ACI Worldwide and comforte AG Pave the Way for Payment Modernization with PCI DSS v4.0 Compliance
March 11 2024 - 9:00AM
Business Wire
PCI DSS v3.2.1 will be retired on March 31,
2024, underscoring the need for businesses to act swiftly and
comply with v4.0 by the time it comes into full effect on March 31,
2025.
ACI Worldwide (NASDAQ: ACIW), a global leader in
mission-critical, real-time payments software, and comforte AG, a
leading provider of data-centric security solutions, today
announced a partnership to help customers meet the new Payment
Cards Industry Data Security Standards (PCI DSS) v4.0 standard.
Under this partnership, ACI will use comforte’s data-centric
security solutions, which ACI has rigorously tested to be
compatible with ACI’s solutions.
PCI DSS is a global standard that provides a baseline of
technical and operational requirements designed to protect
sensitive payments data. This new version fortifies core security
principles while providing more flexibility and guidance to help
organizations secure account data now and in the future. Adhering
to the new PCI DSS v4.0 standards is not just about compliance but
a stride towards payment modernization – offering opportunities for
better payment experiences and enabling the adoption of emerging
technologies while bolstering protection against cyber threats.
“Market forces and security mandates such as real-time payments
and PCI DSS v4.0 are key catalysts for payment modernization,
paving the way for growth and innovation across the industry,” said
Abe Kuruvilla, Chief Technology Officer of ACI Worldwide. “ACI’s
partnership with comforte aligns with our unwavering commitment to
provide our customers with the highest levels of security and fraud
protection to meet the increasing security demand in this dynamic
payment landscape.”
PCI DSS v4.0 requirements for data security at rest move beyond
disk-level encryption to protection within applications. comforte’s
Data Security Platform meets this requirement by inserting a
protection layer into applications that buffers for tokenization or
encryption of sensitive data. By leveraging standards-based data
encryption, tokenization, and masking, the comforte Data Security
Platform provides granular audit and control for regulatory
compliance without affecting service levels or compromising
efficiency.
“We are proud to partner with a global payment solutions leader
like ACI that shares our dedication to customer service,
innovation, and security. Customers around the world will benefit
from enhancing their data security and privacy while maintaining
usability for analysis and powering business processes,” said
Michael J. Deissner, CEO at comforte AG. “ACI’s and comforte’s
combined expertise and proven solutions will facilitate seamless
transactions across diverse platforms while enabling customers to
streamline the compliance process and achieve their security
objectives.”
About ACI Worldwide
ACI Worldwide is a global leader in mission-critical, real-time
payments software. Our proven, secure and scalable software
solutions enable leading corporations, fintechs and financial
disruptors to process and manage digital payments, power
omni-commerce payments, present and process bill payments, and
manage fraud and risk. We combine our global footprint with a local
presence to drive the real-time digital transformation of payments
and commerce.
About comforte AG
comforte AG is a leading provider of data-centric security
technology. Today, more than 500 Enterprises worldwide rely on its
tokenization and format-preserving encryption capabilities to
secure the sensitive data that they have been entrusted with. The
comforte Data Security Platform seamlessly integrates into most
modern cloud-native environments as well as traditional core
systems. No matter where your data is, it helps you discover,
classify and protect it. With more than 20 years of experience in
data security and protection of truly mission-critical systems,
comforte AG is the perfect partner for organizations who want to
secure their growth by protecting their most valuable asset:
data.
For more information, visit comforte.com and follow comforte AG
on LinkedIn and Twitter.
© Copyright ACI Worldwide, Inc. 2024
ACI, ACI Worldwide, ACI Payments, Inc., ACI Pay, Speedpay and
all ACI product/solution names are trademarks or registered
trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in
the United States, other countries or both. Other parties’
trademarks referenced are the property of their respective
owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20240311871324/en/
Media ACI Worldwide Nick Karoglou | Head of
Communications and Corporate Affairs |
nick.karoglou@aciworldwide.com Lyn Kwek | Communications and
Corporate Affairs Director, APAC/South Asia |
lyn.kwek@aciworldwide.com
comforte AG Thomas Stoesser | EVP Marketing |
t.stoesser@comforte.com
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