— As The Council’s Newest Associate Participating Organization, PAYSYS to Contribute to The Development of PCI Security Standards—
FOR IMMEDIATE RELEASE
Karachi, Sindh/Pakistan, September 25, 2023 — PAYSYS, provides digital financial services solutions to financial institutions and fintech, announced today that it has joined the PCI Security Standards Council (PCI SSC) as a new Associate Participating Organization. PAYSYS will work with the PCI SSC to help secure payment data worldwide through the ongoing development and adoption of the PCI Security Standards.
The PCI SSC leads a global, cross-industry effort to increase payment security by providing flexible, industry-driven, and effective data security standards and programs. Global industry collaboration is critical to this mission. The Council’s Participating Organizations program brings together industry leaders to strategize about how to protect payment data from the latest threats and to anticipate the needs of an ever-changing payment ecosystem.
As an Associate Participating Organization, PAYSYS adds its voice to the standards development process and will collaborate with a growing community to improve payment security worldwide. PAYSYS will also have the opportunity to recommend new initiatives for consideration to the PCI Security Standards Council and share cross-sector experiences and best practices at the annual PCI Community Meetings.
“In an era of increasingly sophisticated attacks on systems, PCI Security Standards and resources help organizations secure payment data and prevent, detect and mitigate attacks that can lead to costly data breaches,” said Lance Johnson, Executive Director of the PCI Security Standards Council. “By joining as an Associate Participating Organization, PAYSYS has the opportunity to play an active part in improving payment security globally by helping drive awareness and adoption of PCI Security Standards.”
“Paysys is thrilled to join PCI SSC as an Associate Participating Organization, forging a stronger connection between the payment card industry and the dynamic geological regions we represent. We believe that our unique perspective, shaped by the diverse and evolving payment landscape in our part of the world, holds the key to unlocking new horizons of innovation and security. With more than 200+ resources, Paysys is actively dedicated to contributing to the improvement of security standards, making the industry more inclusive, secure, and attuned to the needs of our regions and beyond” Said Karim Jindani, CEO of PAYSYS.
About the PCI Security Standards Council
The Paysyslabs leads a global, cross-industry effort to increase payment security by providing industry-driven, flexible and effective data security standards and programs that help businesses detect, mitigate and prevent cyberattacks and breaches. Connect with the Paysyslabs on LinkedIn. Join the conversation on Twitter @paysyslabs
Paysys labs (Private) Limited provides Digital Financial Services Solutions to Financial Institutions and FinTech. These solutions include SaaS applications, hosting services, managed services, payment gateway, development and maintenance services.