New National Data Breach Notification Draft Bill Introduced

U.S. Senators are again looking at crafting a law that creates a national standard for reporting data breaches. Referred to as the Data Security and Breach Notification Act of 2012 (S.3333), the draft bill would require businesses and government agencies to “take reasonable measures to protect and secure data in electronic form containing personal information.” The Federal Trade Commission would enforce the legislation, and fines for violating the law could reach up to $500,000 per incident.

There are currently 40 different state laws in place. This bill would override any existing state data breach legislation. Implementing a single law could simplify compliance and make for a more consistent notification process in the event of a breach.

TrustCommerce Advances Payment Solutions

What’s New at TrustCommerce? A Lot!

It is midway through what is shaping up to be another big year for Trust. As always, we are focused on advancing our TC SMART Products, specifically in the area of E2E/P2P encryption and tokenization. It’s fun to pioneer new innovative offerings, better to improve upon those innovations, and even more rewarding to offer the best in the industry.

You already know we’ve completed our migration to the new TC Vault! Throughout this transition, we’ve implemented many functional improvements. This new interface provides a foundation for rapid customization and enhancement. Built and designed from a customer-centric perspective, it maintains this core value from login to log-out. From the outpouring of positive responses we’ve received, we are thrilled our merchants love the new TC Vault as much as we do.

Charitable Giving Goes Mobile with PayWithIt

PayWithIt is the TrustCommerce secure mobile payment solution that works with mobile digital devices in conjunction with your TrustCommerce payment gateway account. Businesses, both large and small, can securely and wirelessly capture payments via manual entry or an optional encrypted card swipe without incurring additional mobile transaction fees.
PayWithIt is a natural fit for a variety of environments, most notably, the non-profit sector. Charitable giving is often in response to an immediate need, such as a natural disaster or other crisis. Accepting payments with a mobile device, gives charities the flexibility to respond quickly to help those in need.

TSYS Merchant Solutions Selects TrustCommerce as a Valued Payment Processing Partner

Secure Payment Solutions Reduce Business’ PCI Scope

IRVINE, Calif. and COLUMBUS, Ga., June 5, 2012 — TrustCommerce, provider of comprehensive payment processing and risk management solutions, welcomes new reseller partner, TSYS Merchant Solutions. TrustCommerce and TSYS Merchant Solutions have partnered to provide TSYS customers with more options for secure transaction processing.

TSYS Merchant Solutions is a top 10 payment processor with over 55 years experience in the payment acceptance industry. From card terminals to healthcare payment processing, TSYS products provide outstanding payment solutions for businesses. TSYS Merchant Solutions was also ranked as the 10th largest merchant acquirer in the U.S. by dollar volume in 2011 by The Nilson Report.