SmartStream receives highest level of Payment Card Industry Data Security Standard

KUALA LUMPUR, July 29 -- SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, has announced certification for Payment Card Industry Data Security Standard (PCI-DSS) version 3.2.1, level 1 (the highest level).

According to a statement, the certification provides additional reassurance to serve card and digital payment customers and process personal identifiable information across the world.

The PCI-DSS certification is one of the most trusted, demanded and in a lot of cases mandatory qualifications for solutions partners.

SmartStream’s reconciliations platform and OnDemand (SaaS) services using its flagship solutions: TLM Reconciliations, TLM Aurora and SmartStream Air (Artificial Intelligence Reconciliations), have been certified at the highest level of security standards.

This also includes the departments, staff, locations and processes which support the complete service model.

For SmartStream, achieving PCI-DSS status involved demonstrating high levels of security across the whole organisation, covering domains such as physical security, personnel security, fraud control mechanisms, IT & data security and data privacy - on a fully monitored business environment.

SmartStream chief executive officer, Haytham Kaddoura said: “The process was rigorous, it included revisiting numerous policies, testing security solutions and implementing new processes, it was a collaborative team effort across all of the business units.”

-- BERNAMA