Toronto, Canada – January 16, 2009: Portfolio+ Inc. is pleased to announce that the card program solution, currently offered by Portfolio+ Inc., meets the standards of the Payment Card Industry Security Standards Council and is in compliance as a Payment Card Industry Compliant Service Provider.
“We’ve been working with secure payment card systems since early 1993 but we had never sought formal certification,” said G. Robert Leeming, CEO of Portfolio+ Inc. “This certification provides our partners and prospects with the comfort of knowing that our security has been vetted by a third party.”
The PCI Security Standards Council is an open global forum for the ongoing development, enhancement, storage, dissemination and implementation of security standards for account data protection. The PCI Security Standards Council’s mission is to enhance payment account data security by driving education and awareness of the PCI Security Standards. The organization was founded by American Express, Discover Financial Services, JCB International, MasterCard Worldwide, and Visa, Inc.
Portfolio+ Inc. connects financial institutions with customers and partners using innovative technologies. Its software solutions and open banking technology are used by financial institutions in Canada, Ireland, and the UK. With its powerful +Open Banking Platform and fully documented APIs, Portfolio+ has the power to connect banks, credit unions, and financial institutions with an evolving ecosystem of financial services technology that is putting everyday customers in control of their financial data.
Located in the Greater Toronto Area (GTA), Portfolio+ is used by 6 of the 7 largest financial institutions in Canada and is a part of Volaris Group Inc.