News

PCI Council hires general manager

February 11, 2007

Digital Transactions: Despite concerns over the recent hack at retailer TJX Companies Inc. as well as other data breaches, the Payment Card Industry Council says it is optimistic that card networks, merchants and financial institutions are on the road to more secure payments. To that end, the council is about to get its first full-time general manager who will lead a staff of seven, excluding about 70 others who work for individual networks but devote some of their time to the council. A candidate this week accepted the council's offer, the council says.