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i2c Releases “Best Practices in Payment Security” White Paper

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REDWOOD CITY, Calif. – June 24, 2013 – i2c inc., a Silicon Valley-based provider of cloud payment processing and emerging commerce solutions, announced today the availability of their white paper “Best Practices in Payment Security”, the content of which will be shared this week at i2c’s booth at NBPCA’s Power of Prepaid event in Washington DC and is available for download. The white paper is based on the extensive experience of i2c in successfully developing, implementing, and maintaining a secure payment processing platform and infrastructure. The paper outlines the essential best practices that should be followed to protect sensitive data and guard against unauthorized system access.

When it comes to the security of consumers’ financial and personal information, the payment industry cannot afford to be complacent. As recently reported, industry security breaches have shown one security failure can result in a significant fraud loss and damage to the trust consumers have in financial products and services. The white paper is designed to assist readers in assessing payment risk exposure by helping ask the right questions of their processors.

“For over a decade now, i2c has always taken a proactive approach and maintained an ongoing focus on security”, said Terry Ryan, i2c Sr. Director Information Security. “We have continually made tremendous investments in infrastructure design, technology, processes, and people to secure our systems and to operate them in accordance with the highest standards. I’m pleased that we are sharing this knowledge of best practices with the industry as a whole. Security of consumer data and financial transactions has always been our #1 job and must be for the entire payments industry as well.”

About i2c Inc.

i2c is a global provider of highly-configurable banking and payment solutions. Using i2c's proprietary building block technology, clients can easily create and manage a comprehensive set of solutions for credit, debit, prepaid, lending and more, quickly and cost-effectively. i2c delivers unparalleled flexibility, agility, security and reliability from a single, global SaaS platform. Founded in 2001, and headquartered in Silicon Valley, i2c's next-generation technology supports millions of users in more than 200 countries/ territories and across all time zones.

For more information, visit i2cinc.com and follow us at @i2cinc.

Media Inquiries:

Chuck Meyers
Director, Analyst and Public Relations, i2c media@i2cinc.com