VISTA InfoSec

DECEMBER 19, 2024

In todays article, we will explore what SWIFT CSP is, its key objectives, the compliance checklist, and how VISTA InfoSec can help you with compliance requirements. Detect and Respond Detect anomalous activity in system or transaction records Plan for incident response and information sharing SWIFT CSP compliance checklist 1.

SWIFT 173

SWIFT Cybersecurity PCI DSS Compliance 173

The Payments Association

DECEMBER 10, 2024

The growing threat of AI-related fraud puts financial institutions at risk of significant financial losses and jeopardises consumer trust and compliance with regulations. It has also expanded the scope of compliance by covering previously challenging areas to monitor. fingerprints, facial recognition), and behavioural biometrics (e.g.,

AI 88

AI Fraud Detection Fraud Prevention Deepfake 88

VISTA InfoSec

DECEMBER 19, 2024

In todays article, we will explore what SWIFT CSP is, its key objectives, the compliance checklist, and how VISTA InfoSec can help you with compliance requirements. Detect and Respond Detect anomalous activity in system or transaction records Plan for incident response and information sharing SWIFT CSP compliance checklist 1.

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

Stax

SEPTEMBER 17, 2024

TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. What is PCI Compliance? Why Is PCI Compliance So Important? PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. That’s where Stax comes in.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

The Payments Association

APRIL 7, 2025

It underscores the critical need for advanced technologies, regulatory compliance, and comprehensive strategies to effectively combat financial crime and safeguard the financial ecosystem What’s next? The existing technical mechanisms, like MFA and biometrics, will not be able to prevent this type of fraud. Why is it important?

Financial Crimes 88

Financial Crimes Crime AML Fraud Prevention 88

The Payments Association

MARCH 19, 2025

The rapid adoption of digital wallets has introduced a complex web of regulatory considerations, ranging from data privacy and cybersecurity to anti-money laundering (AML) compliance and cross-border transaction governance. Adopt multi-factor authentication (MFA) and biometric verification to reduce fraud risks.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Cardfellow

APRIL 27, 2025

Many businesses find PCI compliance confusing and frustrating, and there are times when it feels like you need a degree in cybersecurity just to understand what the standard wants you to do. In the past, Ive written about how to achieve and maintain PCI compliance. Required Multi-Factor Authentication (MFA) Version 4.0

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 52

EBizCharge

MARCH 18, 2025

Thankfully, this article will serve as a complete guide to help you securely process payments inside Sage 100, covering everything from integrating payment gateways into this system to ensuring compliance with security standards. By adhering to these standards, businesses can reduce data breach risks and maintain regulatory compliance.

Credit Cards 52

Credit Cards Process Security Data Breach 52

Stax

MARCH 4, 2024

Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. Many people use MFA when making purchases through Apple Pay, for example, using Face ID or a passcode to complete a purchase. What is SSL/TLS? Contact us to learn more.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

VISTA InfoSec

SEPTEMBER 25, 2024

Compliance: Ensure your CCaaS provider complies with industry regulations, such as GDPR or HIPAA, to protect customer data. Authentication: Implement multi-factor authentication (MFA) to add an extra layer of security to your system.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

VISTA InfoSec

OCTOBER 21, 2024

Compliance: Ensure your CCaaS provider complies with industry regulations, such as GDPR or HIPAA, to protect customer data. Authentication: Implement multi-factor authentication (MFA) to add an extra layer of security to your system.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

VISTA InfoSec

MAY 15, 2025

This article explores key security controls within the SWIFT CSP compliance framework and outlines best practices for financial institutions to strengthen their SWIFT security posture. Implement robust authentication mechanisms such as MFA. Assist in compliance reporting and attestation processes.

SWIFT 100

SWIFT Security Best Practices PCI DSS 100

VISTA InfoSec

JULY 31, 2023

After completing all the applicable requirements and steps mentioned in the PCI DSS checklist, businesses may engage a Qualified Security Assessor (QSA) to perform a formal assessment of their compliance with the PCI DSS. If any areas of non-compliance are identified during the assessment, the QSA will report their findings to the business.

PCI DSS 130

PCI DSS Security Encryption Risk Assessment 130

VISTA InfoSec

APRIL 3, 2024

In contrast, a robust cybersecurity posture not only offers protection against a multitude of threats but also ensures compliance with increasingly stringent regulations, thereby safeguarding the organization’s assets and its stakeholders’ interests.

Cybersecurity 130

Cybersecurity Encryption Breach Phishing 130

Fi911

JANUARY 31, 2024

Navigating the Path Ahead with Caution Banks bear significant overhead costs managing infrastructure, regulatory compliance, and customer service. AI-driven credit scoring models can rapidly assess an applicant’s creditworthiness, potentially reducing waiting times for loan approvals and enhancing customer satisfaction.

AI 105

AI MFA Regulatory Compliance Best Practices 105

Stax

NOVEMBER 21, 2024

However, other industry best practices apart from PCI compliance are also expected from a quality payment processor and they include: Multifactor authentication: MFA practices help to prevent unauthorized access to sensitive information by adding an extra layer of identity confirmation before the user is allowed to view the relevant data.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Fintech News

MAY 20, 2024

As regulatory expectations continue to evolve, it’s crucial for organizations to stay ahead of the curve and adapt their compliance strategies to mitigate financial crime risks effectively. The session will be moderated by Urs Bolt, a Fintech and Banking Expert.

FinTech 135

FinTech Embedded Finance BNPL On-Demand 135

PYMNTS

SEPTEMBER 21, 2020

billion transactions for potential suspicious activity and screened more than 157 million transactions for compliance with applicable sanctions requirements. As Standard Chartered noted to BuzzFeed in the wake of the FinCEN files report: "In 2019 we monitored more than 1.2

Fincen 139

Fincen AML Suspicious Activity Report (SAR) SARS 139

EBizCharge

APRIL 22, 2025

PCI compliance and security Integrated payment gateways typically come with built-in security features such as full compliance with Payment Card Industry Data Security Standards (PCI DSS) , tokenization, and encrypted data transmission.

Payment APIs and Integration 52

Payment APIs and Integration Payment Gateways Gateways Payments 52

Basis Theory

OCTOBER 1, 2024

It’s hard to argue the role PCI compliance plays in today’s digital economy. Achieving PCI compliance, especially Level 1, tells a powerful story to the market: you take your data and its security seriously. What are PCI Compliance Levels, and why do they matter? PCI Level 1 Compliant: Over 6 million transactions per year.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Segpay

NOVEMBER 26, 2024

Compliance with Regulations : Many industries, especially financial services, are subject to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which mandate the verification of customers’ identity to prevent illegal activities like money laundering, terrorism financing, and tax evasion.

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

The Payments Association

OCTOBER 24, 2024

However, many chargebacks occur due to buyer’s remorse, non-compliance with return policies, or simply failing to recognise a billing descriptor. Additionally, security protocols such as multi-factor authentication (MFA) and 3-D Secure help reduce the risk of unauthorised transactions and fraud. These measures, used by 32.4%

Disputes 88

Disputes Non-Bank MFA Legal 88

Finovate

MAY 1, 2024

Integrating Cloudentity’s orchestration and FGA capabilities will complement SecureAuth’s suite of identity security solutions such as its AI/ML Risk Engine and Passwordless MFA technologies. ” Cloudentity was founded in 2001. Prior to its acquisition, the company had raised $13 million in funding.

Acquirers 59

Acquirers Technology MFA Authorization 59

Global Fintech & Digital Assets

DECEMBER 11, 2023

Certification A covered entity’s CISO and highest-ranking executive must annually file a notice of compliance with the DFS. Covered entities must also retain for five years all documentation supporting a certification of compliance or acknowledgement of non-compliance and remedial efforts.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

EBizCharge

JULY 19, 2024

What is PCI compliance? PCI compliance refers to the adherence to the Payment Card Industry Data Security Standards (PCI DSS), a set of security standards designed to ensure that all entities that accept, process, store, or transmit credit card data maintain a secure environment.

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

VISTA InfoSec

FEBRUARY 28, 2024

Both factors must succeed to login. Verify compliance by checking vendor supports replay prevention, reviewing system settings mandate MFA, confirming exceptions are documented and rare, and observing logins remotely and within the card data environment require both factors. password and token).

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

PYMNTS

FEBRUARY 18, 2020

FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2. Requiring multifactor authentication (MFA) could add frictions to companies’ payment systems and customer experiences, but such tools are necessary to enable smart authentication and compliance decisions.

Authentication 52

Authentication Identity Theft Multifactor Authentication Fraud Prevention 52

EBizCharge

JULY 16, 2024

Navigating electronic payments requires a thorough understanding of compliance standards set forth by governing bodies such as the National Automated Clearing House Association (NACHA) network. Authorization documents must be retained and made available upon request, serving as proof of compliance and legitimizing the transaction.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

The Payments Association

OCTOBER 22, 2024

AI-based fraud scoring, geo-location monitoring, and implementing multi-factor authentication (MFA) can further enhance real-time fraud detection and prevention. Additionally, behavioural biometrics can detect fraud by monitoring user actions like typing speed or mouse movements for signs of coercion.

Rules 88

Rules Fraud Prevention Caps Deepfake 88

Nanonets

MAY 3, 2023

Like other fintech tools, Planful and Predict protect their users’ financial data with MFA as well as layers of the latest encryption technology. Its AI sorts transactions by country and currency to ensure finance and tax compliance with different countries' laws. However, it still needs to be fed the right data.

AI 94

AI Finance Advisors Fed 94

Seon

SEPTEMBER 11, 2023

Specialized AML: It’s your obligation to ensure that anti-money laundering legislation compliance and other local laws are respected by implementing dedicated AML solutions. Set up multi-factor authentication (MFA): Add one-time passwords (OTPs) or other types of MFA to all neobank accounts.

Identity Theft 52

Identity Theft Money Laundering Account Takeovers Fraud Prevention 52

Stax

JULY 9, 2024

Additionally, automated record-keeping and electronic transaction histories simplify auditing and financial reporting, making it easier for businesses to maintain compliance with regulatory requirements. Multi-factor authentication (MFA) is commonly used to verify the identity of users initiating EFT transactions.

Electronic Fund Transfer Act (EFTA) 88

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

The Payments Association

APRIL 7, 2025

It underscores the critical need for advanced technologies, regulatory compliance, and comprehensive strategies to effectively combat financial crime and safeguard the financial ecosystem What’s next? The existing technical mechanisms, like MFA and biometrics, will not be able to prevent this type of fraud. Why is it important?

Financial Crimes 88

Financial Crimes Crime Fraud Prevention AML 88

EBizCharge

MARCH 12, 2024

Merchants should also apply data encryption, tokenization, and multi-factor authentication (MFA) to ensure only authorized users can access payment portals. Lastly, maintain strict adherence to compliance regulations such as PCI DSS to protect customer data and build client trust.

Credit Cards 52

Credit Cards ACH Payment Gateways PCI DSS 52

Seon

SEPTEMBER 28, 2023

Key Topics for a Security Awareness Program A security awareness program should focus on strong, up-to-date cybersecurity compliance, equipment, and measures and ensure a level-headed and well-informed workforce. Key topics include: Latest regulatory compliance updates : The most recent news about security authorities and their protocols.

Security 52

Security Phishing Best Practices Data Breach 52

EBizCharge

AUGUST 8, 2024

Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data. This includes compliance with the Payment Card Industry Data Security Standards (PCI DSS) , encryption technologies, and fraud detection systems.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

VISTA InfoSec

JANUARY 9, 2024

and compliance with this updated version is mandatory for organizations to maintain data security. This will encompass all technologies categorized under Network Security Controls, including but not limited to WAF, IPS/IDS, DAM, DLP, PIM/PAM, MFA, and so on. And mark your calendars, because the current PCI DSS v3.2.1 PCI DSS v3.2.1

PCI DSS 113

PCI DSS Procedures Authorization Security 113