Visa Payment Application Best Practices (PABP) has validated Postilion applications used by banks and credit unions. This validation – by Visa USA and Visa Europe – indicates that the Postilion solutions for ATM driving and merchant acquiring handle cardholder data in a secure manner. It follows the July 2006 validation of Postilion applications for retailers, when Postilion was the first payment switch to achieve PABP validation in Europe. Visa PABP defines application best practices that are considered to be the industry standard for the data security of payment applications. Visa designed this program to assist software vendors in developing secure payment applications that minimise security breaches and compromised card details. The standards are designed to help banks and credit unions comply with payment industry standards such as the Payment Card Industry Data Security Standard (PCI DSS). Visa Europe and Visa USA list applications that have received this validation on their web sites.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more