|[January 07, 2014]
Research and Markets: Payment Privacy Protection - Global Security Implications
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/cjwr8t/payment_privacy)
has announced the addition of the "Payment
Privacy Protection - Global Security Implications" report to
Payment fraud continued to increase across Europe in 2012. France and
the United Kingdom were the most notable market regions targeted. The
increase of smartphones and tablets has changed the way people use
professional and personal communication devices. During the payment
process, risks are high, especially during a card not present (CNP)
payment. This market insight presents an overview of the key trends in
the payment privacy market and assesses security risks for mobile
transactions. Further, the study highlights the key success factors for
identity access management (IAM), and provides strategic recommendations
for organizations that want to implement a secure payment solution.
- Provide a market and techology analysis of the latest trends across
the European payment privacy protection market.
- Provide strategic recommendations to key stakeholders of the payment
privacy protection market in Europe.
Payment Privacy Protection refers to protecting personal or sensitive
payment data to secure mobile payment transactions.
Single European Payment Area (SEPA) Payments are cross-border payments
conducted within the SEPA zone. The SEPA zone consists of all European
Union (EU) countries, Economic European Area (EEA) countries,
Switzerland, and Monaco.
There are three initiatives for SEPA:
1. SEPA Direct Debits (SDD): When fully implemented, any account in a
SEPA country can be charged from another SEPA country.
2. SEPA Credit Transfers (SCT): When fully implemented, they enable
seamless domestic, cross-border transfer of funds within the SEPA area.
3. SEPA Cards Framework: This enables consumers to seamlessly use their
home-country-issued cards in any SEPA country. Migration to SEPA cards
framework is to a great extent measured in terms of Europay, MasterCard (News - Alert),
and Visa (EMV) migration.
Mobile Payment Application is a dedicated brand application for payment
(e.g., Starbucks, McDonald's), while mobile wallet is an ePurse that
provides additional services such as couponing or balance information.
Key Topics Covered
1. Executive Summary
2. Card Fraud: A Global Overview
3. The Need to Secure Mobile Devices
4. Combined Software and Hardware Approach
5. An Identity Access Management Approach
8. The Frost & Sullivan (News - Alert) Story
For more information visit http://www.researchandmarkets.com/research/cjwr8t/payment_privacy
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