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Praxis Tech Achieves ISO 27001 Certification for Information Security

Fintech Finance

” This adds to Praxis Tech’s existing data compliance credentials, including its adherence to the PCI-DSS Level 1 standard for safeguarding card payment data. This demonstrates that security excellence is not just a goal but a fundamental part of how we operate.”

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Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

Antony Lane, sales account manager at G+D , corroborates this, stating G+D increasingly uses tokenisation to improve in-app provisioning, simplify lifecycle credential management, and personalise user journeys across devices and channels. As a result, tokenisation is becoming essential for maintaining trust and fluidity.

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Which Wallet Solution Matches Your Business Model: eWallet or Digital Wallet?

Finextra

Users can: Store card credentials securely Authenticate with biometrics Make fast, online, and contactless payments Access loyalty points, tickets, or IDs You’re not managing funds. It simply facilitates transactions by linking to your customers existing financial instruments, like bank accounts or credit/debit cards.

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Understanding the Nature of Payment Gateway Integration For Your Mobile App

Stax

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.

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Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

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. Compliance Considerations Encryption must be managed carefully to comply with PCI DSS, GDPR, and similar frameworks. Tokenization may be the easier path.

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NetSuite Payments: Your Guide to Processing Credit Cards

EBizCharge

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 process typically involves: Configuring API credentials: Youll need API keys or credentials from the gateway provider to connect it to NetSuite.

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Beyond the Firewall: Rethinking Payment Data Security

Finextra

Even if a breach occurs, attackers get meaningless tokens rather than actionable payment credentials. Standards like PCI DSS don’t currently mandate tokenisation for bank details, but forward-thinking organisations aren’t waiting for legislation to catch up. There’s no regulatory requirement — yet — but that’s starting to shift.