Sequent Software Announces PCI-DSS Level 1 ComplianceMay 23rd, 2016
Company achieves a first for mobile wallet service providers
Silicon Valley, CA May 23, 2016 – Sequent Software, Inc., a leader in bringing cards to mobile devices, today announced that Sequent’s Mobile Cards Platform has received the highest level of PCI validation for payment card data security, the Payment Card Industry Data Security Standards (PCI-DSS) Version 3.1 for Service Providers Level 1.
Level 1 certification empowers Sequent to provide trusted services to merchants and banks of all sizes and confirms that Sequent’s technology, internal processes, and secure hosted environments meet the required international standard.
“Security cannot be an afterthought. It must be designed and built into every aspect of today’s mobile ecosystem. Today’s companies demand proof of secure operations for everyone touching their data,” said Lance Johnson Chief Security Officer of Sequent. “PCI-DSS is the global ‘gold’ standard of commercial security certifications. By certifying that Sequent meets this standard, our clients, customers, and partners are assured that our products and services protect their data to the highest standard.”
Banks and other financial institutions continue to outsource next generation technology burdens to trusted partners. Fintech partners, like Sequent, that can provide both next generation technology and operate it under the strictest levels of compliance will have a distinct advantage over its peers.
Sequent Platform brings cards to mobile and makes them useful for consumers. Sequent enables banks, transit agencies, access control providers and any other issuer to securely digitize their credit, debit, transit, loyalty, or ID cards, distributing them to their own application or any others using the Sequent Platform. Sequent’s simple APIs empower the app developer community to bring cards to all apps on mobile, wearable, and other connected de vices enabling consumers to make payments, redeem offers, open doors, and ride transit systems. Sequent Platform includes: Token Service Platform (TSP), Card and Wallet Management Platform, and Trust Authority. For more information, visit www.sequent.com, and follow us on Twitter @sequentsw.