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The PCI Council Unveils Its New Software Security Standards

The PCI Council Unveils Its New Software Security Standards

“The new set of requirements actually has two major components—The PCI Secure Software Standard and the PCI Secure Lifecycle Standard—and is under the umbrella of what the Wakefield, Mass.-based PCI Council calls its new Software Security Framework. The Council has been working on updating software security for more than a year, and indicated last month [...]

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India’s UPI usage surges as digital payments continue to gain traction

India’s UPI usage surges as digital payments continue to gain traction

“UPI crossed the Rs1 trillion ($14 billion) milestone for monthly value in December, growing nearly eight times over the previous year. It also achieved a monthly volume of over 600 million, four times the volume of UPI transactions in December 2017, according to data released by National Payments Corporation of India (NPCI). The total payments industry saw [...]

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Deutsche Bundesbank eases banks into ISO 20022

Deutsche Bundesbank eases banks into ISO 20022

“Deutsche Bundesbank, the German central bank, is using Swift MyStandards and Readiness Portal to support the European banking community migrate payment flows to the ISO 20022 standard. The central bank will use the platform to ensure a smooth transition for community members. Deutsche Bundesbank is a member of the four central bank service providers for the Target services. The Readiness Portal [...]

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