Chip Shot: Intel and Ingenico Group Collaborate for Secure IoT Payments

Today, at the Transact 15 show in San Francisco, Intel announced acollaboration with Ingenico Group to  combine Intel technology with Ingenico Group secure payment technology for secure, connected mobile payment solutions. Together, the companies will develop a mobile tablet that supports EuroPay, MasterCard and Visa (EMV) and NFC payments. The tablet will feature Intel® Data Protection Technology for Transactions, which offers end-to-end protection of customer data from the moment a card is presented to information stored in the cloud. The collaboration comes just in time – in October 2015, the liability shift associated with the chip-and-pin payment system is due to take effect in the U.S., and merchants are starting to recognize the need for security practices beyond compliance while meeting customer experience expectations.