Standards body based in Md. updates standard for PIN transactions

A Maryland-based non-profit organization that develops domestic and international standards for the financial services industry has updated one of its standards. Accredited Standards Committee X9 Inc., which is in Annapolis, has updated its standard for symmetric key management, called ANSI X9.24-1, or Retail Financial Services Symmetric Key Management Part 1: Using Symmetric Techniques. The standard, which provides requirements and guidelines ...

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