Gresham Clareti Transaction Control gains PCI DSS Accreditation

Source: Gresham Computing

Gresham Computing plc, a leading provider of transaction control solutions to international financial institutions and corporates, today announced Gresham’s Clareti Transaction Control (CTC) has been certified as meeting the PCI Data Security Standard (PCI DSS) for the global card processing industry.

CTC's market-leading reconciliation and transaction control functionality can now bring further protection against fraud and error to the card payments industry.

The PCI Security Standards Council offers robust and comprehensive standards for payment card data security. These include a framework of specifications, tools, measurements and support resources to help organisations ensure the safe handling of cardholder information. PCI DSS provides an actionable framework for developing a robust payment card data security process, including prevention, detection and appropriate reaction to security incidents.

CTC was independently audited by an external assessor and completed level one, the highest level, PCI DSS version 3.1. The development processes for CTC that are followed have been certified by this accreditation as best practice and adhere to the high standards of the PCI Security Standards Council.

“The PCI DSS accreditation for our flagship product, Clareti Transaction Control, means that any card processor can be onboarded onto our platform, safe in the knowledge that we adhere to the strictest standards,” said Neil Vernon, Chief Technology Officer, Gresham. “We have proven in our development approach that it is possible to develop innovative and relevant software while maintaining best practice and highly secure standards.”

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