
Guiding and assessing payment applications against P2PE standards
Foregenix, a UK payment security firm, announces today that it is one of the first Qualified Security Assessors (QSA) to be accredited by the Payment Card Industry Security Standards Council (PCI SSC) as having the capability to guide and assess payment applications against its Point-to-Point-Encryption standards (P2PE). The P2PE standard lays out the requirements for Point-to-Point- Encryption solutions and is designed to reduce the scope of PCI DSS assessments for merchants that use them. P2PE solutions focus on ensuring cardholder data is secured from the point of transaction all the way to the processor.
“With this new accreditation, Foregenix is well positioned to help companies that are looking to validate their payment applications against the P2PE standard in the very near-term, as well as being able to assist merchants looking to reduce their risk and PCI DSS overhead,” said Foregenix director Benj Hosack.
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more