London – February 10, 2011 – HSBC Merchant Services, a wholly-owned subsidiary of Global Payments Inc, has won the prestigious ‘Best Security or Anti-Fraud Development’ Award at the 2011 Card & Payments Awards.
The awards, held at The Grosvenor House Hotel, brought together prominent executives to recognise customer service, excellence and innovation among its members in the card payments industry across the UK and Ireland.
HSBC Merchant Services won the award for its launch of Commidea’s Ocius Sentinel solution in the UK. This innovative new solution supports a major advance in security and a step-change in the ease of PCI DSS compliance for merchants who take in-store transactions. It has also become the first end-to-end encryption card payment solution to achieve Payment Application Data Security Standard (PA-DSS) certification.
Ocius Sentinel uses dual-layered encryption of card data, which provides an extremely high level of protection on all card data. This dramatically reduces the work that merchants need to do to become PCI compliant.
Chris Davies, Managing Director of HSBC Merchant Services said: ‘We are thrilled to accept this award for the third time in the past four years. We believe that the issues of security and fraud are of the utmost importance in the cards and payments industry and HSBC Merchant Services always strives to offer the best products and services on the market to help our merchants.’
Ian Rutland, Director of Marketing and Communications at Commidea said: ‘We are delighted to have been able to work with HSBC Merchant Services to get people talking about, and using, Ocius Sentinel.
‘Many merchants are seeing the benefits of using our unique solution, and it is fantastic that it has received such great recognition in the industry.’
HSBC Merchant Services fought off competition from Bank of America, Lloyds banking group, Moneybookers and Nationwide to win the title.
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About HSBC Merchant Services
HSBC Merchant Services LLP is a wholly-owned subsidiary of Global Payments Inc.
Global Payments Inc. (NYSE: GPN) is a leading provider of electronic transaction processing services for merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, Europe, and the Asia-Pacific region. Global Payments, a Fortune 1000 company, offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery including electronic check services, as well as terminal management.
Megan Rex
Fleishman-Hillard
Tel: +44 (0)20 7395 7049
E-mail: megan.rex@fleishmaneurope.com
Alan O’Sullivan
Fleishman-Hillard
Tel: +44 (0) 20 7395 7017
E-mail: alan.osullivan@fleishmaneurope.com
About Commidea and Point International
Commidea is part of the Point International Group of companies. Point is the leading European provider of electronic payment solutions and supports over 300,000 customers in the Nordic, Baltics and the UK through the provision of innovative and secure card payment solutions. Every day more than 7 million secure card transactions are handled through Point solutions. The Group manage more than 450.000 payment devices and customers range from large high street retail names to small independents, award winning e-commerce sites and many leading mail order companies. Point also operates an installed base of more than 5000 ATMs in the region. The Group is present in the UK, Denmark, Finland, Norway, Sweden, Iceland, Latvia, Estonia and Lithuania and employs over 600 staff.
Commidea has built a reputation for reliability, innovation and excellence and has developed Ocius, a Chip & PIN solution which is pre-certified by the banking community that has set new standards within the industry. Ocius Sentinel, is the first UK certified solution to offer complete end-to-end encryption enabling fast and secure processing.
Working with a network of business partners throughout the UK, Commidea delivers a managed, PCI DSS compliant, multi-channel payment solution to all sizes of business. Commidea also supports many of the country’s leading specialist distributors and system integrators.
www.commidea.com and www.pointinternational.com
Nikki Scrivener or Liam Collis
Fourth Day PR
Tel : +44 (0) 20 7403 4411
Email : nikki@fourthday.co.uk or liam@fourthday.co.uk
