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What is a BIN in Payment Processing

Clearly Payments

Merchants in high-risk categories, such as online gaming, travel, and adult services, benefit from BIN data as it helps processors manage risk levels and ensure compliance with industry regulations. New processors must be prepared to demonstrate compliance and may need to undergo regular audits to meet these standards.

Process 104
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Wallet wars: How digital payments are reshaping finance

The Payments Association

The rapid adoption of digital wallets has introduced a complex web of regulatory considerations, ranging from data privacy and cybersecurity to anti-money laundering (AML) compliance and cross-border transaction governance. Adopt multi-factor authentication (MFA) and biometric verification to reduce fraud risks.

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The Best Way for a Business to Handle Chargeback Management

Clearly Payments

Team Lead/Manager Responsibilities: Oversee the chargeback team, ensure compliance with policies, and liaise with other departments like legal or finance. Evidence Submission Tools Simplifies document uploads and ensures compliance with network requirements. GDPR/CCPA : Protect customer data and comply with regional privacy laws.

PCI DSS 59
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The Walls Within: Why Organizations Cling to Data Silos in the Age of AI

Finextra

Rather, its a complex tapestry woven with threads of business strategy, legal compliance, technical limitations, and ingrained organizational culture. 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.

AI 59
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Guarding the Gates: Data Compliance and Privacy

Segpay

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. Fines for non-compliance can range from $2,500 to $7,500 per violation.

Privacy 105
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How to Appoint a Qualified Data Protection Officer(DPO)?

VISTA InfoSec

A Data Protection Officer (DPO) can be called as an ally for organizations that deals with large amount of Privacy related data in its core operation. Relevant Skills of a Qualified DPO Deep understanding of Data Protection Laws, such as GDPR, CCPA, and others to ensure compliance with legal requirements.

CCPA 208
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How to Improve Compliance with Multilingual Cybersecurity Resource

VISTA InfoSec

The significance of multilingual cybersecurity compliance Making sure cybersecurity talks to everyone in their language is more than smart; it’s a must. Here are two aspects where multilingual cybersecurity compliance helps the most: 1. Outline regular audit processes to check compliance with these policies.