Payments News

On The Web

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Security

Keeping Merchants PCI-Compliant Is Becoming Tougher, Survey Finds

March 5 2020

“Independent sales organizations are increasing their use of non-compliance fees for merchants that don’t adhere to PCI Security Standards Council requirements, with 23% of ISOs surveyed for the ControlScan/MAC 2020 Acquiring Trends Report saying they assess these fees. That’s up from the historic range of 17% to 18%. The report, released Tuesday, is based on […]
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Risk

2018 Payment Security Report

September 25 2018

“Lack of sustainable control environments remains a top contributor and precursor to ineffective controls, which in turn become susceptible to data breaches. Organizations achieve sustainable PCI Security compliance when they demonstrate a consistent capability to maintain ongoing operation of all required security controls within their compliance environment.”
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Standards

The PCI Council Unveils Its New Software Security Standards

January 16 2019

“The new set of requirements actually has two major components—The PCI Secure Software Standard and the PCI Secure Lifecycle Standard—and is under the umbrella of what the Wakefield, Mass.-based PCI Council calls its new Software Security Framework. The Council has been working on updating software security for more than a year, and indicated last month […]
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Security

PCI Council Cuts Its QIR Program Fee And Shortens Training Time

March 15 2018

“The PCI Security Standards Council is making changes to its qualified integrators and resellers certification program by reducing the fee to $100, making the certification an individual one, and shortening the training-course time, the council announced Wednesday. Launched in 2012, the QIR program’s focus has been on improving payments security for point-of-sale software, specifically poor practices with remote access […]

On The Wires

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Domains

Equinox Payments and ACCEO Tender Retail Deliver PCI 5.x-certified P2PE-ready Solutions on First Data Platform

January 14 2019

“Equinox Payments (“Equinox”), a leading provider of payment terminals, software and services, and ACCEO Tender Retail today announced that the Equinox Luxe 8500i and Luxe 6200m payment terminals have achieved EMV end-to-end certification on First Data’s processing platform and are expected to be submitted to the PCI Security Standards Council in February for validation. The solution leverages the First Data payments […]
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Standards

Inadequate Data Security Practices Come With Serious Financial Consequences for Canadian Businesses

August 20 2019

“Over one-third of Canadian consumers have experienced the consequences of a security breach or hack, according to newly released research conducted by secure payments provider to contact centers, PCI Pal . The findings suggest that a combination of recent high-profile breaches, media coverage of new data privacy regulations such as GDPR and Canada’s Personal Information […]
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Standards

PCI SECURITY STANDARDS COUNCIL UPDATES PIN SECURITY STANDARD

August 17 2018

“Today the PCI Security Standards Council (PCI SSC) published PCI PIN Security Requirements and Testing Procedures version 3.0, the PCI Security Standard for the secure management, processing and transmission of PIN data at ATMs and attended and unattended point-of-sale (POS) terminals. PCI SSC is also developing a program to train and qualify security assessors to support implementation of the […]