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December 16, 2004
PSC received an announcement from Visa USA regarding the alignment of Visa USA Cardholder Information Security Program (CISP) with other payment card companies.
In a memo released by John Shaughnessy, Senior Vice President, Fraud Management, Visa is in pursuit of a single approach to safeguarding sensitive data for all card brands. Visa and MasterCard have collaborated in creating common industry security requirements. The alignment of Visa's Cardholder Information Security Program (CISP) and MasterCard's Site Data Protection (SDP) Program has led to the formation of a worldwide standard for consumer data protection across the payment industry that will be known as the Payment Card Industry (PCI) Data Security Standard. Other card companies operating in the U.S. have also endorsed the PCI Data Security Standard within their respective programs.
To learn more, Read the memorandum.
PSC brings over 100 years of combined experience in electronic payment processing systems and technology to solve real-world problems for our clients.
PSC's history in payment systems consulting and software solutions make us your ideal partner. We have extensive experience in developing traditional payment systems for merchants, acquirers, card issuers and retail banking customers as well as cutting edge solutions for P2P payments, smart-cards, biometrics, micropayments, e-wallets, identity brokers, mobile payments and other custom projects.
PSC is a approved Visa CISP security assessor and authorized to perform assessments according to the Payment Card Industry Data Security Standards.
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