Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
PULSE introduces Internet PIN debit
HOUSTON (7/15/10)--PULSE has introduced Internet PIN debit, which allows financial institutions--including credit unions--to deliver personal identification number (PIN)-based online transaction verification to consumers who buy from e-commerce merchants. With PULSE Internet PIN Debit, consumers are given the option of completing an online transaction with a PIN. Consumers are then prompted to enter their PIN and complete the transaction, using a graphical, scrambling PIN pad that can be customized with the card issuers’ logo and debit card design. The cardholder clicks the mouse on a number and the PIN pad re-scrambles as each subsequent digit is elected. The PIN is not captured on the computer or transmitted over the Internet. The solution uses Acculynk’s PaySecure Internet PIN debit software. It guards against phishing because several attributes are displayed during the transaction, including merchant branding, financial institution identifiers, and the Verisign Secured Seal. Acculynk’s Internet PIN debit software service is integrated directly into the online checkout process, eliminating the need for cardholders to enroll or be redirected to another site to complete purchases, PULSE said.


RSS print
News Now LiveWire
Worldwide #creditunion growth: Nearly 57K CUs now serve 208M members #NewsNow http://t.co/vrSv3Gvp7X
45 minutes ago
July issue of @TheNCUA Report is now available at: http://t.co/UD8EP3vr2E.
2 hours ago
The Hill reports frmr Rep. Barney Frank will defend Dodd-Frank Act tomorrow at House Fin Serv hearing on impact 4 yrs after enactment.
3 hours ago
.@pressrepublican lauds @DannemoraFCU for shred fest: 'truly important in this era of identity theft' http://t.co/hnJUBO1iSR
3 hours ago
Consumers stashing #cash in checking accounts: Moebs #NewsNow http://t.co/WPaPkzHufK
3 hours ago