LANS Holdings, Inc. Increases the PCI Payment Security Requirements in Its Payment Platform

Jan 27, 2016, 00:35 ET from Lans Holdings, Inc.

MIAMI, Jan. 27, 2016 /PRNewswire/ -- Lans Holdings, Inc. (LAHO) (the company), is pleased to announce that the company has solidified a relationship with Dara Security, an award-winning security-focused company founded by leaders in the information security industry.  With this relationship, LANS will be able to complete: PCI Level 1 Service Provider Certification, Point-2-Point Encryption validation and PA-DSS (Payment Application) validation for all Paysperity branded solutions.  The addition of the Dara relationship, combined with the 3 other security partners that LANS partnered with, is expected to allow the company to operate with 4x industry standards and added redundancy to be what the company believes is one of the most secure payment platforms available in the industry.

PCI, The Payment Card Industry, launched in 2006 is founded by five global payment brands (American Express, Discover Financial Services, JCB International, MasterCard, and Visa Inc) that is responsible for the development, management, education, and awareness of the PCI Security Standards, including the Data Security Standard (PCI DSS), Payment Application Data Security Standard (PA-DSS), and PIN Transaction Security (PTS) requirements. These requirements are established to protect cardholders (buyers) and merchants (sellers) from financial fraud.  You can learn more about the PCI Security Standards Council on their website: www.pcisecuritystandards.org.

LANS provides a brand-able solution suite called "Paysperity" that can easily fit with any sales campaign.  The solution is solid for merchants and adaptive to their needs. Paysperity is built on NIPS 2.0 compliant point-to-point encryption platform for our partners, allowing them to leverage our robust and secure infrastructure to get industry certifications in a fraction of the time.  To learn more about the Paysperity platform provided by Lans Holdings visit the website www.paysperity.com.

"We are very excited to add the trifecta of services from Dara to the LANS Paysperity platform." Added Trevor Allen, CEO of LANS Holdings, Inc. "this development and partnership is of key importance to our long term strategy and allows us to leap ahead of our competition to provide our partners and merchant businesses solutions that allow them to avoid security compromises and improve sustainability and growth."

Dara Security is an award-winning security-focused company, founded by leaders in the information security industry. With over 30 years of experience, Dara Security's team members have secured the informational assets of clients worldwide.

Dara Security's experience is with financial institutions, retail organizations, e-Commerce sites, payment application software vendors, healthcare groups, and other organizations with assets ranging from $250K to over $300B.  Dara Security engagements involve standards such as PCI DSS, PA-DSS, HIPAA, FERPA, SOX404, ISO 27001/17799, and CTGA (TR-39). Dara's assessors have performed assessments for organizations in the six major world markets of Europe, Middle East, Asia Pacific, Africa, Latin America, Canada, and the US.

Dara Security is widely recognized as an authority on the PCI DSS standard and information security.  Barry Johnson, President and CEO,has worked closely with the Payment Card Industry Council on the evolution of the Payment Card Industry Data Security Standard (PCI DSS) to include guidance for the inclusion of testing requirements for virtualization and cloud environments.  In addition to extensive PCI experience, Mr. Johnson leads a team with over a decade of vulnerability testing, penetration testing, and social engineering assessments.  With significant expertise and experience, Dara Security is a leading information security firm offering services that are in high demand.

Dara Security's team members have the highest certifications in the industry and include:

  • PCI QSA
  • PCI PA-QSA
  • PCI P2PE
  • GIAC GPEN
  • GIAC GXPN
  • GIAC GWAPT
  • CTGA
  • CISSP
  • IACRB

Dara Security is approved by the PCI Council as both a PCI QSA and a PA-QSA. In addition, Dara Security is one of the first firms certified by the PCI Council to conduct P2PE Validations.

More information on Dara Security can be found at the company's website at www.DaraSecurity.com.

About Lans Holdings Inc.
Lans Holdings provides secure payment solutions.  The Company makes it easy for sellers to start selling, and buyers to buy with confidence. The Company solutions are used to enable businesses to process payments more efficiently whether online or in a retail store front. The Company provides white label solutions for payment service providers to enable business to consumer and business to business payments through physical POS, mobile devices, online and software integrations.  Lans Holdings is focused to provide emerging payment solutions that motivate and reward our clients for adopting more secure payment systems in their businesses.

Further information on the Company can be found at www.sec.gov and the company's website at www.LansHoldings.com

For further information, please contact:  Investors@lansholdings.com

Forward Looking Statements

Some information in this document constitutes forward-looking statements or statements which may be deemed or construed to be forward-looking statements, such as the closing of the share exchange agreement. The words "plan", "forecast", "anticipates", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Lans Holdings Inc., herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Lans Holdings Inc., disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.

SOURCE Lans Holdings, Inc.



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