Hanover Innovative Payment, LLC to Offer Sanctioned Audits

August 21, 2006 - HIP announced today that it will be able to assist its clients with audit planning, preparation, services procurement and issue remediation... HIP has cemented relationships with key players in the industry that will allow its clients to better address the growing burden of mandated audits.

“While HIP embraces the industry’s attempts at imposing requirements to create a safer more stable processing environment, we also believe that a formal proactive approach can greatly reduce the cost burden of such mandates” said Chris Stowe, Managing Director, Hanover Innovative Payment.

In support of this view HIP has created a separate group to provide proactive guidance on product and system development and deployment best practices, infrastructure configurations and data security methods. The new HIP group can provide assistance in the critical areas of mandated documentation and operations best practices. The group can also assist in obtaining the most appropriate vendors to conduct required audits and can provide guidance in remedying any issues noted during audits or scans.

For more information, please contact us at 1.202.742.6313 or info@hanoverpayment.com.

Hanover Innovative Payment focuses on partnerships. Our industry experience enables our partners to leverage their resources to develop, maintain and grow transaction processing and electronic cash systems. We believe building truly collaborative relationships that fuse our knowledge with our partners' will always lead to success.