Finextra

JUNE 6, 2025

Compliant exchanges implement robust Know Your Customer ( KYC ) procedures and Anti-Money Laundering ( AML ) protocols. Published audit results. Regular financial audits by established accounting firms. Please read our Privacy Policy. The Commodity Futures Trading Commission (CFTC) for commodity-based cryptocurrencies.

Cryptocurrency

Finextra

JULY 7, 2025

The Security Fortress: Protecting Data in a Vulnerable World At the heart of this reluctance lies a deep-seated concern for data security and privacy. This includes implementing robust access controls, multi-factor authentication, and regular security audits.

AI

Finextra

JULY 7, 2025

ensuring the underlying shares are held in segregated accounts, regularly audited), investors should be mindful that “not your keys, not your coins” extends to “not your shares” in this context. Please read our Privacy Policy. While reputable and regulated issuers mitigate this risk (e.g.,

Blockchain

Fintech Weekly

JUNE 10, 2025

Based on DevCom’s audit projects, we've seen companies incur avoidable costs due to inadequate review procedures. We don’t just audit and walk away—we help teams implement changes, improve skills, and evolve their review processes over time.

Blockchain

Segpay

DECEMBER 13, 2024

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. Africa and Asia show different levels of adoption with resp.

Privacy

VISTA InfoSec

JUNE 26, 2024

In addition, there’s a need for information security measures to protect the integrity and privacy of data and operational security. This preparedness includes implementing advanced security technologies, conducting regular security audits, and training employees on cybersecurity best practices.

Cybersecurity

VISTA InfoSec

MAY 24, 2024

It helps fulfil its legal and regulatory obligations related to data protection and privacy to prevent the risk of facing legal action, regulatory fines, and sanctions for failing to safeguard customer information adequately. Develop and document security policies and procedures tailored to business operations. of PCI DSS.

PCI DSS

Fintech Finance

JUNE 13, 2024

EBANX , a global technology company specializing in payment services for emerging markets, has achieved the top international certification for Privacy Information Management Systems (PIMS), ISO/IEC 27701:2019. This certification ensures that the best practices available in the market for protecting data privacy are being strictly followed.

ISOs

VISTA InfoSec

SEPTEMBER 28, 2023

Until then, businesses should adhere to existing Indian privacy laws, primarily the Sensitive Personal Data or Information Rules (SPDI) 2011. Appoint an Independent Data Auditor: The Significant Data Fiduciary shall appoint an independent data auditor to carry out a data audit. Why Must Data Fiduciaries Comply With the DPDP Act?

Audit

VISTA InfoSec

OCTOBER 26, 2023

SOX establishes regulations around financial reporting, mandates internal control audits, and strengthens corporate governance. The SOC framework includes multiple internal control audit reports. Now let’s examine the key differences between SOC and SOX audits. It applies to all U.S. SOX, a U.S.

Audit

VISTA InfoSec

JULY 17, 2024

The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy. Develop and implement policies and procedures Developing and implementing policies ensures everyone knows what to do to keep data safe, no matter the language they speak. Think about the various regulations around the world.

Cybersecurity

Nanonets

MAY 8, 2023

If not, it may be time to rework your current accounting policies to implement audit trails. Despite what many business owners believe, audit trails aren’t reserved only for companies that receive an audit. Audit trails can prevent fraud, aid in disaster recovery, and ensure compliance with regulatory agencies.

Audit

PYMNTS

MAY 16, 2018

SOC 2 was developed by the American Institute of Certified Public Accountants (also known as AICPA) and exists as an auditing process aimed at ensuring that service providers maintain and manage customer data in a safe manner. The onus is on the firm to produce proof that such procedures were followed.

Audit

VISTA InfoSec

JANUARY 29, 2024

a Review documented policies and procedures to confirm that a process is established for regular evaluations of any system components that are not susceptible to malware, encompassing all elements specified in this requirement. Audit logs for the anti-malware solution(s) are activated and preserved in line with Requirement 10.5.1.

PCI DSS

Nanonets

AUGUST 1, 2023

In the rapidly evolving world of auditing, innovative technologies have revolutionized traditional practices. Auditors are now increasingly embracing the agile auditing approach previously used in software development. This strategic allocation of resources optimizes auditing efforts, leading to more focused and effective audits.

Audit

VISTA InfoSec

JULY 31, 2023

Create a Formal Procedure : Establish a standardized process for restricting network access by configuring rules and criteria for your firewalls and routers. Maintain Documentation of Your Procedures : Keep a record of your process and create visual representations of cardholder data streams between systems and networks.

PCI DSS

VISTA InfoSec

OCTOBER 21, 2024

The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy. Develop and implement policies and procedures Developing and implementing policies ensures everyone knows what to do to keep data safe, no matter the language they speak. Think about the various regulations around the world.

Cybersecurity

Nanonets

AUGUST 1, 2023

Over the years, the auditing landscape has undergone remarkable transformations, and among the most significant advancements has been the advent of audit automation software solutions. Computer-Assisted Audit Tools and Techniques (CAATTs) have been available to auditors since the early 1990s. The situation has changed now.

Audit

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. This is important for protecting patients’ privacy and preventing financial losses. A PCI QSA audit can provide assurance that you’re on the right track.

PCI DSS

The Fintech Times

SEPTEMBER 13, 2024

There are effective, comprehensive data security and privacy platforms that relieve the burden of compliance by continuously classifying and discovering data. Murray Campbell , product manager at AutoRek “Data transparency is critical, especially when demonstrating the robustness of the reconciliation process during audits.

Compliance

FloQast

JANUARY 1, 2025

Automatic updates on changes in financial regulations can be integrated into AI systems, allowing your business to remain compliant without dedicating time and resources to manually updating your procedures. Audits will shift from reactive investigations to proactive processes, eliminating stress from the top down.

AI

CB Insights

MARCH 21, 2018

Combating fraud is one of the most compelling use-cases of the blockchain, which can provide insurers and insurees a permanent audit trail that can be used to evaluate claims. But an insurance audit trail isn’t just useful for preventing fraud. ” Second, rigid privacy laws lead to data siloes within organizations.

Blockchain

FloQast

OCTOBER 27, 2023

Write clear internal policies and procedures : Staff at all levels must understand the rules. For this reason, policies and procedures should be simple, clear, and concise. Provide training to all accounting staff : Train all Accounting Staff on the company’s compliance policies and procedures.

Compliance

The Payments Association

MAY 16, 2025

Applicable to large organisations, the offence imposes criminal liability if firms do not have adequate fraud prevention procedures in place, even if senior leadership is unaware of the misconduct. Next steps/action required: Commission a digital accessibility audit of all consumer-facing platforms and payment interfaces.

Regulations

Stax

JANUARY 15, 2024

Follow these tips to stick to federal regulations: Refer to federal regulations when drafting internal policies and procedures. Conduct regular internal audits—preferably on an annual or biannual basis—to assess ongoing compliance with federal regulations. Security audits. End-to-end encryption.

Credit Cards

Neopay

JUNE 27, 2024

Compliance policies and procedures: Develop comprehensive compliance policies and procedures that address key regulatory requirements, such as anti-money laundering (AML) and Know Your Customer (KYC) obligations (see below). Staff training: Provide regular training to your staff on AML obligations, red flags, and reporting procedures.

Financial Crimes

The Fintech Times

SEPTEMBER 4, 2024

” ‘Headache’ over new rules “From a data privacy and cybersecurity perspective, I think the greatest challenge for compliance teams currently is keeping abreast of all the legislation, rules and regulations applicable to their organisation,” says Sarah Pearce , partner at law firm Hunton Andrews and Kurth.

Compliance

Stax

MARCH 6, 2024

Data security and privacy Merchants must implement robust security measures to protect sensitive information from breaches and unauthorized access. This includes encryption and tokenization of payment data, secure storage practices, and regular security audits. Q: Does recurring payment mean automatic?

Best Practices

Nanonets

JUNE 27, 2023

Regulatory compliance and auditing Compliance with industry regulations and retention policies is critical for businesses. Document digitization enables better control and management of compliance-related documents, ensuring adherence to regulatory requirements and facilitating auditing processes.

Product

PYMNTS

AUGUST 7, 2019

The digital ID industry is devoting an immense amount of effort and capital to protecting digital identities as data breaches and privacy concerns continue to make headlines on a regular basis. The Government Accountability Office (GAO), the supreme audit institution of the United States, agrees with Temoshok.

Multifactor Authentication

Segpay

DECEMBER 7, 2023

The main objectives of the DSA are to: Ensure high-level protection for users’ fundamental rights online, such as freedom of expression, privacy, data protection, non-discrimination, and consumer protection.

Compliance

PYMNTS

JULY 19, 2018

But the regulatory landscape is becoming more unforgiving in some ways, with data privacy and consumer protection top of mind. A lot of organizations will require certain right to audit clauses or assurance provisions within their contracts to allow periodic testing to occur to make sure of things like security and privacy of data.”.

Risk

Finextra

JUNE 5, 2025

Access to the Financial Ombudsman Service (FOS) BNPL customers can now escalate complaints to FOS, increasing the importance of auditable redress processes and timely resolution. Complaint handling will need to be FOS-ready This includes robust audit trails, clear redress pathways, MI reporting on themes, and training on FOS processes.

BNPL

Nanonets

APRIL 12, 2024

Quality Control:  Businesses may struggle to ensure that external providers adhere to established standards and procedures. Compliance Risks: Outsourcing reconciliation services may introduce compliance risks, particularly concerning regulatory requirements and data privacy laws. 

Reconciliation

Nanonets

JULY 28, 2023

Document workflow management procedures exist in most companies, but their formality varies. Audit trails track document views, access times, and modifications, improving document security. Automated records retention schedules and easier classification and storage of documents help meet strict security and privacy guidelines.

Disaster Recovery

Nanonets

JULY 21, 2023

In addition to accelerating the reconciliation process, reconciliation software also enables an audit trail, significantly improving transparency and accountability. Once approved, the reconciled data is securely stored in a centralized database, ensuring an auditable trail.

Reconciliation

Nanonets

NOVEMBER 15, 2023

Staggeringly, 79% of SMEs and 68% of mid-market firms cite manual data input and inefficient procedures as their primary pain point. Automate reporting and audit trails With paper-based systems, these tasks often require more time and effort. It complies with global privacy standards, including GDPR and CCPA.

Accounts