Dynamic currency service providers offer technology that enables and supports acquirers and their merchants to deliver currency conversion in both card-present and card-not-present environments—including ATMs, bricks-and-mortar locations and ecommerce sites. Monex Financial Services LTD, a major dynamic currency provider, was sourcing assistance to guard against an array of cybersecurity attacks, including ransomware and phishing attempts, as part of its ongoing effort to maintain PCI DSS compliance.
This case study provides:
- An overview of the PCI compliance challenges Monex Financial Services faced in handling a high volume of card transactions annually on behalf of acquirer and merchant clients.
- Insight into industry threats that continue to evolve, along with the possible reasons behind a spike in ecommerce fraud.
- Details on how the relationship with SecureTrust helps Monex remain compliant. Today, SecureTrust serves as Monex’s QSA and maintains the company’s sterling record of integrating secure payments in a global environment.