Slide 1: Visa Third Party Risk Program Webinar
Visa Third Party Risk Program Webinar March 29, 2017 Helen Resalvo, Program Manager, Third Party & Processor Risk Rachel Chen, Risk Management Analyst, Third Party & Processor Risk Visa Public
Slide 2: Disclaimer
Disclaimer The information or recommendations contained herein are provided "AS IS" and intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. When implementing any new strategy or practice, you should cons
Slide 3: Agenda
Agenda • Third Party Risk Initiatives and Visa Europe Integration • Unregistered Agent Campaign • Visa Tool and Resource Enhancements • Resources • Questions and Answers 3 | Visa Third Party Risk Program Webinar | 29 March 2017 Visa Public
Slide 4: Third Party Risk Initiatives
Third Party Risk Initiatives 4 | Visa Third Party Risk Program Webinar | 29 March 2017 Visa Public
Slide 5: What is a Third Party Agent?
What is a Third Party Agent? Third party agent =an entity that provides payment-related services to a Visa client, merchant, or another third party • VisaNet Processors • Card Vendors • Trusted Service Acquirers Managers Issuers • Terminal Vendors • Independent Sales Organizations (ISOs) • Encryptio
Slide 6: New players and technologies are transforming the payment landscape
New players and technologies are transforming the payment landscape Note: All brand names and logos are the property of their respective owners, are used for identification purposes only, and do not imply product endorsement or affiliation with Visa. 6 | Visa Third Party Risk Program Webinar | 29 Ma
Slide 7: As the payment landscape evolves, maintaining consumer trust is key
As the payment landscape evolves, maintaining consumer trust is key Emerging technology such as mobile, social media, introduce new threats Criminals are evolving quicker than detection and response Consumers and regulators’ concerns about online security and privacy are rising Effect of a data brea
Slide 8: Choosing the Right Partner Elevates Security
Choosing the Right Partner Elevates Security Service Acquirers / Providers Issuers Qualified Integrators / VisaNet Resellers Processors Merchants 8 | Visa Third Party Risk Program Webinar | 29 March 2017 Visa Public
Slide 9: Elevating Focus on Third Party Visibility
Elevating Focus on Third Party Visibility Scale adoption of secure technologies and security standards in the ecosystem by leveraging trusted service providers on the Visa Global Registry of Service Providers (www.visa.com/onthelist) 1. Move merchants from non-compliant to trusted service providers
Slide 10: Unregistered Agent Campaign
Unregistered Agent Campaign 10 | Visa Third Party Risk Program Webinar | 29 March 2017 Visa Public
Slide 11: Agent Registration Drive Current Status
Agent Registration Drive Current Status 900 Agent Identifications as of March 13, 2017 AP CEMEA LAC NA EU 8% 2% 1% 64% 25% Registered Agent Types Size of Agents Identified Merchant Servicer – 81% 45% Level 1 Payment Facilitator – 14% 55% Level 2 Third Party Servicer – 4% Independent Sales Org – 1% S
Slide 12: Tool and Resource Enhancements
Tool and Resource Enhancements 12 | Visa Third Party Risk Program Webinar | 29 March 2017 Visa Public
Slide 13: Visa Global Registry of Service Providers Enhancements
Visa Global Registry of Service Providers Enhancements www.visa.com/onthelist 1. Display service provider brand logo and tagline 2. Distinguish service providers who support secure technologies 13 | Visa Third Party Risk Program Webinar | 29 March 2017 Visa Public
Slide 14: Visa Global Registry of Service Providers Enhancements
Visa Global Registry of Service Providers Enhancements www.visa.com/onthelist 3. Enhanced search functionality 4. Capability to showcase service providers 14 | Visa Third Party Risk Program Webinar | 29 March 2017 Visa Public
Slide 15: Agent Registration Tool Enhancements
Agent Registration Tool Enhancements Agent registration tool (Program Request Management) enhancements based on feedback Improve workflow process and performance of existing registration tool Adding new reporting features and functionality Improve workflow process and performance of existing registr
Slide 16: 2017 Visa Payment Security Symposium
2017 Visa Payment Security Symposium 16 | Visa Third Party Risk Program Webinar | 29 March 2017 Visa Public
Slide 17: 2017 Visa Payment Security Symposium
2017 Visa Payment Security Symposium 17 | Visa Third Party Risk Program Webinar | 29 March 2017 Visa Public
Slide 18: Upcoming Events & Resources
Upcoming Events & Resources Upcoming Events – Training page on www.visa.com/cisp • Visa Payment Security Symposium – August 22 and 23 • Hyatt Regency SFO Airport in Burlingame, California Visa Data Security Website – www.visa.com/cisp • “What To Do If Compromised” Guide • Security Alerts, Bulletins
Slide 19: Questions?
Questions? 19 | Visa Third Party Risk Program Webinar | 29 March 2017 Visa Public