Open Banking Excellence

JULY 8, 2025

Building and implementing APIs, maintaining data security standards, and ensuring ongoing compliance can strain budgets and staffing capabilities. The entire ecosystem needs to continue educating consumers on financial data security. The entire ecosystem needs to continue educating consumers on financial data security.”

Regulations 130

Regulations Payment APIs and Integration CFPB API 130

Payments Dive

JULY 15, 2025

banks have sued to block the rule issued during the Biden administration before it takes effect next year. The open banking rule specifically precludes banks from charging for access to customer data. A Plaid spokesperson referred queries to the FTA and FDATA-North America.

FinTech 120

FinTech CFPB Rules Privacy 120

VISTA InfoSec

JUNE 18, 2024

This advanced data security measure demands additional verification beyond just a device passcode, such as a fingerprint scan or random code from a mobile app. Even if passwords are compromised, those extra identity checkpoints block illicit access attempts. Also, apply need-to-know restrictions.

Data Security 266

Data Security Security Encryption Cybersecurity 266

PYMNTS

JANUARY 2, 2020

The downside of data sharing has come full circle as JPMorgan Chase strives for enhanced protection by blocking FinTech apps from accessing customers’ passwords, The Financial Times (FT) reported on Tuesday (Jan. Data security is an issue with far-reaching consequences.

Blocks 57

Blocks FinTech Security Data Security 57

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Owning this data puts FAMGA on the front lines in the fight against the theft and exploitation of our personally identifiable information (PII). Effective data security features are critical to securing this information.

Data Security 58

Data Security Encryption Security Data Breach 58

PYMNTS

JULY 23, 2018

This one may be familiar: Wide receiver and cryptographer walk into a bar and … set the data security landscape on its ear. Since sports analogies abound in all corners of writing, try this one on for size: blocking and tackling — the digital kind. Haven’t heard that one, hmm? The interest is not merely academic.

Data Security 53

Data Security Security Encryption Authorization 53

Exact Payments

JULY 1, 2024

WAFs have many important jobs, such as traffic filtering, data integrity checks, threat detection, and threat blocking, as well as SSL/TLS inspection, reporting, and logging. For example, advanced WAFs employ machine learning and signature-based detection methods to identify and block new and evolving threats.

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

VISTA InfoSec

APRIL 12, 2024

Businesses deploy proxy servers to monitor and regulate their employees’ internet usage, ensuring data security and blocking access to harmful sites. This intermediary position prevents direct attacks against your network by blocking malicious traffic and unauthorized access attempts.

Cybersecurity 130

Cybersecurity Best Practices Encryption Blocks 130

Open Banking Excellence

JULY 9, 2024

Importantly, we sought to discover if the Open API technology would be able to provide easy, seamless integration of information to the customers while remaining secure and compliant with current regulations. As well, we sought to determine what regulatory changes might be required to balance data security with free flow of information.

API 147

API Payment APIs and Integration Participant Regulations 147

PYMNTS

OCTOBER 24, 2018

Guardian Mobile Firewall, the new smart firewall app that is currently in a closed beta test, will be made available soon, filtering and blocking traffic that breaches the user’s privacy. The aim of the firewall is not to stop a fake or questionable app from working, but to alert users and give them a choice as to how their data is used.

Blocks 40

Blocks Privacy Encryption Breach 40

M2P Fintech

JULY 11, 2023

Cryptographic algorithms significantly impact the level of security, performance, and compatibility of the encryption and decryption processes. Now, let’s explore AES algorithms, our superhero of data security. It is commonly used to secure sensitive data such as credit card numbers, passwords, and personal data.

Encryption 52

Encryption Security Blocks Correspondent 52

Fintech News

AUGUST 21, 2024

Beaver Chua Beaver Chua, OCBC’s Head of Anti-Fraud, Group Financial Crime Compliance, said, “We proactively monitor emerging financial crime typologies and continue to keep abreast of the latest developments, utilising technology to reinforce our existing processes and controls to detect and block suspicious transactions and accounts.

Accounts 109

Accounts Scams Financial Crimes Freeze Account 109

PYMNTS

JUNE 29, 2018

The data deluge is here, rendered across devices from smartphones to smart fridges to smart cars to fitness trackers. And where there’s data, as always, there are the questions of data security, and how different devices interact in real time.

Blocks 44

Blocks Blockchain Research Security 44

PYMNTS

JULY 2, 2020

WhatsApp will be allowed to operate its payments service in Brazil once the company formally seeks permission and shows it can operate in the country without putting customers’ data at risk or violating rules intended to preserve competition, the company’s chief central banker said Thursday, according to Reuters.

Central Bank 93

Central Bank Payments Blocks Rules 93

Finovate

SEPTEMBER 23, 2024

Plaid will help connect PNC customers to apps, while PNC’s API provider Akoya will ensure that PNC’s customer data is securely shared with third party apps powered by Plaid. Additionally, Plaid will offer the customer control​ of their own data, allowing them to determine which third party apps may have access to their data.

Credential 59

Credential Blocks API Agreements 59

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Implement geo-blocking measures, i.e., blocking or limiting payment transactions from regions or countries where surcharging is prohibited by local regulations. Security audits.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

JULY 16, 2024

If merchants are exposed to security vulnerabilities when processing digital payments, the risk of cardholder data falling into the wrong hands increases exponentially. security requirements are. PCI DSS is a set of protocols to be followed by companies that store, process, and transmit cardholder data.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

PYMNTS

NOVEMBER 30, 2020

Will Black Friday 2020 mark the beginning of a new, digital-first holiday shopping tradition, or will consumers return to their block-long queues after the pandemic has subsided and they are once again free to shop in stores? What is less clear is whether this trend toward digital-first holiday shopping will stick.

Debit Card 128

Debit Card PayPal Credit Cards Consumer 128

Clearly Payments

OCTOBER 22, 2024

If the wrong PIN is entered too many times, the card may be temporarily blocked. Terminals should be PCI DSS (Payment Card Industry Data Security Standard) compliant. Regularly Update Payment Software : Software updates often include important security enhancements.

Debit Card 105

Debit Card Credit Cards Point-of-Sale (POS) Encryption 105

VISTA InfoSec

FEBRUARY 16, 2024

. - The software should be developed based on industry standards and/or best practices for secure development. - The development should be in accordance with PCI DSS (Payment Card Industry Data Security Standard). This includes aspects like secure authentication and logging. Check memory boundaries when handling data.

PCI DSS 100

PCI DSS Procedures Best Practices Verification 100

The Fintech Times

APRIL 22, 2024

Nuke From Orbit outlines the industry’s responsibility to offer smartphone users the highest level of protection by leveraging technology for instant data security in cases of device compromise. The post Study Shows Alarming Rise in Smartphone Identity Theft Among UK Consumers appeared first on The Fintech Times.

Identity Theft 59

Identity Theft Consumer Online and Mobile Banking Monetary Loss 59

PYMNTS

FEBRUARY 10, 2020

Under the law, consumers have the right to know what personal information companies are collecting about them, along with the right to block sale of that information and access to it if it has been collected. Security Boulevard research shows that as of Dec. The potential punishments for non-compliance are steep.

CCPA 62

CCPA Laws Privacy Data Breach 62

PYMNTS

MAY 29, 2017

The researchers said quantum computers pose a big risk to data security and could be used to hack blockchains, destroying everything from cryptocurrencies like Bitcoin to secure government communications. The technology creates special blocks which are signed by quantum keys rather than the traditional digital signatures.

Blockchain 45

Blockchain Blocks Research Privacy 45

PYMNTS

APRIL 17, 2018

These entities would be “subordinate,” while a “superior” entity would place a digital signature on the data. A “hashing module of the processing server” would then generate an “identity value” for each entity, as well as create a block with a timestamp and record of the most recent block added to the blockchain.

Blockchain 52

Blockchain Visa Credential Blocks 52

PYMNTS

JANUARY 17, 2017

In late December, Los Angeles Valley College found itself to be the latest victim of a ransomware attack — when malicious software is used by to block access to files until demands are met. In 2016, some 19 academic institutions disclosed data security breaches. state of California recently found out the hard way.

Bitcoin 43

Bitcoin Ransomware Law Enforcement Cybersecurity 43

PYMNTS

DECEMBER 11, 2018

Data is everywhere, and amid headlines trumpeting collaboration between FinTech and traditional FIs, there are indeed some possible stumbling blocks about who has access to what when it comes to consumers. s High Street banks have been banding together to oppose FinTech efforts in India to collect customer data.

FinTech 55

FinTech Cross-Border Gateways Blocks 55

PYMNTS

FEBRUARY 14, 2020

One way to authenticate consumers and block cybercriminals is thus no longer enough for businesses to protect their users, as fraudsters begin to create attack strategies that can carefully bypass more simplistic verification measures.

Online and Mobile Banking 60

Online and Mobile Banking Fraud Prevention Authentication Account Takeovers 60

PYMNTS

FEBRUARY 10, 2020

Under the law, consumers have the right to know what personal information companies are collecting about them, along with the right to block sale of that information and access to it if it has been collected. Security Boulevard research shows that as of Dec. The potential punishments for non-compliance are steep.

CCPA 52

CCPA Laws Privacy Data Breach 52

PYMNTS

AUGUST 12, 2019

The Superintendency of Industry and Commerce is levying the fine and it said that Uber didn’t give regulators information when they asked for it and that they even blocked regulators’ access to company computers. The regulators visited in October of 2017. In America, Uber recently instituted a hiring freeze in an effort to save money.

Regulations 40

Regulations Legal Blocks Breach 40

PYMNTS

OCTOBER 29, 2018

They should also block access to unauthorized or fraudulent third-parties, provided they have evidence of an illegitimate transaction. As a result, banks would do well to implement proactive account and transaction monitoring to guard against cyberattacks. Protecting APIs.

Security 76

Security Payment APIs and Integration API Authentication 76

The Fintech Times

AUGUST 8, 2024

The integration of unattended services within apartment blocks stands at the forefront of this, enabling residents to pay for goods and services at source. Chief among these are data security. How can this be successfully achieved, and what software is required?

Security 59

Security Payment Solutions Credential Addressing 59

PYMNTS

JANUARY 6, 2020

Dutch officials grappled with the specific changes the regulation would bring to business and financial operations, including data security and protection, before agreeing to support the rule. The two countries appear to be approaching PSD2 from separate viewpoints and with different concerns, however.

Payment APIs and Integration 52

Payment APIs and Integration Regulations API Rules 52

PYMNTS

OCTOBER 8, 2020

The security platforms that utilize AI and machine learning can also spot attack patterns as they try to morph into different vectors and very quickly block those transactions as well.”.

Innovation 56

Innovation Account Takeovers Fraud Detection Bots 56

PYMNTS

MARCH 8, 2018

What are some of the road blocks in removing friction from current payments processes on mobile and online? With all that in mind, though, he said data security must remain at the forefront of all these advancements. Pacing and fear are the two main factors holding payments back, said Dorchester.

Innovation 45

Innovation Online and Mobile Banking Security Credit Cards 45

PYMNTS

JANUARY 10, 2019

Chen noted, too, that in China in the past year, they’ve had a lot more interactions with regulators, in an effort to promote sustainable growth of eCommerce in that country, especially as relates to VAT collection in Europe and and currency regulations and data security, which falls under the purview of the Central Bank. “We

Cross-Border 63

Cross-Border Account Takeovers Due Diligence Regulations 63

PYMNTS

AUGUST 22, 2019

The company is proposing a change to how cookies work in its web browser, Chrome, which would make it easier for users to block the tracking. The stakes are pretty high — according to PYMNTS data, the expected value of the IoT market will hit some $1.2 There also needs to be a mutual trust between the company and the customer.

Privacy 46

Privacy Security Blocks Consumer 46

PYMNTS

JULY 25, 2017

The theme we believe in is blocking fraud isn’t good enough — you’ve got to drive sales and identify good orders because there’s a ton of money sitting on the table,” said Heron. BI Intelligence reported news that retailers declined $8.6 billion in suspected fraudulent payments that were good orders in 2015. .

EMV 48

EMV Identity Theft Mitigation Breach 48