Published:
Aria Systems Achieves Highest Level Security Standard for Online Billing Transactions
Leading Provider of On-Demand Subscription Billing Joins Select List of Level One PCI Compliant Companies; Customers Provided Highest Level of Protection From Fraudulent Activity and Financial Penalties

Aria Systems Inc., the leading provider of
on-demand billing and customer lifecycle management, today announced that
it has been approved by the Payment Card Industry (PCI) Security Standards
Council as Level One PCI Compliant. This level of security certification is
extremely rare in the Software-as-a Service (SaaS) space, and the
achievement of the highest level of PCI Compliance certifies that Aria
Systems provides its customers with an on-demand platform to manage SaaS
billing transactions that adheres to the credit card industry's most
stringent security measures. Aria Systems now joins a select group of PCI
Level One Compliant companies that includes Intuit, Oracle, Google,
NetSuite, and Microsoft.
Through the company's attainment of PCI Level One status, Aria Systems'
clients are assured that their end-to-end processes (and each component
individually) are fully compliant, continuously. As such, unlike many
companies that claim to offer PCI Compliance to their clients, Aria Systems
provides its clients the peace of mind that comes with the assurance of the
highest level of customer transaction data safety and security, in
functions such as:
-- Registration
-- User Self-Service (USS)
-- Customer Relationship Management (CRM) tools
-- Application Programming Interfaces (APIs)
Aria Systems' A+ Billing Platform is the first and only enterprise-class
billing platform offered in a highly flexible Software-as-a Service based
environment. Over the past six months, Aria Systems has rigorously updated
its security standards while implementing new policies and procedures
necessary for obtaining Level One PCI Compliance of its billing procedures.
These new security measures will protect Aria Systems' customers against
lost transactions and financial penalties generated from fraudulent
activity or technical malfunctions such as:
-- Credit Card Fraud
-- Identity theft
-- Breached & Insecure Networks
-- Internet Viruses
In the billing space, Aria Systems is uniquely committed to comprehensive
customer lifecycle management. A dimension of Aria's focus is the execution
of contextual, appropriate-point-in-the-process communications and alerts
with clients' customers, preemptively launched before any billing problems
arise. Because being PCI Compliant allows Aria Systems to securely store
customer data, customers benefit through a unique waterfront of related
value-adds that translate into direct cost savings, increased marketing,
flexibility enabling revenue growth, and increased customer and revenue
retention.
PCI mandates that all billing companies' processes, not just
infrastructure, must be Level One PCI Compliant. Merchants that do not
comply with the PCI Data Security Standard (DSS) face monthly fines for
noncompliance -- ranging from US$5,000 to $25,000. Beyond monetary fines,
there are far greater costs associated with noncompliance such as lost
reputation, damaged customer trust and loyalty, financial losses, lost
business, lawsuits and other results of a breach.
"Relative to PCI Compliance, there are layers of danger facing companies
that handle customer financial and personal data. Many companies have a
false sense of security, not realizing that when they work with a provider
that is PCI Compliant, yet still commit behaviors like storing customer
credit card information in their CRM tool, they are putting themselves and
their customers at risk," said Ed Sullivan, CEO of Aria Systems. He added,
"Even more alarming is that many companies don't understand at all the
gravity and potentially catastrophic consequences of working with a non-PCI
Compliant billing provider, or one with only a single component of its
processes compliant."
Sullivan notes, "Aria Systems is the only SaaS billing provider truly
dedicated to the safety and security of our customers' transactions. And
we have the certification to prove it."
To maintain Level One Compliance, Aria Systems must adhere to annual third
party audits and integrate regular upgrades into their security systems.
To manage these audits, Aria Systems has partnered with Trustwave, a
leading provider of on-demand data security and payment card industry
compliance management solutions, to oversee penetration tests, manage code
reviews and inspect firewalls.
"While we have always trusted Aria's commitment to the security of our data
and billing transactions, their decision to spend the time and money
associated with becoming Level One PCI Compliant adds even greater
assurance and validity in their services," said John Miller, Managing
Director and Principal of Decision Intelligence. "With so many threats
posed to Internet transactions, it's important for any company that manages
its billing with a third party vendor to insist that the company be Level
One PCI Compliant."
The PCI Security Standards Council cannot prevent companies from claiming
PCI Compliance (in fact many do), but only those that are named in the PCI
Data Security Standard (PCI DSS) annual report are truly compliant.
Companies that are unsure of whether or not their billing provider is PCI
Level 1 compliant are urged to check the list of those companies that are
certified as such, at
http://usa.visa.com/merchants/risk_management/cisp_service_providers.html.
About Aria Systems
Aria Systems is the leading provider of subscription billing solutions and
offers the only "monetization platform" encompassing the full spectrum of
Billing and Customer Lifecycle Management services. The A+ Billing Platform
offers clients the on-demand billing industry's most flexible tool for
accelerating revenue capture, optimizing cash flow, and enabling actionable
market intelligence while significantly reducing operating costs throughout
each phase of the customer lifecycle. Acknowledged as the SaaS billing
leader in terms of experience and execution, Aria manages and maintains
more than 1 million accounts and has processed more than 1 billion
transactions since it began operations in 2003. With Hummer Winblad Venture
Partners, Venrock, and software billing icon Dave Labuda as investors, the
company is based in Media, Pa. (metropolitan Philadelphia), and has offices
in the San Francisco bay area as well. For more information, visit
www.ariasystems.com.
Copyright © 2009, MarketWire
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Copyright © 2009, NewsBlaze,
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Tags: ,Computers and Software:Internet, ComputersandSoftware:Networking, ComputersandSoftware:Software, FinancialServices:RetailBanking, ProfessionalServices:Accounting,AuditandTax, ProfessionalServices:Purchasing, Retail:E-Commerce, Telecom:Networking, Telecom:Wireless, ,PA,MEDIA, PA
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