Passport Technology recognises money launderers use deceit or theft to capture the processes of financial entities for illicit purposes. As a result, the CashValet™ solution provides AML centric internal control designs that increase the chances of preventing or detecting such activities. Our AML compliance program is focused on mitigating risks discovered through real time bankcard activity, behavioral assessments and historical data analytics. Custom and standard generated reports / alerts are available to support our customers in developing best in class AML procedures.
The security of cardholder data affects everybody. The breach or theft of cardholder data affects the entire payment card ecosystem. Customers suddenly lose trust in merchants or financial institutions, their credit can be negatively affected -- there is enormous personal fallout. Merchants and financial institutions lose credibility (and in turn, business), they are also subject to numerous financial liabilities.
Passport Technology is committed to the principles behind PCI compliance; our executives are accredited Payment Card Industry Professionals (PCIP) and active participants in the PCI community.
Passport Technology Limited is registered with the Information Commissioner's Office under registration reference: ZA238293
The personal data collected from you by Passport Technology Establishment(s) will be used for the following purposes and compliance with:
We (Passport Technology Ltd) are registered with the UK ICO (Information Commissioners Office) and under Regulation (EU) 2016/679 of the European Parliament and of the Council (article 15) you have the right to request access to the information we hold about you. You may request the information we hold about you at any time by contacting Passport Technology Ltd Data Protection Officer via email DPO@passporttechnology.com or in writing to:
Attn: Data Protection Officer
Passport Technology Ltd.
PO Box 1853
In order for us (Passport Technology Ltd) to provide you Cash Advance Services (Quasi-Cash) we need to collect personal data for VISA, MasterCard, General Transaction Requirements section 220.127.116.11, correspondence with you and to comply with UK Anti-Money Laundering Act(s). In any event, we are committed to ensuring that the information Passport Technology Ltd Establishment(s) collect is appropriate for this purpose and does not constitute an invasion of your privacy. We may pass your personal data on to our Passport Technology Establishment(s) who are contracted to Passport Technology Ltd in the course of providing Cash Advance Service to you. Passport Technology Ltd Establishment(s) are obliged to keep your details secure and use them only to fulfil the Cash Advance Service they provide you. We Do Not sell or pass your sensitive personal data onto third parties, we will only do so when legally required to do so.
Passport Technology Ltd. will process – that means collect, store and use – the information you provide in a manner that is compatible with the EU’s General Data Protection Regulation (GDPR). We will endeavor to keep your information accurate and up to date and not keep it for longer than is necessary. In some instances, the Credit/Debit Card Association or the United Kingdom or Europe law sets the length of time information has to be kept, in most cases Passport Technology Ltd will use its discretion to ensure that we do not keep inactive records outside (5 years) of our normal business requirements.
Our aim is not to be intrusive, and we undertake not to ask irrelevant or unnecessary questions. Moreover, the information you provide will be subject to rigorous measures and procedures to minimize the risk of unauthorized access or disclosure.