV (PIN Verification Value) and PVKI (PIN Verification Key Index) and 3DES/DUKPT encrypts the PIN data for secure, "outside the browser" transactions.

NECESSARY RESOURCE:

A product which works with every bank card, using existing bank rails.





No Question:



The fact that Visa, MasterCard, Discover, AMEX and JCB (those entities which comprise PCI)  inspected, analyzed, tested and then provided HomeATM's device with "PCI 2.x PIN Entry Device Certification," demonstrates unequivocally, it's ability to capture the magnetic stripe data, securely encrypt it and transmit the encrypted cardholder data packet securely to it's destination.



100% Mimics Retail POS Terminal.  The only differentiation being that HomeATM's

PIN Entry Device takes encryption a step further and also 3DES/DUKPT encrypts the Track 2 data

Related articles by Zemanta

• 1.2 Billion Reasons Banks Should Choose HomeATM (pindebit.blogspot.com)


• Customers 'Blamed for Card Fraud' by Bank (pindebit.blogspot.com)


• Quote of the Day: Inside the Browser is Perfect Place for Criminals to Be... (pindebit.blogspot.com)


• Online Banking's Ticking Time Bomb... (pindebit.blogspot.com)


• Why Hasn't More Been Done About Card Not Present (CNP) Fraud? (pindebit.blogspot.com)


• Online Banking Report from FBI (pindebit.blogspot.com)


• Consumers DO WANT Security over Convenience...How About Both? (pindebit.blogspot.com)


• Swipe Out Phishing! (pindebit.blogspot.com)


• Chat In the Middle Online Banking Threat (pindebit.blogspot.com)


• More on Soaring Online Bank Fraud (pindebit.blogspot.com)


• Criminals Sitting on Stolen Data "Timebomb" (pindebit.blogspot.com)