Credit Risk Analyst – PPL – Allentown, PA
June 4, 2010 by · Leave a Comment
with the corresponding Sarbanes-Oxley controls. They… Manager to maintain updated Sarbanes-Oxley procedures and to complete Sarbanes-Oxley Management testing. 7…
From NACM – 04 Jun 2010 22:01:05 GMT
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Financial Services Officer – Full time – Lockheed Federal Credit Union – Burbank, CA
April 1, 2010 by · Leave a Comment
lending;
Mortgage Loans;
Auto Loans;
Notary License;
Financial Services;
Sarbanes-Oxley;
Personal loans;
Personal Banker (FSO) – Burbank, Ca
SALARY…
From Jobmagic – 01 Apr 2010 21:27:22 GMT – job details – View all Burbank jobs
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Credit Suisse Proves a Willing Lender to Directors
March 29, 2010 by · Leave a Comment
Credit Suisse Proves a Willing Lender to Directors
Directors at Credit Suisse borrowed a bit more money from the Swiss banking giant last year, the bank’s annual report shows.
Read more on New York Times
Bridge Bank Extends $5 Million Credit Facility to TranSwitch(R) Corporation
March 21, 2010 by · Leave a Comment
Bridge Bank Extends $5 Million Credit Facility to TranSwitch(R) Corporation
SAN JOSE, CA–(Marketwire – March 16, 2010) – Bridge Capital Holdings ( NASDAQ : BBNK ), whose subsidiary is Bridge Bank, National Association, a full-service professional business bank headquartered in Silicon Valley, announced today it has closed a new $5 million flexible credit facility with TranSwitch® Corporation.
Read more on Marketwire
Security and Compliance for Credit Card Processing
February 28, 2010 by · Leave a Comment
With news of the breach of security at Heartland Payment Systems fresh on everyone’s mind, issues surrounding the security of credit card processing systems are in the limelight. For merchants who do business with an ever more Internet-savvy customer base, it is not enough to have adequate security measures in place, they must also be able to communicate exactly what steps have been taken to ensure the safety of their customers’ sensitive data.
Visa temporarily delisted Heartland Payment Systems as an approved service provider because it was found that Heartland was out of compliance with the Payment Card Industry Data Security Standard (PCI DSS). Even though Heartland has made corrections to its systems, and has been re-listed by Visa, the fallout from an unknown amount of customers’ compromised data is still being felt. To ensure your customers that you are doing the utmost to keep their financial data out of malicious hands, be prepared to answer questions about those companies that you do business with to handle your credit card processing.
Be sure that the provider that handles your credit card processing is audited annually for compliance with PCI DSS. Also, standard accounting practices should be verified as compliant with the Statement on Auditing Standards No. 70, the federally mandated Sarbanes-Oxley Act, and any other applicable state or federal standards. You would, of course, be shooting yourself in the foot if your online payment gateway did not utilize 128-bit Secure Sockets Layer encryption.
Not all of your customers will be sophisticated enough to know they should look for these things, but you can lose the confidence of dozens of customers if even one person is not satisfied with your ability to communicate this information. To avoid unnecessary, and possibly costly, complications for your business, make sure that these standards are in place with your credit card processing providers, and that you can successfully educate wary customers about these measures.
To find out more about credit card processing , take a moment and visit us at http://www.thetransactiongroup.net


