Other Breaking News
In today’s CardFlash News Que: SYNCHRONY (Board); ACI (rankings); INGENICO (TrustCommerce); and OINK (Android).
TrustCommerce & Ungerboeck
TrustCommerce has inked a deal with Ungerboeck for event management software for conventions, exhibitions, conferences, associations, universities, stadia, arenas and theaters.
PayWithIt
TrustCommerce has extended its mobile payment solution PayWithIt to Android devices. Available on Google Play, PayWithIt is a free mobile Point of Sale (mPOS) app that works in conjunction with a TrustCommerce payment gateway account.
TrustCommerce Among First Validated as PCI DSS 3.0 Compliant
TrustCommerce Point-to-Point Encryption (P2PE) payment solutions announced it is one of the first to achieve PCI DSS 3.0 validation. A Level 1 Service Provider, TrustCommerce deployed PCI DSS version 3.0 as the third major update to the PCI DSS. Reporting guidelines were made available in February 2014; however, existing PCI DSS 2.0 compliant vendors have until January 1, 2015 to move to the new standard. The changes continue to raise the level of best practices that govern the industry. The PCI DSS provides technical and operational requirements, standards, and guidelines for all entities that process, store, or transmit cardholder data, including issuers, providers, acquirers, merchants, and service providers. PCI DSS version 3.0 is intended to place even more emphasis on payment data security.
TrustCommerce Partners With Latisys to Host PCI Compliant Payment Services
Latisys, a leading national provider of outsourced IT solutions — from colocation to cloud — announced an IT infrastructure services agreement with TrustCommerce, a provider of secure payment and risk management solutions. TrustCommerce provides services to some of the largest HealthCare Providers, Insurance Companies, State Transportation Agencies, Municipalities, and Fortune 100 companies. Offering a wide…
MobilePayUSA In Position To Checkmate The Wallet
MobilePayUSA enables mobile payments using existing hardware and improves security. Merchants will appreciate the savings without having to upgrade to terminals equipped with NFC (Near Field Communication) wallet technology. MobilePayUSA does not store credit card data on the phone.MobilePayUSA partner TrustCommerce, securely stores card data behind a firewall and it is never shared with the merchant, thus relieving the merchant of PCI compliance for MobilePayUSA transactions. A pin is required to open the mobile app, making it more secure than paying with a physical credit card. If a user loses their phone, account holders may login online to disable the app instantly. With NFC, card data is stored on the phone leaving it vulnerable to theft when data thieves set up devices to remotely capture transaction data. MobilePayUSA discloses it is possibly less secure than mag-striped cards.
TrustCommerce Meets VISA CISP for the 2nd Year
TrustCommerce has successfully completed validation of its second year of compliance with VISA’s “CISP” requirements.