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What is a BIN in Payment Processing

Clearly Payments

Merchants in high-risk categories, such as online gaming, travel, and adult services, benefit from BIN data as it helps processors manage risk levels and ensure compliance with industry regulations. New processors must be prepared to demonstrate compliance and may need to undergo regular audits to meet these standards.

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Can Agentic AI in Fintech Transform Financial Services Through Autonomous Intelligence?

Fintech News

It could enable self-optimising financial assistants, adaptive credit assessments, and proactive compliance monitoring, making financial services more intelligent, efficient, and inclusive. Theres a risk that AI could inadvertently expose data through cyberattacks, algorithmic vulnerabilities, or insufficient safeguards.

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The Walls Within: Why Organizations Cling to Data Silos in the Age of AI

Finextra

Rather, its a complex tapestry woven with threads of business strategy, legal compliance, technical limitations, and ingrained organizational culture. Maintaining data silos is often seen as a practical way to simplify compliance by limiting the scope of data that needs to be protected.

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How to Improve Compliance with Multilingual Cybersecurity Resource

VISTA InfoSec

The significance of multilingual cybersecurity compliance Making sure cybersecurity talks to everyone in their language is more than smart; it’s a must. Here are two aspects where multilingual cybersecurity compliance helps the most: 1. Outline regular audit processes to check compliance with these policies.

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How to Appoint a Qualified Data Protection Officer(DPO)?

VISTA InfoSec

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.

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Securing Your Wealth: How Cybersecurity Affects Investment Decisions

VISTA InfoSec

Such due diligence is of interest to you as an investor because cybersecurity affects the following: Regulatory Compliance Businesses with strong compliance records are safer investments, capable of mitigating risks and sustaining growth. The consequences of non-compliance extend beyond immediate financial penalties.

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Guarding the Gates: Data Compliance and Privacy

Segpay

The rise of data privacy concerns has led to a surge in global regulations, such as the EU General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), which are drafted to protect peoples individual data protection rights. Non-compliance can lead to severe penalties, up to 4% of a company’s global revenue.

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