ACI Worldwide and Gilbarco Collaborate to Provide Secure, Flexible and Reliable Payments Infrastructure for Fuel, Grocery and Convenience Stores

General News

Summary

OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, and Gilbarco Veeder-Root, the worldwide leader for retail and commercial fueling operations, announced today that they are collaborating to jointly certify the ACI point-to-point encryption (P2PE) data security offering—enabling merchants to protect millions of consumers who use debit or credit cards at their fuel pumps. While EMV compliance will deter the usage of fraudulent cards, it does not solve the risk of breach and exposure of sensitive consumer cardholder data at the pump. “ACI not only has an industry-leading P2PE solution but decades of experience serving the fuel and convenience industry, and we are excited to work with them to jointly provide this new security offering. “EMV compliance is one layer of security, but P2PE increases protection levels; through our strategic partnership with Gilbarco, we’re delivering a joint secure payments platform with unified and agnostic P2PE capabilities that solves these challenges and further supports readiness for this year’s EMV liability shift.” ACI Worldwide is a global software company that provides mission-critical real-time payment solutions to corporations. Gilbarco Veeder-Root is the worldwide technology leader for retail and commercial fueling operations offering the broadest range of integrated solutions from the forecourt to the convenience store and head office.

Classifications

industries
Fintech & Banking
applications
Governance, risk and compliance

AskAI Classifications

Labels
Payments Software Fintech Fraud Detection Software

Linked Companies