Stax

APRIL 3, 2025

Payment processors that comply with this regulation protect businesses from data breaches and credit card fraud. For eCommerce payment systems, these measures include two-factor authentication, fraud filters, real-time transaction monitoring, card verification value, device fingerprinting, and address verification system.

Payment Solutions

EBizCharge

MARCH 18, 2025

As data breaches evolve and advance, a robust payment processing system that protects sensitive financial information is essential. By protectin g payments in Sage 100, your company can reduce the risk of data breaches and fraud, ensuring a secure experience for all parties involved.

Credit Cards

Fintech Review

APRIL 20, 2025

It covers the tools, platforms, and strategies that defend against data breaches, fraud, identity theft, and financial disruption. In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring. Cybertech sits at the intersection of cybersecurity and fintech.

Finance

Basis Theory

NOVEMBER 12, 2024

Instead of using the original sensitive data, developers and their applications use previously-generated tokens to execute traditional operations that sensitive data would provide, like performing analyses, generating documents, or customer verification.

Encryption

Fintech News

JUNE 11, 2025

At the centre of this threat is Grey Nickel , a sophisticated cybercriminal group using deepfakes, synthetic identities, and AI-powered attack tools to breach banks, crypto exchanges, and digital payment platforms. Based on the research, it’s a full-fledged operation engineered to fake identity verification at scale.

Crime

Finextra

JUNE 26, 2025

Non-compliance, on the other hand, can lead to data breaches and legal troubles. How PCI DSS affects your digital payment operations When you’re PCI DSS compliant, you reduce the risk of costly breaches. It also demands stronger verification steps before approving transactions. This adds a layer of protection to every payment.

PCI DSS

Stax

JANUARY 28, 2025

Enhanced securitytokenization and two-factor authentication reduces the risk of data breaches As we mentioned earlier, Click to Pay uses a data security approach called tokenization to protect sensitive financial data from malevolent actors. Sensitive data may be stored on servers, increasing the risk of breaches.

Payment APIs and Integration

Stax

NOVEMBER 21, 2024

It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data.

Credit Cards

The Payments Association

JUNE 3, 2025

Moreover, network tokenisation reduces the regulatory burden by eliminating the need to store sensitive card data, supporting the Payment Card Industry Data Security Standard (PCI DSS) compliance and lowering the risk of data breaches. Traditionally, identity verification and credential storage were separate from payment processes.

Security

My Payment Savvy

JUNE 16, 2025

This tokenization keeps the sensitive card information off your servers, reducing the risk of a data breach and easing PCI DSS compliance. Your online payment gateway applies encryption, address verification, and fraud screening—all within seconds. Smart research now prevents costly mistakes later.

Payment Gateways

Clearly Payments

MARCH 14, 2025

Tokenization : Converts sensitive card data into a unique token, reducing the risk of data breaches. 3D Secure Authentication : Adds an additional verification step for online transactions, such as a one-time password (OTP) or biometric authentication.

Credit Cards

Fintech News

JULY 14, 2025

” A Known Weakness That Hasn’t Improved One of the most striking failures MAS flagged was around Source of Wealth (SOW) verification. Credit Suisse’s Penalty Shows a Pattern Part of Credit Suisse’s fine was tied to older compliance breaches involving U.S. The gap lies between strategy and execution.”

Compliance

Clearly Payments

AUGUST 8, 2025

It bypasses physical card security and is often executed using stolen data purchased on the dark web.

Credit Cards

The Fintech Times

JANUARY 28, 2025

The data is encrypted and stored within the card itself, removing any additional fear of data being lost via a centralised breach or large-scale hack. Contactless payments go some way to solving that problem but pose the risk of fraud as there is no PIN verification below the increasing threshold amount, now at 100 in the UK.

Service Provider

EBizCharge

NOVEMBER 27, 2024

Features like Address Verification Systems (AVs), Card Verification Value (CVV) checks, and encryption protocols protect sensitive customer data and minimize chargebacks. These practices help prevent fraud and protect against data breaches, fostering trust with your customers.

Accounts

EBizCharge

JANUARY 21, 2025

Virtual terminals should implement strong payment security measures like encryption, tokenization, address encryption, address verification, and secure gateways to prevent fraud and data breaches. Merchants should do their due diligence to implement a secure virtual terminal that protects their business and builds customer trust.

Credit Cards

Fintech Review

APRIL 10, 2025

Wilmington, North Carolina, April 10th, 2025, FinanceWire Brantas payment verification and Amboss compliance tools give businesses a robust solution to mitigate risks from sophisticated attackers, setting a new standard for business operational security in the Bitcoin and Lightning Network ecosystems. The Bybit hack, which saw nearly $1.5

Bitcoin

Fintech Review

APRIL 11, 2025

It covers identity verification, anti-money laundering (AML), transaction monitoring, and reporting automation. As financial services shift online, platforms become targets for hackers, phishing attacks, and data breaches. The consequences of a breach go beyond financial loss they can erode trust and invite regulatory action.

FinTech

EBizCharge

JANUARY 14, 2025

Strong encryption builds trust with customers and reduces the risk of data breaches. These gateways handle all payment details, providing a secure system that minimizes the risk of data breaches. Fraud detection and prevention are critical features of a payment gateway.

Payment Gateways

M2P Fintech

MARCH 24, 2025

Back in the day, loan management system s were synonymous with pile s of paperwork involving intricate manual calculations and lengthy verifications, leading to slow approvals. Identity Verification: Provides a secure digital identity, simplifying verification and enhancing regulatory compliance.

Payment APIs and Integration

The Payments Association

JUNE 11, 2025

To keep up, organisations need to move away from simple, KYC-focused verification and towards a proactive, multi-layered approach." The Online Safety Act alone imposes fines up to £18 million or 10% of annual turnover for breaches, with obligations tiered by operational scope and corporate structure.

Risk

The Payments Association

JUNE 16, 2025

The difficulties lie in the assumption that, however secure they may be, one cannot rule out a breach of secure elements in the future. This leads to the necessity for online verifications, and the challenges thereof, which the report summarises well.”

Settlement

Fintech Weekly

JUNE 8, 2025

Adopt a Zero-Trust Mindset While an API gateway can improve your platform’s ability to prevent breaches, even the most thorough gateway isn’t impenetrable. Implementing zero-trust means designing your platform around multiple verification stops and allowing security tools to monitor all API traffic.

API

The Fintech Times

JULY 25, 2025

This currently breaches core governance duties under the Economic Crime and Corporate Transparency Act (ECCTA), which carries serious penalty risks. We’ve seen it time and again: a fraudulent supplier, a fake corporate identity, a data breach that spirals out of control, and suddenly a business that was stable is gone. The tools exist.

Due Diligence

Finextra

JULY 16, 2025

Users are onboarded through non-Iranian addresses, non-sanctioned mobile numbers, and full FATF-aligned verification processes, with all services flowing through infrastructure wholly separated from the sanctioned economy’s domestic financial networks. External This content is provided by an external author without editing by Finextra.

Cross-Border

Cardfellow

APRIL 27, 2025

PCI compliance is critical, as it reduces your risk of data breaches (and can help limit your liability in the event of a breach) and helps minimize avoidable fees from your credit card processor. This includes hiring new staff, updating your POS system software, or learning of a data breach for a similar business.

PCI DSS

Finextra

JUNE 2, 2025

If Open Banking gave us Lego pieces like accounts, payments, and identity verification via APIs, DeFi supercharged the Lego set with even more pieces and global accessibility. In DeFi, composability is frequently celebrated with the meme of “Money Legos.” Every protocol is a Lego block that can snap onto others.

Finance

EBizCharge

JUNE 12, 2025

Payment security concerns: With increasing threats like fraud, chargebacks, and data breaches, many businesses struggle to adapt to evolving compliance standards and security protocols, which can decrease customer trust and revenue. Businesses in high-risk categories may need to meet additional requirements or implement specific safeguards.

Process

Finextra

JUNE 26, 2025

A compelling study highlights this long-term impact, revealing that 47% of consumers would permanently cease shopping with a retailer following a data breach involving their payment card information. Beyond the quantifiable financial damage, fraud severely erodes customer trust and significantly tarnishes brand reputation.

Stablecoins

Stax

OCTOBER 14, 2024

Fraud detection tools are also valuable, as they help minimize the risk of fraudulent transactions and safeguard your business and customers against data breaches. Beyond compliance, look for processors that offer advanced security features like tokenization and encryption, which add layers of protection to payment information.

Processors

Finextra

JUNE 6, 2025

How the exchange handles security breaches. Trade volume verification has become increasingly important in evaluating exchange legitimacy. When evaluating an exchange, specifically ask about: The percentage of assets kept in cold storage. Insurance coverage details and limitations.

Cryptocurrency

Neopay

JULY 30, 2025

HM Treasury will collaborate with the Department for Science, Innovation, and Technology (DSIT) to produce joint guidance on using digital identities for MLRs identity verification checks. The MLRs will provide carve-outs to facilitate rapid access for customers of insolvent banks to new accounts.

Money Laundering

EBizCharge

MARCH 3, 2025

Tokenization is crucial in securing electronic payment methods, reducing data breaches, and ensuring a seamless payment integration with your financial processes in Acumatica. 3D Secure authentication requires an additional verification step during a credit card transaction.

Credit Cards

Finextra

JUNE 26, 2025

A compelling study highlights this long-term impact, revealing that 47% of consumers would permanently cease shopping with a retailer following a data breach involving their payment card information. Online Seller Verification and Customer Review Fraud Prevention. Pay with TRIO offers: Settlement in minutes. transaction fees.

Stablecoins

Fintech Weekly

JUNE 10, 2025

These include: Delayed product launches due to last-minute fixes Security breaches from overlooked vulnerabilities Customer churn linked to unstable features Developer burnout from maintaining messy legacy code A proactive code review process helps prevent these outcomes by introducing regular checkpoints throughout the development lifecycle.

Blockchain

VISTA InfoSec

FEBRUARY 25, 2024

A data breach could ruin your business overnight. That’s the harsh aftermath companies face today following high-profile breaches. That’s the harsh aftermath companies face today following high-profile breaches. What Is A Data Breach? Understanding breach avenues helps strengthen protections proactively.

Data Breach

Segpay

NOVEMBER 26, 2024

In today’s digital world, online ID verification has become a crucial component of customer onboarding. As we move our personal, financial, and governmental interactions to digital platforms, the need for reliable and efficient digital identity verification processes has become critical. What is Digital Identity Verification?

Verification