DUKPT does not really compete with Triple DES. The DES stands for Data Encryption Standard, a block cipher that was selected as an official Federal Information Processing Standard (FIPS) for the ...

Triple DES, the new data-encryption standard for automated teller machines and point of sale terminals, is proving a bigger implementation challenge than many banks had expected. Processing Content ...

Nine electronic funds transfer networks have now approved a $1,600 retrofit kit from a Cincinnati-based ATM refurbisher and servicer for use in ATMs on their systems. The kit, called 3DESPlus, allows ...

A new U.S. standard in the works now could dramatically cut the costs ATM deployers face in bringing their machines into compliance with the so-called Triple DES encryption requirement set by the bank ...

Data Encryption Standard (DES) is an outdated symmetric key method of data encryption. It was adopted in 1977 for government agencies to protect sensitive data and was officially retired in 2005. IBM ...

The federal government’s recent decision to adopt the Advanced Encryption Standard (AES) for securing sensitive information will trigger a move from the aging Data Encryption Standard (DES) in the ...

Visa International and MasterCard International have signed an agreement designed to ease the expense of certifying automated teller machine PIN pads as compliant with the Triple Data Encryption ...

Algorithms for encrypting computer data come in two main varieties: symmetric and asymmetric. Each encryption type has inherent strengths and weaknesses. Symmetric algorithms convert plain-text data ...