The Payments Association

JANUARY 22, 2025

Building upon this framework, the EU Digital Identity Wallet Consortium (EWC) is leveraging the potential of the proposed EU digital identity to develop digital travel credentials. The EWC is actively engaged in pilot projects to expand the functionality of the reference wallet application for use cases related to digital travel credentials.

Security 88

Security Online and Mobile Banking Credential Verification 88

VISTA InfoSec

APRIL 5, 2024

A file falling into the wrong hands or credentials being revealed to unauthorized personnel could spell lost productivity and revenue. Data breaches don’t easily get overlooked. The aftermath of a data security concern could change the landscape of your business, depending on the incident. Tainted reputation.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

VISTA InfoSec

FEBRUARY 25, 2024

Breaches involve stealing or leaking confidential data like customer records, passwords, financial documents, emails, or intellectual property that companies entrust to online environments. You might be able to prevent data breaches by hiring cybersecurity services to harden systems continuously.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

Stax

MAY 5, 2025

Obtain the necessary API credentials API stands for Application Programming Interface. To get started, you need to generate the API credentials from the payment gateway provider. Next, create an account with the payment gateway provider and obtain necessary API credentials.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Multi-Currency 88

VISTA InfoSec

JUNE 3, 2024

Weak or compromised passwords are often the weak link in an organization’s security chain, providing an easy entry point for cybercriminals. Credential stuffing , a form of cyberattack where attackers use stolen credentials to gain unauthorized access to user accounts, highlights the need for strong password policies.

MFA 130

MFA Credential PCI DSS Compliance 130

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Owning this data puts FAMGA on the front lines in the fight against the theft and exploitation of our personally identifiable information (PII). Effective data security features are critical to securing this information.

Data Security 58

Data Security Encryption Security Data Breach 58

Fi911

MAY 14, 2025

How Encryption Works in Payments Encryption plays a crucial role in the secure transmission of sensitive data, such as payment card information and banking credentials. When a customer initiates a transaction, their data is instantly encrypted and remains secure during transmission, storage, and retrieval.

Encryption 79

Encryption PCI DSS Online and Mobile Banking Database 79

Fintech Review

NOVEMBER 28, 2024

sAxess includes Serenity’s patent-pending data recovery technology, offering secure pathways for data access under predefined conditions. Furthermore, this allows users to set specific conditions, such as inheritance, for authorized data access.

Security 52

Security Transactions Privacy Data Security 52

The Fintech Times

NOVEMBER 6, 2024

These include: Visa Flexible Credential – This enables a single card product to toggle between payment methods. “This innovative solution represents our commitment to providing a simple, convenient, and secure way for consumers to pay,” said Adeline Kim , country manager for Singapore and Brunei at Visa.

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

PYMNTS

JULY 2, 2020

“At the same time, we can make sure that we give customers complete transparency and visibility into which third parties are connected to their data and the tools to revoke that access at any time.”. Data security goes hand in hand with transparency as well.

B2B 109

B2B Payment APIs and Integration API Credential 109

Finovate

JANUARY 9, 2025

consumers a single place to pay over 120,000 billers using a standard checkout and secure payment experience. doxo leverages Plaid to securely access the consumer’s bank account, a feature that allows users to keep their account data secure. Founded in 2008, doxo allows U.S.

Facilitators 59

Facilitators Identity Theft Consumer Online and Mobile Banking 59

EBizCharge

FEBRUARY 26, 2025

Additionally, it includes security features such as tokenization, encryption, and fraud prevention tools to ensure compliance with Payment Card Industry Data Security Standards (PCI DSS). This integration is vital for efficient payment workflows and keeping financial transactions secure.

Credit Cards 52

Credit Cards Process Payment APIs and Integration Payment Gateways 52

VISTA InfoSec

NOVEMBER 7, 2023

Man-in-the-Middle attacks : Attackers secretly intercept and relay communication between two parties, potentially capturing login credentials. Brute force attacks : Cyber attackers use trial-and-error methods to guess login credentials, exploiting weak passwords. System verification : The system checks the entered credentials.

Authentication 130

Authentication MFA Cybersecurity Credential 130

Payments Source

OCTOBER 26, 2016

If online merchants can keep their sites secure, they stand to make big gains from a consumer base that is overwhelmingly willing to play its part in protecting payment credentials.

Security 96

Security Credential Consumer End User 96

PYMNTS

SEPTEMBER 26, 2016

A common thread to many of these attacks is compromised or hijacked credentials that allow an attacker to pose as a legitimate entity.”. Cybercriminals are now targeting web and mobile apps in attempts to secure stolen user credentials.

Online and Mobile Banking 78

Online and Mobile Banking SWIFT Credential Central Bank 78

PYMNTS

JANUARY 14, 2020

.’s Open Banking , which promote end-customer ownership of financial data and enable those customers to allow for banks to share their financial data with third-party service providers. Financial services firms deploy more and more point security products to cover the gaps created by the expanding attack surface,” he explained.

Security 101

Security PCI DSS Compromise Service Provider 101

PYMNTS

FEBRUARY 8, 2019

Plus, professionals will often use paper or spreadsheets to keep track of those login credentials. The reliance on passwords means those credentials become more of a security liability than protector, as cyberattackers attempt to infiltrate enterprise systems. most common) passwords and check them against millions of accounts.

Phishing 66

Phishing Payment APIs and Integration Credential MFA 66

Finovate

SEPTEMBER 23, 2024

Through this partnership, Plaid will help connect PNC customers to apps, while as the API provider, Akoya will ensure that PNC’s customer data is securely shared with third party apps powered by Plaid, without needing to share login credentials.

Credential 59

Credential API Blocks Agreements 59

Fintech News

MAY 1, 2025

This trend can be in part explained by improved web security practices by organizations. The use of stolen credentials is also widespread in APAC, present in 55% of breach cases in 2024. First, access is gained through compromised credentials, then, ransomware is deployed to extort payment or cause operational disruption.

APACS 83

APACS Data Breach Breach Ransomware 83

Payments Source

OCTOBER 17, 2018

Visa is expanding its Visa Token Service commercially with 20 acquirer/gateway partners it feels can immediately add scale for using interoperable Visa tokens in addition to the partners' own as credential-on-file token requestors.

Interoperability 69

Interoperability Credential Gateways Acquirers 69

PYMNTS

JUNE 26, 2020

All of this valuable data needs to stay out of the hands of fraudsters and other bad actors, of course. Open banking’s nature fortunately provides superior data security to traditional banking models. Open Banking Prevents Data Exposure. Amazon, for example, presents their credential to us as a TPP,” Elliott explained.

Consumer 79

Consumer Credential Financial Crimes Crime 79

Payments Source

DECEMBER 19, 2017

Stolen payment card data is a bad investment. There's just far more stolen payment credentials available than the "market" will bear.

Credential 63

Credential Security Payments Data Security 63

PYMNTS

DECEMBER 12, 2018

However, with so much sensitive information being transferred with each transaction, the need to keep the data secure has never been greater. In the new Smarter Payments Tracker , PYMNTS explores the latest efforts by banks and businesses to keep payments data secure from fraudsters, cybercriminals and other bad actors.

Data Breach 66

Data Breach Payments Faster Payments Breach 66

Payments Source

NOVEMBER 14, 2017

There is a visible shift in attack patterns immediately following a breach, from initial attacks focusing on high-value loan applications at online lenders to low-value identity testing on charities and social media sites to determine if a stolen credential will work.

Breach 64

Breach Credential Identity Theft Data Security 64

The Fintech Times

DECEMBER 17, 2023

The adoption of APIs promises to deliver heightened data security and privacy for TD customers, eliminating the need to share sensitive login credentials with third-party providers. “We know our customers are looking to access new types of services that meet their unique financial needs.

Agreements 64

Agreements Credential API Security 64

PYMNTS

JUNE 24, 2020

Vosburg said security of that consumer data has been top of mind — and for Mastercard, one particular spur to buy Finicity rests with the fact that access comes through Finicity’s negotiated agreements and API connections with banks. Although Mastercard is building out its open banking presence in Europe and is establishing its U.S.

Visa 105

Visa API Credential Encryption 105

Payments Source

JUNE 1, 2017

Kmart has been hit with a malware attack that has resulted in the compromise of payment card credentials for the second time in three years.

Credential 60

Credential Compromise Payments Data Security 60

Fi911

FEBRUARY 29, 2024

Gateway Credentials: Necessary access information for the payment gateway, including usernames, passwords, and API keys. Bank Account Details: Critical data regarding the merchant’s bank account for depositing sales revenues. Terminal Identification Numbers (TID): Specific codes for each payment terminal or cashier system.

VARS 91

VARS Payment APIs and Integration Regulatory Compliance Gateways 91

EBizCharge

MARCH 7, 2025

Compliance with industry standards: Compliance with Payment Card Industry Data Security Standards (PCI-DSS) is another significant benefit of integrating a payment gateway into Acumatica. Allowing customers to pay their invoices with just a few clicks also increases convenience, potentially boosting sales and repeat business.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

PYMNTS

NOVEMBER 23, 2020

He said allowing consumer consent to effectively control data access is the right approach to data security. That’s better than using log-in credentials that are enablers of scraping. Vosburg said the correct way to move toward open banking is through APIs, where link-ups with Finicity touch 50 percent of U.S.

Consumer 117

Consumer Visa Use Case CFPB 117

PYMNTS

DECEMBER 20, 2019

To drive maximum business value and the best experiences for their customers, these apps need to perform flawlessly while protecting data security and user privacy. Shape, in particular, protects against credential stuffing attacks in which cybercriminals take over online accounts with stolen passwords from third-party data breaches.

Security 52

Security Credential Data Breach Bots 52

PYMNTS

FEBRUARY 20, 2020

People usually provide their account login credentials to third-party data recipients so they can share their financial data. The new network boosts financial system security as it speeds up API adoption.

TCH 56

TCH API Data Security Credential 56

PYMNTS

OCTOBER 14, 2016

The payment system of handbag company Vera Bradley may have been compromised by a massive data breach last month. 15 by the FBI that a “potential data security issue” was discovered in its retail network, spokeswoman Julia Bentley told Reuters. The Fort Wayne-based retailer confirmed that it was notified on Sept.

SWIFT 75

SWIFT Compromise Cybersecurity Data Breach 75

Clearly Payments

JANUARY 12, 2024

Isolate and Secure the Affected System Immediately isolate any compromised systems or payment terminals to prevent further unauthorized access. Change passwords and access credentials for the affected systems to prevent continued unauthorized activity. Implementing robust security measures is another essential step.

Credit Cards 105

Credit Cards Law Enforcement Card Issuer PCI DSS 105

Clearly Payments

DECEMBER 18, 2023

Security: Contactless transactions often have additional security features like tokenization and biometrics, reducing the risk of card skimming or fraud. Mobile Wallets: The popularity of mobile wallets like Apple Pay and Google Pay makes contactless seamless, as users carry their payment credentials on their phones.

Payments Trends 102

Payments Trends Online and Mobile Banking Payment APIs and Integration Contactless Payments 102

PYMNTS

FEBRUARY 21, 2020

Criminals might use faked credentials to sign up for monthly purchasing plans, gain services for 30 days, and then vanish once the first bill arrives. False Positives and Data Security. Cybercriminals are eager to make off with valuable customer credentials they can use to perpetrate scams, and more than 7.9

B2B 61

B2B Scams Credential B2C 61

PYMNTS

JUNE 23, 2020

These credentials, however, are real and valid. In response, Michael Coates, Twitter’s trust and information security officer, tweeted he was confident Twitter’s systems had not been compromised. We have very strong evidence that Twitter was not hacked, rather the consumer was.

Data Breach 61

Data Breach Breach Compromise Credit Cards 61