Swiss card processor UBS Card Center has
joined the Payment Card Industry Security Standards Council (PCI
SSC) in a bid to combat fraud threats to the payment

UBS Card Center is the first Swiss card
processor to hold a Payment Card Industry Data Security Standard
(PCI DSS) certification and under the new agreement will now
have access to the latest payment card security standards.

“Through our membership in the PCI SSC, we not
only want to maintain the present security standard but we also
wish to actively participate in the further development of these
standards, helping us to fight future threats to the payment card
industry today,“ said Paul Hess, head of IT & Logistics, at UBS
Card Center.

The PCI DSS requires issuing processors as
well as merchants and service providers that store, process or
transmit customer payment card data to adhere to information
security controls and processes that ensure data integrity.

“The PCI Security Standards Council is
committed to helping everyone involved in the payment chain protect
consumer payment data,” says Bob Russo, general manager of the PCI
SSC. “By participating in the standards setting process, UBS Card
Center demonstrates they are playing an active part in this
important end goal.”

The mission of the PCI SSC is to enhance
payment account security by driving education and awareness of PCI
security standards. The PCI SCC claims that adhering to the PCI DSS
represents an entity’s best protection against data criminals.

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By GlobalData