Page 10 - GS200301
P. 10
NewsBriefs
Following are excerpts from news stories recently posted under Breaking Industry News on our manufacturers and wireless access
home page. For links to these and other full news stories, please visit www.greensheet.com/break- providers. "The rate of adoption has
ingnews.php?flag=previous_breaking_news. Retailers protest planned interchange changes already been five times faster than
anticipated in our previous report,
which holds great promise for 5G,"
Juniper researchers wrote. "It has not
just lodged in the public conscious-
ness but has found its way into the
Retailers protest planned interchange changes lives of several million consumers."
Spring will soon be upon us and that means the card networks are preparing Biometric advancement
to introduce new interchange rates. It happens every year, but this time around defeats facial ID fraud
the changes are generating a significant amount of press coverage. "Visa is
planning the biggest changes to swipe fees in a decade," proclaimed a headline Masks used for fraudulent facial
identification may soon become as
in Bloomberg News. The news drew a sharp rebuke from retailers, with the Retail
Industry Leaders Association protesting that the planned changes are evidence passé as dummies in high-occupan-
cy vehicle lanes, thanks to biometric
of a "broken" market in need of government intervention. Austen Jensen, RILA
senior vice president for government affairs, said, "In a free market with technology developed by trinamiX
GmbH, a BASF SE subsidiary and
competition, that would drive costs down, not up. There is only one reason
Visa is preparing to hike fees on merchants – they can." member of the Qualcomm Software
Accelerator Program. The company's
5G prelaunch adoption exceeds expectations patented Beam Profile Analysis tech-
nology uses a combination of imag-
While 5G has yet to be officially launched, global adoption rates are five times ing, depth mapping and material de-
greater than predicted, according to a white paper by Juniper Research. 5G – The tection to identify live skin patterns
Five Year Roadmap, published Feb. 18, 2019, attributes prelaunch demand to pric- within a single camera. The solution
ing strategies by mobile network operators and device support by smartphone differentiates between real faces and
disguises used by fraudsters to gain
unauthorized access to mobile apps,
according to company representa-
tives. The proprietary solution will be
distributed with Qualcomm Technol-
ogies, stated Ingmar Bruder, manag-
ing director and founder of trinamiX.
PCI SSC produces guide
for large companies
The PCI Security Standards Council
(PCI SSC) released new guidance on
Feb. 20, 2020, aimed at addressing the
unique needs of enterprise-scale or-
ganizations. Information Supplement:
PCI DSS for Large Organizations was
produced by the 2019 Special Inter-
est Group (SIG). Drawing from direct
experience at large companies, SIG
members provided recommendations
for managing PCI DSS assessments
across multiple business units and
third-party service providers. Mauro
Lance, PCI SSC senior vice president
and operating officer, noted that SIGs
play a key role at the council and
represent a cross-section of experts
from the front lines of payment secu-
rity. Their knowledge helps industry
stakeholders apply PCI standards to
their organizations, he stated.
10
10