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The Green SheetGreen Sheet

The Green Sheet Online Edition

January 12, 2015 • Issue 15:01:01

Readers Speak

Kudos for a profile well done

Thank you so much, Laura and Ann, for the great company profile. With just a quick phone call you captured awesome info on Chosen Payments, and it's always a pleasure to see such great editorial skills. The Green Sheet brings great content to its readers, and I am honored once again to have Chosen Payments highlighted in your content.

Jeff Brodsly, President and Chief Executive Officer Chosen Payments

Jeff,

Thank you for acknowledging the skill that goes into writing informative content of interest to our readers. We certainly appreciate the positive feedback and look forward to sharing insights from other industry leaders like you.

Payments industry companies may request a profile by sending an email request, along with contact information, to laura@greensheet.com. These profiles are not paid advertising. They are part of our regular editorial coverage and are published on a first-come, first-serve basis. It's a good idea to submit requests as soon as possible since the queue of pending profiles is quite long.

Editor

How important is PCI DSS 3.0?

I've heard that PCI DSS 3.0 needs to be implemented as of January 2015. Not many merchants seem to be aware of it. What advice do you have for merchant level salespeople?

Melanie Belken, Merchant Level Salesperson

Melanie,

Your question is timely. Other payment professionals are seeking guidance as well. It's important to recognize how Payment Card Industry (PCI) Data Security Standard (DSS) compliance, or lack thereof, can impact businesses, including yours. As electronic systems and devices become more connected and we approach the October 2015 deadline for U.S. migration to the Europay/MasterCard/Visa technology standard, the need for strengthened data security has never been greater. Indeed, there has been an upsurge in U.S. data breach incidents reported.

An excellent place to start is the PCI Security Standards Council website at www.pcisecuritystandards.org, where you will find plenty of useful information and documentation on the latest PCI security requirements (see the Documents Library).

The current issue of The Green Sheet features an article in the news section titled New Year's Eve countdown to PCI DSS 3.0. Also see the sidebar, No mad rush by merchants to PCI 3.0, that accompanies the lead article, Coming to terms with escalating compliance requirements, in this issue.

Another article that sheds light on this subject, PCI DSS version 3.0 revealed, which was published in The Green Sheet, Nov. 25, 2013, issue 13:11:02, in advance of the PCI SSC's unveiling of version 3.0 in January 2014. As new data security standards become available, we hope you will turn to our publication for guidance in the future.

Editor

New year, fresh concepts welcome

As we enter the first quarter of January, many of us have had time to reflect on the actions that must be undertaken to achieve business objectives for the coming year. What fresh concepts do you plan to initiate? Which areas of business could be streamlined or eliminated altogether because they no longer fit into the larger picture? Share your views, opinions and questions with readers. Drop us an email at greensheet@greensheet.com. The Green Sheet, Inc.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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