VISTA InfoSec

JULY 31, 2023

After completing all the applicable requirements and steps mentioned in the PCI DSS checklist, businesses may engage a Qualified Security Assessor (QSA) to perform a formal assessment of their compliance with the PCI DSS. If any areas of non-compliance are identified during the assessment, the QSA will report their findings to the business.

PCI DSS 130

PCI DSS Security Encryption Risk Assessment 130

Stax

MARCH 4, 2024

Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. Many people use MFA when making purchases through Apple Pay, for example, using Face ID or a passcode to complete a purchase. What is SSL/TLS? Q: What is the most secure online payment method?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

VISTA InfoSec

APRIL 3, 2024

Furthermore, strong authentication measures, such as two-factor or multi-factor authentication (MFA), verify the user’s identity before granting access to sensitive systems and data. By limiting user access rights to the minimum necessary for their job functions, businesses can minimize the potential impact of a security breach.

Cybersecurity 130

Cybersecurity Encryption Breach Phishing 130

VISTA InfoSec

FEBRUARY 28, 2024

Specific Requirement - New: Rules for limited shared account use (duration, documentation, approval, auditability). assessments.) Make sure these records outline who does what in terms of managing user accounts. Acknowledges rare cases where shared accounts may be unavoidable, provides a framework for their secure use.

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

Stax

NOVEMBER 21, 2024

To find the cheapest credit card processing company for your business, you have to assess your industry, specific business needs, the transaction fees of each provider, and the contract terms on offer.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Global Fintech & Digital Assets

DECEMBER 11, 2023

Covered financial institutions now face heightened expectations in relation to cybersecurity governance, risk assessment, and incident reporting. Risk assessments should also be reviewed whenever a new business model is adopted or a new product is introduced.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

Basis Theory

OCTOBER 1, 2024

On the other hand, organizations with Levels 2, 3, or 4 use Self-Assessment Questionnaires (SAQs) to audit their compliance program. and assessments, significantly eliminating prep efforts and reducing audit timelines (to as little as 21 days.) Return to Top Who needs to be PCI compliant?

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Stax

SEPTEMBER 17, 2024

Anti-virus solutions should be regularly updated, configured to perform automatic scans, and capable of generating audit logs for ongoing monitoring. This includes applying security patches promptly, conducting regular vulnerability assessments, and maintaining secure coding practices throughout the development lifecycle.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

EBizCharge

JULY 16, 2024

This includes developing policies and tools to adequately identify, assess, and mitigate potential fraud. Audit requirements Annual compliance audits are critical to adhering to NACHA guidelines for financial institutions and other network participants involved in electronic payments.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

EBizCharge

APRIL 22, 2025

Its also important to regularly audit user permissions and activity logs to detect any unauthorized access or unusual behavior. Therefore, businesses need to assess their customer demographics to determine which methods are essential to offer.

Payment APIs and Integration 52

Payment APIs and Integration Payment Gateways Gateways Payments 52

EBizCharge

SEPTEMBER 6, 2024

Compliance & audit trail: Integrated accounting systems often provide features that ensure compliance with various accounting standards and create an audit trail that helps track each financial transaction end-to-end. By automating tax calculations, businesses reduce the risk of errors that can lead to costly penalties and audits.

Accounts 52

Accounts CRM Automation Audit 52

Nanonets

SEPTEMBER 25, 2024

  Bank statement processing is essential for accurate reconciliation , auditing, and financial reporting. Maintain an efficient audit trail for future retrieval. Monitor and review Regularly auditing data quality is vital for maintaining accuracy and compliance. Ensure all statements are properly scanned and readable.

Process 52

Process AI Best Practices Reconciliation 52

VISTA InfoSec

MAY 5, 2025

Conduct a self-assessment Perform gap analysis to assess your current security posture. Implement security controls Deploy required cybersecurity measures like multi-factor authentication (MFA), data encryption, and segregation of duties. Make security assessments a non-negotiable part of your vendor on boarding process.

SWIFT 130

SWIFT Security Compliance MFA 130

Segpay

DECEMBER 19, 2024

These providers offer features like single sign-on (SSO), multi-factor authentication (MFA), and identity governance, all delivered through a secure cloud environment. Additionally, IDaaS providers often integrate risk-based authentication, which adapts security protocols based on the users behavior, device, and location.

Verification 104

Verification Authentication MFA Compliance 104

EBizCharge

MARCH 21, 2025

Auditing: Reviews financial records for accuracy and compliance. Accountants are needed for strategic decision-making and assessing potential risks. Better compliance and auditing Compliance and auditing also become more manageable with AI. Bookkeeping: Records daily transactions such as sales, purchases, and payments.

AI 52

AI Accounts Fraud Detection Audit 52