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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

The Regulatory Minefield as Agentic AI Picks Up Its Pace As Agentic AI rapidly evolves in its development and application, regulators face several concerns that need to be carefully addressed to ensure its safe and ethical use within the fintech sector. What Lies Ahead?

AI 87
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The Walls Within: Why Organizations Cling to Data Silos in the Age of AI

Finextra

Compliance is King: Navigating the Regulatory Minefield: Regulations like GDPR (General Data Protection Regulation), CCPA (California Consumer Privacy Act), HIPAA (Health Insurance Portability and Accountability Act), LGPD (Lei Geral de Proteção de Dados - Brazil) , and industry-specific mandates demand robust data privacy and security measures.

AI 59
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How to Appoint a Qualified Data Protection Officer(DPO)?

VISTA InfoSec

Their key responsibilities as per article 39 of GDPR include: Guiding the controller, processor, and employees on their data protection obligations under relevant regulations, such as GDPR, CCPA, and others. Ensuring adherence to data protection laws, internal policies, and overseeing responsibilities, training, and audits.

CCPA 208
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Data Protection Officers and Their Key Responsibilities

VISTA InfoSec

A data protection officer role is to act as a bridge between organizations, its employee, and the regulatory authorities ensuring that the handling of personal data is safe, lawful and in line with regulations like GDPR (General Data Protection Regulation). Key Responsibilities of a Data Protection Officer 1.Monitoring

CCPA 130
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Data Protection Officers and Their Key Responsibilities

VISTA InfoSec

A data protection officer role is to act as a bridge between organizations, its employee, and the regulatory authorities ensuring that the handling of personal data is safe, lawful and in line with regulations like GDPR (General Data Protection Regulation). Key Responsibilities of a Data Protection Officer 1.Monitoring

CCPA 130
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Securing Your Wealth: How Cybersecurity Affects Investment Decisions

VISTA InfoSec

Non-compliance with regulations like GDPR, HIPAA, and CCPA can have severe repercussions, including hefty fines and operational restrictions. This preparedness includes implementing advanced security technologies, conducting regular security audits, and training employees on cybersecurity best practices.