PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

Virtual Currencies Pose no Threat to Cash, Bank of Canada Says

Will Hernandez by Will Hernandez
November 14, 2013
in Analysts Coverage
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

The Payment Card Industry Security Standards Council recently introduced what it calls a Qualified Integrator Reseller credential for ISOs who set up transactions services for merchants, according to an article from the latest issue of ISO&Agent Weekly.

ISOs qualify for the credential after completing a six-hour online course and pass a 70-question, one-hour exam. The certification is valid for two years and the council even is going to list qualified credential holders on its site.

From ISO&Agent Weekly:

The council sees a need for the credential because Trustwave, a security vendor, reports that 63% of data breaches investigated in 2012 resulted from vulnerabilities introduced by a third party responsible for system support.

“Most of the problems are small and easily fixable,” PCI Council General Manager Bob Russo says of the glitches that allow criminals to hack into point of sale systems.

The most common miscues include failing to change the system’s default password or neglecting to keep remote access secure, he notes.

The Council found merchants, especially mom-and-pop operations, are not doing their due diligence when initially setting up transactions service. Russo notes those mom-and-pop stores often have a son or daughter with little computer science training install a point-of-sale system.

Click here to read more from ISO&Agent Weekly.

Tags: Prepaid
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    direct deposit

    Nacha Launches Campaign to Reach Millennials on the Benefits of Direct Deposit

    February 1, 2023
    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    January 31, 2023
    credit card tumbling

    How to Detect, and Prevent, Credit Card Tumbling

    January 30, 2023
    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    January 27, 2023
    faster payments

    Faster Payments Are Set to Revolutionize Modern Digital Payments

    January 26, 2023
    How AI can Help Manage Payments Risk in 2023

    How AI can Help Manage Payments Risk in 2023

    January 25, 2023
    cross-border payments

    How to Implement Effective and Innovative Cross-Border Payment Strategies

    January 24, 2023
    credit card experiences, digital payments, b2b payments

    Will Consumer-to-Business Payment Trends Drive B2B Global Growth in 2023?

    January 23, 2023

    • Advertise With Us
    • About Us
    • Terms of Use
    • Privacy Policy
    • Subscribe
    ADVERTISEMENT
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • News
    • Resources

    © 2022 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the U.S. Bank report - Real-time payments