Representatives of usd AG attended the Middle East and Africa Forum in Cape Town in March and the PCI Community Meetings in Las Vegas and London in September and October of this year. At these meetings, experts of the Payment Card Industry gather to discuss current trends, innovations and best practices of the industry on an international level.
Anna-Magdalena Kohl, PCI Professional and usd Sales Representative, commented: “In terms of content, it was particularly evident that the industry is responding to technological innovations in the field of electronic transactions”.
The PCI Security Standards Council is currently developing new PCI standards for contactless payment methods on user devices, an updated version of the P2PE standard and a new software security framework as a further development of the PA-DSS. The next development stage of the PCI DSS is currently being prepared as well. A draft version has been announced for next year, which is scheduled to be finalized as PCI DSS v4.0 in 2020.
Christopher Kristes, Member of the Management Board and Head of Security Audits & PCI of usd AG, notes a growing trend towards more intensive cooperation: “Collaboration” was a major topic this year. In the future, the Council will focus even more on the community. Within the framework of the PCI PIN, for example, the Council works closely with the standardization organization ASC X9. The PCI SSC Global Executive Assessor Roundtable (GEAR), to which we have been appointed as a member, is another wonderful example of this. With the GEAR, the PCI SSC took a step to promote direct communication and exchange with the assessor community. We were delighted to share our experiences with this important group for the first time in September this year”.