LAS VEGAS, November 09, 2021 (GLOBE NEWSWIRE) – Passport Technology (“Passport”), a global leader in payment technology for the gaming industry, is pleased to announce that DataStream ™ has completed the deployment of host to gateway TR -31 encryption integration. The certification and launch of DataStream’s augmented secure key management system positions DataStream as one of the few US-based acquirers to switch to this significantly more secure encryption standard.
An innovator in reliable and compliant processing technology, DataStream is one of the largest bank-sponsored ATM processors in North America, facilitating ATM, POS, ACH and retail transactions. The integration of TR-31 encryption follows the recent migration to a fully cloud-based processing solution. Offering cloud-based processing, true hot and hot transaction processing, and TR-31 encryption, DataStream is at the forefront of innovation, availability, redundancy and security of ATM data.
The TR-31 encryption format provides many additional layers of encryption security to the encryption keys implemented by the terminal and the host. Using a 96-bit key ring compared to the 64-bit encryption of traditional TDES encryption, the TR-31 Key Block offers a unique set of defined key attributes that are securely linked to the key and transported together between connected systems that include TR-31. This remarkable feature of TR-31 encryption is a key differentiator in the market and is important for ATM providers.
“Deploying our TR-31 secure key management system is truly an exciting achievement for our ATM and point-of-sale processing customers,” said Kent Cain, senior vice president of platform operations at Passport. “Not only can terminal vendors rest easy knowing that the industry’s highest standards for key encryption are used to secure cardholder data during transactions, but the TR-31 is intended to revolutionize the way suppliers manage physical keys on terminals ”.
In addition, DataStream will release a revolutionary TR-31 remote key loading and management dashboard for our customers in early 2022. The system will enable automated initial key creation and deployment, dynamic key management, One-touch RKL assistant and key management compliance reporting tool. Each feature is uniquely designed to provide additional convenience, reduce service costs, and improve revenue streams for DataStream customers.
For more information, please visit passporttechnologie.com.
Senior Vice President, Marketing
Passport Technology Inc.
About the passport
Passport Technology is a leading developer of technology solutions and services for the highly regulated payments, gaming and financial services markets. The company’s product portfolio includes refund kiosks, cash equivalents, check guarantee, ATM, digital payments, cash and cashless integrations, casino automation, regulatory compliance solutions , processing of bank sponsored transactions, merchant services, server and web analytics, application agnostic management systems, and interactive content and loyalty services. Passport, through its preferred and associated gaming licenses, has safely and responsibly paid over $ 32 billion in funds to casinos around the world.
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