Navigation
PCI OVERSIGHT BODY IN THE WORKS:
May 29, 2006

PCI OVERSIGHT BODY IN THE WORKS: Five U.S. card networks reportedly are discussing the development of a formal organization to oversee the
Payment Card Industry Data Security Standard, commonly known as PCI. The proposed entity, informally called PCICo, would include representatives of Visa USA, MasterCard International, American Express, Discover
Financial Services and JCB Co. Ltd. "We believe now that there is enough interest to make this an open standards body," MasterCard Chief Risk
Officer Chris Thom said at the Retail Data Security Forum in Chicago earlier this week. "This company will own the standard and manage its
evolution." Thom said the organization has established a legal framework and could be announced this summer. MasterCard confirmed in a statement to CardLine that the organization is expected to launch in the second half of 2006. Avivah Litan, senior analyst at Stamford, CT-based Gartner Inc., tells CardLine she's optimistic the entity will address merchant frustration over differing interpretations of PCI standards by Visa and MasterCard. "There's always been a lot of confusion," Litan says. "Now they'll speak with one voice, and that's an improvement." Visa and
MasterCard have been quick to stress that PCI requirements won't be eased. In its statement, MasterCard reported "there are no plans to make
any of the PCI requirements less robust." Visa released a similar statement on Monday (CardLine 5/22).

PREVIOUS POSTS
May 26.06 | Batten Down Online Shopping Carts, Visa Warns!!!!

BATTEN DOWN ONLINE SHOPPING CARTS, VISA WARNS: Visa USA is warning today
of an increase in a particular type of attack on online merchants and
recommending strategies to address it. read more

Mar 16.06 | C.N. Wylie Group Inc. Achieves PCI DSS Compliance Dec. 12, 2005!

Vancouver, BC – Dec. 12th, 2005
The C.N. Wylie Group of Companies including: PayPaq Solutions Inc.; Strategic Profits Inc.; Helpforcharities.com Inc.,; SPIguard Security Solutions Inc.; Communitystorefronts.com is pleased to announce that they have achieved compliance through the PCI (Payment Card Industry) DSS (Data Security Standards)! read more

Nov 06.05 | Helpforcharities.com Inc. completes INTERAC Online integration for Canadian Red Cross

VANCOUVER, British Columbia-- (BUSINESS WIRE)-November 6, 2005-
Helpforcharities.com Inc. announced today the "go live" of INTERAC Online
technology by completing integration of the new INTERAC Online technology to Canadian
Red Cross's online donation page read more

Oct 06.04 | C.N. Wylie Group Inc. and Strategic Profits Inc. Corporate Restructuring

VANCOUVER, British Columbia--(BUSINESS WIRE)-October 6, 2004-C.N Wylie Group
Inc. today announced the launch of their
new corporate site and finalization of its corporate restructuring read more

ARCHIVE