The Payments Association

DECEMBER 9, 2024

It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Firms must adopt transparent AI practices, enhance regulatory frameworks, and continuously train models to navigate the evolving landscape of AI-driven threats. Why is it important?

Privacy

Fintech News

MARCH 6, 2025

The program also provides AWS co-sell resources, including training, webinars, and best practices, to enhance sales and security support. Joining the AWS ISV Accelerate Program required a rigorous evaluation of Bitdefenders architecture, technology, and customer success.

ISVS

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

The Payments Association

NOVEMBER 12, 2024

The choice affects compliance, efficiency, and fraud prevention capabilities. In response, regulatory bodies like the Financial Conduct Authority are tightening anti-money laundering (AML) and counter-terrorism financing (CTF) measures, levying steep penalties for non-compliance. What is this article about? Why is it important?

Financial Crimes

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

Fintech News

JUNE 5, 2025

Effective 30 June 2025, the new Singapore DTSP licensing framework significantly tightens compliance expectations for Singapore-based and Singapore-incorporated entities providing digital token services. According to its updated Singapore DTSP licensing, applicants must also prove compliance in the jurisdictions where they operate.

Money Laundering

Stax

JUNE 24, 2025

These fees include interchange fees, assessment fees, and processing fees. Assessment fees Assessment fees are charges imposed by the card networks (Visa, Mastercard, American Express, Discover) to support their operations, including marketing, network maintenance, and the development of new technologies.

Credit Cards

The Payments Association

JUNE 16, 2025

The methodology combines quantitative analysis of operational metrics with qualitative assessment of strategic priorities. Compliance burden widespread but manageable: 66% find compliance challenging, but only 22% significantly, indicating systematic rather than crisis-level regulatory pressure across the sector.

Innovation

Cardfellow

APRIL 27, 2025

Many businesses find PCI compliance confusing and frustrating, and there are times when it feels like you need a degree in cybersecurity just to understand what the standard wants you to do. In the past, Ive written about how to achieve and maintain PCI compliance. Achieving (and maintaining!)

PCI DSS

EBizCharge

APRIL 22, 2025

PCI compliance and security Integrated payment gateways typically come with built-in security features such as full compliance with Payment Card Industry Data Security Standards (PCI DSS) , tokenization, and encrypted data transmission.

Payment APIs and Integration

Finextra

JULY 28, 2025

The allure of AI – promising breakthroughs in predictive analytics for risk assessment, automated customer support, and advanced fraud prevention – has prompted substantial capital allocation across the sector. A critical risk lies in the potential for AI models to inherit and perpetuate biases present in their training data.

AI

Fintech Weekly

JUNE 8, 2025

The average app uses between 26 and 50 APIs , all of which may have different levels of encryption, authentication, regulatory compliance and data formats. Consider hiring a penetration tester or third-party auditing firm to assess your platform’s API security regularly. Gateways offer a solution.

API

Stax

FEBRUARY 19, 2025

An outsourced integrated payments support team could also assist business software users with their unique issues or questions about security and compliance. Outsourcing payment support can save costs, provide 24/7 assistance, and ensure compliance expertise.

Payments

EBizCharge

MAY 22, 2025

Understanding these differences is essential for addressing common challenges, such as manual errors, delayed invoices, and poor payment tracking, as they can strain customer relationships, limit payment flexibility, and lead to compliance issues. The following section will explore best practices for combatting these common issues.

Process

Finextra

AUGUST 4, 2025

Globally, fintechs and banks spend an estimated $206 billion per year on financial crime compliance. In 2023 alone, 98% of institutions reported their compliance costs increased over the prior year , with over one-third citing ever-escalating regulations as the primary driver. What do these inefficiencies look like in practice?

AML

The Finance Weekly

FEBRUARY 23, 2025

Strong FP&A practices help finance teams improve data accuracy , use technology effectively, and make well-informed financial decisions. 10 Best Practices for FP&A These 10 best practices will help businesses improve their FP&A processes and achieve better results.

Best Practices

Fintech Weekly

JULY 31, 2025

Regulatory compliance risks : Financial institutions operate under strict regulatory frameworks that require model transparency and fairness. Regulatory Compliance and Documentation Maintain detailed logs of model performance, drift detection results and the remediation actions taken.

AI

The Fintech Times

JUNE 12, 2025

Building an ethical finfluencer strategy The benefits of a finfluencer partnership are clear, so the real question is how brands can harness these benefits while ensuring compliance and consumer protection? Brands should assess a creator’s credibility, financial knowledge, and audience engagement. Transparency is non-negotiable.

Due Diligence

Finextra

AUGUST 1, 2025

Regularly scheduled workshops and practical sessions educate employees on recognizing phishing attempts, avoiding suspicious links, and creating strong passwords. These programs also cover best practices for handling sensitive data, such as using secure storage solutions and avoiding unsecured networks.

Security

VISTA InfoSec

NOVEMBER 12, 2024

Todays article is focused on PCI DSS compliance for SaaS (Software as a Service) companies. Why PCI DSS compliance is critical for SaaS companies? This puts them in a prime position to become targets for cybercriminals, making payment security compliance non-negotiable. PCI DSS compliance also provides a competitive edge.

PCI DSS

VISTA InfoSec

NOVEMBER 12, 2024

Todays article is focused on PCI DSS compliance for SaaS (Software as a Service) companies. Why PCI DSS compliance is critical for SaaS companies? This puts them in a prime position to become targets for cybercriminals, making payment security compliance non-negotiable. PCI DSS compliance also provides a competitive edge.

PCI DSS

VISTA InfoSec

NOVEMBER 4, 2024

If you are running a financial institution and wondering how to apply DORA in your existing infrastructure and want to learn about the DORA compliance checklist. You are in the right place, today we are going to explore the DORA compliance checklist and how to implement the new regulation successfully.

Compliance

VISTA InfoSec

NOVEMBER 4, 2024

If you are running a financial institution and wondering how to apply DORA in your existing infrastructure and want to learn about the DORA compliance checklist. You are in the right place, today we are going to explore the DORA compliance checklist and how to implement the new regulation successfully.

Compliance

VISTA InfoSec

NOVEMBER 4, 2024

If you are running a financial institution and wondering how to apply DORA in your existing infrastructure and want to learn about the DORA compliance checklist. You are in the right place, today we are going to explore the DORA compliance checklist and how to implement the new regulation successfully.

Compliance

VISTA InfoSec

NOVEMBER 4, 2024

If you are running a financial institution and wondering how to apply DORA in your existing infrastructure and want to learn about the DORA compliance checklist. You are in the right place, today we are going to explore the DORA compliance checklist and how to implement the new regulation successfully.

Compliance

VISTA InfoSec

OCTOBER 21, 2024

They are appointed based on article 37 of GDPR, and help organizations stay compliant with data protection laws by overseeing data security policies, monitoring internal compliance, and providing expert advice for staffs managing the potential data privacy risks. Working closely with the supervisory authority on processing-related matters.

CCPA

VISTA InfoSec

JULY 5, 2023

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. The Payment Card Industry Data Security Standard (PCI DSS) is a vital compliance scheme that aims to protect credit and debit card transactions against fraud and data theft.

PCI DSS

The Fintech Times

SEPTEMBER 24, 2024

This month, The Fintech Times will look at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the fintech world fairer and safer.

Privacy

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. assessments.)

PCI DSS

Stax

JANUARY 15, 2024

Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. for transactions also requires this compliance.

Credit Cards

VISTA InfoSec

MAY 15, 2025

This article explores key security controls within the SWIFT CSP compliance framework and outlines best practices for financial institutions to strengthen their SWIFT security posture. To align with SWIFT CSP requirements, you should consider the following best practices: 1. Cyber Incident Response Planning 7.2

SWIFT

Stax

DECEMBER 4, 2023

The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Non-compliance can have major implications.

Money Laundering

FICO

APRIL 3, 2020

The importance of Third-Party Risk Management is growing, and by association cybersecurity risk assessment. Doug Clare, Vice President of Fraud, Compliance and Security Solutions, at FICO discusses the challenge in a recent conversation with Chris Wallace, Director of Cyber Risk, at T-Mobile. . by FICO.

Best Practices

VISTA InfoSec

AUGUST 22, 2023

As technology advances and the use of biometric data becomes more prevalent, it is crucial to address the privacy concerns and regulatory compliance associated with this sensitive data. Artificial Intelligence (AI) can also be utilized to ensure compliance and responsible handling of biometric data.

Privacy

VISTA InfoSec

SEPTEMBER 27, 2024

They are appointed based on article 37 of GDPR , and help organizations stay compliant with data protection laws by overseeing data security policies, monitoring internal compliance, and providing expert advice for staffs managing the potential data privacy risks. Working closely with the supervisory authority on processing-related matters.

CCPA

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

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