Elavon Expands Its Powerful Suite of Security
Solutions
End-to-End Encryption and Advanced Tokenization Technologies Help Merchants Secure Data while
De-scoping Select PCI Compliance Audit Requirements
June 08, 2010 06:04 AM Eastern Daylight Time
ATLANTA--(EON: Enhanced Online News)--Elavon, a wholly owned subsidiary of U.S. Bancorp (NYSE: USB)
and a leading global payments provider, has chosen to extend its comprehensive security solutions suite by adapting
technologies from Semtek and Voltage Security to include end-to-end encryption capabilities for its acquiring and
gateway solutions. Additionally, Elavon has developed advanced tokenization schemes that will allow merchants to
securely access card data for future transactions.
Elavon's suite of security solutions supports multiple configurations that are mapped to the business needs, point-of-
sale infrastructure and processing environment for merchants from a variety of industries. The adaptation of Semtek's
and Voltage Security’s encryption technologies further complements Elavon’s delivery of secure solutions while
providing a single source for all payment solutions — from security to processing, funding and support.
"End-to-end encryption and advanced tokenization are rapidly becoming preferred methods for securing cardholder
data," said Stuart C. Harvey Jr., CEO of Elavon. "Additionally, these solutions often help merchants reduce the
scope and resources associated with annual PCI audits, allowing them to focus on serving the needs of their
customers."
Solutions featuring advanced tokenization and end-to-end encryption with format-preserving capabilities are
designed to provide a deeper layer of security to protect cardholder data from its point of entry through to the
authorization network, as well as to securely use the information from the card to facilitate future transactions and
adjustments.
Elavon’s implementation is unique in that it has chosen to deliver both hardware and software-based technologies
and stands