PASADENA, Calif., Jan. 16, 2014 /PRNewswire/ -- Wallaby, the leader in mobile and web-based credit card optimization solutions, today announced its official certification by the Payment Card Industry (PCI) Security Standards Council, making Wallaby the first and only credit card optimization solution to receive PCI certification. The certification reflects Wallaby's full compliance with PCI standards for the security of cardholder data. The report commended Wallaby for its effective implementation of information security policies and processes.
The extensive set of standards advanced by the Payment Card Industry (PCI) Security Standards Council requires merchants and service providers to implement and maintain systems that prevent credit card fraud. These standards include security management, policies and procedures, physical security, network architecture, user access management, network and systems monitoring, and software development.
Full PCI compliance represents a significant benchmark as Wallaby extends its business partnerships and market leadership within the financial services industry and other related markets such as travel.
"Our customers and business partners come to us because they believe in our data and how we deliver it. A key component of this is security and compliance," said Wallaby Founder and CEO Matthew Goldman. "Gaining PCI compliance is a validation of how seriously we take crucial security policies and processes. Our team has been painstaking in building systems that are robust and compliant on all levels."
Wallaby's solutions include the Wallaby App (available at www.walla.by/mobile or through the iTunes or Google Play store), and Wallet Boost, a wallet optimization solution (available at https://www.walla.by/boost). Wallaby is also developing a single card to replace all of your cards with one, the Wallaby Card. Users can join the beta wait list for the Wallaby Card at https://www.walla.by
Wallaby's unique solutions, including its iPhone and Android Apps and Wallet Boost, ensure that a consumer maximizes the rewards and cash back available from each purchase they make on their credit cards. This is achieved automatically using Wallaby's proprietary real-time algorithms. In addition to gaining the most travel or cash back rewards from their cards, consumers can also set credit card preferences, and designate the percentage of spending that should go to individual cards. Wallaby also makes it easier for consumers to take advantage of marketing offers from merchants & banks to optimize their spending even further. For more information, please visit http://www.walla.by, https://www.facebook.com/wallabyfinancial, http://twitter.com/wallabycard, and http://youtube.com/wallabyfinancial