| E-xact Announces PCI Compliance
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 30, 2007) - E-xact Transactions Ltd. (TSX VENTURE:EXZ), a leading provider secure payment gateway solutions, is pleased to announce that it has achieved full compliance with the Payment Card Industry (PCI) Data Security Standard (DSS). PCI DSS was developed globally to ensure merchants and service providers adopt best practices to enhance their payment account security. It was developed in 2004 by the card association, which includes: American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa International. For more information about the PCI DSS visit www.pcisecuritystandards.org. Being PCI compliant assures that with E-xact's products and technology, merchant and cardholder data is protected by the industry's highest security standards.
The Aegenis Group Files for Patent on AR² Risk Methodology
The Aegenis Group announced this week that it has filed for a patent on its proprietary methodology for assessing merchant risk within an acquirer's portfolio. Park City, UT (PRWEB) June 14, 2007 -- The Aegenis Group announced this week that it has filed for a patent on its proprietary methodology for assessing merchant risk within an acquirer's portfolio. The AR²T Acquirer Risk model, created by company founder Chris Mark, allows acquirers to identify and assess large groups of merchants quickly and accurately, reflecting not only their likelihood of compromise, but the potential impact to the acquirer should a compromise occur. Unlike other risk tools available in the payments industry, the AR² methodology arms acquiring banks with the tools that they need to take proactive, measurable steps to manage compromise risk.
bellwetherreport.com: US Bancorp is Added to Watch List
Not quite a bank for the entire US, U.S. Bancorp operates nearly 2,500 locations, along with almost 5,000 branded ATMs in about 25 midwestern and western states. The bank holding company, one of the 10 largest in the country, owns U.S. Bank and other subsidiaries that provide consumer and commercial banking, as well as mortgage banking, wealth management, corporate payment services, equipment leasing, and insurance. Among other units, NOVA Information Systems is a leading processor of merchant credit card transactions in the US and Europe. FAF Advisors (formerly U.S. Bancorp Asset Management) changed its name in 2006 to emphasize its relationship with the First American family of mutual funds that it manages. Shares were down 0.47% Receives 'Outstanding' CRA Rating. BellwetherReport.com is a leading online research firm for international investors looking to get an edge over their portfolio.
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