TNS Transact Newsletter - US Edition - October 2014
Click here to load reader
-
Upload
tnsimarketing -
Category
Technology
-
view
80 -
download
0
description
Transcript of TNS Transact Newsletter - US Edition - October 2014
Share this email View website
Contact us
Welcome to Transact
In this issue, which combines features from
both areas of our business - Payment
Network Solutions and Payment Gateway
Solutions - we have among other items, an
interview with Lisa Shipley about her vision for
TNS' Payment Network business and a
summary of our latest infographics which look
into how various aspects of consumer
behavior are impacting retailers' payments.
If you have any questions about anything within Transact, please contact me on 703 453
8300 or email [email protected].
Dan
Lisa Shipley in the Hotseat
Renowned payments industry specialist
Lisa Shipley joined TNS a year ago
and was a pivotal figure in the
company’s strategic move to create a
dedicated Payment Network Solutions
business.
As Executive Vice President and
Visa Checkout on TNSPay
TNS is giving its TNSPay customers the
opportunity to add digital payment
technology to their payments
infrastructure by introducing the latest
digital payment service – Visa
Checkout – to its platform.
Visa Checkout, which was launched by
Managing Director of this unit, Lisa
leads a global team responsible for
TNS’ network connectivity services and
related value-added products, such as
point-to-point encryption.
We put Lisa ‘in the hotseat’ to find out
about her aspirations for TNS, the
products she considers key and her
involvement with the trade organization
W.net.
Read our feature here
Visa across Australia, Canada and the
US in July is a quick and easy payment
service that enables consumers to pay
for goods online, on any device, in just a
few clicks.
Using Visa Checkout with TNSPay
enables you to strengthen your
payments infrastructure and offer your
customers more choice simply and cost-
effectively. Please contact your account
manager or email
[email protected] to find out more.
Insight into Consumer Behavior
A new survey, commissioned by TNS, has put
the spotlight on UK consumer behavior related
to contactless payments, making cross border
transactions and the use of smartphones as
an aide to purchasing decisions instore.
Check out our new infographics which
highlight the most interesting elements of the
results, including:
Contactless Payments
30% of US shoppers have made a
contactless payment transaction
1 in 3 would like to make a contactless
transaction but do not have a
contactless enabled credit or debit
card
Overseas eCommerce
1 in 2 have abandoned online purchases on foreign websites which do not accept
forms of payment they trust
64% of 18 – 24 year olds are willing to buy from foreign websites with trusted
forms of payment, compared to only 43% of 55 – 64 year olds
Mobile Phone Use Instore
49% pull out their phone instore to check prices are competitive
46% refer to product reviews on their smartphone while instore
View the full infographic on: Contactless Payments, Overseas eCommerce, Mobile
Phone Use Instore
AT & T Eliminates 2G Coverage
Customers using TNSPay Mobile are
being impacted by AT&T’s decision to
end of life all 2G services no later than
December 2016. The move away from
2G has already begun with 2G support
in some markets being eliminated or
reduced this year.
If you use or have customers using 2G
terminals to access the TNSPay Mobile
service, it is essential that all new
deployments are on 3G capable devices
and all 2G terminals are migrated over
at the earliest opportunity. TNS will
reach out to you with more details
surrounding timeframes.
TNSPay Mobile supports 3G terminals
and will continue to certify new devices
and applications as they become
available.
DDoS Attacks a Growing Problem in Payments Industry
Over the last decade, we have
experienced the exponential rise of
Internet-connectivity, leading to Internet
access almost becoming a commodity.
With that widespread availability of
access, service providers in the
payments industry are offering
unprecedented access to information
and services across that medium.
As the ease of access and our
dependency on Internet-based services
grows, so does the threat landscape
and the potential for service impacting
attacks. One of the most prevalent
attacks against Internet services is the
Distributed Denial of Service (DDoS)
attack.
Find out about the measures TNS is
taking to protect against DDoS
Find out more
attacks
Join us at Money20/20
TNS will be exhibiting at Money20/20 next
month and we would love to catch up with you
there. Mike Keegan, Co-Chief Executive
Officer, Lisa Shipley, Executive Vice President and Managing Director of TNS’ Payment
Network Solutions and Tiffany Trent-Abram, Vice President of Product Management, will
be meeting with leading industry figures and discussing the latest advancements in
alternative payment technologies.
This years’ event promises to be an exciting and informative occasion, bringing together
over 6,000 key industry players from more than 50 countries. At the heart of the agenda is
how the evolution of payments is being influenced by disruptive innovations in commerce
at the intersection of macro trends, such as mobile, retail, marketing services, data and
technology.
If you would like to schedule a meeting with Mike, Lisa or Tiffany at Money20/20, please
email [email protected].
Preparing for PCI DSS V3.0
We caught up with Umer Ayub, TNS’ Vice
President of Global Risk Management and a
respected PCI DSS expert in the industry to
find out how TNS is getting ready for PCI DSS
version 3.0.
Read our insightful interview
New White Paper: IP Payment Network Security
Are you considering moving your card
payment transaction network away from
a traditional dial, X.25 or frame relay
network to an open IP network?
This can help to simplify your business
and create new business opportunities;
however, it can potentially expose your
firm to more risks.
Our new white paper entitled ‘Bridging
the Security Gap for IP Payment
Networks’ considers a range of security
measures, including:
• Understanding the risks of moving to
IP
• Protecting from Distributed Denial of
Service (DDoS) threats
• Holistic network security,
equipment, personnel and process
• Securing against hacking attacks
Download white paper
Digital Security Focus at MAG
Ash Forsyth, TNS’ Manager of
Technical Solutions, addressed the
sensitive topic of cardholder data fraud
as a panelist at the Merchant Advisory
Group’s annual conference in Florida
last month. With new data breaches
being disclosed at a seemingly constant
rate, delegates were keen to hear about
the best approaches to managing their
security investments in light of today's
risks.
Ash said: “Criminal activity is becoming
increasingly sophisticated and
merchants need to dedicate time and
resources to deploying a plan which
protects against these new threats. It
was pleasing to see interest from
merchants in attendance and I found
myself having many further
conversations about this topic
throughout the event.”
If you are interested in hearing more
contact Ash at [email protected] or
call 703-453-8300.
Seasonal Change Freeze
The dates of the TNS annual network freeze
are from November 26, 2014 through January
4, 2015. If you have a question about the
network freeze, please contact your TNS
account manager.
Get Connected
You can follow and connect with TNS on:
where news and updates are posted regularly
Forward to a colleague or friend.