PA-DSS - PCI Security Standards Council The PCI Security Standards Council offers robust and comprehensive standards and supporting materials to enhance payment card data security. These materials include a framework of specifications, tools, measurements and support resources to help organizations ensure the safe handling of cardholder information at every step. The keystone is the PCI Data Security Standard (PCI DSS), which provides an actionable framework for developing a robust payment card data security process -- including prevention, detection and appropriate reaction to security incidents. Tools to assist organizations validate their PCI DSS compliance include Self Assessment Questionnaires. The chart linked here shows some of the tools available to help organizations become PCI DSS-compliant.
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Fundbox has announced it has closed $17.5MM in funding led by Khosla Ventures to "fill the void left by banks and credit companies, and fix the small business economy using data science." Other investors include Ron Conway’s SV Angels, Vikram Pandit, former CEO of Citigroup, Tom Glocer, former CEO of Thomson Reuters, Jay Mandelbaum, former Head of Strategy and E-commerce at JP Morgan Chase, Emil Michael, SVP of Business at Uber, Shlomo Kramer, CEO Imperva, David Krell, Chairman ISE and several others. The investment will be used to scale the data operations and product, increase marketing outreach efforts, expand the Fundbox San Francisco headquarters, and make additional strategic hires in the Bay Area.
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The Green Sheet - Information Amid the continuing volatility and controversy that surrounds the virtual currency bitcoin, mobile payment innovator Square Inc. added bitcoin payment functionality for merchants on its online platform, Square Market. San Francisco-based Square partnered with bitcoin processor Coinbase to offer the service. According to a March 31, 2014, post on Square's corporate blog, the service is available on Square's online checkout page. "When a buyer opts to 'Pay with Bitcoin,' we first generate a new bitcoin address and attach it to the order," said Square Market lead Ajit Varma. "We will continually monitor this address throughout the checkout process so we know when it has received payment." Read the Entire Story
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