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? Q: What is the most secure online payment method?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

VISTA InfoSec

APRIL 3, 2024

Whether it’s falling prey to sophisticated phishing schemes or mishandling sensitive information, the actions of untrained or uninformed staff can compromise an entire organization’s security. Employees, often regarded as the weakest link in the security chain, can inadvertently become conduits for cyber attacks.

Cybersecurity 130

Cybersecurity Encryption Breach Phishing 130

Segpay

DECEMBER 13, 2024

Traditionally, organizations have employed a range of methods for identity verification, from passwords to multi-factor authentication (MFA) and, increasingly, biometric solutions. If a breach occurs, identity data, once compromised, is hard to restore.

Privacy 105

Privacy Compliance CCPA Authentication 105

VISTA InfoSec

MAY 15, 2025

Prevent Compromise of Credentials 4.1 Implement robust authentication mechanisms such as MFA. Implement Continuous Monitoring and Threat Detection Deploy Security Information and Event Management (SIEM) solutions for real-time monitoring. Reduce Attack Surface and Vulnerabilities 2.1 Internal Data Flow Security 2.2

SWIFT 100

SWIFT Security Best Practices PCI DSS 100

PYMNTS

JUNE 9, 2020

SCA, MFA, All the Way. While open banking is set to revolutionize the way financial institutions operate, data privacy will continue to play a prominent role, ensuring that these organizations are only accessing and collecting data that is necessary to deliver a product or service,” Zac Cohen, chief operating officer at Trulioo, told PYMNTS.

AML 52

AML MFA Authentication Verification 52

Segpay

NOVEMBER 26, 2024

These platforms often rely on a combination of multi-factor authentication (MFA), which may include passwords, biometric verification (e.g., The Future of Digital Identity Verification As the digital world continues to evolve, so will the technologies used for digital identity verification.

Verification 111

Verification Identity Theft Due Diligence Money Laundering 111

PYMNTS

APRIL 21, 2020

Business email compromise (BEC), B2B phishing scams, synthetic identities, fake accounts and trillions of aid dollars flooding out at a time of maximum uncertainty make this a fraudster’s paradise. COVID-19 has afforded internet villains what will certainly go down as the greatest cybertheft opportunity of their shadowy lifetimes.

Scams 63

Scams Automation Phishing Email Compromise 63

PYMNTS

FEBRUARY 8, 2019

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. “API integrations are definitely a blind spot for many companies.”

Phishing 66

Phishing MFA Credential Payment APIs and Integration 66

Stax

AUGUST 20, 2024

Once the customer has provided this additional layer of authentication, the card transaction will be allowed to continue. While security is paramount, it’s important not to compromise the user experience. This is what’s commonly known as two-factor authentication (2FA) or multi-factor authentication (MFA).

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

PYMNTS

JULY 13, 2020

The malicious programs can work continuously and rapidly, which boosts the possibility that they will eventually hit the correct combinations. Some of these attacks see bots entering random words and numbers, while others involve entering common usernames and passwords.

Credential 58

Credential Bots Authentication Online and Mobile Banking 58

Basis Theory

OCTOBER 1, 2024

Nearly 20 years later, with more than 300 requirements and sub-requirements, PCI DSS continues evolving. To ensure the keys themselves aren’t compromised, PCI provides guidance for key management (generation, storing, TTL, retirement, etc.) Another precaution worth highlighting is the use of multi-factor authentication (MFA).

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Stax

JULY 9, 2024

Since this trend continues to gain traction, many small businesses are also implementing this option for their customers. This payment method is convenient and continues to be a growing trend, especially among younger demographics. P2P payments, such as Venmo, PayPal and the Cash App, are popular among consumers.

Electronic Fund Transfer Act (EFTA) 88

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

Seon

SEPTEMBER 28, 2023

Password management : Using multi-factor authentication (MFA) and password managers. Here’s how: Office and data hygiene improvements reduce the likelihood of data being compromised. Combining training with post-training tests promotes continuous education and improvement.

Security 52

Security Phishing Best Practices Data Breach 52

PYMNTS

SEPTEMBER 7, 2017

In the past, fraud detection problems were approached as a standard classification problem that had limited effectiveness due to the dynamic nature of fraud, which involves adversaries who continuously change their tactics and employ cutting-edge technologies to stay under the radar. bitcoin) and blockchain-based developments.

Same Day ACH 46

Same Day ACH Fraud Detection Innovation Fraud Prevention 46

VISTA InfoSec

MAY 5, 2025

Implement security controls Deploy required cybersecurity measures like multi-factor authentication (MFA), data encryption, and segregation of duties. Update internal security policies that need to be updated to meet SWIFT CSP standards and set up continuous security monitoring. The Solution: Tackle the challenge step by step.

SWIFT 130

SWIFT Security Compliance MFA 130

VISTA InfoSec

JUNE 4, 2025

Prevent Compromise of Credentials 4.1 Implement robust authentication mechanisms such as MFA. Implement Continuous Monitoring and Threat Detection Deploy Security Information and Event Management (SIEM) solutions for real-time monitoring. Reduce Attack Surface and Vulnerabilities 2.1 Internal Data Flow Security 2.2

SWIFT 130

SWIFT Security Best Practices PCI DSS 130

Fintech News

MARCH 1, 2025

Bybit quickly replenished its reserves through emergency loans and whale deposits, ensuring customer withdrawals could continue. This suggests attackers are refining methods to penetrate offline storage through compromised internal systems or supply chain attacks.

Security 122

Security Phishing Breach Audit 122