How does PAM ensure compliance with the Fair Credit Reporting Act (FCRA) for handling financial data securely?
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The Payment Application Data Security Standard (PA-DSS) is a set of requirements designed to ensure that payment applications support compliance with the Payment Card Industry Data Security Standard (PCI DSS). PA-DSS is intended for software vendors and others who develop payment applications that store, process, or transmit cardholder data as part of authorization or settlement, where these applications are sold, distributed, or licensed to others. By complying with PA-DSS, a payment application can help support an entity’s overall PCI DSS compliance efforts.