The ai Corporation (ai), an FCA approved expert in payments, risk management and analytics, today announced that its white label omni-channel payment gateway, has been granted Level 1 Service Provider accreditation, for version 3.2 of the PCI Data Security Standard, the global payment industry’s top data security standard.
The PCI Security Standards Council published a new version of the Payment Card Industry Data Security Standard in 2016, as part of its ongoing efforts to regulate and secure the payment industry.
Today’s accreditation verifies that ai’s omni-channel payments solutions meet the rigorous controls defined for the protection of payment card data. Demonstrating the required level of due diligence required for storing, processing and transmitting payment card holder data.
ai, who provide payment, fraud and risk management services to more than 100 banks, over three million multi-channel merchants and over 300 million consumer cardholders, now holds the latest, most secure version of the global Payment Card Industry data security standard.
Dave Gilhespy, COO of ai, says: “The fact that aiGateway has achieved PCI DSS version 3.2 compliance is testament to our teams of experts and robust security of our management systems. Achieving this level of accreditation demonstrates ai’s continuing commitment to ensure the data security and integrity of our payment processes remain at the heart of our payment operations. We see PCI compliance as the baseline standard for any business handling payments.
“At ai we strive to set the bar even higher and push standards further, giving our customers total confidence that ai provides them with a compelling, integrated payment solution, that drives B2B and B2C sales and simplifies payment processing; while being supported and protected by our best of breed, real time, machine learning, fraud capabilities.”
About The ai Corporation Limited (ai)
Founded in 1998, we have a long track record of providing innovative solutions to some of the world’s largest financial/payment institutions and international merchants. Our longstanding business partnerships are based on making things simple - self-service tools that allow our customers to be self-sufficient and take control operationally. By focussing this way, we constantly strive to help our customers create highly profitable returns.
Take Control: Simply Manage Omni-Channel Payments: In line with customer demand and as the payment value chain continues to converge, ai is positioning itself to take advantage of the evolution of payments digitations, by exploiting our fraud and analytical capabilities. To support this ai’s payment gateway, issuing platform and European Money License, means we can act as a payment facilitator for our business partners, allowing them the luxury to rapidly launch new alternative payment types into the market place. A truly end to end offering which uses “state of the art” machine learning to securely manage Omni-channel payment transactions securely via a cloud based platform.
Take Control: Simply Stop Fraud. Today, our unique self-service fraud detection solutions are considered by many industry “thought leaders” to be the best in the world. Our solutions, including our new “state of the art” machine learning/A. I, protect and enrich payments experiences for more than 100 banks, over three million multi-channel merchants and over 300 million consumer cardholders. We also monitor over 25 billion transactions and authorisations each year. These machine learning technologies are also flexible enough to be applied to other business processes that require detailed consumer insight for marketing or pricing.
Find out how ai can provide innovative technology that will help you grow profitably by visiting www.aicorporation.com
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The ai Corporation
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