MatchMove Receives ‘Bank Grade’ Security Certification Singapore, 1 April 2014
– Leading online entertainment company, MatchMove today announced it received PCI-DSS 2.0 certification for its Mobile-first E-wallet, the Matchmove Wallet.
The PCI-DSS standard is an information security standard that governs how organizations that handle payment cardholder information should protect that data. The wide-ranging standard includes criteria on how to create and secure the network, data storage and security policies. PCI-DSS 2.0 governs the entire MatchMove Wallet application, infrastructure, services as well as its top up options such as Internet, ATM and Mobile banking.
“MatchMove is committed in providing the highest level of security to customers of our newest product, the MatchMove Wallet. This minimizes the likelihood of data compromise and criminal cyber attacks. Our teams worked hard on this certification so that users will feel safe that the virtual cards they use in the MatchMove wallet are secure”, stated Mr. HH Leow, COO of MatchMove.
Paladion Networks a leading provider of information risk management in the region, successfully guided Matchmove to achieve PCI-DSS certification.
“MatchMove has established itself as a disruptive innovator in games, virtual economy and social networking. Implementation of the Payment Card Industry (PCI) standards for an organization of this stature required clarity of thought and approach from this young and very dynamic organization. We are glad to have partnered with MatchMove in assisting them in its endeavor to make their customer transactions secure”, stated Mr. Firosh Ummer, COO, Middle East Operations for Paladion Networks
The unique structure of the MatchMove Wallet addresses a major concern for online shopping, namely, security. By virtue of being a pre-paid e-wallet system that utilises existing security features such as one-time pin authentication found only on credit cards, the MatchMove Wallet essentially protects users from unauthorized usage or from overspending. It also ensures that the user’s source of funds (credit card, bank account, etc) is kept confidential and never revealed to third party online merchants.
Additionally, the MatchMove Wallet is created mobile-first to provide the best user experience on mobile devices. The exponential growth of mobile usage and mobile data penetration meant that a first-rate mobile experience was essential to capturing users in the emerging markets such as Vietnam, India, Thailand and Indonesia.
For more information, please visit http://www.mmvpay.com
For queries, please contact:
MatchMove Global Pte Ltd
Online Marketing Strategist
Senior Vice President – Business & Operations
About MatchMove (http://www.www.matchmove.com/corporate/)
MatchMove helps online businesses better engage and monetise their users through online and mobile social entertainment. In the process, companies that use the MatchMove solution are able to increase revenue and loyalty through the strategic use of its sophisticated games and apps, social networking and site gamification platform. Major corporations worldwide use the customisable, cloud-based MatchMove solution to rapidly establish their own branded games and apps catalogue with full-featured social networking, multiple monetisation and e-commerce options, and with the ability to collect mobile payments anywhere in the world. Headquartered in Singapore with offices across Asia and the US, MatchMove is the exclusive games, social networking and gamification solution provider for many leading globally recognised online brands, telcos and mobile operators, media companies and entertainment providers that together have a combined base of more than 250 million users.
About Paladion Networks
Paladion is a specialized partner for information risk management to leading organizations across industries in Asia, US and EMEA. Paladion is rated as the largest ‘pure-play’ IT security provider in Asia and is also the only Gartner rated managed security provider in Middle East. For over a decade, Paladion has been actively managing information risks for over 700 customers. Paladion provides complete spectrum of information risk management comprising of security assurance, compliance, governance, monitoring, security analytics and security management services to large and medium sized organizations. Paladion’s offerings have been recognized and awarded by Gartner, Asian Banker, and Red Herring amongst others. Paladion is also actively involved in several information risk management research forums and has authored many books on the same.