More NewsRBS WorldPay Chooses Semtek for End-to-end Security

RBS WorldPay Chooses Semtek for End-to-end Security

RBS WorldPay, the US-based payment processing division of The Royal Bank of Scotland Group, has signed a multi-year agreement with Semtek to supply the merchant acquirer with end-to-end security services and infrastructure for RBS WorldPay US merchants.

Semtek’s Cipher Decryption Service (CDS) is being installed on RBS WorldPay’s host systems to capture transactions that have been encrypted in multiple formats. Point-of-sale (POS) encryption occurs entirely within the Tamper-resistant Security Module of the payment device or at the encrypting read head, and no decryption occurs until the transaction is within the RBS WorldPay host environment.

Ian Drysdale, senior vice president of RBS WorldPay, said: “RBS WorldPay intends to provide the merchant community with the most flexible and effective means of continuous security for payment card data. With Semtek’s large, and growing, installed base of merchants, we have a proven solution and a highly strategic partner whose product road map will benefit us for years to come.”

Comments are closed.

Subscribe to get your daily business insights

Whitepapers & Resources

2021 Transaction Banking Services Survey
Banking

2021 Transaction Banking Services Survey

2y
CGI Transaction Banking Survey 2020

CGI Transaction Banking Survey 2020

4y
TIS Sanction Screening Survey Report
Payments

TIS Sanction Screening Survey Report

5y
Enhancing your strategic position: Digitalization in Treasury
Payments

Enhancing your strategic position: Digitalization in Treasury

5y
Netting: An Immersive Guide to Global Reconciliation

Netting: An Immersive Guide to Global Reconciliation

5y