VISTA InfoSec

NOVEMBER 7, 2023

Mutli-Factor Authentication (MFA) isn’t a new concept. What Is Multi-Factor Authentication? Let’s start with another simple definition – multi-factor authentication is any authentication method where more than one criterion has to be satisfied before access is granted to digital assets.

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Authentication MFA Cybersecurity Credential 130

Fintech Finance

NOVEMBER 13, 2024

Where passwords or one-time codes are obsolete, and secure on-device biometrics allow seamless authentication across devices and websites, ensuring personal data stays on the device. Imagine a future where no physical card numbers are needed for purchases.

Visa 98

Visa Authentication Payments Issuers 98

VISTA InfoSec

FEBRUARY 25, 2024

User Account Details Usernames, passwords, security questions, login timestamps, failed login attempt logs, password reset tokens, multifactor authentication details, and session IDs. Accidental data leaks by insiders mishandling information also trigger breaches frequently.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

Fintech Finance

DECEMBER 12, 2024

Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch near a payment terminal to make a contactless payment.

Visa 98

Visa Central Bank Debit Card Encryption 98

Fintech Finance

NOVEMBER 28, 2024

Unlike traditional PINs or passwords, sAxess utilizes fingerprint authentication and other biometrics to ensure that only authorized individuals can access sensitive data. It offers something that goes beyond encryption alone, empowering users to take control of their digital assets.”

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Security Transactions NFTs Blockchain 116

Fintech Finance

JANUARY 20, 2025

Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch near a payment terminal to make a contactless payment.

Contactless Payments 105

Contactless Payments Debit Card Encryption CHIPS 105

Stax

MARCH 6, 2025

The system generates a one-time encrypted code for each transaction, preventing fraudsters from stealing payment data. These 7 contactless payment methods come with built-in security features like encryption, tokenization, and proximity-based protection. Enable two-factor authentication (2FA) for high-value transactions.

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Contactless Payments Online and Mobile Banking Encryption CHIPS 88

VISTA InfoSec

OCTOBER 21, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. The TPM can securely store and generate cryptographic keys, passwords, certificates, and encryption keys.

Cybersecurity 189

Cybersecurity Encryption Fraud Detection CHIPS 189

VISTA InfoSec

MARCH 28, 2024

Data Security To secure customer data, employ encryption for data at rest and in transit. This means encrypting data on your servers and any data being sent over the internet. Use strong, unique passwords and consider multi-factor authentication for an added layer of data security.

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Data Breach Regulatory Compliance Breach Encryption 278

Stax

AUGUST 20, 2024

One solution to counter this problem is 3D Secure Authentication. This article will discuss what 3D Secure Authentication is and how the 3DS authentication process works. We will also examine the benefits of using 3D Secure Authentication for merchants and provide some tips on implementing it at online checkout.

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

PYMNTS

FEBRUARY 13, 2020

So before we add another layer of authentication , we should ask, is this actually going to serve a purpose or solve our problem?”. What is necessary, said Xie, is a different, more holistic paradigm for fighting fraud – with a broad goal of not adding more authentication steps, but fewer. The Zero-Authentication Future.

Authentication 98

Authentication Bots Identity Theft Mitigation 98

The Nilson Report

JANUARY 25, 2024

The post MagTek Introduces AES-256 Encryption with CMAC Authentication appeared first on Nilson Report.

Encryption 52

Encryption Authentication Posting Gateways 52

Fintech Finance

FEBRUARY 20, 2025

Key security features include: Advanced Machine Learning Fraud Detection: Prevent unauthorized access with IP Allowlisting & Multi-Factor Authentication (MFA), and monitor suspicious activity with user behavior analytics. Distributed denial of service (DDOS) protection ensures all traffic is protected from malicious threat actors.

PCI DSS 86

PCI DSS Security Payment APIs and Integration MFA 86

VISTA InfoSec

OCTOBER 21, 2024

This is chiefly due to the fact that quantum computers will be able to hack through current common encryption algorithms like RSA, ECDSA, and ECDH. As it stands, there’s already a potential fix in the form of cloud-based quantum-proof encryption, which is expected to be a larger focus in the coming years.

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Cybersecurity Encryption Scams Cryptocurrency 221

Fintech Finance

NOVEMBER 27, 2024

while protecting customers through tools like strong customer authentication (SCA), 2-factor authentication, and PCI DSS data encryption.

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PCI DSS Alternative Payment Methods Payments Data Encryption 105

Fintech Finance

DECEMBER 18, 2024

Key Benefits for TCB Pay Merchants: Enhanced Security : Every transaction is encrypted and authenticated through Apple Pay’s robust security features like Face ID and Touch ID , reducing fraud risks. Frictionless Checkout : Customers can complete payments with just a tap, ensuring a fast and smooth experience.

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Federal Reserve Contactless Payments Encryption Security 93

VISTA InfoSec

JANUARY 18, 2024

This includes, but is not limited to, default wireless encryption keys, passwords, and SNMP community strings. This includes, but is not limited to: -> Default wireless encryption keys. -> Passwords on wireless access points. -> SNMP defaults. -> Any other security-related wireless vendor defaults.

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PCI DSS Procedures Encryption Security 289

Stax

MARCH 18, 2025

Payment gateway – The service that encrypts and securely sends payment details from the customer to the payment processor and back to the merchant. Payment information is encrypted and sent for authorization – The payment gateway encrypts and sends the payment details to the payment processor.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

The Fintech Times

APRIL 2, 2025

WhatsApp prides itself on the security of its encrypted messages, however, according to new research from Revolut, the global fintech with 11 million UK customers and 50 million globally, UK consumers are losing an average of 2,437 from scams originating on the communications platform. Encryption does not equate to immunity from scams.

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Scams Consumer Financial Crimes Encryption 59

The Paypers

JANUARY 24, 2025

Entrust has launched an AI-powered identity verification as a new tool for its IDaaS platform, enabling facial biometric authentication by verifying users against their encrypted identity.

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Authentication AI Encryption Verification 68

Fintech Review

APRIL 20, 2025

In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring. Cybertech helps mitigate these risks by securing each layer of the stack from device authentication to back-end systems. It also enables faster, safer innovation.

Finance 59

Finance Security Fraud Detection Encryption 59

The Payments Association

MARCH 19, 2025

Technological advancements, including NFC, QR codes, and biometric authentication, have made digital wallets more user-friendly and secure. Digital wallet providers must: Implement robust encryption and tokenisation to protect card details and transaction data. Regulatory challenges Regulators are in a race against time.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Fintech News

NOVEMBER 13, 2024

Citing concerns about online fraud, which occurs at seven times the rate of in-store fraud, Mastercard proposes a system that relies on tokenisation and biometric authentication, such as fingerprints and facial recognition. With this shift we are protecting sensitive data through advanced encryption and tokenisation technologies.

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Visa Authentication Issuers Encryption 145

VISTA InfoSec

AUGUST 8, 2023

Encrypting your most critical data in return for a huge payment before restoring access. Make Strong Password Usage and Multi-Factor Authentication Necessary There has been a huge report of employee passwords being compromised or stolen due to missing devices and other factors. 5/5 - (2 votes)

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Small Business Encryption Ransomware Cybersecurity 130

Cardfellow

APRIL 27, 2025

That team may decide to use a fingerprint login with multi-factor authentication and then test it with a qualified security assessor to confirm it provides equal (or better) security than the 12-character minimum password requirement. Required Multi-Factor Authentication (MFA) Version 4.0

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 52

Stax

JANUARY 21, 2025

Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. A payment gateway is a tool that allows merchants to authenticate and receive payments from their customers electronically. Learn More What is a Payment Gateway?

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Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

Clearly Payments

NOVEMBER 13, 2024

Although BINs play a critical role in how payments are processed and authenticated, they often go unnoticed by the average consumer or merchant. Card Verification and Authentication : BINs support the verification process by providing immediate access to the issuing institution’s information.

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Process Processors Payments Compliance 104

Clearly Payments

MARCH 14, 2025

Merchant Sends Transaction Request : The merchant’s POS system or online payment gateway encrypts and transmits the transaction data to the acquiring bank or payment processor. 3D Secure Authentication : Adds an additional verification step for online transactions, such as a one-time password (OTP) or biometric authentication.

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Stax

JANUARY 28, 2025

Click to Pay is based upon global EMV Secure Remote Commerce (SRC) standards, which include security measures like tokenization , multi-factor authentication , and 3D Secure protocols. The customer will then input the passcode to complete the authentication process. It is also built to be super secure.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

Fi911

FEBRUARY 26, 2025

Control Objective 2: Protect Cardholder Data Protect Stored Cardholder Data: Store only essential data and encrypt it using robust algorithms such as AES-256. Encrypt Transmission of Cardholder Data Across Open Networks: Use secure protocols like TLS or IPsec to prevent data interception during transmission.

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PCI DSS Compliance MFA Assessments 54

The Fintech Times

JANUARY 20, 2025

Additionally, it was created to ensure compliance with regulatory requirements like strong customer authentication (SCA). Enhanced security without compromise: Flexible two-factor authentication methods align with regulatory requirements like SCA while maintaining a smooth user experience for customers. ” EMV 3DS 2.3.1.1

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EMV Payment APIs and Integration Authentication Processors 59

VISTA InfoSec

JANUARY 23, 2024

Malicious individuals often exploit misconfigured wireless networks and vulnerabilities in outdated encryption and authentication protocols to gain access to cardholder data environments (CDE). Protection can be achieved by encrypting the data prior to transmission, the session during transmission, or both.

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PCI DSS Encryption Procedures Best Practices 130

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web.

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Transactions Security Encryption CCPA 93

EBizCharge

MARCH 18, 2025

PCI-compliant Sage 100 payment software providers must maintain strict security standards and enforce various measures, such as advanced encryption and tokenization, to safeguard sensitive payment data. By adhering to these standards, businesses can reduce data breach risks and maintain regulatory compliance.

Credit Cards 52

Credit Cards Process Security Data Breach 52

VISTA InfoSec

NOVEMBER 12, 2024

PCI DSS Requirements for SaaS platforms Network security : SaaS platforms must secure their networks using firewalls, encryption, and other measures to prevent unauthorized access to sensitive data ( Requirement 1.1 ). Data protection : Cardholder data should be encrypted both in transit and at rest ( Requirement 3.4 ).

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PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

PCI DSS Requirements for SaaS platforms Network security : SaaS platforms must secure their networks using firewalls, encryption, and other measures to prevent unauthorized access to sensitive data ( Requirement 1.1 ). Data protection : Cardholder data should be encrypted both in transit and at rest ( Requirement 3.4 ).

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

APRIL 3, 2024

Encryption is a vital safeguard that transforms data into a format that is unintelligible without the corresponding decryption key. Encrypted data remains safe from prying eyes both in transit and at rest. Implementing strong encryption protocols is a critical step towards securing an organization’s data ecosystem.

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Cybersecurity Encryption Breach Phishing 130