---
title: comforte AG Launches New Payments Industry Data Security Solution
description: comforte AG today announced its Data Security Solution and Practice for the Payments Industry.
image: https://insights.comforte.com/hubfs/Blog%20Header%20Images/logo_header_image.jpg
---

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[Thomas Stoesser](https://insights.comforte.com/author/thomas-stoesser) l May 21, 2019 l [News](https://insights.comforte.com/tag/news)

# comforte AG Launches New Payments Industry Data Security Solution

**Wiesbaden, Germany - 21 May 2019 -** comforte AG today announced its Data Security Solution and Practice for the Payments Industry. The solution is making its debut at [Card Forum 2019](https://www.paymentssource.com/conference/cfe-2019), the annual gathering of card and payment executives from the industry’s leading issuers, networks, retailers and innovators.  Card Forum 2019 is being held this week in New Orleans.

comforte AG has over a decade of history working with payment service providers (PSPs) to achieve compliance with data security regulations, in particular PCI DSS, as well as with more recent legislation such as the EU's General Data Protection Regulation (GDPR) or the upcoming California Consumer Privacy Act (CCPA). The new solution will provide PSPs with enterprise-grade data security that not only fulfills key requirements of existing regulations, but will also help them to prepare for PSD2, which comes into effect in September of this year.

PSD2 and open banking offer PSPs numerous opportunities to generate additional revenue, reduce costs, and increase market value. Mobile applications will open new revenue streams for PSPs, either through subscription fees or commission fees for recommended third party services.

The new regulation also offers new opportunities to monetize data, which is where comforte’s new payments security solution comes into play. Data is extremely valuable for trend analysis and business intelligence, but it can only be distributed in an aggregated and protected form in order to protect individuals’ privacy. Organizations hoping to leverage this new opportunity will have to ensure that sensitive personal information is protected both in house and when being shared with or sold to partners. comforte AG’s data security solution makes this possible by protecting the data throughout its lifecycle.

This new development is part of comforte AG’s strategic growth plan. In recent years, comforte has made great strides in the global data security market. In order to accelerate this growth even further, comforte is building dedicated industry solutions and corresponding best practices. With the expertise of over 25 successful data security implementations at leading organizations in the payments industry, it was a logical step to formalize the approach and to launch a corresponding solution. To support this goal, the company has hired seasoned industry experts, including[the former Chief Software Architect at VISA Inc](https://insights.comforte.com/comforte-hires-payments-and-data-security-expert-glenn-kusik-as-chief-architect-for-enterprise-data-protection?hsLang=en). With a world-class technology and implementation team that continues to expand its talent pool and roll out new and innovative solutions, comforte is well-positioned as a leader in data security for the payments industry.

Learn more about comforte AG’s Data Security Offering for the Payments Industry:   
[https://www.comforte.com/industry-solutions/payments-industry/](https://www.comforte.com/industry-solutions/payments-industry/)

### About comforte

comforte AG is a leading provider of enterprise data security. Today, more than 500 Enterprises worldwide rely on comforte to secure the sensitive data they have been entrusted with. With more than 20 years of experience in data protection and connectivity of truly mission-critical systems, comforte is the perfect partner for organizations who are determined to protect their most valuable asset: data.

### Media Contact:

Thomas Stoesser  
Email: [t.stoesser(at)comforte.com](mailto:t.stoesser@comforte.com)  
Phone: + 49 611 93199 00

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### Germany

comforte AG  
Abraham-Lincoln-Str. 22   
65189 Wiesbaden  
Germany

Phone: + 49 611 93199 00  
Fax: + 49 611 93199 05

### Australia

comforte PTY  
Suite 20, 1 Rivett Road  
North Ryde  
NSW 2113  
Australia

Postal Address:   
PO Box 1710  
Lane Cove  
NSW 1595  
Australia

Phone: +61 2 8197 0272

### USA

comforte Inc.  
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New York, NY 10005-2205  
USA

Phone: +1-646-438-5716

### Singapore

comforte Asia Pte. Ltd.   
1 Raffles Place, #19-61 Tower 2   
Singapore 048616

Phone: +65 6808 5507

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