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MagTek CEO: “Dynamic Data is the Core of Security”

Mimi Hart is the chief executive at MagTek, inventors of the first card swipe reader in the 1970s. In an exclusive audio interview, Hart talks to PYMNTS.com’s David Evans about the progress of transaction security since that time, as well as the future of securing payment information.

   

Click here to access the audio transcript.

Related Article: Motion and MagTek Equip Retailers with the Ability to Securely Process Transactions While Mobile


Annmarie “Mimi” Hart 
Chairman & CEO, MagTek

Annmarie D. “Mimi” Hart is President, CEO and Chairman of MagTek, Inc. She joined MagTek, the leading provider of secure card reading and authentication technology, in 2003. Prior to joining MagTek she was the President of Express Card Systems, Inc. a technology solutions provider. Recently, she helped to found the Secure Remote Payment Council, an industry group focused on enhancing on-line and mobile payment security.

Mimi has been a strong supporter of Industry Standards. She represented MagTek on the ANSI and ISO workgroups that formulated the early standards for PIN and card usage. As an industry spokesperson, she has called for greater security especially as it affects the consumer and has often noted that strong consumer protection benefits all stakeholders in the payment infrastructure.

In her current role she has led MagTek to new levels of achievement by emphasizing speed, security and innovation. She was a recipient of the Movers and Shakers award from Transaction World Magazine and has served on the Risk and Fraud, and Nominating Committees of the Electronic Transactions Association. Mimi is a graduate of Boston College, magna cum laude, with degrees in Political Science and Speech Communication.

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Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. In the December 2019 Mobile Card App Adoption Study, PYMNTS surveyed 2,000 U.S. consumers for a reveal of the four most compelling features apps must have to engage users and drive greater adoption.

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