Coalfire and InstaMed white paper validates InstaMed payment solutions for PCI DSS 3.X compliance and new use cases including eCommerce, NFC/EMV and mobile payments
PHILADELPHIA, PA and LOUISVILLE, CO (June 22, 2015) – Coalfire Systems Inc. (Coalfire), a respected Payment Card Industry (PCI) Payment Application – Qualified Security Assessor (PA-QSA) company, has released a white paper with InstaMed, the leading Healthcare Payments Network, confirming how InstaMed solutions reduce PCI scope for healthcare organizations under PCI DSS 3.X. As part of the white paper, Coalfire offers its assessment and validation of the security of InstaMed’s healthcare payment solutions for new use cases, including eCommerce Payments, NFC/EMV point of sale transactions, and mobile payments, such as Apple Pay.
The white paper is available at: http://www.instamed.com/white-paper-payment-card-encryption.
“Our mission is to deliver the knowledge that organizations need in order to meet the highest levels of payment card security,” said Kennet Westby, President of Coalfire. “We conducted technical lab testing and forensic analysis of InstaMed’s healthcare payments solution, including web-based computers and mobile devices, and have validated its security and effectiveness. When properly deployed, InstaMed’s solutions have the most effective data security controls available in healthcare today.”
“Compliance is among our highest priorities at InstaMed,” said Bill Marvin, President and CEO of InstaMed. “Protecting cardholder data is crucial to the success of health plans and healthcare providers. Our payment solutions are independently certified and audited at the highest level for PCI compliance, enabling our customers to reduce the risks associated with handling card data through encrypted card readers and EMV. We are pleased that Coalfire has validated our efforts.”
InstaMed will be attending HFMA ANI in Orlando, FL from June 22-25, 2015 at booth #1250.
Coalfire is a leading, independent information technology Governance, Risk and Compliance (IT GRC) firm that provides IT audit, risk assessment and compliance management solutions. Founded in 2001, Coalfire has offices in Dallas, Denver, Los Angeles, New York, San Francisco, Seattle and Washington, D.C., and completes thousands of projects annually in retail, financial services, healthcare, government and utilities. Coalfire has developed a new generation of cloud-based IT GRC tools under the NavisTM brand that Coalfire clients use to efficiently manage IT controls and keep pace with rapidly changing regulations and best practices. Coalfire’s solutions are adapted to requirements under emerging data privacy legislation, the PCI DSS, GLBA, FFIEC, HIPAA/HITECH, NERC CIP, Sarbanes-Oxley and FISMA. For more information, visit www.coalfire.com.
InstaMed is healthcare’s most trusted payments network, connecting providers, payers and consumers on one platform. The InstaMed Network connects over two-thirds of the market and processes tens of billions of dollars in healthcare payments annually. InstaMed reduces the risks, costs and complexities of working with multiple payment vendors by delivering one platform for all forms of payment in healthcare, designed and developed on one code base and supported by one onshore team of experts in healthcare payments. InstaMed enables providers to collect more money from patients and payers while reducing the cost and time to collect. InstaMed allows payers to cut settlement and disbursement costs with electronic payments and facilitate consumerism for their members. Visit InstaMed on the web at www.instamed.com.
Kennet Westby, Coalfire President