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How are Interchange Fees Calculated?

Stax

Card networks must maintain them properly and pay for fraud prevention tech (data encryption, tokenization, real-time tracking, etc.). Security technology Additional security measures like EMV chip cards and contactless payments can both influence interchange fees. One way to do this is to encourage card-present transactions.

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WISeKey to offer cyber-security for smart cities

The Paypers

(The Paypers) WISeKey has teamed up with Wellness Telecom to integrate and install its authentication data encryption and IoT cryptographic chip into millions of Wellness Telecom’s IoT devices.

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What Is Data Tokenization and How Does It Work?

Stax

Moreover, companies need to follow data privacy and compliance requirements to stay in business. There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. The modern-day casino chips can be thought of as a great example of tokenization.

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The Impact of Quantum Computing on Fintech Security Protocols

Fintech Review

This emerging technology holds particular relevance for fintech, which relies heavily on encryption to secure transactions and data. Researchers warn that powerful quantum computers could one day crack traditional encryption methods in a feasible time. Over time, cybersecurity threats pushed fintech security to evolve further.

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Hackers vs. Dracula: Biometrics Are No Silver Bullet

FICO

Encryption can be effective …. … but it’s not a stake through the heart of hacking. Data encryption is a highly effective defense against hackers, particularly in achieving HIPAA compliance to protect Protected Health Information (PHI). Like encryption, however, biometrics are not a silver bullet to stop hackers.

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Hackers vs. Dracula: Biometrics Are No Silver Bullet

FICO

Encryption can be effective …. … but it’s not a stake through the heart of hacking. Data encryption is a highly effective defense against hackers, particularly in achieving HIPAA compliance to protect Protected Health Information (PHI). Like encryption, however, biometrics are not a silver bullet to stop hackers.