Trustwave, a provider of on-demand data security and payment card industry compliance management solutions, has launched TrustKeeper 3.0 to support Level 4 merchants’ efforts to validate compliance with the Payment Card Industry Data Security Standard (PCI DSS). Level 4 merchants are defined as those that process fewer than 20,000 e-commerce transactions and/or fewer than 1 million single card transactions per year.
PCI DSS is required for entities that store, process or transmit cardholder data, and has been endorsed by the major card brands – Visa, MasterCard Worldwide, Discover Network, American Express and JCB.
Trustwave’s web portal moves merchants through the compliance process with ease and efficiency by making the PCI compliance process accessible to the non-technical user. TrustKeeper profiles merchant’s behaviour pertaining to credit card acceptance and information security business practices. Using the information compiled, TrustKeeper simplifies and automates the PCI DSS compliance process. This simplified process renders a result as to whether or not the merchant is compliant, which facilitates the compliance process for even the most inexperienced, non-technical merchants. Should a merchant be found non-compliant, TrustKeeper provides actionable recommendations to mitigate any issues to better protect their customer’s data.
Acquirers and independent sales organisations (ISOs) interested in implementing a PCI programme for their merchant portfolios benefit from the innovative approach of TrustKeeper 3.0, which minimises the effort required for their merchants to comply, thereby increasing adoption and lowering the financial risks associated with data compromises.
“Smaller merchants often do not have the resources or IT experience to manage their compliance initiatives,” said Robert McCullen, chairman and chief executive officer (CEO) of Trustwave. “Our proprietary technology will facilitate their experience by ensuring that they understand the compliance standard and process, and provide actionable remediation recommendations to manage vulnerabilities and achieve compliance.”
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