Basis Theory

NOVEMBER 12, 2024

This means organizations introducing AES-256 will need to ensure their systems, applications, and databases account for ciphertext lengths that may exceed, for example, the original 16-digit card number. Register for a free account and check out our Getting Started Guides to begin testing a tokenization platform. Return to Top

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

Neopay

JANUARY 30, 2025

The Financial Conduct Authority (FCA) has recently published its findings on how firms are using the National Fraud Database (NFD) and money mule account detection tools to combat financial crime. Some firms screened customers against the NFD but failed to submit their own cases, undermining the collective intelligence of the database.

Financial Crimes 59

Financial Crimes Fraud Detection Crime Best Practices 59

Nanonets

APRIL 10, 2023

Often, small businesses and projects face a shortage of resources, and skilled labor to set up a complex database management system. In this blog, I’ll discuss how to use google sheets as a database and the various methods available! Then, we need to know the tools/options to add, remove or update the database.

Database 52

Database VARS API Checks 52

VISTA InfoSec

MAY 24, 2024

It is done to check whether only allowed data traffic is allowed between the card and the card and non-card data networks. It is done to check if the card data is secure and there are no data leakages. Note: If you are a Service Provider then it will be done twice every six months under Requirement 11.3.4.1. of PCI DSS. of PCI DSS.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

The Fintech Times

JUNE 3, 2025

You have to show your government-issued documents and then we check these against government databases. The next step of verification comes in the form of a facial passive liveliness check, which is more secure than facial recognition from say something like Apple s face ID check, which can have multiple people registered to it.

Technology 49

Technology Database Verification Governance 49

Segpay

OCTOBER 3, 2024

Various tools and methods are used across platforms to verify age, ranging from simple age-checking prompts to sophisticated identity verification systems. Jumio : A global provider of online identity verification, Jumio uses AI and biometrics to verify users by checking documents and live selfies. However, this method is unreliable.

Compliance 105

Compliance Verification Database Privacy 105

Stax

JANUARY 23, 2025

Key steps include application review, risk assessment, credit checks, and compliance verification. Step 3: Credit Checks Financial analysts within the underwriting team or third-party credit reporting agencies review the merchants financial stability and credit history. Learn More What is Merchant Account Underwriting?

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

VISTA InfoSec

FEBRUARY 21, 2024

To learn more about the other requirements of PCI DSS, check out our comprehensive guide on the “ 12 requirements of PCI DSS.” Note: These requirements do not apply to consumers (cardholders) 7.1: But how did users interact with the databases? And who could directly access or query databases? So, let’s get started!

PCI DSS 130

PCI DSS Database Best Practices Procedures 130

Fintech News

JULY 16, 2024

Global analytics software leader FICO unveiled its latest global consumer fraud research , highlighting that complex identity checks are stalling Singapore’s digital banking progress. This increase in identity checks by Singapore banks is a direct response to the significant issue of identity theft in the country.

Identity Theft 111

Identity Theft Online and Mobile Banking Checks Compromise 111

VISTA InfoSec

FEBRUARY 28, 2024

Changes Core Focus Limiting database access to programmatic methods (apps, stored procedures) and database administrators. Terminology Applications should use their own IDs, not individual user IDs to access the database. Check that the people in charge of these tasks understand their specific duties. Requirement v3.2.1

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

Finovate

JUNE 12, 2025

An accurate, secure, and real-time liveness check is all that is required in order for the technology to recognize returning users and reduce the verification process to a matter of seconds. “ID-Pal Once ensures that only genuine, verified identities are reused and importantly, doesn’t use humans to access the data. .”

Verification 52

Verification AML Returns Deepfake 52

The Finance Weekly

JULY 19, 2022

Easily database all versions of your work and with the click of your mouse conduct variance analysis, slice and dice data sets, perform drill-downs, FX conversions, and easily review version histories. Board integrates seamlessly with popular business software systems and platforms, such as SAP ERP and Microsoft Azure or SQL database tech.

CRM 240

CRM Finance Database Automation 240

Fintech Review

MAY 4, 2025

Unit A banking-as-a-service platform that offers APIs for checking accounts, cards, payments, and lending infrastructure. The best SaaS fintech software for KYC and AML helps companies automate checks, improve onboarding conversion, and stay audit-ready. Best for : SaaS platforms adding financial services for users.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

PYMNTS

NOVEMBER 25, 2020

We’re a long way from the days when companies created datasets from huge swaths of pictures and profiles culled from social media, gathered without cross-checking or consent. In the case of recognition, an individual’s picture might be compared to millions of other faces in a database, one by one. Platforms also offer flexibility.

AI 141

AI Verification Disaster Recovery Authentication 141

Wharton Fintech

FEBRUARY 29, 2024

Check out the full podcast on Spotify | Soundcloud | Apple Spade tackles a longstanding issue in the fintech space: the obscurity of transaction data. Creating Spade’s comprehensive merchant database required forming robust partnerships across the fintech and data ecosystem.

Database 130

Database Fraud Detection Use Case FinTech 130

VISTA InfoSec

JANUARY 18, 2024

For instance, web servers, database servers, and DNS should each be implemented on their own separate servers. a Check system configuration standards to confirm that necessary services, protocols, and daemons are identified and recorded. Requirement and Testing Procedures 2.2.1 a Choose a sample of system components. in PCI DSS.

PCI DSS 289

PCI DSS Procedures Encryption Security 289

Fintech News

OCTOBER 23, 2024

In response to this, Axe Finance has developed an ESG module within ACP that automates compliance checks during the credit assessment, enhancing efficiency and ensuring alignment with sustainability goals. All of these automated checks represent a real efficiency gain for them. This differs from country to country.

Finance 117

Finance APACS Multi-Currency Origination 117

Payment Savvy

AUGUST 3, 2023

Every BIN number can be checked to prevent fraud and ensure the protection of both merchants and consumers when shopping. When you run any BIN number through a checking system, you end up with accurate information about the geolocation, card issuer, and card type. Most free tools have a vast database that is regularly updated.

Issuers 98

Issuers Card Issuer Processors Credit Cards 98

Fintech Finance

SEPTEMBER 17, 2024

Its unique blend of biometric, document, and database checks, is delivered within a GDPR-compliant framework. ID-Pal’s platform comprises a comprehensive set of tools for frictionless, secure identity verification and Anti Money Laundering (AML) screening.

Process 95

Process Verification Money Laundering AML 95

Nanonets

OCTOBER 30, 2024

Docsumo comparison Criteria Maximum Score Nanonets Docsumo Instant learning with AI 5 ✓ ✗ Support different types of document natively 5 ✓ ✓ Per document cost cheaper than human 5 ✓ ✓ Unstructured Documents 5 ✓ ✓ Text heavy documents 5 ✓ ✗ Doesn't require manual intervention (..)

Bots 52

Bots Automation Database AI 52

Segpay

AUGUST 27, 2024

Lastly, scan your database for card expiration dates. There is nothing wrong with presenting an additional offer at the time of check-out, as long as the terms are properly disclosed. Check with your payment service provider for help in this area. Then send those customers an easy way to update their card information.

Alternative Payment Methods 105

Alternative Payment Methods Processors Volume Service Provider 105

Segpay

SEPTEMBER 30, 2024

Brazil: A Broad Legal Framework Brazil, the largest country in Latin America with a population of 212 million requires multi-mode verification, combining government-issued ID checks, biometric data, and parental consent, to verify a user’s age. Features : ID document verification and selfie checks to verify both identity and age.

Verification 111

Verification Legal Framework Laws Legal 111

The Paypers

JUNE 17, 2025

For more information about OpenPayd, please check out their detailed profile in our dedicated, industry-specific Company Database. The addition of stablecoin on- and off-ramps is expected to expand the platform’s interoperability between fiat and digital currencies.

Stablecoins 36

Stablecoins Payment Networks Cross-Border Payment APIs and Integration 36

Fintech Review

JUNE 18, 2024

Advanced software and innovative tools make back-office tasks like compliance checks and account reconciliations more efficient and accurate. By eliminating needless information transfers from spreadsheets, databases, and PDFs, data can be easily shared and utilized by all team members.

Reconciliation 98

Reconciliation Compliance Regulatory Compliance Best Practices 98

PYMNTS

NOVEMBER 27, 2020

Phone verification and cross-checking is an important part of a comprehensive way to verify identity quickly, [frictionlessly] and cost-effectively. Consumers can be surprisingly finicky these days when it comes to their personal identifiable data (PII), and additional security measures can strengthen trust at a critical time like this.

Multifactor Authentication 107

Multifactor Authentication Authentication Security MFA 107

Trade Credit & Liquidity Management

JUNE 25, 2025

Digital transformation, the internet, and AI have made it possible to collect real-time data from a wide range of sources, including company websites, government databases, and even social media. Explosion of Data Sources: There are now many more data vendors and types of information available.

Risk Assessment 52

Risk Assessment Regulatory Compliance Assessments Legal 52

Nanonets

JULY 14, 2023

Check out Nanonets' pre-trained Invoice OCR or build your own customized Invoice OCR. Data dump - once the information has been extracted it needs to be stored in a retrievable format like A database An excel sheet An ERP system. Images checked for fraud. Want to automate invoice processing ? Why digitize invoices?

Automation 98

Automation Process Payment APIs and Integration Database 98

Nanonets

MAY 28, 2023

Businesses struggle to organize & identify large numbers of PDF files in their database. Check out Nanonets invoice automation or invoice scanner & receipt OCR solutions to optimize your workflows. They require considerable manual intervention to operate; and require some level of review/validation to check for errors.

Use Case 98

Use Case XML Automation Rules 98

PYMNTS

SEPTEMBER 24, 2020

Axis verifies that the number the customer presents is the same as what they have in the national database in order to confirm their identity. It’s very difficult to do an impersonation unless you can find a way to kind of change the photograph in the central database itself.”. It’s like the Social Security number in the U.S.,”

Account Takeovers 82

Account Takeovers Database Authentication Crime 82

Fintech News

MARCH 20, 2024

Zero Downtime: Ensuring continuous banking operations Huawei addresses the challenge of zero downtime through its deployment of advanced, multi-active system architecture (MAS) solutions, such as its distributed database and cloud-native infrastructure.

Cybersecurity 116

Cybersecurity On-Demand Database Automation 116

Segpay

NOVEMBER 26, 2024

typing speed, location data), with authoritative databases or records. In the digital space, in-person checks of physical documentation is not an option. This process involves comparing official documents (e.g., passports, driver’s licenses), biometric data (e.g., fingerprints, facial recognition), or behavioral patterns (e.g.,

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

VISTA InfoSec

FEBRUARY 16, 2024

The verification process involves checking development procedures, training records, and interviewing personnel to ensure relevant training in line with job functions and languages. Use database safeguards (parameterized queries) to stop injections. Check memory boundaries when handling data. PCI DSS v3.2.1 PCI DSS v4.0

PCI DSS 100

PCI DSS Procedures Best Practices Verification 100

VISTA InfoSec

JANUARY 22, 2024

c For selected system components storing cardholder data: Check files and system records to ensure stored data doesn’t exceed policy requirements. Perform quarterly checks to delete or render unrecoverable excess data. b Check several tables or files from data repositories to confirm PAN is unreadable.

PCI DSS 100

PCI DSS Encryption Procedures Authorization 100

PYMNTS

APRIL 21, 2020

But, as Ariff Kassam, chief technology officer of distributed SQL database company NuoDB , told Karen Webster, legacy core banking systems can get in the way. He said such debt is a natural accumulation that gets a little weightier every time a company puts in a new system or databases are deployed on-premises.

Database 83

Database Mobile Banking Acquirers Technology 83

The Fintech Times

SEPTEMBER 19, 2024

Furthermore, its blend of biometric, document, and database checks is delivered within a GDPR-compliant framework. ID-Pal’s platform comprises a comprehensive set of tools for frictionless, secure identity verification and anti-money laundering (AML) screening.

Verification 64

Verification Process AML Fraud Detection 64

PYMNTS

NOVEMBER 12, 2020

The use of physical checks for payment, for example, remains prevalent in markets like India, Thailand and Malaysia, and the movement restrictions during the pandemic meant “there was a crisis for our clients in terms of being able to collect payments,” said Kanthadai. “We Digital Natives Versus Brick-And-Mortar.

Treasury 118

Treasury Innovation Cross-Border APACS 118

Nanonets

APRIL 14, 2023

Traditionally, this term referred to the manual process of examining paper or electronic documents and entering data into databases. These tools can then extract data from these documents and turn them into structured data that can be easily integrated into databases and other systems.

Process 98

Process Automation Database Legal 98