VISTA InfoSec

MAY 24, 2024

It helps assess and mitigate security risks systematically by identifying vulnerabilities and implementing controls to address them before they materialize. Establish processes for ongoing monitoring, vulnerability scanning, and penetration testing to identify and address security vulnerabilities promptly. of PCI DSS. of PCI DSS.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

The Payments Association

DECEMBER 9, 2024

Generative AI also addresses training challenges for AI models. Moreover, synthetic data can address issues of data bias, as generative AI can create more balanced datasets that reflect a broader range of scenarios. Likewise, AI-generated speech samples enhance voice recognition, distinguishing genuine users from impersonators.

Privacy 88

Privacy Payment Security AI Security 88

Neopay

OCTOBER 15, 2024

Training and audits are two pillars of compliance. Here’s a guide to address these areas and offer practical solutions to make training and auditing more effective, engaging, and impactful. If you have specific areas of concern, such as financial crime, complaints handling, or safeguarding, consider a targeted audit.

Audit 59

Audit Compliance Assessments Financial Crimes 59

Clearly Payments

JANUARY 15, 2025

Address Verification Service (AVS) Fees What It Is: AVS is an extra layer of fraud protection that checks the billing address entered by the customer. How to Identify and Reduce Hidden Costs Audit Your Statements What to Look For: Carefully check each line item on your monthly statements. Cost Range: Often $0.01$0.10

Process 105

Process Processors Gateways Push-to-Card 105

FloQast

JUNE 10, 2024

The month-and-year-end Closes, audits, and myriad recurring processes pile up relentlessly, demanding meticulous attention to detail with no room for error. The post Breaking Point: Why Businesses Need to Address the Accounting Crisis ASAP. Is AI the Answer? appeared first on FloQast.

Addressing 104

Addressing AI Accounts On-Demand 104

VISTA InfoSec

OCTOBER 21, 2024

This includes regular risk assessments, controls, and monitoring mechanisms to address vulnerabilities and threats. This is where VISTA InfoSec’s expert consulting and audit service comes into play. When your organization is fully ready, our independent audit arm, will then conduct the final audit and issue the report as required.

Compliance 182

Compliance Third-Party Service Provider Risk Assessment Audit 182

VISTA InfoSec

FEBRUARY 25, 2024

These commonly breached records include: Personal Information Names, addresses, phone numbers, Social Security numbers, driver’s license details, passport numbers, patient healthcare records, insurance policy information, financial statements, etc. Conduct audits periodically post-partnership.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

VISTA InfoSec

DECEMBER 19, 2024

Regularly patch and update software to address known vulnerabilities. VISTA InfoSec is recognized with SWIFT as an authorised auditing organisation. Based on this analysis, we deliver actionable insights to address compliance gaps, implement mandatory and advisory controls, and strengthen your overall cybersecurity infrastructure.

SWIFT 173

SWIFT Cybersecurity PCI DSS Compliance 173

Finextra

FEBRUARY 11, 2025

The Securities and Exchange Commission today provided an exemption from the requirement to report certain personally identifiable information (PII) names, addresses, and years of birth to the Consolidated Audit Trail (CAT) for natural persons.

Audit 52

Audit Addressing Security 52

The Payments Association

FEBRUARY 10, 2025

Payment Service Providers must strengthen due diligence, monitoring, and collaboration with regulators to address these risks. Partnering with regional providers, leveraging AI for fraud detection, and conducting regular audits will ensure compliance, transparency, and operational excellence. What’s next?

IBAN 88

IBAN AML Master Account Due Diligence 88

The Finance Weekly

JULY 28, 2022

One of Vena’s customers, , Verra Mobility , claimed that Vena misled them into believing that the Soc 1 Type II report that Verra was given had been audited by an independent auditor. Vena is currently undergoing audits to rectify the situation. SOC reports started in 1992 under the Statement on Audit Standards (SAS).

Audit 130

Audit Compliance Data Security Security 130

VISTA InfoSec

NOVEMBER 4, 2024

It helps the organization systematically address potential vulnerabilities and enhance cyber resilience. Develop a remediation plan Once gaps are identified, the next step is to create a roadmap for addressing them. Regular reviews and audits ensure your systems and processes stay aligned with regulatory changes.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

It helps the organization systematically address potential vulnerabilities and enhance cyber resilience. Develop a remediation plan Once gaps are identified, the next step is to create a roadmap for addressing them. Regular reviews and audits ensure your systems and processes stay aligned with regulatory changes.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

It helps the organization systematically address potential vulnerabilities and enhance cyber resilience. Develop a remediation plan Once gaps are identified, the next step is to create a roadmap for addressing them. Regular reviews and audits ensure your systems and processes stay aligned with regulatory changes.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

It helps the organization systematically address potential vulnerabilities and enhance cyber resilience. Develop a remediation plan Once gaps are identified, the next step is to create a roadmap for addressing them. Regular reviews and audits ensure your systems and processes stay aligned with regulatory changes.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

Basis Theory

NOVEMBER 12, 2024

Completing audits and other non-value-generating work consumes resources, timelines, and funds. Fortunately, the impact of latency can be addressed through geo-replication, horizontal and vertical scaling of resources, concurrency, and caching. Anyone considering tokenization must consider this extra dependency.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

Fintech News

JANUARY 13, 2025

Recognising the need to address inefficient practices like manual processing, the Infocomm Media Development Authority implemented InvoiceNow, a nationwide E-invoicing network , in 2019 to help businesses improve efficiency and reduce cost. Undoubtedly, AI can provide succour to finance managers.

AI 123

AI Finance Automation SWIFT 123

Fi911

MAY 22, 2025

Following the landmark revisions introduced by PSD2, this new update is poised to address lingering challenges while adapting to the rapidly evolving financial and technological landscapes. By addressing the challenges of PSD2 and adapting to the needs of todays financial ecosystem, PSD3 will reshape the payments landscape for the better.

Payment APIs and Integration 62

Payment APIs and Integration Fraud Prevention Consumer Protection API 62

Neopay

MARCH 13, 2025

Focus on internal improvements: Firms can concentrate on addressing compliance issues without the added pressure of public scrutiny. Enhanced communication with regulators: The FCA’s decision highlights the importance of open dialogue between regulators and firms to address compliance concerns effectively.

Compliance 52

Compliance Audit Regulations Blocks 52

Clearly Payments

NOVEMBER 13, 2024

New processors must be prepared to demonstrate compliance and may need to undergo regular audits to meet these standards. Monitor for Compliance and Security : Regular audits, monitoring, and updates are essential to ensure ongoing compliance with industry standards and regulatory requirements.

Process 104

Process Processors Payments Compliance 104

Neopay

DECEMBER 16, 2024

Measuring impact: Evaluating the effectiveness of implemented changes and ensuring they address identified issues. RCA effectiveness: Gaps in monitoring the impact of actions taken to address systemic issues. Governance: Weak evidence of substantive discussions or challenge on complaints data at board levels.

Consumer 52

Consumer Compliance Audit Governance 52

FloQast

JANUARY 17, 2024

The consultation set out proposals for a range of legislative and governance reforms to be implemented in the Code in 2024, including the introduction of a new regulatory body, known as the Audit, Reporting, and Governance Authority (ARGA), which would replace the FRC. A description of company policies for tendering external audit services.

Governance 102

Governance Government AAP Audit 102

Fintech News

FEBRUARY 10, 2025

The Regulatory Minefield as Agentic AI Picks Up Its Pace As Agentic AI rapidly evolves in its development and application, regulators face several concerns that need to be carefully addressed to ensure its safe and ethical use within the fintech sector.

AI 82

AI FinTech Fraud Detection Fraud Prevention 82

The Fintech Times

JANUARY 20, 2025

Global investment management firms are increasingly focused on leveraging artificial intelligence (AI) and addressing data infrastructure challenges to enhance efficiency, decision-making and investment strategies, according to a survey of 200 operations leaders.

AI 64

AI Audit Addressing Governance 64

VISTA InfoSec

NOVEMBER 12, 2024

System and application security : SaaS providers must develop and maintain secure applications, which include regular code reviews, vulnerability scanning, and penetration testing to catch and address security weaknesses ( Requirements 6.1 Keeping software up to date is important to protect against emerging threats ( Requirement 6.2 ).

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

System and application security : SaaS providers must develop and maintain secure applications, which include regular code reviews, vulnerability scanning, and penetration testing to catch and address security weaknesses ( Requirements 6.1 Keeping software up to date is important to protect against emerging threats ( Requirement 6.2 ).

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

FloQast

MAY 9, 2024

These enhancements usher in greater automation and visibility, empowering proactive risk assessment, more effective management of compliance programs, and smoother internal audit processes. Audit Pain and Expense: Challenge : Inadequate preparation for audits results in prolonged processes.

Compliance 105

Compliance Audit Risk Assessment Assessments 105

Fintech Finance

MAY 20, 2025

The company recommends the following steps: Monitor for Dispute Trends and Early Warning Signs Audit chargeback data to identify recurring codes such as “item not received” or “unauthorised transaction.” Retain digital evidence of each sale, including delivery logs, IP addresses, and customer interactions.

Consumer 75

Consumer Disputes Audit Mitigation 75

VISTA InfoSec

FEBRUARY 13, 2024

Audits play a complementary role by ensuring that existing security measures align with both internal policies and external regulatory requirements. In jurisdictions where regulatory compliance is stringent, such as in Singapore, audits are an indispensable part of the cybersecurity framework.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

Fintech Review

APRIL 3, 2025

The new partnership aims to improve liquidity, reduce transaction costs, and increase reliability, offering more options for counterparties while addressing the growing demand for stablecoin adoption in Brazil. BRLA is a leader in payments in the region and the only issuer of an independently audited BRL stablecoin.

Stablecoins 52

Stablecoins Audit Issuers Payments 52

The Fintech Times

NOVEMBER 12, 2024

” However, the situation enabled Kazakhstan to optimise and improve its fintech legislation and address the technological challenges it faced during the influx. This includes an external financial audit and obtaining ISO certifications following an audit of the entity’s information systems.

FinTech 59

FinTech Audit Non-Bank ISOs 59

Fintech Finance

MARCH 28, 2025

Following an independent audit at the start of the year, Medius has been recommended for continued registration to ISO 9001:2015 and has successfully transitioned to the latest ISO 27001:2022 standard.

ISOs 59

ISOs Continuity Best Practices Compliance 59

VISTA InfoSec

OCTOBER 7, 2024

This includes regular risk assessments, controls, and monitoring mechanisms to address vulnerabilities and threats. This is where VISTA InfoSecs expert consulting and audit service comes into play. When your organization is fully ready, our independent audit arm, will then conduct the final audit and issue the report as required.

Compliance 130

Compliance Third-Party Service Provider Risk Assessment Audit 130

VISTA InfoSec

DECEMBER 19, 2024

Regularly patch and update software to address known vulnerabilities. VISTA InfoSec is recognized with SWIFT as an authorised auditing organisation. Based on this analysis, we deliver actionable insights to address compliance gaps, implement mandatory and advisory controls, and strengthen your overall cybersecurity infrastructure.

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

Fintech News

AUGUST 21, 2024

Zhao, also known as CZ, was sentenced to four months in prison as part of this agreement, which addressed anti-money laundering violations. However, the company has yet to establish a global headquarters or release fully audited financial statements. Despite ongoing challenges, Teng maintains that Binance remains profitable.

Compliance 131

Compliance Law Enforcement Money Laundering Agreements 131

Neopay

DECEMBER 24, 2024

Proactive prevention: Platforms must take responsibility for monitoring and addressing fraud risks to stop scams at their source. Our tailored services include: Compliance consulting: Develop robust frameworks to address vulnerabilities. Audit services: Identify and mitigate risks in your systems and processes.

Romance Scams 52

Romance Scams Scams Consumer Compliance 52

The Payments Association

JANUARY 13, 2025

It addresses how evolving regulations shape the digital asset landscape, influencing innovation, compliance, and global competitiveness. This will also include verifying the legitimacy of assets, auditing their technical infrastructure, and assessing market risks simultaneously. Why is it important? What’s next?

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88