The SSC released version 1.0 of the Secure Software Standard in 2019 and payment applications that have been validated according to the standard has grown to a whopping 100. This is a big deal because it increases the choice for payment service providers and banks to offer secure transaction processing solutions off-the-shelf. The version has also matured to version 1.2 just this past December.
This is good not only for the participating payment brands, SSF assessor companies but more notably for the Payment Software Vendors / Providers and Developers. They are responsible for developing, distributing, maintaining payment software and ensure it conforms to the standard. It also means the job surface in the Fintech industry is growing not only for developers but for the companies that validate the new software.
This is good not only for the participating payment brands, SSF assessor companies but more notably for the Payment Software Vendors / Providers and Developers. They are responsible for developing, distributing, maintaining payment software and ensure it conforms to the standard. It also means the job surface in the Fintech industry is growing not only for developers but for the companies that validate the new software.