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Follow on Google News | Trandotcom Achieves Pci Dss Certification – Level 1Stringent Data Security Accreditation Awarded for 100% Compliance with Standards
Founded by American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., the PCI Security Standards Council issues certification for compliance with the PCI Data Security Standard (DSS). The standard was created to help organizations that process card payments prevent credit card fraud through implementation of increased controls around data and its exposure to compromise. Internationally, PCI DSS certification is required by all major banks to process directly with them. The certification applies to all organizations or merchants that accept, transmit or store any cardholder data. “Achieving Level 1 certification from PCI is part of our ongoing commitment to the security plan for our systems and infrastructure,” Level 1 PCI certification requires audit by an outside firm. The TranDotCom review was conducted by T3i, a leading risk management consultancy that specializes in security, regulatory compliance and other industry certifications. The T3i report cited that TranDotCom had passed its audit with 100% compliance, and that “all requirements in the Report on Compliance (ROC) are marked in place and a passing scan has been completed….thereby TranDotCom Solutions has demonstrated full compliance with the PCI DSS v1.2.” As the latest version of PCI DSS, v1.2 is more stringent that the prior version. The standards ensure that any credit card data is totally encrypted at all times. Additionally, networks are tested to ascertain that no outside entry can gain access to secure information. Annual re-certification, including a full audit, is required. “We were pleased to come through the review fully compliant across all our systems,” reports Carson. “Given the constraints of the new version, there will be fewer companies qualifying for certification at the level that we have,” he continues. As a global certification, the PCI DSS Level 1 accreditation covers all TranDotCom processing, including customers in Canada and the United Kingdom. About TranDotCom Solutions, LLC TranDotCom Solutions is a leader in automated consumer finance transaction processing, providing a full range of consulting, software, support and transaction processing services which allow lenders to be more competitive and highly efficient. TranDotCom Solutions understands and specializes in all of the components of consumer finance lending including payday advance and line-of-credit products. TranDotCom pioneered the industry’s first web-based transaction management system and has been processing transactions since 2000, supporting storefront and online lenders in the United States, Canada, and the United Kingdom. TranDotCom may be reached at 678-433-1200 or sales@tdcemail.com. # # # TranDotCom has been serving the transaction processing needs of the consumer finance industry since 2000. TranDotCom Solutions provides software solutions for companies operating in the short-term and mid-term lending industry. End
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