GlobalCollect announced that it has joined the PCI Security Standards Council as a new participating organization.
As a Participating Organization, GlobalCollect will work with the Council to evolve the PCI Data Security Standard (DSS) and other payment card data protection standards.
The PCI DSS, endorsed by American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., requires merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data integrity. More information on the council and the standard can be found at pcisecuritystandards.org
As a Participating Organization, GlobalCollect will have access to the latest payment card security standards from the Council, be able to provide feedback on the standards and become part of a growing community that by now includes more than 500 organizations. In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entity's best protection against data criminals. By joining as a Participating Organization, GlobalCollect is adding its voice to the process.
"The PCI Security Standards Council is committed to helping everyone involved in the payment chain protect consumer payment data," said Bob Russo, General Manager of the PCI Security Standards Council. "By participating in the standards setting process, GlobalCollect demonstrates they are playing an active part in this important end goal."
Jan Manten, CEO of GlobalCollect, commented: "We are very pleased to have joined the PCI Security Standards Council as a participating organization. This membership underscores GlobalCollect's steadfast commitment to employ a broad range of fraud screening measures and lets us play a direct role in the ongoing development of PCI standards."