PayPlum, LLC, announced that it has added Chase Paymentech, a subsidiary of JPMorgan Chase, payment processor certification to its PayPlum Enterprise PCI software suite. PayPlum now supports Chase Paymentech’s full product capabilities including tokenization, customer profile management, level II and level III transaction processing features.
Greg McGraw, CEO and co-founder at PayPlum commented: “This certification to Chase Paymentech enables larger enterprise companies to deliver true ‘end-to-end cardholder data protection’ at a fraction of the risk and cost of self-compliance. PayPlum’s patent pending data capture and transport technology works in tandem with leading payment processor integration. PayPlum Enterprise PCI isolates and segments cardholder acceptance at the point of entry without interrupting the session continuity or customer experience.”
PayPlum Enterprise PCI software is available for deployment in two different environments. Merchants can host PayPlum client software in their own, secure data center within a smaller footprint, limiting personnel access, and vastly reducing PCI scope or merchants can have it installed in a ‘ready-to-deploy’ private PCI compliant cloud environment powered byLayered Technology, Inc. In either deployment, complete UI control and site integrity remains with the enterprise merchant while still reducing risk and achieving cost savings up to 80% over self-compliance.
Marca Wosoba, Head of International Development at World First, looks at the changes and disruptions in the financial sector, and identifies the importance of strategic partnerships.
Ford Motor Co and Amazon have announced a collaboration that will see Amazon’s Alexa integrated into Ford vehicles as a voice-activated digital assistant.
The government has confirmed that the £1 coin will be replaced for the first time in 30 years. The new coin is said to be the "most secure" coin due to a number of new features that will make it much more difficult to counterfeit.
Judges have picked Clever as the overall winner of the Money 20/20 Hackathon 2016 taking place in Las Vegas.