SAN JOSE, Calif. â Feb. 8, 2005 â PSC, a leading company specializing in compliance and consulting services in the payments and security arena, has announced today that it has partnered with accounting and professional services firm, Sparrow, Johnson & Ursillo, Inc. to jointly launch the most complete suite of assurance services for companies accepting or processing electronic payments.
This new offering rounds out PSCâs audit and assurance services. In the past, companies in the electronic payment processing industry had to work with multiple specialists, accountants and technology providers to complete internal and external compliance requirements. Clients can now bundle Visa CISP, MasterCard SDP and GLBA assessments with AICPA SAS No. 70, WebTrustÂ® and SysTrustÂ® from a single provider. PSC brings the specialized technology and information security skills along with financial accounting and audit services from SJU Sparrow, Johnson & Ursillo.
Tom Arnold, the Partner at PSC responsible for Assurance Services, says "The addition of the SAS 70 and AICPA TrustService offerings greatly strengthens our suite of Assurance Services and enable our clients to leverage common criteria of WebTrust, SysTrust, industry best practices, and PCI (Payment Card Industry) to maximize cost savings while building a unified approach to corporate regulatory compliance."
Steven Ursillo Jr., Director of Technology & Assurance Services at Sparrow, Johnson & Ursillo, says "PSC has a proven track record of providing expert consulting and specialist compliance services to companies that either accept or process electronic payments. In today's competitive business environment, our clients call on us for more than traditional accounting services. Our partnership with PSC significantly strengthens our ability to support our clients as a full service compliance provider."