HCE
What Are the PIN Strategies in HCE?
There are three types of PIN strategy in HCE (Host Card Emulation): No PIN, Card PIN and Wallet PIN or customer biometric data. Each balances user experience and security differently.
Search
"open banking"
120 articles found
FAST
FAST Request to Pay Overlay Service now available to corporate users
Request to Pay lets users request payment from people who owe them money through a banking application. The CBRT has expanded the FAST Request to Pay Overlay Service so that corporate users can also use it.
Credit Card
What is a Dynamic Card Security Code (CSC)?
It is a CVV2/CVC2 code that changes every few minutes instead of the static code printed on the back of a credit card, aimed at reducing fraud risk in CNP (Card Not Present) transactions.
Payment Systems
I Want to Establish an E-Money Institution in Turkey. How Should I Start?
Let's start by defining e-money. In general terms, e-money is a monetary value stored on a secure technological device (such as a computer disk). E-money is a concept defined under Turkish law through legislation enacted by the BRSA (BDDK).
Payment Systems
What are the 3D Secure Payment Models?
In card payment transactions made via a physical POS device, entering the card's PIN keeps the transaction secure, while in virtual POS transactions, security is provided through the 3D Secure flow. Are 3D Secure payment methods standardized? There are 3 different 3D Secure models.
Payment Systems
What is a tower?
In payment systems, the tower is the section inside an ATM where cash is physically stored. It contains cassettes holding different banknote denominations, a mix cassette for mismatched notes, and various security mechanisms protecting the cash.
Payment Systems
Visa Overseas Contactless Transactions – After Code 70 (Part 2)
After switching to response code 70 for contactless limit-exceeded cases, we found that some overseas POS devices and acquirers did not handle it as expected. This post covers why the problem lies in the ecosystem and how to address it.
Credit Card
On the Issue with Visa Contactless Transactions Abroad...
From the outside, Visa contactless looks simple, but once the limit is exceeded and PIN comes into play it gets deeper. Why do response codes 65 and 70 behave so differently on POS devices in different countries, such as the Netherlands and Saudi Arabia?
Security
What are HTTP and HTTPS? What are the security differences between them?
When you visit a website, the protocol it supports appears at the left of the web address. Secure data transfers likewise use protocols that support http or https. Let's first take a brief look at what HTTP and HTTPS are.
ATM
What Is Jackpotting?
Jackpotting describes a method criminals use to steal money from ATMs. With physical access to the machine, they take control of it and make it dispense all of its cash.
Credit Card
Where are the Troy and Discover logos printed on Discover-enabled Troy cards?
Troy is Turkey's national payment system scheme, short for "Turkiye's Payment Method." When Troy cards first launched, they could only be used domestically. A partnership with Discover later made it possible to use Troy cards abroad as well.
Credit Card
What Is KRS (Credit Reference System)?
The Credit Reference System (KRS) is an information sharing system that, using modern methods, enables detailed information about individual credit product customers to be shared among KKB member institutions, in order to determine the risk factor…