Tag: ControlScan

Do Payment Facilitators Have to Be PCI Compliant?

Data security is a critical component of the work that payment facilitators do. Proper management of sensitive data is an essential responsibility for anyone enabling access to the payments system. So every payment facilitator needs to understand the role that PCI compliance plays in their overall risk management efforts.

RBI to Regulate Payment Aggregators; Square Gets Conditional FDIC Approval: News Roundup

PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.

ControlScan and FIS: Collaborating on Behalf of PFs

Compliance solutions provider ControlScan and processor FIS have come together in an effort to streamline PCI compliance for payment facilitators.

What Do the New PCI Payments Software Security Standards Mean for PFs?

Hopes are cautiously high for the role of the PCI Security Standards Council’s (PCI SSC) new security framework in helping to secure a rapidly evolving payments ecosystem.

Payment Facilitators and PCI: “Everybody Has to Start Somewhere”

An organization’s PCI scope – the components of its business that need to be included in an assessment – can have a dramatic impact on the costs for that company to comply with the security standard’s requirements. According to Chris Bucolo, that’s the fundamental reason payment facilitators need to “engage early.”