3M Library Systems, a part of diversified conglomerate
), recently received the prestigious Payment Application Data
Security Standard (PA-DSS) validation for fines and fees
A complete analysis of 3M's SelfPay software, regression testing
and potential data security risks was conducted by security
assessment company NetSPI before awarding the PA-DSS validation.
PA-DSS is the global standard for security assessment. The
validation is a testament to 3M's priority for protecting its
customers' secret information. The expanded fines and fees
processing solutions created specifically for the library market
offers unique solutions for efficient operations of libraries.
From enhancing security for fines and fees collection to
controlling costs and keeping library patrons secured and
satisfied, 3M remains committed to its customers' interests. The
PA-DSS validation further strengthens the security for the
cardholder at 3M's SelfCheck kiosks, which are already using the
PA-DSS validated first data ICVERIFY software.
3M, together with its subsidiaries, operates as a diversified
technology company with manufacturing operations spread over 70
countries. The company aims to deliver innovative security
solutions to businesses and governments worldwide, thus ensuring
the security of people and documents.
3M remains focused on inventing new products to maintain its
competitive advantage worldwide. The rise in demand for such
innovative 3M product services is likely to augment its overall
3M currently has a Zacks Rank #3 (Hold). Other stocks that look
promising and are worth a look now include Federal Signal Corp. (
), CLARCOR Inc. (
) and ITT Corp. (
), each having a Zacks Rank #2 (Buy).
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