MOST
POPULAR
 
 

  Article

  Comment(0)

 
Share:    Email  
Firethorn Increases Mobile Banking Security With Full PCI Compliance
www.firethorn.com

Tuesday, June 30, 2009 - 09:37

Firethorn Increases Mobile Banking Security With Full PCI Compliance

ATLANTA, June 30 /PRNewswire-FirstCall/ -- Firethorn Holdings, LLC, a Qualcomm company (NASDAQ: QCOM) , today announced enhancements to its mobile banking and payments application to adhere to the industry's most rigorous benchmark for secure credit card transactions - the Payment Card Industry (PCI) Data Security Standard (DSS). In meeting the PCI DSS, Firethorn reinforces its commitment to security and provides additional protection for consumers' sensitive credit and debit card account information in connection with each mobile banking session. It also allows Firethorn's financial institutions, wireless operator and merchant clients to offer enhanced mobile commerce options, such as contactless payments, and other point-of-sale transactions, such as gift cards and loyalty rewards.

"Our goal at Firethorn is to provide an easy, new way for consumers to use their mobile devices for payments and other mobile commerce transactions, and to enhance security by meeting or exceeding the toughest industry standards," said Tripp Rackley, president of Firethorn. "We have worked hard to make sure our solution provides a level of protection that exceeds our partners' and consumers' expectations. Firethorn's latest service upgrades enable our partners to enact a wide range of innovative mobile commerce implementations with the confidence that their sensitive information is protected by tested and accepted security measures."

Firethorn's methods to protect customer data include encryption of account information at rest and in transit, consistent monitoring for malicious activity, and providing security awareness training for all support staff. The Company also conducts regular security assessments of its mobile services to verify that security measures are working appropriately. Firethorn met numerous PCI DSS requirements by relocating its mobile services operation to a protected data center that provides 24/7 support for all Firethorn services.

The PCI DSS is a set of comprehensive requirements for enhancing payment account data security, addressing policies, procedures, network architecture, software design and other critical measures to protect customer account data proactively. It was developed by the founding payment brands of the PCI Security Standards Council(TM), which includes some of the world's leading credit and financial services firms, to help facilitate the broad adoption of consistent data security measures on a global basis.

Firethorn's mobile commerce platform is the definitive banking, payments and commerce solution for the present and future generation of mobile services. The application provides consumers with simple, convenient and efficient access to financial account information and other services such as loyalty programs and targeted offers.

About Firethorn

Firethorn, a Qualcomm company (NASDAQ: QCOM) , is the crucial link in the emerging mobile commerce ecosystem. As a pioneer in mobile banking, Firethorn is transforming the traditional wallet into a streamlined, efficient and protected mobile revenue channel that will bridge relationships among financial institutions, retailers, wireless carriers and consumers. Firethorn's innovative technology creates easily accessible, branded and personalized mobile commerce channels that give consumers access to their accounts, offers and transactions while on the go. For more information about Firethorn, visit www.firethornmobile.com.

Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.

    Qualcomm Contacts:
Kelly Buday, Firethorn
Phone:  1-678-978-5429
Email:  kbuday@qualcomm.com
Emily Kilpatrick, Corporate Communications
Phone:  1-858-845-5959
Email:  corpcomm@qualcomm.com
John Gilbert, Investor Relations
Phone:  1-858-658-4813
Email:  ir@qualcomm.com
Website: http://www.firethornmobile.com
Read The Whole Story
http://sev.prnewswire.com/telecommunications/20090630/LA3953730062009-1.html
 
Tags: Mobile Banking, Americas, Firethorn, PCI, Compliance
Sponsored Links
 

 

  Article

   Comments(0)

 
Login or register to post comments
[Show comment]

FEATURED EVENTS

M-Commerce World Summit 2010MONEY TRANSFERS DUBAI 2010
3rd Mobile Commerce Summit Asia 2010FinovateSpring 2010
Mobile Money Summit 2010: Unleash the Power of Mobile MoneyFinovateFall 2010
 
Sign Up for the Latest in:
 
 
Mobile Money Transfer
Mobile Commerce
Micro Finance
Mobile Technology
EMEA
APAC
Mobile Payments
Mobile Banking
Mobile Marketing
Global
Americas
Company
(*)
 

MOST POPULAR

HEADLINES

1.Open Source Banking: Innovating despite banks who remain out of t
2.Safaricom partners with insurance company to deliver mobile insur
3.Wirelesss carriers offer a system to turn your cellphone into a p
4.China Mobile hammered for unexplained banking splurge
5.An App for Donating Money While You Shop - CauseWorld
6.hyperWALLET Launches Global Mobile Airtime Top-Ups
7.Mobile to Web Commerce Integration: AsiaPay Launches PesoPay Onl
8. Citibank Says RFID Pilot Proves Strong Consumer Interest in Mobi
9.Media owners cash in on the goldrush for Mobile Marketing apps
10.Mobey Forum publishes white paper which examines the role of the

FEATURED COMPANIES

MOST POPULAR

BLOGS

1.Google’s CEO & the 3 waves of Mobile – Recap from GSMA World
2.Working from home can be fun...I received my Zoompass Mobile Paym
3.Use of USSD technology in Mobile Banking
4.Pivotal Year for Mobile Banking: 2009
5.Ebay expects over 500 million in mobile-based revenue in 2009
6.Mobile Shopping Best Practices in 2010
7.CGAP Report: Banking the Poor via G2P Payments
8.Proximity Marketing - GSMA World Congress Recap Continued
9.Tabbed Out - A New Concept for Mobile Payments
10.Mobile Banking - Testing Mobile Applications

 
 

Mobile Financial News from around the web

The unbanked consumer and mobile banking: a conversation with Daryl Collins
The G-20 eyes financial inclusion using mobile phones, other ICTs
Rules of the road for branchless banking in the year 2020
 
epay Powers PlayStation®Network Cards
Mobile Money Summit 2010
MMT Africa
 
Siteminis rolls out m-commerce web platform
Accenture reveals mobile financial transaction software
Telcel, MoreMagic Solutions to offer mobile phone recharge services in Mexico
 
With Mobile Model Playing Well in India, Citi Turns to U.S.
Citi Expanding CauseWorld
VeriFone Goes Retail to Sell Mobile Card Reader

Inside the DonRiver Network