This episode can also be found on Spotify and Apple Music.
Payments compliance in higher education is a complex issue that – if ignored – can threaten the financial stability of colleges and universities. As payments technology and payment methods evolve, the payments industry regularly updates operational standards and regulations to help protect payers and merchants from security risks and fraud.
The Payment Card Industry Security Standards Council (PCI SSC) which develops and drives adoption of data security standards for card transactions, is in the process of rolling out the Payment Card Industry Data Security Standard (PCI DSS) v 4.0. This new global standard takes effect on March 31, 2024 and includes 53 new requirements that will most likely impact your campus.
In this conversation, Martha Wilson discusses an overview of the new standard and how the updates and changes affect higher education institutions. Additionally, learn best practices to assess your institution’s present security posture and how to achieve success no matter where you are in your PCI compliance journey.
Speaker
Martha Wilson, ISA, Senior Manager, Product Compliance, TouchNet
Additional resources from TouchNet
[eBook] PCI Explained – Read Here
PCI Compliance, what’s that? If you’re just coming into a role that requires you to understand the Payment Card Industry, download the “PCI Explained” eBook for an overview of definitions of key terms, how payments flow, and best practices for achieving compliance on your campus.
[On-Demand Webinar] PCI DSS 4.0 is here. What happens now? – Watch Here
PCI DSS 4.0 is here, but a lot of universities and colleges still have a lot of questions. Is your institution prepared for it? Check out this on-demand webinar from TouchNet for answers to your questions about PCI DSS 4.0!
