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.
Tampa-based A-lign has expanded its international presence by offering Payment Card Industry Data Security Standard (PCI DSS) assessments in Canada. This adds to A-lign’s global resume which includes performing security audits in countries including France, the United Kingdom, Costa Rica and India.
With the average cost of a data breach at $136 per record, and the cost of non-compliance with PCI being on average, more than 2.5 times greater than compliance, brands and call centers are more focused than ever on becoming PCI compliant.
Fiserv signed a reseller agreement with Social Assurance to extend access to social media marketing and compliance solutions to banks, credit unions and investment advisors. With proposed social media guidance from the FFIEC, as well as myriad regulations governing advertising, financial marketing and employee engagement on social channels, financial institutions and their agents face special considerations when entering into social media. Social Assurance helps financial providers develop and implement strategies to support their marketing and communications goals, while also supporting compliance. The partnership between Social Assurance and Fiserv will bring this depth of expertise as well as social engagement tools to Fiserv clients.
Fiserv financial services technology announced that its Financial Crime Risk Management (FCRM) platform has been awarded a “Best-in-Class” rating in the Enterprise Support category in the CEB TowerGroup 2012 Anti-Money Laundering Technology Review. The FCRM platform also received high marks for front-end usability and back-end configurability. The report highlighted that CEB TowerGroup analysts were impressed by the layout of the interface, which facilitates streamlined workflow management. Fiserv was also highly ranked in the Detection Tools category, where the combination of behavioral profiling and analytics-based approaches in combination with flexible rules to identify potential money laundering behavior were highlighted as key strengths.
Card Compliant appointed Jeff Johnson Chief Sales and Marketing Officer to lead Card Compliant’s management of all global sales including market assessment and product strategy. With this, he will drive achievement of the company’s customer acquisition and revenue goals, and will evaluate new business opportunities, strategic alliances and market conditions for Card Compliant. Johnson brings to the role experience in the prepaid card industry having served most recently as the Senior Vice President and Division Manager of Prepaid Services for First Data, where he led the product development efforts for open loop, closed loop, healthcare, transportation and payroll products, along with leading the strategic planning efforts and new growth initiatives for prepaid.
InTechnology launched a PCI-certified managed service called PaySecure Connect. The cloud services provider has partnered with Phoenix Managed Networks and Mako Networks to deliver a resilient MPLS network and a secure PCI-certified payment infrastructure which is also capable of delivering managed voice and data services over the same secure connection. PaySecure Connect has been developed to overcome the complexity of achieving and maintaining compliance with PCI data security standards and is the first package to offer consolidated payments authorisation between the retailer and banks with a scalable communication and managed services network. PaySecure Connect adds further value by removing many of the in-house resource costs needed to establish and adhere to PCI standards.
ControlScan PCI compliance and security solutions designed for small merchants and the ISOs and acquirers that serve them has added “ProTect Network Firewall” to its ProTect Managed Security Services to manage the installation, administration and monitoring of network firewalls specifically for Level 4 merchant businesses. By providing affordable and continuous network monitoring and 24/7 protection against outside threats, ProTect Network Firewall improves the overall security posture of a small business, such as Pearl Specialty Market & Spirits in Portland, Ore., IT director, Murad Pirani, found ProTect Network Firewall attractive for his business, because it locked down his card data environment per pre-defined PCI DSS rules, ensured all updates and upgrades were made in a timely manner and in accordance with changes to the PCI standard and increased Internet productivity by reporting on how the network is being used and by whom.
Incapsula cloud-based website security and performance service provider announced that the service is now available through PCI Compliance and other managed security service providers to help SMBs and online merchants comply with PCI DSS requirement 6.6. ControlScan PCI compliance and security services, began offering the ProTect Web Application Firewall service to improve the security of websites and applications, while increasing their performance.
Incapsula cloud-based website security and performance service and the only PCI certified cloud WAF & CDN for small and medium-sized businesses, announced new PCI compliance capabilities to simplify audits. Incapsula’s PCI offering now allows e-commerce sites to seamlessly audit and prove their compliance in a single click via Incapsula’s PCI dashboard. The PCI offering is available direct to merchants and through both PCI and e-commerce service providers.
Acuity has made available its free management application, allowing businesses to measure, monitor and report on their compliance to PCI-DSS v2.0 payment card data security standards. The governance, risk and compliance (GRC) specialist launched the compliance software to monitor progress against the six milestones in the PCI-DSS Prioritized Approach and will identify, assess, manage and report on risks to cardholder data. It will also track residual risk status in relation to performance of PCI controls and key metrics and provide visibility of information for auditors. The Acuity PCI DSS tool ultimately reduces the time it takes to gather, collate and report on compliance; while also improving governance and reducing the cost of external audits and due diligence by always having up-to-date status information.
HSBC Merchant Services launched a new service to help businesses ensure that their customers’ transactions are secure against fraud. The new service has been developed to help merchants comply with a set of minimum security requirements mandated by Card Schemes such as Visa and MasterCard. The new security requirements have been put in place to ensure that all the Card Schemes customers’ card transactions are adequately protected against fraudsters, who are increasingly focusing on small businesses. These requirements, the Payment Card Industry Data Security Standard (PCI DSS), are mandatory and non-compliance can result in large fines from the Card Schemes and merchants’ payment providers.