Segpay

NOVEMBER 26, 2024

In the digital space, in-person checks of physical documentation is not an option. These platforms often rely on a combination of multi-factor authentication (MFA), which may include passwords, biometric verification (e.g., This process involves comparing official documents (e.g.,

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

PYMNTS

FEBRUARY 8, 2019

most common) passwords and check them against millions of accounts. A successful email campaign that steals the password of a company’s Uber account could also compromise an organization’s online banking credentials or accounting app login information. “We have a lot of customers not even employing MFA.

Phishing 66

Phishing Credential Payment APIs and Integration MFA 66

PYMNTS

OCTOBER 21, 2020

This means that even one compromised account could threaten all others that rely on the same credentials, potentially costing victims a fortune in stolen money and data.”. We are seeing fraudsters use P2P payment services as the final steps in larger, more traditional fraud attacks — such as check fraud [and] social engineering.

P2P 56

P2P Security MFA Financial Crimes 56

Stax

AUGUST 20, 2024

With that, it’s no longer possible for merchants to check ID or signature to ensure that the person making a purchase is who they say they are. While security is paramount, it’s important not to compromise the user experience. MFA is similar but requires customers to enter three pieces of information instead of two.

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

Stax

JULY 9, 2024

TL;DR An Electronic Funds Transfer is an umbrella term for payments that are conducted electronically—essentially, any payment method except for cash and paper checks. An Electronic Funds Transfer is an umbrella term for payments that are conducted electronically—essentially, any payment method except for cash and paper checks.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

FICO

SEPTEMBER 17, 2018

They exploited and succeeded in compromising two of the bank’s payment systems – the ATM Switch and the SWIFT payments system. Solutions for passive scanning (like the FICO® Cyber Risk Score ) can check how strong or weak an organizations cybersecurity posture is. Cosmos Bank in India recently had $13.5 Layer 2 – Authentication.

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

FICO

SEPTEMBER 19, 2018

They exploited and succeeded in compromising two of the bank’s payment systems – the ATM Switch and the SWIFT payments system. Solutions for passive scanning (like the FICO® Cyber Risk Score ) can check how strong or weak an organizations cybersecurity posture is. Cosmos Bank in India recently had $13.5 Layer 2 – Authentication.

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

Basis Theory

OCTOBER 1, 2024

To ensure the keys themselves aren’t compromised, PCI provides guidance for key management (generation, storing, TTL, retirement, etc.) Maintain a Vulnerability Management Program Bad actors have many tools to help them compromise systems, including malware and viruses. Check out our developer docs or talk to an expert today.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

VISTA InfoSec

MAY 5, 2025

To learn more about the key objectives and principles of the CSP check out this quick guide to SWIFT CSP. Complete the SWIFT CSP compliance questionnaire to check the current alignment with the required controls. Focus on core security measures like multi-factor authentication (MFA), encryption, and access management.

SWIFT 130

SWIFT Security Compliance MFA 130

VISTA InfoSec

JUNE 4, 2025

To learn more about SWIFT CSP, you may also check out our informative video on – What is the SWIFT Customer Security Programme (CSP)? Prevent Compromise of Credentials 4.1 Implement robust authentication mechanisms such as MFA. Reduce Attack Surface and Vulnerabilities 2.1 Internal Data Flow Security 2.2 Password Policy 4.2

SWIFT 130

SWIFT Security Best Practices PCI DSS 130

Fintech News

MARCH 1, 2025

This suggests attackers are refining methods to penetrate offline storage through compromised internal systems or supply chain attacks. Key compromises often happen through phishing attacks, malware, or social engineering tactics. MFA adds another layer of security by requiring multiple verification steps before granting access.

Security 117

Security Phishing Breach Audit 117