3PEA Technologies to Sponsor EFT Network TG-3 Training Seminar
Seminar to Raise Awareness of Security Issues in the Debit/POS Transaction
LAS VEGAS, May 4 /PRNewswire-FirstCall/ -- 3PEA International, Inc. (OTC: TPNL), a payment solutions company, announced today that its subsidiary company 3PEA Technologies is to sponsor EFT Network TG-3 training seminar. 3PEA is pleased to sponsor and endorse eSmartSolutions PIN Security and Key Management Compliance (TG-3) Audit Training seminar consisting of a core course on May 7-9, and a refresher course on May 10. Azita Amini, Senior Data Security Consultant, CISSP, and Sr. IT Auditor, will be the instructor for both the core and refresher course. "Ongoing security training on the latest standards is paramount to the financial industry and as such this seminar provides all parties with the most up to date information and education within our industry," said Mark Newcomer, CEO of 3PEA. Technical Guideline #3, or TG-3, is a technical audit that is developed by American National Standards Institute (ANSI) committee. This audit is developed to provide for a minimum level of security to be in place within a financial services institution or processor's operation with regards to management and handling of customers' PINs as well as handling of cryptographic data used to protect the PINs. This audit is critical to all parties involved in ATM or POS retail transactions. The TG-3 audit criteria was developed by American National Standards Institute by a team of auditors and data security professionals to help provide the industry with an acceptable level of security in financial institutions and among their service providers. This audit is now mandatory on a bi-annual basis by all major Electronic Fund Transfer (EFT) switches such as Star, Pulse and NYCE of their members. About eSmartSolutions: eSmartSolutions (eSS) performs a variety of Information Technology (IT) audits for financial services industry. eSS clients include Banks, Credit Unions, Point of Sale operations (Merchants), Encryption Service organizations (ESOs), Independent Service Organizations (ISOs), Key Loading/Injection Facilities, Credit Card services, Processors and so on. eSS provides TG-3 audit of debit POS transactions for Merchants per requirements by Star, NYCE and Pulse EFT networks, as well as the TG-3 audit of ATM operations in banks and credit unions, per requirements by Star, Pulse and NYCE EFT networks of all their members. eSS also provides Payment Card Industry (PCI) PIN Security audit of debit transactions for Merchants, eCommerce vendors and processors per Visa and MasterCard requirements. For additional information please see www.eSmartSolutions.org About 3PEA International, Inc. 3PEA International, Inc. is an experienced and trusted transaction-based solutions provider. 3PEA through its wholly owned subsidiary 3PEA Technologies, Inc., designs and develops payment solutions including proprietary payment terminals, secure key loading systems, prepaid card systems, and various payment services. Since 2001, 3PEA has provided online payment solutions with specific focus in the area of PIN-Debit transactions. The company now provides turnkey and customized payment services to retailers, software developers and financial services companies. Using its PayPad payment terminals and IP payment gateway solutions, 3PEA can quickly and cost effectively help customers in various markets to payment enable their applications. 3PEA works closely with its customers providing qualified payment expertise to produce a payment processing solution that best suits their needs. PINsmart(R), PaySign(TM), 3PEA(R) and PayPad(R) are registered trademarks or trademarks of 3PEA Technologies, Inc. in the United States and/or other countries. For additional information please contact the company or visit www.3PEA.com . Forward-Looking Statements: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward- looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. 3PEA International, Inc., undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise. CONTACT: Mark Newcomer, firstname.lastname@example.org, +1-702-453-2221, Ext. 222, for 3PEA International, Inc. Web site: http://www.3pea.com/
SOURCE 3PEA International, Inc.
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