allpay Limited to contribute to the development of PCI Security Standards as Council’s newest Participating Organisation.
14 October, 2016 — allpay Limited, the UK’s leading payment services specialist, announced today that it has joined the PCI Security Standards Council as a new Participating Organisation. allpay Limited will work with the Council to achieve and improve payment data security worldwide, through the ongoing development of the PCI Security Standards, including the Payment Card Industry Data Security Standard (PCI DSS), PIN Transaction Security (PTS) requirements and the Payment Application Data Security Standard (PA-DSS).
Endorsed by American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., the PCI Security Standards require merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data protection – not just once a year, but as part of an ongoing business-as-usual security posture. To enhance payment data security globally, while embracing new technologies as they are developed, the Council relies on the involvement of those across the payments processing chain, from merchants and service providers to payment device manufacturers and software developers, financial institutions and processors.
As a Participating Organisation, allpay Limited will receive previews of drafts of standards and supporting materials in order to provide feedback to shape their final versions, as well as engage a growing community of more than 700 organisations united to improve payment security worldwide.
allpay Limited will also have the opportunity to recommend new initiatives for consideration to the PCI Security Standards Council, participate in exclusive webinars/Q&A sessions with Council representatives, and review and discuss new versions of the PCI Security Standards while sharing cross-sector experiences and best practices at the annual Community Meetings.
“In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entity’s best protection against network security threats and data breaches,” said Stephen W. Orfei, General Manager of the PCI Security Standards Council. “By joining as a Participating Organisation, allpay Limited demonstrates it is playing an active part in mitigating the threats and improving the security of the payment chain globally by driving the security standards to higher levels of adoption and strength.”
“We are delighted to be a Participating Organisation and look forward to playing a direct role in the ongoing development of PCI Security Standards,” said Simon Cook, head of information security and compliance at allpay Limited. “This is a brilliant opportunity for allpay to stay up-to-date with, and review in advance, standards before release and actively partake in decision-making. We are pleased to stand in for election on the Board of Advisors, too, and very much look forward to contributing toward improving payment security on a global scale.”
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About the PCI Security Standards Council
The PCI Security Standards Council is a global forum that is responsible for the development, management, education, and awareness of the PCI Data Security Standard (PCI DSS) and other standards that increase payment data security. Founded in 2006 by the major payment card brands American Express, Discover, JCB International, MasterCard and Visa Inc., the Council has 700 Participating Organisations representing merchants, banks, processors and vendors worldwide. To learn more about playing a part in securing payment card data globally, please visit: www.pcisecuritystandards.org.
Connect with the PCI Council on LinkedIn. Join the conversation on Twitter @PCISSC.
About allpay Limited
Collecting more than £6bn a year from more than 60 million transactions, allpay Limited is the UK’s leading payment services specialist, offering the widest range of payment collection services. The business is part of allpay Limited, established in 1994, and headquartered in Hereford, with offices in London and Cheltenham.
allpay Limited works with central government departments, social housing, education, credit unions and debt collection agencies, to facilitate the collection and receipt of revenues. It works with 75 per cent of the top 400 housing associations and a third of all local authorities in the UK. The company works with each of its clients to save them money through creating modern payment and card systems that are both cost effective, and convenient for the end consumer. In addition to bill collection, allpay Limited also operates prepaid cards and cashless technologies for a range of sectors.
For more detailed information visit www.allpay.net
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