VISTA InfoSec

MARCH 6, 2024

In this post, we’ll break down the key changes to Requirement 10 from PCI DSS 3.2.1 assessment, understanding these changes to Requirement 10 will help you strategize your implementation approach. System Configuration Outlines specific best practices (central time servers, external sources based on Atomic Time/UTC, peer syncing).

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

FICO

FEBRUARY 5, 2018

In this blog, Bob shares insights into best practices he’s found for creating a culture of fraud prevention. The bottom line is that fraud risk controls must be customer-friendly, agile, layered, integrated and enable real-time risk assessment to support the complexity and speed of the digital world.

Best Practices 60

Best Practices Identity Theft Online and Mobile Banking Risk 60

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

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

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

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

MARCH 5, 2024

This blog post will delve into one such critical area – Requirement 9: Restrict Physical Access to Cardholder Data. Whether you’re a business owner, a security professional, or just someone interested in data security, this blog post will provide you with valuable insights into the latest updates in PCI DSS Requirement 9.

PCI DSS 147

PCI DSS Procedures Assessments Checks 147

FICO

MARCH 11, 2020

In this blog post I will look at: The growing problem of subscription fraud. Here are 4 best practices to fight subscription fraud. Start with a First Party Fraud (FPF) exposure assessment undertaken by reviewing across products, services and channels, identifying ownership & size of the FPF problem by department.

Best Practices 52

Best Practices Identity Theft Risk Rules 52

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 Government Governance Fraud Prevention 52

FICO

JANUARY 6, 2021

Posts dealing with debt collection were among the most popular on the FICO Blog last year, for obvious reasons. Here were the five most popular posts in this category last year: #1. Bruce Curry brought his experience to bear in a series of posts, beginning with this one. 8 Success Tips For Debt Collection In The Pandemic.

Posting 98

Posting Credit Risk Risk Returns 98

VISTA InfoSec

FEBRUARY 28, 2024

These practices adhere to industry security standards and the NIST Special Publication 800-63 guidelines, supporting the payment ecosystem. In this blog post, we will delve into the changes introduced in PCI DSS Requirement 8 from version 3.2.1 Requirement 8.6.1: (This requirement is a best practice until 31 March 2025.)

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

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

FICO

JANUARY 6, 2022

In this post, I’ll discuss the four imperatives of conducting experiments in credit management that should drive this continuous improvement cycle, and the technological underpinnings that can help make these experiments achieve successful results. The culture of failing smart should be cherished and celebrated.

Best Practices 52

Best Practices Origination Authentication Process 52

Fintech Finance

MAY 22, 2025

Standards & Best Practices: Building trust in the digital ecosystem by setting measurable cybersecurity benchmarks and enabling institutions to track progress through clearly defined improvement targets. The post Mastercard Launches Cyber Resilience Center in Saudi Arabia appeared first on FF News | Fintech Finance.

Visa 88

Visa Cybersecurity Best Practices Risk Mitigation 88

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 109

Consumer Protection Consumer Risk Management Best Practices 109

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 134

Deepfake Scams Fraud Detection Verification 134

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.

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 ). You may also post your questions in the comment section to get answers to your queries. They require an annual on-site assessment by a Qualified Security Assessor (QSA) and quarterly scans.

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 ). You may also post your questions in the comment section to get answers to your queries. They require an annual on-site assessment by a Qualified Security Assessor (QSA) and quarterly scans.

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

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. ” The post ServiceNow Lands AI Partnerships with Visa and EY appeared first on Fintech Singapore.

AI 120

AI Disputes Risk Management Risk Assessment 120

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

Fintech News

FEBRUARY 7, 2024

Developers are also encouraged to review their apps’ permissions and adhere to best practices to avoid potential blocks by Play Protect. Eugene Liderman “Together with CSA, we will be closely monitoring the results of the pilot program to assess its impact and make adjustments as needed.

Blocks 109

Blocks Scams Best Practices Adjustments 109

EBizCharge

MAY 22, 2025

Thankfully, this article will guide you through best practices for streamlining invoicing and billing processes to transform financial management and operations. The following section will explore best practices for combatting these common issues.

Process 52

Process Best Practices Reconciliation Automation 52

VISTA InfoSec

FEBRUARY 21, 2024

In this blog post, we will explore the detailed sections and overviews extracted directly from PCI DSS v4.0. This requirement is a best practice until 31 March 2025.) Perform bi-annual reviews of user accounts (including vendors). Ensure access aligns with roles, adjusting it if needed. Obtain official sign-off for appropriate access.

PCI DSS 130

PCI DSS Database Best Practices Procedures 130

The Payments Association

MAY 12, 2025

Increasingly, firms are demanding granular, lifecycle-based assessments that go beyond infrastructure or cloud impact alone. By leveraging a common framework, based on sector-specific guidance and lifecycle thinking, organisations can assess their digital emissions in a way that is repeatable, comparable, and actionable.

Assessments 88

Assessments ISOs Credential Product 88

Fintech Review

JUNE 18, 2024

Best Practices for Hedge Fund Operations Implement strong governance and oversight. Assess operational risk regularly. The post Why Hedge Fund Admin Software is Crucial to Your Back Office appeared first on Fintech Review. They continually collaborate to execute strategic trading maneuvers.

Reconciliation 98

Reconciliation Compliance Regulatory Compliance Best Practices 98

FICO

MARCH 29, 2016

In simplest terms, Customer Experience Maturity is the breadth, depth, and frequency at which your company applies the best practices of Customer Experience Management (CEM). Just like an athlete must train and put in the effort to build the right muscle and muscle memory, so must your company put forth effort on best practices.

Best Practices 65

Best Practices Assessments Posting 65

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

JANUARY 23, 2024

In our previous posts, we’ve covered the various requirements of this critical security standard. Networks that store, process, or transmit cardholder data naturally fall within the PCI DSS scope and must be assessed accordingly. Refer to vendor recommendations/best practices.) New requirement: 4.2.1

PCI DSS 130

PCI DSS Encryption Procedures Best Practices 130

Clearly Payments

JANUARY 8, 2024

Identifying and Assessing Risks Understanding the lay of the land is the first step in effective risk management. Conducting a thorough risk assessment tailored to the specific nature of the business is essential. One key practice involves prioritizing customer satisfaction through the delivery of exceptional customer service.

Risk Management 97

Risk Management Risk PCI DSS Process 97

The Payments Association

MARCH 25, 2025

Issuers must navigate domestic, EEA, and global payment network compliance requirements, which are further complicated by post-Brexit regulatory changes. Key questions to consider include: Who assesses the impact and scope of the requirements? In the UK, this challenge is even bigger. How is it embedded into their development plans?

Compliance 88

Compliance Payment Networks Issuers Best Practices 88

FICO

DECEMBER 19, 2022

Assessing Digital Identity — You Need to Ask “Who?” With this framework, FIs can effectively take false positives and assess for authorized fraud/scam exposure. See all Posts. Related posts. AND “Why?”. FICO Admin. Thu, 08/22/2019 - 12:37. by Adam Davies. Vice President, Product Management. expand_less Back To Top.

Assessments 52

Assessments Scams Authentication Authorization 52

Fintech Review

FEBRUARY 13, 2024

Regulators play a key role in assessing and mitigating the systemic risks posed by fintech innovations. This monitoring is not only about risk assessment but also about understanding the interconnectedness of fintech operations with the global financial system. Beyond legal and technical measures, consumer education is vital.

Consumer Protection 105

Consumer Protection Innovation Consumer FinTech 105

Fi911

JANUARY 31, 2024

AI-driven credit scoring models can rapidly assess an applicant’s creditworthiness, potentially reducing waiting times for loan approvals and enhancing customer satisfaction. The post The Role of Generative AI in the Banking Industry: A Call for Cautious Exploration appeared first on fi911blog.

AI 105

AI MFA Regulatory Compliance Best Practices 105

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. In the following sections, we’ll delve into the legal framework, compliance standards, and best practices to navigate the complexities of surcharging. Security audits.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88