Conformance Technologies, a US-based provider of technology, education and expertise used in managing sensitive data, has launched two new payment security products.
The newly launched products, InConRadar and Payment Security Awareness System, are designed specifically to help the merchant acquiring industry operate with increased security, integrity and operational efficiency while lowering risk, the company claims.
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InConRadar is an automated website scanning service, which identifies suspicious commercial activities and business practices requiring further acquiring bank or payment processor investigation. Notifying both merchants and payment processors during website outages, it provides evidence and an account of website changes.
While Payment Security Awareness System will assist merchants in assessing and recording compliance with Payment Card Industry Data Security Standard (PCI DSS) requirements on a day-to-day basis.
Conformance Technologies president Darrel Anderson said: "Payment processors are under significant pressure to make sure the merchants in their portfolios are safe, secure, compliant and legitimate.
"Our InConRadar and Payment Security Awareness System solutions reduce this business burden, while providing acquiring banks and payment processors a daily assessment of the status of the merchants in their portfolio."
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