FAC and Bluefin team up on payment security
Bermudian firm First Atlantic Commerce has joined forces with a major US secure payment technology firm to boost data security.
The company will use Atlanta-based Bluefin Payment Systems’ payment card industry-validated point-to-point encryption (P2PE) technology to increase the safety of transactions by cutting out card information which could be used by hackers.
Christopher Burns, CEO of First Atlantic Commerce said: “Our company specialises in global processing solutions with major merchants and banks and as such, the security of our data and transactions is of the most importance to First Atlantic Commerce.”
“PCI-validated P2PE is the gold standard in card present and MOTO payment security and we are excited to offer this solution to our clients through our existing platform.”
Through the partnership, FAC will provide clients Bluefin’s technology through their payment platform, which enables multi-currency, international and/or offshore mobile, MOTO and virtual terminal credit card processing, with multi-currency, multi-jurisdictional settlement through a single interface.
Greg Cornwell, senior vice-president of Security Solutions at Bluefin said: “With this partnership, First Atlantic Commerce becomes the first payments provider to offer a PCI-validated P2PE solution in Latin America and the Caribbean.
“PCI-validated P2PE devalues credit and debit card data, making it useless to hackers in the event of a data breach, while also reducing PCI scope.
“We are excited to bring the security and cost benefit of our solution to FAC clients.”