PYMNTS

JULY 30, 2019

Thompson formerly worked for Amazon Web Services, which hosted the Capital One database that was breached. The bank says it does not appear that the hacker had used the stolen information for fraudulent purposes, but investigators will continue to look into it. I’ve basically strapped myself with a bomb vest,” Ms.

Breach 87

Breach Law Enforcement Data Breach Social Security 87

Segpay

DECEMBER 13, 2024

For example, a leaked password can be changed, but a stolen fingerprint cannot, underscoring the need for secure storage and encryption practices in identity management. In identity management, this right is challenging, particularly if a users information is stored in various authentication databases.

Privacy 105

Privacy Compliance CCPA Authentication 105

Fintech Review

MARCH 18, 2025

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.

Security 66

Security Encryption FinTech Breach 66

PYMNTS

OCTOBER 31, 2016

.” “The fact that you can aggregate different types of information from different sources … we’ve been doing that already,” he continued. Then, “you can assume that all the transactions that are encrypted into that database in an immutable way are bound to that key.”

Online and Mobile Banking 76

Online and Mobile Banking Verification Database Authentication 76

Segpay

NOVEMBER 26, 2024

typing speed, location data), with authoritative databases or records. Organizations must ensure that they have robust data protection measures in place, including encryption and secure storage solutions, to protect users’ data. This process involves comparing official documents (e.g.,

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

PYMNTS

OCTOBER 17, 2017

So far, only information from the company’s user account database was leaked, which included details like email addresses, usernames and encrypted passwords for accounts that were created between 2008 and November of 2013. Currently, the company said it has found no evidence that there were any unauthorized logins or wrongdoing.

Data Breach 40

Data Breach Breach Encryption Cybersecurity 40

PYMNTS

JULY 10, 2019

Last year the hotel company revealed that guests’ data was accessed, tied to a breach of the Starwood hotel guest reservation database. The company also stated that credit card data may have been compromised even though it had been encrypted. We deeply regret this incident happened.

Regulations 54

Regulations Due Diligence Breach Data Breach 54

PYMNTS

AUGUST 16, 2019

We’ve invested heavily in cybersecurity and will continue to do so,” said a bank spokeswoman. The alleged hacker, Paige Thompson, was a former employee of Amazon Web Services, which hosted the Capital One database that was breached. “We The sources pointed out that about one-third of its employees left in 2018.

Caps 67

Caps Security Cybersecurity Breach 67

Wharton Fintech

FEBRUARY 26, 2024

Because of the value that has continued to evolve, you saw more and more payments start to shift. If you have noticed the chip that is on the card to provide encryption of all transactions and payments, when we moved into mobile devices like Apple Pay or Google Pay, we used the chips in your phone to offer similar encryption capabilities.

Visa 130

Visa Technology Payments Encryption 130

Basis Theory

OCTOBER 1, 2024

Nearly 20 years later, with more than 300 requirements and sub-requirements, PCI DSS continues evolving. PCI DSS outlines many requirements on how organizations must protect their data when not in use, but encryption is one of the most popular methods. Unlike encryption, tokenization creates a net new value, called a token.

PCI DSS 88

PCI DSS Encryption Compliance Assessments 88

CB Insights

MARCH 27, 2019

In a post, CEO of Facebook Mark Zuckerberg said: “I believe the future of communication will increasingly shift to private, encrypted services where people can be confident what they say to each other stays secure and their messages and content won’t stick around forever.” The Controversies. Source: The Smart Audio Report.

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

Exact Payments

JULY 1, 2024

Our software partners transmit merchant data to our APIs using Transport Layer Security (TLS) encryption. TLS encrypts data during transit and offers enhanced security features to combat man-in-the-middle (MiTM) attacks. They are updated continuously to defend against threats like DDoS attacks, botnets, and other automated attacks.

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

PYMNTS

JUNE 1, 2018

Amazon Web Services has announced the launch of Amazon Neptune , a fast and fully managed graph database. The days of modern technology companies using relational databases for all of their workloads have come and gone,” said Raju Gulabani, vice president of databases, analytics and machine learning at Amazon Web Services. “The

Database 40

Database ISOs Encryption API 40

Clearly Payments

OCTOBER 10, 2024

The Basics of Loyalty Programs At their core, loyalty programs are structured marketing strategies designed to encourage customers to continue purchasing from a particular business. Every time a card is swiped or a digital wallet is used, the processor records the transaction and updates the loyalty program database.

Processors 105

Processors Payments Credit Cards Point-of-Sale (POS) 105

PYMNTS

JULY 24, 2019

The financial services regulatory landscape needs to evolve and adapt as innovation in banking, insurance and regulatory technology continues to grow,” Financial Services Superintendent Linda A. Security researchers Noam Rotem and Ran Locar discovered the database and reported their findings to TechCrunch.

Regulations 43

Regulations Database Bitcoin Best Practices 43

Segpay

NOVEMBER 20, 2024

As these technologies continue to evolve, they not only enhance security but also improve user experience. Continuous Security : Some biometric systems are now incorporating continuous authentication. To address this, many systems now use encryption and secure storage techniques such as on-device storage.

Security 98

Security Technology Privacy Compromise 98

CB Insights

FEBRUARY 12, 2019

In addition to flexibility, SD-WAN provides greater network bandwidth, better network performance, extended reach, and end-to-end encryption. Time Series Databases. The growing volume of time-stamped data from IoT devices is reviving interest in the decades-old database system. Graph Databases. Source: Jules Bartow.

Database 55

Database CHIPS Automation Origination 55

Stax

AUGUST 20, 2024

Once the customer has provided this additional layer of authentication, the card transaction will be allowed to continue. This means implementing two-factor authentication, encryption, and tokenization measures to ensure that all customer data is securely stored and processed. What Role Do Encryption and Tokenization Play in 3D secure?

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

PYMNTS

NOVEMBER 14, 2019

Those 8 billion security events that Visa captures every day are analyzed in depth on a continuous basis to understand “what is good and what is bad” in day-to-day operations. The devaluation comes through encrypted solutions or tokenization. Intelligence-Driven Security . They ask ‘what does an attack look like?’

AI 84

AI Transactions Phishing Cybersecurity 84

VISTA InfoSec

FEBRUARY 16, 2024

Use database safeguards (parameterized queries) to stop injections. Insecure Cryptographic Storage: - Protect encryption keys and sensitive data they can access. - Use strong encryption, prevent flawed implementations. Insecure Cryptographic Storage: - Protect encryption keys and sensitive data they can access. -

PCI DSS 100

PCI DSS Procedures Best Practices Verification 100

PYMNTS

DECEMBER 27, 2018

According to the AP report, the Estonian platform “is underpinned by software called X-Road, a decentralized data exchange system that links databases. Outgoing data is digitally signed and encrypted, and all incoming data is authenticated and logged.”. Digital Savings. Sometimes the work involves relatively small initial steps.

Government 63

Government Governance Database Privacy 63

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. Rebank Rebank is a finance and legal database for companies operating in multiple countries and currencies. If you use Planful, you can also use Predict.

AI 94

AI Finance Advisors Fed 94

Nanonets

JULY 10, 2024

An example of key-value pair extraction KVPs are the building blocks of many data structures and databases. Before the accuracy of deep learning meets the needs of the markets for such tasks, OCRs are performed with the following procedure: Database creation : First, we build a vast library of known characters and symbols.

Database 74

Database Process Use Case Correspondent 74

PYMNTS

FEBRUARY 13, 2019

This trend has also shone a spotlight on the importance of data security for organizations, he added, a concern that is likely to increase as the enterprise continues to address data integration challenges. “You won’t just crack open your general ledger to a CRM database guy.”

Finance 75

Finance Financial Literacy Accounts API 75

PYMNTS

SEPTEMBER 9, 2016

At the G20 international summit in China, President Obama told the media that, as countries continue to build up their arsenals of cyberweapons, the chance for a “free-for-all” to break out in the cyberspace is likely, unless everyone starts acting responsibly — and fast. His remarks come as the U.S. Android Users Can’t Catch A Break.

Phishing 41

Phishing Breach PayPal Database 41

PYMNTS

DECEMBER 19, 2016

Not only was the data stolen, but security experts at InfoArmor said full copies of the database were selling for as much as $300K on the Dark Web. Andrew Komarov, chief intelligence officer at InfoArmor, told The New York Times that a hacking collective based in Eastern Europe quietly began offering the whole database for sale in August.

Credit Cards 46

Credit Cards Breach Blockchain Data Breach 46

PYMNTS

JUNE 29, 2017

While MiFID II requires firms to provide regulators with immediate access to client databases, GDPR requires that the data be encrypted. The technology, Holmes said, can learn as it goes, able to continually take in additional information about changes to existing policies or new regulations.

AI 49

AI Compliance Regulations Rules 49

CB Insights

FEBRUARY 21, 2019

Reducing siloed databases: Real estate processes would benefit from secure and tamper-resistant shared databases that compile data and documents from various different stakeholders in one place. Blockchain technology can fix these problems by allowing a property listing to exist on a single decentralized database.

Blockchain 78

Blockchain Due Diligence Legal Transactions 78

Nanonets

AUGUST 23, 2023

It could be exporting the data to your ERP or CRM system or updating your databases. The best part is that the platform continuously learns, retrains, and effortlessly integrates with other tools and software. It uses advanced encryption and secure data storage and transmission methods to protect your data.

Process 97

Process AI Payment APIs and Integration Compliance 97

Exact Payments

JANUARY 4, 2024

Encryption and tokenization, the process of replacing sensitive data with a non-sensitive token, should be employed to ensure data security. Encrypt transmission of cardholder data across open, public networks Even when cardholder data isn’t stored, security threats exist during the data transmission process.

PCI DSS 52

PCI DSS Compliance Audit Encryption 52

PYMNTS

NOVEMBER 1, 2017

Our investments in technologies like biometrics, tokens, encryption and artificial intelligence are redefining the way both consumers and transactions are protected.” we continue to see steady economic growth, low unemployment and inflation,” said Banga on a post-earnings call. ” By The Numbers. Net income in Q3 was up $1.43

Visa 49

Visa Push-to-Card Same Day ACH Volume 49

PYMNTS

JUNE 29, 2018

The company has said that the transfer of encrypted data on a blockchain can lead to better security, and the wallet function lets users both view and purchase data (or sell it) via the marketplace. And, in an era of connectivity, he continued, “the concept of ‘closed is safe’ in the current centralized architecture is out of date.

Blocks 44

Blocks Blockchain Research Security 44

PYMNTS

JUNE 7, 2018

Consumers must acknowledge they understand the new terms of service related to how their data is used, and companies must offer them the right to have their data removed from those databases upon request. Meanwhile, the number of digital roadblocks that have gone up in the wake of the GDPR continues to grow.

Phishing 43

Phishing Scams Regulations Ransomware 43

PYMNTS

NOVEMBER 1, 2017

Our investments in technologies like biometrics, tokens, encryption and artificial intelligence are redefining the way both consumers and transactions are protected.” we continue to see steady economic growth, low unemployment and inflation,” said Banga on a post-earnings call. ” By The Numbers. Net income in Q3 was up $1.43

Push-to-Card 45

Push-to-Card Visa Same Day ACH Volume 45

Nanonets

SEPTEMBER 17, 2024

As detection methods become more sophisticated, the risks of attempting such fraud continue to increase. Individuals and businesses must understand these risks and continuously operate within legal and ethical boundaries. Many users use free online tools to remove encryption and edit the content.

Fraud Detection 52

Fraud Detection Online and Mobile Banking Verification AI 52

Nanonets

FEBRUARY 27, 2024

Receipts are captured faster than a speeding bullet, thanks to the wonders of mobile technology and seamless integrations to import receipts from your apps and databases. The Compliance Cruise Control:  Continuous, automated audits make life easier. Furthermore, you can enforce your approval policy and custom validation checks.

Automation 52

Automation Database Audit Use Case 52

PYMNTS

MARCH 30, 2018

PreVeil provides corporates with end-to-end encryption of their messaging and documents while nixing the need for passwords, enabling only business customers to access protected files. Kenna said it plans to use the funds to expand its team, focus on sales and continue innovation efforts. Kenna Security.

B2B 46

B2B Payment APIs and Integration Cybersecurity Participant 46