Omaha, NE (PRWEB) December 05, 2013
Baldwin Hackett & Meeks, Inc. (BHMI), the creator of the Concourse Financial Software Suite™, announced today that Release 3.8 of all modules within the Concourse Financial Software Suite achieved PCI PA-DSS Version 2.0 Certification. This includes Concourse – Core™, Concourse – Extended Settlement™, Concourse – Reconciliation™, Concourse – Fees & Commissions™, and Concourse – Disputes™.
On April 15, 2008, the Payment Card Industry Security Standards Council (PCI SSC) launched the PA-DSS program. Compliance with the most recent release of the PA-DSS standards is mandatory and enforced by the major payment card brands who established the Council. This includes American Express, Discover Financial Services, JCB International, MasterCard Worldwide, and Visa Inc.
The goal of PA-DSS is to ensure that software vendors are developing secure payment applications that do not store prohibited cardholder data. PA-DSS applies to applications that store, process, or transmit cardholder data as part of authorization or settlement. These applications must be aligned with the payment application security requirements and audit procedures defined by the PCI SSC to ensure that any customer using the payment application remains PCI DSS compliant when the payment application is implemented.
As the creator of back office payments processing software, BHMI worked with a third-party Payment Application-Qualified Security Assessor (PA-QSA) to validate that the Concourse Financial Software Suite complies with PA-DSS Version 2.0 standards. Upon a thorough audit of all modules within the Concourse Financial Software Suite, a formal PA-DSS Version 2.0 certification has been provided and Concourse is listed on the PCI SSC web site under Baldwin Hackett & Meeks, Inc.
ABOUT CONCOURSE FINANCIAL SOFTWARE SUITE
The Concourse Financial Software Suite™ is a powerful PCI-compliant back office software solution specifically designed to manage electronic payment transactions including credit, debit, POS, ATM, mobile, and prepaid. With user-configurable business rules, an online transaction repository, and a continuous processing architecture, Concourse proactively assesses and allocates fees for all business relationships, settles and reconciles all transaction types, and automates disputes processing. Concourse also has a user-friendly, browser-based transaction viewer and extensive reporting capabilities. For more information, please visit http://www.concoursefinancialsoftware.com.