Thales News Release

Thales Showcases Payment Innovations At Visa Risk Summit In Brazil

June 17, 2013

Thales enables customers to meet the challenge of mobile payments, EMV and PCI DSS

Thales, leader in information systems and communications security, will be showcasing its line of high assurance data protection and payments security solutions at the Visa Risk Summit, São Paulo, Brazil, June 20, 2013.

The Visa Security Summit addresses and engages the audience on how the industry can better secure the future of payments. The payments world is undergoing major disruption with innovations at the point of sale (POS) such as contactless card, mobile payments and mobile point of sale (mPOS). The emergence of alternative payment providers such as PayPal, Google and Square challenging banks and traditional payment acquirers together with investment in improved fraud detection such as EMV cards, mobile authentication technology and new approaches to reduce the burden of compliance, further impacts the market environment.

Cindy Provin, president Thales Inc., says:

“Paying for a product or service with a credit or debit card or indeed a mobile phone must remain easy, efficient, and above all safe. Each purchase launches a complex, automated, and highly integrated process involving not just merchants but also banks, acquirers, payment processors and potentially a host of other players. Thales has extensive expertise and leadership in providing security for the payment market with long-standing partnerships with leading payment processing vendors, including Visa. Technology is currently propelling payments into hyper drive, and events such as the Visa Security Summit allow us to reflect on innovation and showcase new products that are shaping the future of payments.”

Thales is a world-class expert in secure transaction solutions for payments including payment processing, EMV issuance, mobile provisioning, mobile payments, mobile payment applications security evaluations and PCI DSS compliance. Visit Thales on booth #10 at the Visa Risk Summit, São Paulo, to see how our products and services secure payments in both the new and traditional payments worlds.

For industry insight and views on the latest payment security and authentication trends check out our blog