FAC’s new PCI Validated P2PE solution, powered by Bluefin Payments, delivers technology innovation award
First Atlantic Commerce (FAC), a global online payments technology company, won first place in the “Innovation of the Year – International Market Focus” category at the Bermuda Government’s Department of ICT Policy and Innovation’s TechAwards ceremony last week.
FAC picked up the Award for delivering the first PCI validated P2PE call center solution in the Latin American Caribbean region through its Virtual Terminal product. Powered by solution provider, Bluefin Payments, FAC’s P2PE call center solution utilizes the PCI-approved P2PE ID tech SREDKey, enabling back office operators to securely key enter Mail Order/Telephone Order (MOTO) payments.
PCI validated P2PE encrypts cardholder data at the Point of Interaction (POI) in a PCI approved P2PE device, and decryption is done off site in an approved Bluefin Hardware Security Model. The solution prevents clear text cardholder data from being present in a merchant or enterprise’s system or network where it could be accessible in the event of a data breach.
The 10th annual awards presentation and reception took place at the XL Catlin Conference Room in O’Hara House on Bermudiana Road on Tuesday, November 21, 2017, to publicly recognize the outstanding achievements being made in information technology in Bermuda.
Chris Burns, FAC’s CEO said: “We are honoured to win this award and I thank the Department of ICT Policy and Innovation for recognizing us as outstanding in the payment technology space. I would also like to commend the FAC team for their exceptional work on this project, and congratulations to the Bermuda TechAwards on their 10th anniversary.”