GAITHERSBURG, MD — June 27, 2012 — GXS, a leading provider of B2B integration services, today announced that it has received Payment Card Industry (PCI) Data Security Standard (DSS) 2.0 Attestation of Compliance for its PCI Gateway Cloud Tokenisation service. To receive PCI DSS 2.0 compliance, GXS policies, procedures and technical systems were reviewed by a third-party auditor, AT&T. The security assessment included on-site validation of network security, cardholder data protection, vulnerability management, access control measures, network monitoring and information security policies.
“Achieving PCI compliance was a high priority for us. Use of card-based payments for Business-to-Business (B2B) transactions has increased significantly in recent years,” said Patricia Hines, director of financial services industry marketing at GXS, “But, the growth can only continue if B2B networks can support the highest industry standards to protect cardholder data.”
The GXS Cloud Tokenisation Solution accepts transactions and replaces personally identifiable information, such as card numbers, with a secure “token,” a randomised string of unidentifiable characters. The transaction with the token is then sent to be processed. One of GXS’s premier Cloud Tokenisation customers is Infor, the world’s third largest supplier of enterprise applications and services. Using GXS, Infor is able to offer a safe, reliable way of handling confidential data and ensure PCI compliance for its customers.
The PCI Security Standards Council released PCI DSS version 2.0 to provide greater clarity and flexibility and facilitate an improved understanding of the requirements and eased implementation for merchants. The PCI DSS 2.0 standard comprises a minimum set of requirements for protecting cardholder data. The standard applies to all entities involved in payment card processing – including merchants, processors, acquirers, issuers, and service providers, as well as all other entities that store, process or transmit cardholder data.
GXS is a leading B2B integration services provider and operates the world’s largest integration cloud, GXS Trading Grid®. Our software and services help more than 400,000 businesses, including 72 percent of the Fortune 500 and 22 of the top 25 supply chains, extend their partner networks, automate receiving processes, manage electronic payments, and improve supply chain visibility. GXS Managed Services, our unique approach to improving B2B integration operations, combines GXS Trading Grid® with our process orchestration services and global team to manage a company’s multi-enterprise processes. Based in Gaithersburg, Maryland, GXS has direct operations in 20 countries, employing more than 2,400 professionals. To learn more, see www.gxs.co.uk, read our blog at www.gxsblogs.com, follow us on Twitter at twitter.com/gxs and join us on LinkedIn at www.linkedin.com/company/gxs. You can also access our public filings with the Securities and Exchange Commission at www.sec.gov/edgar.shtml.
This press release may contain “forward-looking statements.” All statements, other than statements of historical facts that address activities, events or developments that the company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements are affected by risks, uncertainties and assumptions, including but not limited to those set forth in the company’s public filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Accordingly, actual results or outcomes may differ materially from those expressed in the forward-looking statements. You should not place undue reliance on these statements and the company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances that may arise.
All products and services mentioned are trademarks of their respective companies.
EMEA PR & Marketing Manager, GXS
Tel: +44 (0) 1932 776358 / +44 (0) 7887 825 515