A leading UK payments and cyber security company has been selected for the second year running by the PCI Security Standards Council (PCI SSC) to shape the payments industry in Brazil.
Wiltshire based Foregenix, which opened its São Paulo office in early 2018, is one of 20 companies to be selected by the PCI SSC Brazil Regional Engagement Board.
The board, introduced as a pilot initiative in 2018, brings together some of Brazil’s leading companies from all sectors in the payments space – including vendors, merchants, processors, banks and industry associations. PayPal and Worldpay are amongst the new international board members to join this year.
In 2019, board members will continue to represent the perspectives of PCI SSC Participating Organizations and the payment card industry in Brazil, providing feedback and guidance to the PCI SSC on standards and programs development and adoption in the region. The group will meet regularly throughout the year to discuss payment data security issues, trends and market changes in the region.
Key priorities will include working with the PCI SSC to develop content and resources for the Brazilian payment card industry; encouraging increased involvement from Brazilian companies in the PCI SSC as Participating Organizations; fostering greater payment security awareness and understanding through PCI Training; and shaping the agenda for the 2019 PCI Latin America Forum, taking place in São Paulo on 15 August 2019.
‘The Brazil Regional Engagement Board is an important way for us to engage and learn from the industry leaders in the region. The REB provides insights into the needs and challenges in the region and collaboration on solutions to foster adoption of PCI Security Standards and improve payment security,’ said PCI SSC Executive Director Lance J. Johnson. ‘We are excited to be able to continue this effort in 2019 with a newly expanded board that will provide more broad representation of payment card industry stakeholders in Brazil.’
Guilherme Scheibe, Managing Consultant, Foregenix Latam comments: ‘It’s a real honour to be selected once again to help contribute to the development of payments security in Brazil. We’re looking forward to collaborating with so many distinguished members, offering our recent experience in payments security in Brazil and across the globe, to help Brazilian companies trade more securely.’
‘With cybercrime on the rise in Brazil, it is an important time for the industry here to be even more engaged in the work we are doing at the PCI Security Standards Council to help businesses detect, mitigate and prevent cyber attacks and breaches,’ said PCI SSC Associate Regional Director for Brazil Carlos Caetano. ‘We are especially pleased to be adding more companies to the board. Their knowledgeable members will bring different perspectives to thetable that will benefit payment security in Brazil and globally.’