MasterCard Update regarding BIN 2 Range: What you need to know

Mastercard

Starting in January of 2017, card issuers can begin issuing a new version of MasterCard. Pull out your wallet and you’ll see that the account number on your card starts with a “5”. The first six digits of your account number, otherwise known as the Bank Identification Number (BIN) determine how transactions are routed and identify your issuing bank.

Industry Mandated SHA/TLS Updates

TLS

More than likely, your merchants have received letters from their banks/processors notifying them of Security Updates, Shut-Off Dates, and Required Action Steps. These notifications are unique and independent of EMV standards. Failure to prepare won’t result in a shift in liability; it will result in a complete disruption of service…