Calpian has selected Conformance Technologies has selected its PCI ToolKit and TINMatch ToolKit offerings. Calpian will use PCI ToolKit solution for PCI DSS merchant portfolio compliance validation, and the TINMatch ToolKit for merchant business entity name and federal TIN matching.
PCI ToolKit fully conforms to PCI DSS 3.0 requirements, tackling the increased complexity head-on for merchant acquirers, Independent Sales Organizations (ISOs) and their merchant customers. Unlike competing offers that simply copy the PCI Security Standards Council Self-Assessment Questionnaires (SAQs) and present them online verbatim, PCI ToolKit translates complicated PCI rules, questions and forms into a merchant security experience that is simple, accurate and comprehensive.
Visual wizard technology makes compliance validation fast and easy for small business owners. The number of questions asked during the merchant attestation process is often reduced by 50 percent. Intelligent field population capabilities yield greater merchant response accuracy and higher completion rates.
PCI ToolKit is the only compliance validation solution that provides ready-made policies and an education portal for employee training and testing free as part of its core functionality. Interactive multimedia assistance, plus email and client contact center for validation and scanning related support, come standard with PCI ToolKit.
TINMatch ToolKit reduces or eliminates the significant work effort ISOs and merchant acquirers have in matching business entity names and federal taxpayer identification numbers to IRS records for every merchant in their portfolio to properly file IRS 1099-K forms. Matching is required by IRS Section 6050W pertaining to the Housing Assistance Tax Act of 2008.
The TINMatch ToolKit solution speeds up matching by automating the validation process, reducing penalties ISOs, merchant acquirers and merchant businesses can face for mismatches. Additionally, mismatches can be imported to billing systems to drive additional non-compliance revenues.
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