Finovate

JUNE 12, 2025

The Academy is designed to instruct consultants on best-practices and provide them with practical skills to review AML/KYC processes and ensure regulatory compliance. “ID-Pal Once ensures that only genuine, verified identities are reused and importantly, doesn’t use humans to access the data.

Verification 52

Verification AML Returns Deepfake 52

VISTA InfoSec

FEBRUARY 25, 2024

Best Practices For Prevention Ultimately, consistent vigilance and proactive security safeguards offer the best breach protections. Encrypt Data Flows Implement encryption for data in transit over networks and at rest within databases/servers to ensure meaningless ciphertext even if intercepted.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

VISTA InfoSec

MAY 23, 2024

These resources include storage resources, cloud compute instances, database resources, network resources, and identity and access management resources. Meanwhile, database resources can have vulnerabilities such as misconfigurations and stolen credentials that allow cybercriminals to steal critical data and extort organizations.

Compromise 288

Compromise Database Best Practices Shutdown 288

VISTA InfoSec

JUNE 18, 2024

Don’t overlook data at rest—files sitting idle on servers or databases. Train Your Staff On Cybersecurity Best Practices Your staff is your first line of defense against cyber threats, but if untrained, they can also be unintentional vulnerabilities. Encrypt this dormant yet valuable information to prevent snooping.

Data Security 266

Data Security Security Encryption Cybersecurity 266

VISTA InfoSec

FEBRUARY 21, 2024

. - But how did users interact with the databases? Well, all user access, queries, and actions on databases were done through programmatic methods. And who could directly access or query databases? Only database administrators had that privilege. What about application IDs for database applications?

PCI DSS 130

PCI DSS Database Best Practices Procedures 130

VISTA InfoSec

FEBRUARY 28, 2024

Changes Core Focus Limiting database access to programmatic methods (apps, stored procedures) and database administrators. Terminology Applications should use their own IDs, not individual user IDs to access the database. Requirement 8.6.1: (This requirement is a best practice until 31 March 2025.) Requirement 8.3.6:

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

Fintech News

MAY 13, 2024

The upcoming service will provide exclusive access to a comprehensive trade database, designed to offer detailed insights into trading patterns, price dynamics, and liquidity in the VCM. CIX plans to further enhance its trade database and introduce new benchmarks tailored to evolving market needs.

Database 111

Database Best Practices Participant FinTech 111

VISTA InfoSec

MAY 15, 2025

This article explores key security controls within the SWIFT CSP compliance framework and outlines best practices for financial institutions to strengthen their SWIFT security posture. Database Integrity 6.4 To align with SWIFT CSP requirements, you should consider the following best practices: 1.

SWIFT 100

SWIFT Security Best Practices PCI DSS 100

Nanonets

JUNE 12, 2024

While small businesses might see sense in maintaining their purchase records in Excel or other such database, it is still advisable to go for a dedicated procurement software to document a business' purchases. they provide easy purchase requisition forms and templates for POs.

Best Practices 52

Best Practices Automation Small Business Process 52

Nanonets

OCTOBER 1, 2024

Automatically enhance invoice data by pulling relevant information from connected databases, filling in gaps, and ensuring completeness. These tools allow you to look up vendor information from databases or from your Netsuite, Xero, QuickBooks, or other accounting systems.

Best Practices 40

Best Practices Automation Multi-Currency Duplicate 40

Fintech Review

JUNE 18, 2024

By eliminating needless information transfers from spreadsheets, databases, and PDFs, data can be easily shared and utilized by all team members. Best Practices for Hedge Fund Operations Implement strong governance and oversight. They continually collaborate to execute strategic trading maneuvers.

Reconciliation 98

Reconciliation Compliance Regulatory Compliance Best Practices 98

Segpay

DECEMBER 13, 2024

In identity management, this right is challenging, particularly if a users information is stored in various authentication databases. For instance, decentralized identity solutions using blockchain could allow users to control their own identity data, reducing reliance on centralized databases that are vulnerable to breaches.

Privacy 105

Privacy Compliance CCPA Authentication 105

VISTA InfoSec

FEBRUARY 16, 2024

a: Verify that software-development processes align with industry standards/best practices. - The software should be developed based on industry standards and/or best practices for secure development. - Use database safeguards (parameterized queries) to stop injections. PCI DSS v3.2.1 PCI DSS v4.0 Requirement 6.3

PCI DSS 100

PCI DSS Procedures Best Practices Verification 100

PYMNTS

AUGUST 28, 2019

The affected customer database, however, contained old Incapsula records that only go up to Sept. In addition, we will share learnings and new best practices that may come from our investigation and enhanced security measures with the broader industry. 15, 2017. “We

Breach 65

Breach Cybersecurity Best Practices Database 65

The Fintech Times

FEBRUARY 1, 2024

Techtrust , a tech staffing firm exclusively focused on fintech, has officially launched its ‘FinTech Talent Hub’, a new talent database aiming to support the industry with top-tier technical expertise. This funding not only established an unparalleled talent database, but also fueled the launch of a new knowledge centre.

FinTech 59

FinTech Database Accreditation Best Practices 59

PYMNTS

SEPTEMBER 23, 2020

Senior citizens are the demographic group most vulnerable to identity fraud, as they are often not as digitally savvy as their younger counterparts nor as adept in online security best practices.

Identity Theft 83

Identity Theft Financial Crimes Technology Crime 83

PYMNTS

JANUARY 7, 2020

With the Sustainability Cloud, though, there can now be a greater accountability in terms of “peer benchmarking, anonymized data to track progress, communities to share best practices, and ways to input supply chain information,” Flynn said.

Product 53

Product Database Best Practices Audit 53

PYMNTS

JUNE 6, 2016

. “We’re effectively taking 20–30 years of industry best practices for a manufacturing company,” Humphlett said of the firm’s latest rollout of its manufacturing-focused Implementation Accelerator. But for smaller companies especially, that’s hardly the norm. Otherwise, their performance will suffer.

Best Practices 40

Best Practices Database On-Demand Process 40

PYMNTS

JULY 24, 2019

This new division and these appointments position DFS as the regulator of the future, allowing the Department to better protect consumers, develop best practices, and analyze market data to strengthen New York’s standing as the center of financial innovation.”. The company then pulled the database offline.

Regulations 43

Regulations Database Bitcoin Best Practices 43

FICO

DECEMBER 6, 2019

At FICO we have integrated the Offshore Leaks Database by the International Consortium of Investigative Journalists (ICIJ) to screen customers against and explore any existing offshore connections to better assign appropriate levels of risk for ongoing customer due diligence requirements. Use of such systems is a best practice.

AML 52

AML Checks Due Diligence Money Laundering 52

PYMNTS

SEPTEMBER 28, 2016

The collaboration is slated to focus on establishing and testing technology and best practices. Blockchain database startup BigchainDB just landed a sweet $3.37 The announcement came at Sibos, the annual conference hosted by SWIFT.

Blockchain 74

Blockchain Digital Currency Best Practices Non-Bank 74

Nanonets

SEPTEMBER 25, 2024

We'll also guide you through setting up an efficient bank statement processing system and share best practices to transform this data flood into a strategic asset. 💡 Best practices:  1.   💡 Best practices:  1. 💡 Best practices:  1.

Process 52

Process AI Best Practices Reconciliation 52

Nanonets

JULY 10, 2024

An example of key-value pair extraction KVPs are the building blocks of many data structures and databases. Before the accuracy of deep learning meets the needs of the markets for such tasks, OCRs are performed with the following procedure: Database creation : First, we build a vast library of known characters and symbols.

Database 74

Database Process Use Case Correspondent 74

VISTA InfoSec

JULY 5, 2023

Personal health data, a compilation of information related to a patient such as their Names , Birthdates , Social Security Numbers , and other medical record data , is used to identify their medical history and records stored in a database. This information is crucial in providing accurate and personalized medical care to individuals.

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

FICO

NOVEMBER 1, 2016

At first blush, the NYDFS proposal appears to establish foundational cybersecurity requirements that are consistent with existing guidelines and industry best practices. Currently, multi-factor authentication is only required for a limited subset of external applications such as internet banking channels. Data encryption.

Cybersecurity 81

Cybersecurity Regulations PCI DSS Data Encryption 81

Nanonets

JUNE 5, 2023

In this article, we'll demystify the process of procurement automation and discuss the many challenges (and benefits), emerging trends, and best practices associated with it. Evaluating options carefully and understanding associated costs is key when selecting an automated solution that best fits your organization’s needs.

Automation 98

Automation Best Practices Process Assessments 98

PYMNTS

JULY 18, 2019

In emerging markets where we’re heavily invested – India is a good example – we’re seeing all kinds of emerging best practices around data privacy, security and authentication, and at the same time the whole real-time payment network is being upgraded,” Pathak said.

Cross-Border 64

Cross-Border Transactions Technology Payment APIs and Integration 64

PYMNTS

JULY 1, 2019

Chipotle denied any breach of its databases or systems. It is incumbent that restaurants and consumers protect themselves against fraud by taking advantage of best practices like complex passwords or two-factor authentication (2FA). One victim did not even have a Chipotle account, but had used the QSR’s guest checkout option.

Account Takeovers 66

Account Takeovers Online and Mobile Banking Data Breach Credit Cards 66

Fintech Finance

MAY 21, 2024

The new legislation will replace paper processes and reporting as the EU and other regions trend towards a harmonized approach and centralized government databases to compare reported data. Accounting teams will be required to comply with specific legislation when sending and receiving electronic invoices.

Automation 52

Automation Duplicate Best Practices Consulting 52

Nanonets

OCTOBER 24, 2023

For instance, in a sports league scenario, while an LLM could provide generic information about the sport or teams, RAG empowers the AI to deliver real-time updates about recent games or player injuries by accessing external data sources like databases, news feeds, or even the league's own data repositories.

Database 59

Database AI Process Automation 59

Payment Savvy

OCTOBER 20, 2021

The Commercial Collection Agency Association (CCAA), a nongovernmental organization under the Commercial Law League of America (CLLA), established best practices instead. Agencies also have access to vast client databases enabling them to recover B2B debts quickly and cost-effectively. Why use a B2B Debt Collection Agency?

B2B 52

B2B B2C Best Practices Laws 52

Nanonets

AUGUST 14, 2024

You interact with RAG by asking it a question; it then utilizes its access to a rich database to mine relevant information and pieces together a coherent and detailed answer with this information. This retrieval process often utilizes embeddings and vector databases. Who Decides What Data to Retrieve?

Database 40

Database AI Best Practices Research 40

Nanonets

AUGUST 6, 2024

For instance, in a sports league scenario, while an LLM could provide generic information about the sport or teams, RAG empowers the AI to deliver real-time updates about recent games or player injuries by accessing external data sources like databases, news feeds, or even the league's own data repositories.

AI 52

AI Database Payment APIs and Integration Automation 52

Nanonets

MAY 20, 2024

In this guide, we'll explore best practices, real-world examples, and powerful tools to help you automate your data workflows and get more out of your data. Nanonets can validate data against predefined rules or external databases, flagging any. What is a data workflow? This reduces errors and ensures data integrity.

Automation 59

Automation Payment APIs and Integration CRM Duplicate 59

Nanonets

MARCH 20, 2023

Web scraping is done to convert data in complex HTML structures to structured format such as a spreadsheet or database, and used for various purposes such as research, analysis, and automation. Best Practices for Web Scraping with Node.js Here are some best practices to follow when using Node.js

Best Practices 52

Best Practices Adjustments Automation API 52

The Fintech Times

JUNE 3, 2024

This phase is core to generating shared learnings, best practices, and principles for the effective use of GenAI. Inevitably, this demands close integration with data infrastructure, databases and third-party systems – potentially endangering highly sensitive personal or commercial information.

AI 69

AI Risk Mitigation Assessments Consulting 69

Trade Credit & Liquidity Management

MAY 27, 2025

Even when not legally mandated, there are many benefits for trade creditors to adopt KYC procedures as a risk management best practice, especially when dealing with high-value or international transactions. Obtain and review information from reporting agencies or relevant public databases.

Due Diligence 52

Due Diligence OFAC Compliance Fincen 52