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Infor Selects GXS's Cloud-Based Tokenization Service to Reduce Cost and Protect Their Brand(January 05, 2012)
GAITHERSBURG, MD -- (Marketwire) -- 01/05/12 -- GXS today announced that Infor, a leading provider of business application software serving more than 70,000 customers, is integrating GXS's cloud-based Tokenization Service into their Infor10 Expense Management SaaS solution. The GXS Tokenization service will enable the secure exchange of credit card information and comply with Payment Credit Card Industry's Data Security Standard (PCI DSS).
"Providing secure credit card information is critical," said Jim Plourde, vice president of SaaS Systems, Infor. "By combining with GXS's tokenization Service, Infor is able to offer customers a safe, reliable way of handling confidential data."
"The Infor partnership is another great proof-point for cloud-to-cloud integration," said Andrea Brody, vice president, business development, GXS. "We're excited to be able to partner with Infor to safely protect consumer data."
The GXS Tokenization Services accepts transactions from credit card issuers and replaces information such as the card number and expiration date with a secure "token" (a random string of characters) before sending the data to Infor.
Infor10 Expense Management SaaS is a software-as-a-service that helps companies manage the costs and compliance in employee spending, with modules for expense reports, payment requests, travel plans and time sheets. Like many companies who handle credit card data, Infor was concerned about providing a secure, reliable service and ensuring their brand's reputation in the market. By integrating with GXS's cloud-based service, Infor can provide a PCI-compliant service while reducing the need for complex changes to their internal systems and minimizing the scope of PCI compliance audits.
In 2006, credit card organizations created the Payment Card Industry Data Security Standard (PCI DSS) to combat the security threats of hackers and protect cardholder data, ensuring that companies process, store and transmit cardholder data in a secure environment. But creating the systems and processes to establish and maintain PCI compliant services can be substantial for companies processing high volumes of card transactions.
As part of the partnership, Infor joins the GXS GridConnect program, which enables software vendors and cloud service providers to embed the GXS Trading Grid into their offerings, pre-connecting to 400,000 trading partners.
To learn more:
GXS provides B2B integration services to global brands and operates the world's largest integration cloud, GXS Trading Grid®. Our software and services help more than 400,000 companies, including 75 percent of the Fortune 500 and 23 of the top 25 supply chains, extend their partner networks, automate supply chain processes and manage electronic payments. GXS Managed Services, our outsourcing service, combines the GXS Trading Grid with process orchestration services and global teams to manage a company's multi-enterprise processes. Based in Gaithersburg, Maryland, GXS has direct operations in 20 countries, employing more than 2,300 professionals. To learn more, see www.gxs.com, read our blog at www.gxsblogs.com, follow us on Twitter at www.twitter.com/gxs and join us on LinkedIn at www.linkedin.com/company/gxs.
Infor is a leading provider of business software and services, helping more than 70,000 customers in 164 countries improve operations and drive growth. To learn more about Infor, please visit www.infor.com.
All products and services mentioned are trademarks of their respective companies.
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