Intel claimed an industry first point of sale encryption technology with the announcement of Data Protection Technology for Transactions (DPTT) devices to handle consumer and financial data.
The technology has been developed with NCR.
DPTT is designed to provide an additional layer of protection to payment process which involves the use of hardware powered by Intel Core and some Intel Atom chips.
The software runs on Intel chipset to secure the transaction between data centres and POS devices used in retail environment.
DPTT reduces the risk of data breach by establishing a secure pipeline via which transactions can ask for payment authorisation, and provides a common security management capability for retailers to use regardless of the original POS.
Intel said that DPTT supports EMV (Europay, Mastercard and Visa) payment systems along with NFC enabled solutions like Google Wallet and Softcard.
The technology can be adopted by non-retail industries and applications used for driver’s license identity and handling of passport in airports.
Intel director of Mobility Retail and Payments Michelle Tinsley said: "This solution introduces a significant improvement in today’s retail transaction data protection without costly hardware upgrades, and provides retailers a path for adopting new Internet of Things technologies."
"It also sets the stage to expand to other industries such as financial services, healthcare or even government agencies."
Pic courtesy of http://www.ncr.org.uk