VISTA InfoSec

MAY 15, 2025

What is SWIFT CSP The SWIFT CSP, launched in 2016, is designed to mitigate cybersecurity risks and enhance the overall security of financial institutions. Implement robust authentication mechanisms such as MFA. Regularly Update and Patch Systems Apply security updates to all SWIFT-related components to mitigate known vulnerabilities.

SWIFT 100

SWIFT Security Best Practices PCI DSS 100

VISTA InfoSec

DECEMBER 19, 2024

Use multi-factor authentication (MFA) for SWIFT interfaces and applications. Monitoring and Threat Detection Deploy tools for continuous monitoring of SWIFT-related environments. Test the IRP periodically to ensure its effectiveness in mitigating cyber incidents. Regularly review and update user access privileges.

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

Fi911

JANUARY 18, 2024

Multi-Factor Authentication (MFA) Implementing MFA for customer authentication can significantly enhance security. Timely responses can help mitigate the impact on affected customers and prevent further losses. At the end of the day, the fight against fraud is a collaborative effort across every industry and vertical.

Account Takeovers 105

Account Takeovers MFA Fraud Detection Credit Cards 105

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?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

EBizCharge

MARCH 18, 2025

4 security challenges of credit card processing With the increasingly digital payment landscape, security threats continue to evolve to target sensitive information such as payments. To mitigate these risks and secure financial data, pairing your Sage 100 with a secure payment gateway provider with robust security features is key.

Credit Cards 52

Credit Cards Process Security Data Breach 52

The Payments Association

OCTOBER 22, 2024

As fraud continues to rise, especially with the emergence of AI-powered scams, is this new regulation enough to tackle the ever-evolving threat of financial fraud? Mitigating APP fraud While refunds provide some level of protection for individuals, they are perceived as a constant burden for financial institutions.

Rules 88

Rules Fraud Prevention Caps Deepfake 88

VISTA InfoSec

NOVEMBER 12, 2024

Monitoring and logging : Continuous monitoring of all systems and logging of activities is required to detect suspicious behavior ( Requirement 10.1 ). Implement multi-factor authentication (MFA) and unique user IDs for all users accessing the CDE, and regularly review access levels to ensure compliance with the least-privilege principle.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

Monitoring and logging : Continuous monitoring of all systems and logging of activities is required to detect suspicious behavior ( Requirement 10.1 ). Implement multi-factor authentication (MFA) and unique user IDs for all users accessing the CDE, and regularly review access levels to ensure compliance with the least-privilege principle.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

Fintech News

MAY 20, 2024

These virtual events became vital for maintaining business continuity, serving as a means for internal meetings and connecting with clients and audiences. Post-COVID-19, webinars continue to thrive, owing to their versatility, accessibility, affordability and effectiveness in engaging and educating audiences in an increasingly digital world.

FinTech 134

FinTech Embedded Finance BNPL On-Demand 134

PYMNTS

FEBRUARY 8, 2019

Considering the risks : It’s surprising that organizations remain so ill-prepared to mitigate the threat. “We have a lot of customers not even employing MFA. Yet, according to Pedersen, most professionals are still not educated on how to spot a phishing attack. How can you not do that?

Phishing 66

Phishing Credential MFA Payment APIs and Integration 66

VISTA InfoSec

JULY 31, 2023

Conduct Periodic Evaluations of Your Configuration Guidelines : Regularly review your configuration rules and flowcharts, at least every six months, to ensure they continue to meet your business needs. In addition to unique access, PCI DSS requirements mandate the use of multi-factor authentication (MFA) mechanisms.

PCI DSS 130

PCI DSS Security Encryption Risk Assessment 130

Global Fintech & Digital Assets

DECEMBER 11, 2023

Requirements related to business continuity and disaster recovery have also been included for the first time. Importantly, the Amendments also removed the use of text message as an approved form of MFA, noting that it is “widely considered to be a weaker from of MFA.” The Amendments reflect a continuation of that trend.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

EBizCharge

JULY 16, 2024

This includes developing policies and tools to adequately identify, assess, and mitigate potential fraud. A crucial aspect of risk management within NACHA’s framework involves continuous monitoring of transactions to detect anomalies or patterns that may indicate unauthorized activity. How are ACH transaction fees determined?

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

Stax

SEPTEMBER 17, 2024

To mitigate this risk, all transmission of cardholder data must be encrypted using strong cryptographic protocols such as TLS (Transport Layer Security) or IPsec (Internet Protocol Security). This includes the use of unique IDs and strong passwords or multi-factor authentication (MFA) methods.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

VISTA InfoSec

JUNE 4, 2025

The SWIFT CSP, launched in 2016, is designed to mitigate cybersecurity risks and enhance the overall security of financial institutions. 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.

SWIFT 130

SWIFT Security Best Practices PCI DSS 130

Segpay

DECEMBER 19, 2024

Identity as a Service, Key to Seamless Digital Transformation As the world continues to digitalize, the need for secure, and scalable identity management systems becomes critical. These adaptive security measures help mitigate potential breaches.

Verification 104

Verification Authentication MFA Compliance 104

Fintech News

MARCH 1, 2025

Bybit quickly replenished its reserves through emergency loans and whale deposits, ensuring customer withdrawals could continue. Cybercrime syndicates operate like corporations, complete with research and development teams, continuously refining their attack strategies to launch some of the biggest crypto hacks.

Security 107

Security Phishing Breach Audit 107

EBizCharge

FEBRUARY 13, 2025

Trustworthy providers will also secure your payment processing system with multi-factor authentication (MFA) or two-factor authentication (2FA), real-time authentication monitoring, 3D Secure, and more. With these tools, businesses can optimize payment workflows, reduce financial risks, and make data-driven decisions to enhance efficiency.

Processors 52

Processors Payment Gateways Duplicate Disputes 52