Synthesis to partner with PCI Security Standards Council to help secure payment data worldwide

— As Council’s Newest Participating Organization Synthesis Software Technologies to Contribute to The Development of PCI Security Standards—

 Johannesburg, South Africa, September 30, 2021 — Synthesis, an innovative software development and consulting company, announced today that it has joined the PCI Security Standards Council (PCI SSC) as a new Participating Organization. Synthesis will work with the PCI SSC to help secure payment data worldwide through the ongoing development and adoption of the PCI Security Standards.

The PCI SSC leads a global, cross-industry effort to increase payment security by providing flexible, industry-driven and effective data security standards and programs. The keystone is the PCI Data Security Standard (PCI DSS), which provides an actionable framework for developing a robust payment card data security process and preventing, detecting and mitigating criminal attacks and breaches.

As a Participating Organization, Synthesis adds its voice to the standards development process and will collaborate with a growing community of more than 800 Participating Organizations to improve payment security worldwide. Synthesis will also have the opportunity to recommend new initiatives for consideration to the PCI Security Standards Council and share cross-sector experiences and best practices at the annual PCI Community Meetings.

“In an era of increasingly sophisticated attacks on systems, PCI Security Standards and resources help organizations secure payment data and prevent, detect and mitigate attacks that can lead to costly data breaches,” said Lance Johnson, Executive Director of the PCI Security Standards Council. “By joining as a Participating Organization, Synthesis demonstrates they are playing an active part in improving payment security globally by helping drive awareness and adoption of PCI Security Standards.”

Pierre Aurel, Head of Payments at Synthesis said: “As a security-focused company that creates safe and inclusive payments, we are excited to partner with PCI SSC on their industry initiatives. For over a decade, we have created state-of-the-art technology to protect card and payment data for financial institutions. We look forward to channeling our payment and cryptography expertise into improving mobile payment standards and promoting security awareness.”

About the PCI Security Standards Council

The PCI Security Standards Council is a global forum that is responsible for the development, management, education, and awareness of the PCI Data Security Standard (PCI DSS) and other standards that increase payment data security. Connect with the PCI Council on LinkedIn. Join the conversation on Twitter @PCISSC. Subscribe to the PCI Perspectives Blog.

About Synthesis

Synthesis is a true South African success story. Synthesis believes that providing innovative solutions based on emerging technologies will help their clients become globally competitive. Synthesis focuses on banking and financial institutions, retail, media and telecommunications sectors in South Africa and other emerging markets.

In 2017 Capital Appreciation Limited, a JSE-listed Fintech company, acquired 100 percent of Synthesis. Following the acquisition, Synthesis remains an independent operating entity within the Capital Appreciation Group providing Cloud, Digital and RegTech services as well as corporate learning solutions through the Synthesis Academy.

Media contacts

Synthesis Software Technologies

Kim Furman

+27 72 236 3572

kim@synthesis.co.za

 

PCI Security Standards Council

Lindsay Goodspeed

781-258-5843

press@pcisecuritystandards.org

 

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