Friday, January 17, 2014

Wallaby Gets PCI Certification

Pasadena-based financial startup Wallaby, the developer of apps to help consumers pick the best credit card for a specific purchase, said it has been certified by the Payment Card Industry (PCI) Security Standards Council, the group which oversees credit card industry security standards. Wallaby--which is also working on a physical credit card to virtually steer specific purchases to other credit cards--said the move is a "Significant benchmark" for the company. Wallaby is led by Matthew Goldman, and is venture backed by Founders Fund Angel, WI Harper Group, SLP Ventures, and others.