Visa Inc. has “relaxed enforcement” of the July 1, 2010, deadline for petroleum retailers to install software that meets the so-called Triple Data Encryption Standard (also called 3DES or TDES) in ...

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.

The biggest deadline still looms, however: By April 1, 2005, all ATMs will need to be using triple DES encryption of personal identification number blocks.