Equiant, a Scottsdale, Ariz.-based account receivables servicing provider, has again received the Payment Card Industry Security Standards Council’s highest level of certification: PCI Certification Level 1. “Our clients know Equiant takes data security very seriously,” said Peter Moody, vice president of business development. “The PCI Level 1 certification provides them with yet another reassurance that Equiant can accept, process, store and transmit credit card information on their behalf in a secure environment.”
Equiant has maintained its PCI Level 1 Certification since it first applied in 2011 and remains the only loan servicing company serving vacation ownership developers to receive the coveted certification. The most recent Verizon PCI Compliance Report revealed that just 28.6 percent of companies are PCI Level 1 compliant and more than 80 percent fail interim compliance assessments.
“We have taken every measure practical to protect the integrity of our clients’ consumer data,” Moody added. “In today’s environment, when headlines constantly report data breaches, companies need to ensure that not only their own operations are protected, but also those of any vendors they share information with.”
Equiant is a member of the prestigious Visa Global Registry of Service Providers (www.visa.com/splisting), demonstrating its commitment to strict security standards and full compliance with PCI regulations. Visa recommends, “Clients and merchants should reference the site regularly as part of their due-diligence process and should only use service providers that are listed on the Registry for outsourcing their payment-related services.”
The certification reflects Equiant’s commitment to industry leading technology, service and security for its clients. All customer data is housed at a Tier IV Gold data center, considered the most secure facility in the United States. Equiant can facilitate electronic processing of documents and loan servicing, as well as digital document custody. Additionally, Equiant’s new Platform as a Service (PaaS) model allows clients to service their accounts in-house using the industry’s most advanced technology. To learn more about Equiant’s industry-leading technology, service and security, call Moody at (480) 636-4888.
Equiant is one of the leading timeshare servicers in the United States with a serviced portfolio that exceeds $1 billion and includes more than 125,000 individual consumer loans. Over the past 28 years, Equiant has serviced more than 1.5 million loans and 1.25 million maintenance fees accounts. Its array of products includes receivables and maintenance fee servicing, invoicing and payment processing, point of sale merchant processing, delinquency control, on-site transitional staffing, document custody, trustee services, and analytic reporting. To learn more about Equiant’s industry-leading security and receivables servicing, call Moody at (480) 636-4888 or visit www.equiant.com.