Directories

North American Bancard To Partner With PCI Security Standards Council To Improve Payment Data Security Worldwide

2012-11-05
  • Company:
  • The PCI Security Standards Council
  • (Company Info)

TROY, Mich. ---- North American Bancard, provider of the payment solution PayAnywhere, announced today that it has joined the PCI Security Standards Council as a new Participating Organization. North American Bancard (NAB) will work with the Council to achieve and improve payment data security worldwide through the ongoing development of the PCI Security Standards, including the Payment Card Industry Data Security Standard (PCI DSS), PIN Transaction Security (PTS) requirements and the Payment Application Data Security Standard (PA-DSS).

Endorsed by American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., the PCI Security Standards require merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data protection. To enhance payment data security globally while embracing new technologies as they are developed, the Council relies on involvement of those across the payments processing chain, from merchants and service providers to payment device manufacturers and software developers, financial institutions and processors.

As a Participating Organization, NAB adds its voice to the standards setting process and will receive previews of drafts of standards and supporting materials in order to provide feedback to shape their final versions, as well as engage a growing community of more than 600 organizations united to improve payment security.

North American Bancard will also have the opportunity to recommend new initiatives for consideration to the PCI Security Standards Council, participate in exclusive webinars and question and answer sessions with Council representatives, and review and discuss new versions of the PCI Security Standards while sharing cross-sector experiences and best practices at the annual Community Meetings.

“In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entity’s best protection against network security threats and data breaches,” said Bob Russo, General Manager of the PCI Security Standards Council. “By joining as a Participating Organization, North American Bancard demonstrates they are playing an active part in mitigating the threats and improving the security of the payment chain globally by driving the security standards to higher levels of adoption and strength.”

“Payment data security is North American Bancard’s top priority and our intention is to be an active participant in critical security conversations with other Participating Organizations of the PCI Security Standards Council so that we may raise the bar for the entire industry,” said Tracy Metzger, CIO of North American Bancard. “NAB is an advocate for high level security standards that protect both businesses and consumers alike, and is committed to the security of the information that belongs to our merchant customers and the consumers they serve.”

About the PCI Security Standards Council

The PCI Security Standards Council is an open, global forum that is responsible for the development, management, education and awareness of the PCI Data Security Standard (PCI DSS) and other standards that increase payment data security. Founded in 2006 by the major payment card brands American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., the Council has more than 600 Participating Organizations representing merchants, banks, processors and vendors worldwide.

About North American Bancard

Headquartered in Troy, Michigan, North American Bancard is a multi-faceted payment solutions provider dedicated to providing the latest technology as well as the highest service levels to non-profit organizations and businesses of all sizes with round-the-clock technical and customer service support. As a registered MSP/ISO since 1992, North American Bancard provides its clients with a full suite of products and services. North American Bancard processes more than $12 billion in electronic transactions annually for more than 155,000 merchants nationwide.

Related Downloads

SWIFT eTraining - SWIFT and international payment systems 1.1

SWIFT eTraining - SWIFT and international payment systems module helps explaining the role of SWIFT in international payment systems and provides detailed information on the major payment systems worldwide. The training will enable the participants...

Payment Book

Payment Book 20.1

Payment Book is a system for printing payment coupons, deposit slips and pre-paid tickets. Payment Book provides a form for entering client information and payment details, and a Pay To/Payment Information form for entering the person or company to...

Coupon Book

Coupon Book 20.3

Coupon Book is a system for printing payment coupons. Coupon Book provides a form for entering client information and payment details, and a Pay To/Payment Information form for entering the person or company to make payment to. Registration benefits...

x-Cart Pay Quake Payment Module 1.0

Integration with Pay Quake online payment system/gateway to X-Cart shopping cart. payQuake Payment Gateway and Virtual Terminal software is a scalable and easily customizable payment processing solution including credit cards, checks, and recurring...

Give1Get2 Moneybookers Exchange Aquamarine 1.0

Internet, account, Online Trading, receive money, billing solution, transfer money online, free money, payment, Free, Trading, API, send money worldwide, Give1Get2, payment solutions, Investor, merchant account, Business, payment processing, payment...

E-Payment Integrator C++ Builder Edition 5.0

The E-Payment Integrator allows you to perform real-time validation, authorization, and transaction processing of credit cards and electronic checks (ACH) within your web or desktop applications.

The E-Payment integrator consists of the...

Computer Payment Enforcer 6.2.0

Do you sell or lease computers and have problems with customers not paying on time? Computer Payment Enforcer is a computer program that helps you to collect payments for computers that you have sold on credit or are renting out. You can install...

Biweekly Amortization+ 1.2

Program Description: BIWEEKLY AMORTIZATIONTHE BANKERS' SECRET IS REVEALED!!! This program is a biweekly payment schedule that demonstrates the effect of reducing the term and interest amount of a loan. By making a loan payment every two weeks of half...

MoneyPennyEFT 1.01955.37804

MoneyPennyEFT is a Professional Payment Windows based management system for the Canadian payment market place. Collect - preauthorized debits, Pay - direct deposit. Manage your payments in advanced folders, use powerful reporting capabilities and...

Calculator For Mortgage Payment 1.0

A Free calculator for calculating the mortgage payment or any monthly payment when the principal amount, interest rate and time of the loan or mortgage are known. This calculator will figure out the monthly payment for any loan or mortgage. This...