Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
Radiant Systems, Inc. (Nasdaq: RADS) today announced that it will be
offering a new suite of payment security products, known as Radiant
Payment Guard, that currently includes Payment
Guard MSR, Token
Replacement and CPGateway.
These payment protection tools help businesses in the restaurant and
retail industries better protect their sites and consumers by reducing
data security-related risks.
“Criminals are targeting restaurant and retail businesses at an alarming
rate,” said Andy Heyman, chief operating officer at Radiant Systems.
“Radiant is providing a variety of hardware and software products, such
as the Radiant Payment Guard suite, to help our customers maintain
consumer trust and reach the highest levels of data security.”
The Radiant Payment Guard suite of products currently includes Payment
Guard MSR, Token Replacement and CPGateway. Payment
Guard MSR is an encrypted magnetic stripe reader that is installed
within Radiant point-of-sale (POS) hardware terminals, which are
deployed within both the restaurant and retail industries. Payment Guard
MSR enables data security protection on a physical level with encryption
of sensitive consumer data built into Radiant’s hardware products. By
the end of 2010, Radiant will be shipping all POS terminals with Payment
Guard MSR, with most terminals shipping with this security feature as of
July 1. The company began shipping Payment Guard MSR-equipped hardware
in 2009 with the launch of the P1515, P1560 and P1760 POS terminals.
Radiant Payment Guard also includes Token
Replacement, which is a payment security feature of the Aloha
point of sale that has been in use by restaurant operators since
early 2009. With Token Replacement, a unique identifier, or token, is
allocated to cardholder data at the RBS WorldPay and Radiant
Payment Services (RPS) host to prevent personal information from
being stored on the point of sale. This ensures restaurant operators
that payment processing occurs in a tightly-secure environment.
In addition, Radiant’s CPGateway
service is part of the Radiant Payment Guard product set and works with
Radiant’s specialty retail product CounterPoint.
Unlike other retail point-of-sale systems, CPGateway encrypts cardholder
data from the store to the hosting center, rather than decrypting data
at the store-level.
“Throughout our 25-year history, Radiant has always been focused on
providing leading data security protection for our customers,” said John
Heyman, chief executive officer at Radiant Systems. “The new offering of
the Radiant Payment Guard suite of products is another example of our
effort to continue developing products, technologies and processes to
ensure that our customers are able to comply with today’s standards, as
well as protect against tomorrow’s hackers.”
About Radiant Systems, Inc.
Headquartered in Atlanta, Radiant Systems, Inc. (Nasdaq: RADS) is a
global provider of innovative technology to the hospitality and retail
industries. For more than two decades, Radiant's point of sale hardware
and software solutions have helped to redefine the consumer experience
in more than 100,000 restaurants, retail stores, stadiums, parks,
arenas, cinemas, convenience stores, fuel centers and other
customer-service venues. Radiant has offices in North America, Europe,
Asia and Australia. For more information about Radiant Systems:
This press release may contain “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995, such as
statements relating to financial results and plans for future business
development activities, and are thus prospective. Forward-looking
statements include all statements that are not statements of historical
fact regarding intent, belief or current expectations of the Company,
its directors or its officers. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, many of which are beyond the Company’s
ability to control. Actual results may differ materially from those
projected in the forward-looking statements. Among the key risks,
assumptions and factors that may affect operating results, performance
and financial condition are the Company’s reliance on a small number of
clients for a large portion of its revenues, fluctuations in its
quarterly results, its ability to continue and manage its growth,
liquidity and other capital resources issues, competition and the other
factors discussed in detail in the Company’s periodic filings with the
Securities and Exchange Commission. The Company undertakes no obligation
to update any forward-looking statements.