Segpay

NOVEMBER 26, 2024

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. Digital identity verification is the process of ensuring that an individual’s claimed identity matches their actual identity.

Verification

PYMNTS

FEBRUARY 28, 2020

Failing to prevent a data breach is a surefire way to lose that trust, however. Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. Data Breaches Within And Without. Credit unions are no strangers to data breaches.

Credit Union

VISTA InfoSec

SEPTEMBER 14, 2023

This applies to all companies, regardless of where the processing of data occurs, according to the territorial scope of the GDPR under Article 3. The GDPR protects US citizens as data subjects while they use the internet in the EU or other EEA countries. Data Controller Classification: This implies that any U.S.-based

Compliance

PYMNTS

DECEMBER 30, 2019

Alastair Mactaggart’s 2018 state ballot initiative resulted in the California Consumer Privacy Act (CCPA) and now he wants to ensure it’s bullet-proof from modifications that could weaken it. In addition, the “negligent data breach” section would be expanded, enabling people to press charges in the event of a data breach. .

Privacy

Segpay

JANUARY 30, 2025

This article dives into the challenges faced by AI companies in search of an AI merchant payment processing service provider and how to overcome this hurdle. For AI companies, particularly startups, having access to reliable payment processing is critical. PSPs risk association with data breaches or non-compliance issues.

Merchant Payment Processing

PYMNTS

JULY 15, 2020

With data showing that 45 percent of all 2019 data breaches — and there were a lot of them — involved medical records theft, costing healthcare providers $429 per compromised patient record or nearly $18 billion, organizations can’t be confused about their value to cyberthieves. Medical Records = Dark Web Gold.

Data Breach

PYMNTS

OCTOBER 24, 2018

When it comes to data privacy, it’s not all about General Data Protection Regulation (GDPR), and it’s not all about Europe. and in the wake of GDPR, which of course took effect in May, there exists the California Consumer Privacy Act of 2018, known colloquially as CCPA. Here in the U.S.,

Privacy

Payment Savvy

DECEMBER 9, 2020

It allows individuals to use a network of internet hosted servers to manage, store, and process a business’s payment data. Becoming a global retailer is not easy due to challenges like fraud and international payment processing. Cloud Computing Will Be Popular. Cloud computing is a real game-changer for payment trends.

Payments Trends

Segpay

MARCH 20, 2024

Generative AI in the Banking Sector: Artificial Intelligence (AI) has proven to be a game-changer in the banking industry, streamlining processes, enhancing customer experiences, and revolutionizing decision-making. Want to learn more about your recurring payment processing options?

AI

PYMNTS

OCTOBER 21, 2019

We’ve watched the payments industry address changes in customer behavior, shifts in compliance rules (GDPR, UBO, CCPA, EMV), the introduction of cryptocurrencies and the race to move money faster. As Nan Siler, head of payment and financial operations at Kabbage, noted, it’s been a pretty wild ride, thus far. Knowing What We Don’t Know .

Innovation

Segpay

DECEMBER 19, 2024

With growing concerns around data breaches, identity theft, and unauthorized access, organizations need to ensure that only authenticated users can access their systems and sensitive information. This streamlines the login process, reduces password hassles, and improves productivity.

Verification