Fintech Finance

MARCH 25, 2025

Although Vietnam’s digital finance market has seen rapid growth over the last few years, many consumers still struggle to access secure and high-quality financial services due to ineffective risk assessment systems.

Risk Assessment 97

Risk Assessment Risk Management BNPL Best Practices 97

VISTA InfoSec

OCTOBER 21, 2024

Now, here Data Protection Officers play an important part in ensuring your data handling practices align with regulatory requirements and best practices, thereby safeguarding your reputation and building trust with customers, partners, and stakeholders.

CCPA 208

CCPA Privacy Assessments Laws 208

VISTA InfoSec

MARCH 13, 2025

Regular monitoring and testing of networks: Performing routine security assessments. PCI DSS emphasizes the importance of regular security training to ensure staff members understand the latest threats and best practices for safeguarding payment data. The latest version PCI DSS v.4.0

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

EBizCharge

JUNE 20, 2024

This article will help set your business up for success by explaining AR, why it’s important, and best practices for optimizing your receivables. 13 accounts receivable best practices Adopting the best AR practices helps maintain consistent revenue, reducing the need for external financing and minimizing non-payment risk.

Best Practices 52

Best Practices Accounts Disputes Procedures 52

VISTA InfoSec

JUNE 19, 2024

Best Practices for Securing Video Communication Choose the Right Platform When evaluating different platforms, assess their security features comprehensively. The impact can be devastating, leading to significant financial losses, operational disruptions, and reputational damage.

Risk 277

Risk Ransomware Phishing MFA 277

Nanonets

MAY 21, 2024

Seven Best Practices for Effective Account Reconciliations From Mesopotamia's rudimentary ledgers tracking livestock and crops to the second-century BCE Indian treatise " Arthashastra ", accounting has been a cornerstone of economic management in any civilized society.

Best Practices 52

Best Practices Reconciliation Accounts Payment APIs and Integration 52

VISTA InfoSec

MARCH 6, 2024

assessment, understanding these changes to Requirement 10 will help you strategize your implementation approach. Other Logs Review "periodically" based on the company's risk assessment Periodic review is still required but now explicitly mentioned in Requirement 10.4.2 Maintains the risk assessment step. covers everything else.

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

The Payments Association

FEBRUARY 10, 2025

Since vIBANs are often treated as extensions of master accounts rather than independent relationships, firms fail to apply appropriate risk assessment frameworks. Real-time monitoring tools must be implemented to detect suspicious patterns, while AI-driven risk assessments can help identify emerging threats in cross-border transactions.

IBAN 88

IBAN AML Master Account Due Diligence 88

EBizCharge

AUGUST 13, 2024

This article will outline the different methods of revenue recognition and best practices for ensuring compliance and accuracy. The review process should be designed to identify all performance obligations and assess the terms of the transfer of control of goods or services. What is revenue recognition?

Best Practices 52

Best Practices Automation Transactions Process 52

EBizCharge

OCTOBER 25, 2023

By implementing the most reliable security software and best practices, organizations and individuals can mitigate the risk of data breaches and safeguard their valuable information from malicious actors. Assess each type of data and consider whether it is necessary. If not, then stop collecting it.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

Stax

NOVEMBER 21, 2024

It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data. Below are a few best practices that can help keep your in-house digital systems as secure as possible.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Stax

JANUARY 23, 2025

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Core

FEBRUARY 6, 2024

An Overview of 7 Best Practices Adopting government fraud prevention best practices is instrumental in maintaining the resilience of public systems. However, ongoing evaluation of their practices, compliance standards, and cybersecurity measures are essential aspects of due diligence. According to the U.S.

Best Practices 52

Best Practices Governance Government Fraud Prevention 52

FloQast

NOVEMBER 20, 2023

One of the first steps in carrying out an effective internal audit is to perform an internal audit risk assessment. What Is an Internal Audit Risk Assessment? In an internal audit risk assessment process internal auditors use to evaluate an organization’s potential risks and vulnerabilities.

Risk Assessment 52

Risk Assessment Audit Assessments Risk 52

Fi911

FEBRUARY 26, 2025

Requirements : Completion of a Self-Assessment Questionnaire (SAQ) and quarterly external scans. These are grouped into six overarching control objectives, aligning with best practices in data security. Regularly Test Security Systems and Processes : Conduct routine penetration tests and vulnerability assessments.

PCI DSS 54

PCI DSS Compliance MFA Assessments 54

The Payments Association

DECEMBER 9, 2024

Cohn believes regulation will impose stricter requirements for organisations to assess and mitigate the potential for algorithmic bias in AI-powered payment systems. If AI systems are not transparent or auditable, it becomes difficult for regulators to assess whether the systems are operating in a manner that protects consumers privacy.

Privacy 88

Privacy Payment Security AI Security 88

VISTA InfoSec

MARCH 5, 2024

This requirement is a best practice until 31 March 2025.) This means having written job descriptions, assigning specific tasks to individuals, and ensuring they understand their duties. Auditors check for clear documentation and task understanding. This ensures accountability, prevents gaps in security, and provides proof of compliance.

PCI DSS 147

PCI DSS Procedures Assessments Checks 147

VISTA InfoSec

FEBRUARY 28, 2024

assessments.) Make sure these records outline who does what in terms of managing user accounts. It must include both numbers and letters. (This requirement is a best practice until 31 March 2025.) Look at your system settings to make sure these password rules are enforced. Requirement 8.3.6: Requirement 8.3.6:

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

Paystand

MARCH 12, 2024

It offers a clear shot of its financial health, compiling statements to assess stability and growth. Financial reporting is the backbone of any organization. As a CFO, your role in financial reporting is pivotal. You oversee gathering, analyzing, and communicating financial data.

Best Practices 52

Best Practices Finance Cost Structure Regulatory Compliance 52

FICO

JANUARY 6, 2022

For example, access to customer-level and non-traditional data such as consumer utility payment history provides risk assessments lacking in a thin credit file population. Learn more about thriving in the digital era by checking out my last post on best practices for a timeless digital customer experience.

Best Practices 52

Best Practices Origination Authentication Process 52

VISTA InfoSec

JANUARY 29, 2024

For systems that are typically not susceptible to malicious software, carry out regular assessments to detect and assess emerging malware threats. Conduct discussions with staff to ensure that they are monitoring and assessing emerging malware threats for systems that are generally not prone to malicious software. evaluations.

PCI DSS 130

PCI DSS Phishing Best Practices Procedures 130

VISTA InfoSec

SEPTEMBER 27, 2024

Now, here Data Protection Officers play an important part in ensuring your data handling practices align with regulatory requirements and best practices, thereby safeguarding your reputation and building trust with customers, partners, and stakeholders.

CCPA 130

CCPA Privacy Assessments Laws 130

VISTA InfoSec

AUGUST 22, 2023

Principle of data minimization: Only the minimum amount of biometric data necessary for the intended purpose should be collected and processed, requiring careful assessment and avoidance of excess. Voiceprint: Assessment of vocal attributes such as tone, pitch, and enunciation.

Privacy 130

Privacy Legal Compliance Best Practices 130

Segpay

JUNE 13, 2024

In this post, we’ll discuss the best practices for businesses and customers to secure online payment against cyber attacks. Best Practices for Securing Financial Transactions What can businesses and consumers do to ensure secure payment processing in this digital Wild West? The Travelex ransomware attack. million ransom.

Best Practices 40

Best Practices Processors Transactions Security 40

VISTA InfoSec

NOVEMBER 12, 2024

SaaS providers must assess and monitor these vendors to ensure they meet PCI DSS requirements as well ( Requirement 12.8.4 ). They require an annual on-site assessment by a Qualified Security Assessor (QSA) and quarterly scans. Q2: How Often Should We Conduct PCI DSS Assessments? updates check out our PCI DSS 4.0

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

SaaS providers must assess and monitor these vendors to ensure they meet PCI DSS requirements as well ( Requirement 12.8.4 ). They require an annual on-site assessment by a Qualified Security Assessor (QSA) and quarterly scans. Q2: How Often Should We Conduct PCI DSS Assessments? updates check out our PCI DSS 4.0

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

This comprehensive assessment identifies any discrepancies between your existing frameworks and the regulatory standards, enabling you to pinpoint areas that require enhancement. Best practices for implementing the DORA compliance 1. Having a transparent approach will reinforce trust and will help you manage reputational risk.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

This comprehensive assessment identifies any discrepancies between your existing frameworks and the regulatory standards, enabling you to pinpoint areas that require enhancement. Best practices for implementing the DORA compliance 1. Having a transparent approach will reinforce trust and will help you manage reputational risk.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

This comprehensive assessment identifies any discrepancies between your existing frameworks and the regulatory standards, enabling you to pinpoint areas that require enhancement. Best practices for implementing the DORA compliance 1. Having a transparent approach will reinforce trust and will help you manage reputational risk.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

This comprehensive assessment identifies any discrepancies between your existing frameworks and the regulatory standards, enabling you to pinpoint areas that require enhancement. Best practices for implementing the DORA compliance 1. Having a transparent approach will reinforce trust and will help you manage reputational risk.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

Fintech News

AUGUST 6, 2024

The MAS assessment emphasized the regulator’s role in promoting a sound financial sector, focusing on insurer risk management and long-term policy protection. When assessing a change in substantial shareholder, criteria like track record, financial soundness, and fitness are considered. billion (EUR 1.5

Consumer Protection 107

Consumer Protection Consumer Risk Management Best Practices 107

Cardfellow

APRIL 27, 2025

You may recognize the Self-Assessment Questionnaire (SAQ) that businesses using the Defined Approach will submit. Your processor may be able to help you with your assessment, or provide documentation that you can follow to do it yourself. The PCI DSS website includes an infographic about version 4.0, This is part of the 4.0

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 52

VISTA InfoSec

FEBRUARY 13, 2024

This proactive stance enhances Singapore’s resilience against cyber threats and also serves as a model for global best practices in cybersecurity. By sharing threat intelligence and best practices, organizations can gain insights into emerging threats and learn from the experiences of others.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

Fintech News

JANUARY 25, 2024

The EY AI Governance and Compliance solution, a part of this initiative, provides businesses with tools for managing AI, including discovery, policy management, risk assessment, and automated monitoring. These services are anticipated to be available in the first quarter of 2024.

AI 117

AI Disputes Risk Management Risk Assessment 117

Fintech News

APRIL 7, 2024

Examples include verifying the user’s personally identifiable information (PII), assessing the age and reputation of the user’s email and phone number, verifying their location via IP address, and evaluating the trustworthiness of the device to assess the user risk level.

Deepfake 133

Deepfake Scams Fraud Detection Verification 133

VISTA InfoSec

FEBRUARY 21, 2024

assessments.) Formally document access control task assignments for sensitive data. Delegate these tasks to appropriate staff members. Verify staff members’ understanding of their responsibilities through interviews. Verify staff members’ understanding of their responsibilities through interviews.

PCI DSS 130

PCI DSS Database Best Practices Procedures 130

Open Banking Excellence

JANUARY 18, 2024

Given the breakneck pace of adoption, it’s critical that we’re able to track AI maturity across the banking sector, helping institutions to harness the power of emerging technologies with openness and transparency, and sharing best practices so that all banks can remain competitive in the AI age.

AI 130

AI Best Practices APACS Innovation 130