What do stakeholders need to know about PCI Security Standards in 2019? PCI SSC Chief Technology Officer Troy Leach provides an update on what to expect for changes to existing standards and a look at those in development this year.
What do stakeholders need to know about PCI Security Standards in 2019? PCI SSC Chief Technology Officer Troy Leach provides an update on what to expect for changes to existing standards and a look at those in development this year.
We get it, PCI Compliance is a recurring topic that feels like a thorn in everyone’s side. It comes up again and again during conversations and integrations and is an important discussion to have. There are many PCI compliance standards that you may have heard of including PCI DSS, PCI PTS and so on. These standards were designed to keep payment solutions in check and make sure the sensitive card data remains safe. The PCI DSS, for example, refers to the Data Security Standard released by the PCI Council that are put in place to ensure that all businesses that accept, process, store and/ or transmit cardholder data (i.e., credit card information), do it in the safest way possible. By following these regulations, merchants can better protect their payment infrastructures from data breaches.
When it comes to managing a business, owners want to run it efficiently, maximize revenue and optimize their operations. But often, they miss on simple opportunities and leave money on the table – and sometimes, it all comes down to how they accept payments.
What happens next with the PCI Point-to-Point Encryption (P2PE) Standard? PCI SSC Chief Technology Officer Troy Leach provides an update.
Payment acceptance for the longest time was thought to be a necessary business expense. But over the last decade, a few significant changes have transformed the definition of “payments” in the industry. One of the changes that acted as a catalyst in this transformation is the improved efficiency in carrying out electronic transactions. Combined with the advancement in technology over the last two decades, innovative solutions have become easily available in the market for all merchants (big or small) looking to improve efficiency and enhance their customers’ experience.
