No thanks, stay here.  

  We notice you are visiting from a U.S. Internet provider. Switch to our U.S. website.

Industry News

PCI Security Standards Council busy with more than just PCI-DSS revisions

By Lauren Lindberg

04/02/2010 - Though the new version of the PCI-DSS, the governing set of security regulations for the payment processing industry, is due out in October of this year, businesses whose merchant services include debit and credit card processing will likely hear from the PCI Security Standards Council before October.

Electronic payment processing news magazine Digital Transactions reported Thursday that the PCI SSC is in the process not only of revising the PCI-DSS, but also evaluating emerging payment card security technology such as EMV chip cards and end-to-end encryption.

The council will also update the Pin Transaction Security document or PTS - which governs PIN-entry devices - and the PA-DSS, which governs payment card software applications.

The evaluation of security technology is expected to be released in April, the PTS revisions will take effect at the end of April, and the PA-DSS will become official on October 31, the magazine reported.

The PCI Security Standards Council has recently closed the comment period for the new PCI-DSS, and is currently in the process of evaluating the feedback from payment processing industry players. ADNFCR-2514-ID-19598930-ADNFCR

Related News - Security and Fraud

Study: PCI compliance a no-brainer among Level Four merchants

10/01/2012

A recent survey by research firm Gartner found nearly one-fifth of retailers and credit card processing services are not compliant with Payment Card Industry Data Security Standards.

Full Article

Tracking spending can be made easy with credit cards

06/12/2011

Many people feel that plastic payment processing options can lead to overspending, but a recent article published by Forbes explains that making payments with credit cards is actually a great way to control costs and track expenses.

Full Article

Keeping business bank accounts safe and secure

11/10/2011

The internet has provided consumers with many new and convenient ways to access their account information, but these advances have also created the need for thorough security measures.

Full Article

Personalized payment chips get fraud prevention upgrade

10/10/2011

Payment chips made by Fiserv will now be further personalized using the Europay MasterCard Visa (EMV) standards, a global credit card payments technology that helps prevent fraud from lost, stolen or counterfeit cards.

Full Article