Tag: PCI Compliance

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.

What is Tokenization?

Tokenization is one solution that helps reduce the exposure of sensitive data in situations where it could be accessed by criminals.

Keys to PCI Success for Payment Facilitators

PaymentFacilitator partner Infinicept just published an article that tackles the topic of PCI compliance as it relates to payment facilitators. Included are some key highlights.

Very Good Security Raises $35 Million to Support “Zero Data” Approach

Data security company Very Good Security announced recently that it has raised $35 million in a series B funding round.

Square Comes Full Circle With CBD: New Program Announced

Now officially part of the CBD support group, Square has launched its CBD early-access program, which allows U.S. businesses to sell CBD products on Square “quickly, easily and securely.”

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.”

Payment Facilitators and Liability: With Flexibility Comes Card Scheme Responsibility

The last two years have seen a surge of companies moving into the payment facilitator space. That in itself is not surprising. Becoming a payment facilitator offers tremendous flexibility and value for ISVs and VARs. With that flexibility, though, comes potentially significant liability

PCI PIN Change Is A PF Micromerchant Gamechanger

There’s one bright spot to the payments industry being encased in a massive overly complex, glacially slow bureaucracy, with certification approval times approaching eons. That bright spot is that fixing even one tiny element of the process can have a tremendous impact.