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  • Interview With The Chairman

    In case you missed our most recent newsletter, we wanted to share this interview with our new chairman, T.K. Cheung.

     

    SPVA Welcomes T.K. Cheung as new Chairman of the Board
    Hypercom’s vice president global quality & security takes the helm of the SPVA as the founding members rotate leadership positions heading into the organization’s second year. T.K. Cheung talks SPVA accomplishments and goals.

     

    What were the most important accomplishments of the SPVA in its inaugural year?
    I think our membership numbers (20) speak for themselves and not only the quantity of our members – but the quality. Our members represent the leading companies in the industry. In addition, the establishment of our Technical Working Groups and the work that is being shared is significant and stands to have a lasting impact on the industry, garnering widespread recognition of our organization.

     

    What is your vision for year two?
    I would like to continue to grow the organization and double our numbers this year. In addition, we look forward to the publication of more white papers from the other TWGs, that will be just as impactful as the recent End-to-End Encryption Security Requirements document.

     

    What do you see as the biggest challenges for the SPVA?
    Hands down, the adoption of SPVA guidelines and recommendations as well as attracting retailers and the card associations to join the SPVA is one of the biggest challenges. This will be a critical step for us as their input is valuable and will help shape our future.

     

    What are three things that are not generally known about you?
    I built my first computer from a kit in 1977. It was called a Nascom 1, and I still have it. My accent is English, not Australian, and I’m fluent in Cantonese.

     

    Current personal goal?

    To break 100 playing golf.

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  • Expanding Connections

    The past two weeks have brought significant andexciting changes to the Secure POS Vendor Alliance.  When the SPVA launched less than ayear ago, the founding members – Hypercom, Ingenico and  VeriFone -always had the vision that the organization would not simply be a soapbox for the “big three,” but rather a more inclusive entity that provided a collaborative environment and a stronger voice for ensuring payments security. The 15 additional members that have joined the SPVA over the past eight months agreed, committing their time and resources in return for the value this organization could provide. With two recent developments, we’ve come even further in realizing our vision.

    Bob Carr, CEO of Heartland Payment Systems, was elected to the 2010 SPVA Board of Directors as our Associate Member Director.We are honored to have Bob take on this leadership position and feel there is currently no one better for this role. Bob expressed his commitment to 'bringing POS hardware and software vendors together for the good of all the stakeholders in the payments domain.” I look forward to working with Bob in continued support of our mission.

    In case you missed it, the SPVA also launched a new involvement opportunity – the Lab Network. Our Technical Working Groups have been working diligently in the development of implementation guidelines related to end-to-end encryption, payments lifecycle management protocols and other pressing industry needs. Members of theLab Network, including authorized QSA labs, will be given the opportunity to conduct security evaluations of our implementation guidelines and connect with our other members in sharing best practices and raising the security level within the POS industry.  

    So as you can see, we’ve been busy around here! We’re convinced that the strides we are making to expand our connections will help to further our goals. If you want to know more about what’s going on at SPVA, reach out to me at any time. 

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