January 7, 2013
NEW YORK, NY – January 7, 2013 – Transactis has announced the completion of its HIPAA Security and Privacy Assessment. Transactis selected Trustwave Corporation to conduct an assessment of information security practices and compare them to industry Best Practices as well as to security and privacy controls required by the Health Information Portability and Accountability Act (HIPAA).
This assessment concluded that Transactis has deployed the appropriate policies, procedures, processes, methods, and technical solutions within the organization, which are leveraged to provide compliance with the HIPAA Security Rule. This HIPAA assessment, specifically, gives Transactis’ partners and clients the credentials to market to billers with medical information and ePHI (electronic Protected Health Information.)
“Each year Transactis’ standards are improved to address new risks and threats to security and we constantly improve our systems to meet these standards,” said John Norment, Transactis’ Chief Compliance Officer. “This assessment and certification, in conjunction with our Payment Card Industry-Data Security Standard (PCI DSS) compliance, is our statement to our partners, clients, and prospective customers that Transactis is dedicated to maintaining the highest level of security and that they can trust us with their most sensitive data.”
Transactis selected Trustwave, the leading provider of on-demand data security and payment card industry compliance management solutions to businesses and organizations throughout the world, to conduct their HIPAA Security and Privacy Assessment. By selecting a well-known and respected partner like Trustwave, Transactis demonstrates its investment and ongoing commitment to provide the most secure online billing and payment solution on the market.
Transactis delivers a robust electronic bill and invoice presentment and payment (EBPP and EIPP) solution to replace paper bills and payments with smart electronic transactions. BillerIQ is a feature-rich, configurable white-label solution enabling businesses of all sizes and across all industries to securely deliver electronic bills, invoices and documents and accept payments online, by phone or mobile device. Transactis is HIPAA compliant, SSAE 16 compliant, PCI Level 1 certified, and SOC 2 certified. Transactis investors include StarVest Partners, Metamorphic Ventures, MacAndrews & Forbes Holdings, and ff Venture Capital. For more information visit transactis.com
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