Printer Friendly
The Free Library
21,607,437 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Peppercoin Small Transaction Suite First to Complete Visa CISP and Other Credit Card Data Security Compliance Validation.

CHICAGO & WALTHAM, Mass. -- Ambiron's Multi-Card Compliance Program Helps Protect Against Security Breaches

Ambiron, a firm specializing in information security and compliance services, and Peppercoin, a payments company that enables profitable, new business models for low-priced digital content and physical goods, today announced that the Peppercoin Small Transaction Suite is the first small payments solution to receive Visa CISP CISP Cardholder Information Security Program (Visa)
CISP Comitato Internazionale per lo Sviluppo dei Popoli
CISP Certified IRA Services Professional (American Bankers Association) 
 and MasterCard SDP (Session Description Protocol) An IETF protocol that defines a text-based message format for describing a multimedia session. Data such as version number, contact information, broadcast times and audio and video encoding types are included in the message.  certification and validate compliance with the data security programs of the major credit card associations.

To validate compliance, Peppercoin leveraged Ambiron's Multi-Card Compliance Program (MCCP MCCP MUD Client Compression Protocol
MCCP Marine Corps Capabilities Plan
MCCP Mast-Clamp Current Probe
MCCP Medicare Coordinated Care Plan
mCCP M-Chlorophenylpiperazine
MCCP Master Control and Channel Production
), a proprietary assessment process that aggregates all credit card data security standards. Peppercoin demonstrated compliance with the data security standards set forth by all the major credit card associations, including:

--Visa Cardholder Information Security Program The Cardholder Information Security Program (CISP) was a program established by Visa USA to ensure the security of cardholder information as it is being processed and stored by merchants and service providers.

CISP has since been superseded by the [https://www.
 (CISP)

--Visa Account Information Security (AIS)

--MasterCard Site Data Protection (SDP)

--American Express Data Security Operating Policy (DSOP DSOP Draft Statement of Principles
DSOP Defence School of Photography (UK Ministry of Defence)
DSOP Degenerate Statistically Optimum Plan
DSOP Dual Die Tsop
)

--Discover Information Security and Compliance (DISC)

"Peppercoin is committed to complying with credit card association guidelines and enabling card association revenue growth by helping convert the $1.32 trillion in annual cash small payments into card payments," said Mark Friedman, president of Peppercoin. "Through Ambiron's program, we have validated Peppercoin's ability to integrate securely and seamlessly within the existing payments infrastructure. Financial service companies can rapidly deploy Peppercoin's suite, which is designed for scalability as market demand grows."

With the business model flexibility offered by Peppercoin's Small Transaction Suite, merchants will increase revenue and profits via small payments in the digital, mobile and physical point-of-sale markets. As a result, Peppercoin will drive significant additional volume over the existing payments network.

Ambiron Vital Signs(TM), a vulnerability and compliance management system designed to meet the specific information security requirements of businesses that store, process and/or transmit credit card data, will monitor Peppercoin's systems to help maintain compliance.

"Peppercoin is an ideal company to take advantage of Ambiron's vulnerability management and compliance solutions," said Robert J. McCullen, co-founder and managing partner of Ambiron. "Peppercoin demonstrated quickly that their operations and payment processing systems exceed our compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds). , and that their Small Transaction Suite is ready for immediate deployment."

The data security programs of the card associations were recently aligned into the Payment Card Industry (PCI (1) (Payment Card Industry) See PCI DSS.

(2) (Peripheral Component Interconnect) The most widely used I/O bus (peripheral bus).
) Data Security Standards. Through Ambiron's MCCP, Peppercoin has validated compliance with the PCI Data Security Standards.

About Peppercoin, Inc.

Peppercoin enables profitable new business models for low-priced digital content and physical goods. Peppercoin's small payment products help merchants, banks, and other payments companies build market adoption quickly through a flexible, consumer-friendly approach. Peppercoin integrates easily with existing business models and systems to accelerate revenues and increase profits while dramatically lowering transaction and customer service costs. For more information visit www.peppercoin.com.

About Ambiron

Ambiron provides data security and compliance services to businesses in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 vertical. For the payment industry, we help banks, merchants and service providers mitigate their risk by validating compliance with the card association data security programs for American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , Discover, MasterCard, Visa Canada and Visa USA. For companies in the electronic trading This article or section is in need of attention from an expert on the subject.
Please help recruit one or [ improve this article] yourself. See the talk page for details.
 business, we provide services that enable a secure, stable platform for processing transactions. Headquartered in Chicago with offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Ambiron's staff is composed of network and data security professionals who have substantial experience in delivering services to large and mid-sized companies. To learn more about Ambiron, please visit www.ambiron.net.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jan 12, 2005
Words:555
Previous Article:New Edge Networks Gets 'Product of the Year Award' for Managed Networks.
Next Article:Basho Strategies Launches the Basho Public Workshops.



Related Articles
CARDS COULD THIN OUT WALLETS FULL OF PLASTIC.
Protegrity Secure.Data F3 with nCipher FIPS 140 validated hardware now available for Microsoft SQL Server 2000.
Chockstone, Inc. Announces Compliance with Visa CISP Program.
ClearCommerce Announces Next Generation Secure Payment Processing Platform; Hardened Commerce Ensures End-to-End Compliance With Card Associations'...
GO Software Enhances Security of Product Portfolio, Engages Cardholder Information Security Program Audit Firm.
NBS Technologies Inc. Announces Notification of CISP, AIS and SDP Compliance: Commerce Gateway Meets the Rigorous Requirements for Global Secure...
Abanco Completes MCCP Certification.
New Edge Networks Gets Credit Card Security OK from Visa; CISP compliance assures merchants VPN traffic is secure.
Buyer beware: online payment solutions explained.
PCI compliance: protecting your donors and your organization.

Terms of use | Copyright © 2013 Farlex, Inc. | Feedback | For webmasters | Submit articles