Over 500 global stakeholders in the PCI are set to attend the annual PCI Security Standards Council (SSC) European Community Meeting. Ground Labs, the leaders in cardholder data discovery software for PCI compliance, is supporting this year’s event in Nice, France and will participate in the Vendor Showcase. The PCI SSC Community Meetings provide an opportunity for SSC members to learn from each other’s experiences implementing the PCI Data Security Standards (PCI DSS) and in particular, provide feedback on the latest draft standard PCI DSS v3.0. Participants also have opportunities to make suggestions for improvements to the Standard and learn about best practices for protecting cardholder data as they interact with other industry stakeholders. The Vendor Showcase will present an opportunity for participants to interact with a broad variety of vendors servicing the payment card industry and learn about their important work in the field of cardholder data security.
Visa launched a new partner program designed to accelerate the introduction of innovative payment solutions globally and further drive the global migration from cash to electronic payments. The Visa Ready Partner Program paves the way for mobile device manufacturers, technology partners, mobile network operators, and others, to easily navigate the complexities of the payments ecosystem, and to gain access to Visa IP, licenses and best practices. The Program is designed to provide innovators a path to ensure that devices, software and solutions used to initiate or accept Visa payments are compatible with Visa’s requirements, which may vary by country. It also provides a framework for the collaboration with Visa, as well as guidance and best practices to access the power of the Visa network. Mobile point-of-sale acceptance (mPOS) providers, mobile NFC-enabled device manufacturers, and chip and platform providers are among the stakeholders that are already playing a critical role in enabling new ways to pay and that will benefit from the Visa Ready Partner Program.
Ingenico payment solutions’ “On-Guard” point-to-point encryption (P2PE) solution on its “PCI PTS V3” payment terminals is P2PE compliant. The P2PE compliant solution will greatly help merchants to reduce the scope of their PCI DSS assessment, as well as their audit and security implementation costs, and will ensure the protection of their customer account data over their networks. PCI SCC mandates the use of an SRED (Secure Read and Exchange of Data) certified device. Ingenico manages all sensitive operations of its P2PE solution from a secure infrastructure which is already PCI DSS V2.0 certified and provides Payment Transactions Services for over 150 retailers worldwide.
A large gathering of global stakeholders in the payment card industry will be attending the fifth annual PCI Security Standards Council (SSC) Community Meeting in North America. Ground Labs security and auditing software solutions for the payment card industry, will be a sponsor of this year’s event in Scottsdale, Arizona and participate in the Vendor Showcase. The PCI SSC Community Meetings provide an opportunity for industry stakeholders to learn from each other’s experience working with the PCI Data Security Standard (PCI DSS). Participants also have opportunities to raise new ideas for future versions of the Standards and learn about best practices for protecting cardholder data as they interact with solution vendors and other service providers in the industry.
Payment card industry execs and stakeholders will be attending the fifth annual PCI Security Standards Council (SSC) Community Meeting in North America. Ground Labs, a leading developer of security and auditing software solutions for the payment card industry, will be a sponsor of this year’s event in Scottsdale, Arizona and participate in the Vendor Showcase. The PCI SSC Community Meetings provide an opportunity for industry stakeholders to learn from each other’s experience working with the PCI Data Security Standard (PCI DSS). Participants also have opportunities to raise new ideas for future versions of the Standards and learn about best practices for protecting cardholder data as they interact with solution vendors and other service providers in the industry.
Hospitality Financial and Technology Professionals (HFTP) has joined the PCI Security Standards Council as a new participating organization to work in conjunction to evolve PCI DSS and other payment card data protection standards. With this, HFTP will now have access to the latest payment card security standards from the Council, be able to provide feedback on the standards and become part of a growing community that now includes more than 600 organizations. In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entity’s best protection against data criminals, to which HFTP can now add its voice.
The Pinnacle Corporation has launched a new PCI portal for petroleum
retailers offering PCI compliance education and information. It is
designed to help retailers navigate their way through the complex rules
surrounding PCI Compliance, providing a collective set of research
materials and tools that enable qualifying retailers to complete their
PCI self assessments online. Pinnacle has partnered with PCI security
experts Coalfire to provide a secure, on-line Self (SAQ) tool that
enables retailers to understand, organize and complete their annual
self-assessment activities. Through Coalfireâs innovative Navis platform
retailers can access “Rapid SAQ”, a self-paced intuitive program. “Rapid
SAQ” guides users through the assessment process in plain English and
accurately completes the required SAQ. The tool includes contextual help
and guidance to clarify and simplify the process. Adherence to the PCI
âdigital dozenâ requirements has become a top
priority for retailers. Failure to achieve PCI compliance by
pre-determined deadlines can result in significant retailer penalties as
high as $25,000 per month; fines for a compromise as much as $500,000
MasterCard will be naming the best co-branded MasterCards in Europe during its “5th MasterCard Europe Affinity and Co-Branding” scheduled for Athens on September 23-24. From 17 nominees, MasterCard will select the “Best Program Launch,” “Best Usage/Expansion Program,” and, the “Long-term Achievement Award.” The judging panel includes Bob Hand, Managing Director of Affinity Solutions Ltd; Alan Leach, Director and Co-Founder of Finaccord; and Peter Trembling, Managing Director of The Affinity Company. Winning nominees will be invited to speak as MasterCard’s guests at either the Asia Pacific or North America MasterCard Co-Brand conference in 2005.
MS-based Triton has received certification for its “Encrypting PIN Pad T1.0” under the Interac Association “Device Certification Program”. Triton’s T1.0 EPPs also received certification meeting VISA(R) International standards recently mandated, thereby ensuring that Triton ATMs are certified to process both Interac and VISA transactions. Triton currently provides distributors, financial institutions, and processors with a total ATM security solution by offering an ATM that complies with international 3DES and Interac MACing security requirements. Triton is the largest provider of off-premise ATMs and ATM management software in North America and has more than 100,000 installations in over 17 countries worldwide.
Encore Merchant Services has announced the “TeleCheck Eclipse” all-in-one payment terminal, which combines an integrated inkjet printer, check reader, and credit and debit card processing. This digital process allows merchants to accept checks as quickly, safely and easily as credit cards while improving the cash flow of their business. Primax Payment Systems currently has over 5,000 merchants located in 48 states. EncoreÂ® Merchant Services targets new business through credit unions to offer full service credit and debit card acceptance services to credit union member businesses nationwide.
CO-OP Network’s Service Center Corporation says its shared branching network for credit unions has produced extraordinary results. The financial success of Chessie FCU has spurred six credit unions in the mid-Atlantic region to open SCC outlets in the past year, including February 2004 when Fairfax County FCU launched the first SCC outlet in Virginia. SCC ([www.servicecenters.org]), based in Southfield, Mich., developed the nation’s first shared branching network in 1975, allowing multiple credit unions to conduct business in one facility.
WV-based Star USA Federal Credit Union has signed an agent contract with MA-based Encore Merchant Services. Encore Merchant Services will handle account application and establishment, point-of-sale terminal deployment, product development, customer service, and risk management services. Encore is a division of Primax Payment Systems. Primax has over 5,000 merchants located in 48 states. ENCORE was organized to provide ATM/Debit card routing and other electronic services for the credit union community. Currently ENCORE has in excess of 6 million transactions monthly.