Fintech Finance

NOVEMBER 14, 2024

Inefficiencies such as costly upgrades to the latest security and industry standards like PCI DSS, and being unable to integrate with other merchant systems like stock inventory and customer relationship management (CRM) platforms, are also threatening to eat into already-thin profit margins.

PCI DSS 95

PCI DSS Payment APIs and Integration Point-of-Sale (POS) CRM 95

Stax

MARCH 18, 2025

According to the US Federal Reserve in 2022, general-purpose card payments reached $153.3 Key security features to look for include PCI DSS compliance, encryption & tokenization, 3DS authentication, and chargeback prevention tools. billion transactions and $9.76 trillion in value.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

The Payments Association

JULY 11, 2025

million in 2022 to US$1.04 The biometric payment market is projected to grow from US$5.0 billion in 2022 to US$23.6 billion by 2032, driven by fraud prevention requirements and enhanced customer experience. The market is expected to grow from US$246.6 Average global data breach costs hit US$4.9 million average costs.

Point-of-Sale (POS) 88

Point-of-Sale (POS) Payment APIs and Integration Online and Mobile Banking Compliance 88

The Fintech Times

JANUARY 6, 2025

.” PayMint has also ensured its commitment to global standards for customer data security and payment procedures by obtaining the latest PCI-DSS certification. “Our PCI-DSS certification reinforces the trust we have built with our clients by offering fully secure services,” explained Mohamed Yehia , VC of PayMint. .

Financial Inclusion 59

Financial Inclusion Central Bank PCI DSS Online and Mobile Banking 59

Stax

FEBRUARY 19, 2025

Gartner predicts that, through 2022, 60% of organizations will prioritize transitioning to a composable enterprise model. Compliance with industry regulations , such as GDPR for data protection or PCI DSS for payment security. When selecting an ISV partner, businesses should verify: Data encryption standards to prevent breaches.

ISVS 88

ISVS Payment APIs and Integration API Best Practices 88

PCI Security Standards

JUNE 11, 2024

To address stakeholder feedback and questions received since PCI DSS v4.0 was published in March 2022, the PCI Security Standards Council (PCI SSC) has published a limited revision to the standard, PCI DSS v4.0.1.

PCI DSS 229

PCI DSS Addressing Security 229

VISTA InfoSec

NOVEMBER 12, 2024

PCI DSS is a set of requirements that is applied to every small and large organization that accepts, stores, processes, or transmits cardholder data. In particular, PCI DSS for SaaS companies is essential, as these platforms frequently handle sensitive customer information and must adhere to the latest security standards.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

PCI DSS is a set of requirements that is applied to every small and large organization that accepts, stores, processes, or transmits cardholder data. In particular, PCI DSS for SaaS companies is essential, as these platforms frequently handle sensitive customer information and must adhere to the latest security standards.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

JULY 5, 2023

From March 2021 to March 2022, the average cost of a data breach in healthcare was over $10 million, up from $9.23 In this blog post, we’ll delve into the significance of PCI DSS compliance in healthcare and explore how it helps protect patient data and privacy. What is PCI DSS in the Healthcare Industry?

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

PCI Security Standards

DECEMBER 14, 2023

To address stakeholder feedback and questions received since PCI DSS v4.0 was published in March 2022, PCI SSC is planning a limited revision of the standard. Proposed changes include correcting format and typographical errors and clarifying the focus and intent of some of the requirements and guidance.

PCI DSS 116

PCI DSS Addressing Request for Comment 116

VISTA InfoSec

MAY 12, 2024

It must be noted that Vi was first received its SOC2 Type 1 attestation in 2022, which was also done by VISTA InfoSec. It focuses on controls related to security, availability, processing integrity, confidentiality, and privacy of data.

PCI DSS 279

PCI DSS Compliance Security ISOs 279

Stax

JULY 16, 2024

A study by the Pew Research Centre found that in 2022, 41% of consumers didn’t use cash for weekly purchases of essentials like groceries and gas. This is why PCI DSS compliance is critical. In this article, we’ll discuss why your business needs to ensure PCI compliance and what the 12 PCI DSS v4.0

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

Evolve Payment

NOVEMBER 19, 2024

Table of Contents PCI Compliance in a Nutshell PCI compliance, also known as the Payment Card Industry Data Security Standard , or PCI-DSS, is an important standard that major credit card companies like Visa and Mastercard have adopted to protect themselves and their merchants from the risks associated with exposed cardholder data.

PCI DSS 94

PCI DSS Compliance Processors Breach 94

PCI Security Standards

APRIL 29, 2024

I'm Alicia Malone, Senior Manager of Public Relations for the PCI Security Standards Council. At our Community Meetings in 2022, the Council announced a significant change to its Participating Organization program. Welcome to our podcast series, Coffee with the Council.

Participant 196

Participant Security Payment Security Request for Comment 196

Stax

JANUARY 15, 2024

Swipe fees have doubled in a decade and increased by 20% since 2022. PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Enter the PCI DSS compliance. No surprise there. Here’s everything to know about it in the next section.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

MARCH 4, 2024

TL;DR The PCI DSS determines security protocols and sets the standards for payment security. of the global population using this method of payment in 2022. How to Comply with Payment Security Standards The Payment Card Industry Data Security Standards, or PCI DSS , are the North Star for payment processing security.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

Fintech Finance

APRIL 8, 2025

This resulted in a surge of QR payment-accepting merchants under ACLEDA’s network, from 230,000 in 2022 to over 420,000 in 2024, and the corresponding number of transactions skyrocketed from 16 million to 160 million per year.

PCI DSS 94

PCI DSS ATM Debit Card Accreditation 94

Fintech Finance

MARCH 18, 2024

billion in 2022, which is predicted to rise to $34 billion by 2025, an increase of 45 percent. The solution will minimise the time-to-market while ensuring the highest level of payment security and compliance, as all card transactions meet PCI DSS and 3-D Secure standards. million in 2023 to 45.8 million in 2027.

PCI DSS 52

PCI DSS Cross-Border Cross-Border Payments Consumer 52

Stax

NOVEMBER 6, 2023

In 2022, there were 1802 instances of data compromise in America which affected 422 million people. As the world increasingly moves online, it is essential to safeguard the information being stored and transferred over networks. Today, data is as important as currency and should be safeguarded as such.

Encryption 88

Encryption PCI DSS Data Security Origination 88

The Fintech Times

SEPTEMBER 5, 2024

Adhering to PCI DSS standards – through encryption, secure authentication, and device security – is crucial for mitigating these risks and ensuring safe transactions.

Financial Crimes 82

Financial Crimes Mitigation Cybersecurity Crime 82

Stax

JUNE 25, 2024

Almost $500 billion dollars —that’s how much Americans donated in 2022. Opt for a provider that adheres to the PCI DSS (payment standards set by associations like Visa, Mastercard, and American Express) and ideally ensure they offer Level 1 PCI Compliance.

Payment Solutions 88

Payment Solutions Payment APIs and Integration ISVS PCI DSS 88

Clearly Payments

DECEMBER 2, 2024

Fraud in online payments was estimated at $41 billion in 2022 , making secure systems a priority. To minimize risk: Look for PCI Compliance: The Payment Card Industry Data Security Standard (PCI DSS) is mandatory for all businesses that handle cardholder data. Pros Expands business reach to a global customer base.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

Evolve Payment

FEBRUARY 15, 2024

Table of Contents Accelerating Accounts Receivable With B2B Payments Technology The days of cumbersome paper checks and out-of-PCI compliance snail-mail invoices are fading into the rearview mirror. Evolve Payment utilizes robust security protocols and white glove PCI/DSS assistance to safeguard your financial data and minimize risk.

B2B 81

B2B Checks AFP FinTech 81

Fintech Finance

JUNE 5, 2024

At the same time, Enfuce’s PCI-DSS certified platform also guarantees 99.999% uptime which competitors struggle to match, providing a reliable and secure environment that is crucial for the public sector, especially when dealing with sensitive use cases.

PCI DSS 52

PCI DSS Payment APIs and Integration Payment Solutions Fraud Prevention 52

Payment Savvy

JULY 3, 2024

According to a 2022 study by Research and Markets on U.S. PCI DSS Compliance This is the cornerstone of debit card security. The Payment Card Industry Data Security Standard (PCI DSS) outlines a set of comprehensive security requirements for merchants and payment processors.

Debit Card 52

Debit Card Process PCI DSS Processors 52

The Fintech Times

JUNE 13, 2024

The transaction volume of payments in the Middle-East and Africa region is set to almost quadruple by 2027 ($2.6billion) from its value in 2022 ($675million). This increase is being largely spearheaded by Egypt, Saudi Arabia and the UAE, but how?

Instant Payments 59

Instant Payments Payment APIs and Integration ISO 20022 Payment Gateways 59

Stax

FEBRUARY 15, 2024

According to the Pew Research Institute , in 2022, a whopping 41% of Americans said they don’t use cash at all for any of their weekly purchases—a significant jump from 29% in 2018. ISVs ensure software solutions meet standards like PCI DSS (Payment Card Industry Data Security Standard).

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

Stax

MAY 7, 2024

trillion in the US in 2022, accepting card payments is no longer a question of whether to, but how to. PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). Or paid for your groceries using hard cash?

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Stax

JANUARY 10, 2024

According to Capital One, global credit card transactions in 2022 reached an estimated 678 billion —an average of 1.86 PCI compliance fees. This fee helps payment processors maintain compliance with the latest Payment Card Industry Data Security Standard (PCI DSS) requirements for secure online transactions.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Ikajo

NOVEMBER 2, 2023

And of course, we have to mention Stripe, a company that processed $817 billion worth of transactions across over 50 countries in 2022. Another highlight of 2022 is Melio, an online business payments platform. As a payment business dealing with card transactions processing, you’re subject to PCI DSS certification.

Process 52

Process Processors Payment Gateways Payments 52