FTNI Validates Compliance with the PCI DSS

(I-Newswire) March 2, 2010 - Financial Transmission Network, Inc. (FTNI), a leading provider of electronic payment technology solutions, has been validated compliant with the Payment Card Industry Data Security Standard (PCI DSS). Trustwave, the leading provider of PCI DSS compliance management solutions, performed the validation.

PCI DSS is the payment card industry security requirement for entities that store, process or transmit cardholder data, and has been endorsed by all the major card brands – Visa Inc., MasterCard Worldwide, Discover Network, American Express and JCB.

As a payment services provider, FTNI had to demonstrate compliance by thoroughly documenting its physical access controls, IT environment and information security policies and procedures. To maintain their compliance, FTNI has enrolled in Trustwave’s on-demand compliance management solution, TrustKeeper® to access the necessary tools to support on-going compliance such as quarterly network vulnerability scans. Additionally, FTNI passed multiple network penetration tests to ensure proper security controls were in place to protect its organization from attack by data thieves hoping to obtain confidential data.

“We found it important to have an independent data security firm assess our current security posture and provide further guidance about protecting our network,” says Kurt M. Matis, President and CEO at FTNI. “Trustwave’s proprietary technology and security expertise helped us secure our organization, protect our customer’s card data, as well as maintain our compliance with the PCI DSS.”

“FTNI implemented proper security controls to ensure the organization validated and maintained its compliance with the PCI DSS,” says Robert J. McCullen, chairman and CEO of Trustwave. “Through our penetration testing, we helped FTNI mitigate risks associated with a variety of internal and external attacks, further securing their organization.”

About Financial Transmission Network, Inc.
FTNI’s thin client SaaS ePayment platform offers extensive configuration options that make it ideally suited to a wide variety of industry verticals. FTNI’s PCI compliant solution is uniquely designed to offer banks and merchants a solution that not only clears multiple payment types but also reflects that payment activity in the merchant’s A/R system. With over 150 years combined experience in deploying technology in the financial services industry, the FTNI team understands the need to build a solution that can securely address today’s payment options while standing ready to incorporate tomorrow’s advancements. Whether the payments are mailed in, walked in, phoned in, or entered via the internet, the FTNI solution can be easily deployed to streamline payment processing. For more information, visit: http://www.ftni.com

About Trustwave
Trustwave is the leading provider of on-demand and subscription-based information security and payment card industry compliance management solutions to businesses and government entities throughout the world. For organizations faced with today’s challenging data security and compliance environment, Trustwave provides a unique approach with comprehensive solutions that include its flagship TrustKeeper® compliance management software and other proprietary security solutions. Trustwave has helped thousands of organizations—ranging from Fortune 500 businesses and large financial institutions to small and medium-sized retailers—manage compliance and secure their network infrastructure, data communications and critical information assets. Trustwave is headquartered in Chicago with offices throughout North America, South America, Europe, Africa, Asia and Australia. For more information, visit: http://www.trustwave.com.


MEDIA CONTACTS:

Lyle Knox
FTNI
lyle@ftni.com
402.502.8777
http://www.ftni.com/

About Financial Transmission Network, Inc.:
Financial Transmission Network, Inc. (FTNI) designs, develops, and manages scalable, customized solutions that incorporate check scanning, ACH processing, card processing and ID verification on a single, managed platform to help our clients reduce costs, accelerate timelines and improve transaction processing quality. Their products arose specifically from the passage of U.S. federal legislation such as the Check Clearing for the 21st Century Act (the “Check 21 Act” or “Check 21”) and the U.S.A. Patriot Act (the “Patriot Act”). Through a combination of innovative technology, a range of delivery systems and superior customer service, FTNI continually strives to deliver simplified payment solutions to their clients.

Company Contact Information
Financial Transmission Network, Inc.
Lyle Knox
9290 West Dodge Road, Suite 204
68114
Phone : 402.502.8777