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What is a BIN in Payment Processing

Clearly Payments

Although BINs play a critical role in how payments are processed and authenticated, they often go unnoticed by the average consumer or merchant. For payment processors and financial institutions, however, understanding BINs is essential for smooth transaction processing, security, and even risk management.

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

Finextra

From predicting consumer behavior to automating complex tasks, AI offers a tantalizing glimpse into a future of unprecedented efficiency and innovation. This article delves into the multifaceted reasons behind this phenomenon, exploring why organizations are choosing to keep their AI contained within the familiar confines of their data silos.

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Guarding the Gates: Data Compliance and Privacy

Segpay

Striking the Balance Between ID Management and Data Protection In the digital age, where data drives everything from marketing strategies to AI algorithms, a growing number of citizens are worried about the protection of their personal data.

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Retailer Hanna Andersson, Salesforce Are First Sued Under New California Privacy Law

PYMNTS

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018.

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How to Improve Compliance with Multilingual Cybersecurity Resource

VISTA InfoSec

The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy. Best practices in multilingual cybersecurity compliance To keep your data secure in multilingual environments, it’s smart to follow some key steps. Think about the various regulations around the world.

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Retailer Hanna Andersson, Salesforce Get First Taste Of New California Privacy Law

PYMNTS

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018.

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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

Founded in 2007 by Miles and John Perry, who serves as chief executive officer, Bluefin specializes in encryption and tokenization payment and data security. . The new solution also helps shield merchants from fines related to GDPR and the California Consumer Privacy Act (CCPA) noncompliance. .