Stax

FEBRUARY 19, 2025

Expanding into new markets by leveraging ISV solutions that cater to global compliance requirements and multilingual support. A prime example is an accounting software company partnering with a tax compliance ISV to offer automated tax calculations, attracting businesses seeking regulatory compliance.

ISVS

VISTA InfoSec

MARCH 28, 2024

In the digital age, protecting customer data is a cornerstone of trust and reliability between a company and its consumers. As cyber threats loom larger and data breaches become more frequent, safeguarding sensitive information cannot be ignored. You should also regularly review stored data and purge what is no longer needed.

Data Breach

PYMNTS

FEBRUARY 21, 2019

Security and technology consulting company Accutive is rolling out a new solution designed to give enterprises an alternative to data encryption to protect sensitive information. 20), Accutive said it is launching its Data Discovery and Data Masking solutions. In a press release on Wednesday (Feb.

Encryption

Stax

MARCH 18, 2025

Payment tokenization helps safeguard cardholder data, so your users can collect and process payments securely. TL;DR Payment tokenization (sometimes referred to as credit or debit card tokenization) involves taking sensitive information, such as credit card data or bank account numbers, and protecting it by replacing it with a token.

PCI DSS

Stax

NOVEMBER 6, 2023

Moreover, companies need to follow data privacy and compliance requirements to stay in business. There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. The resulting token is essentially a proxy and has no real value.

Encryption

Fi911

FEBRUARY 29, 2024

The Importance of a VAR Sheet for Banks For banks, the VAR Sheet holds particular significance, offering a multitude of benefits: Risk Management: By detailing security measures and compliance protocols, the VAR sheet helps banks mitigate the risk of fraud and data breaches associated with payment processing.

VARS

Segpay

FEBRUARY 21, 2024

Tokenization: Generative AI contributes to the implementation of tokenization, a technique that replaces sensitive data, such as credit card numbers, with unique tokens. These tokens are generated for each transaction, reducing the risk of data breaches. This provides digital payment methods with an additional level of security.

AI

VISTA InfoSec

AUGUST 22, 2023

As technology advances and the use of biometric data becomes more prevalent, it is crucial to address the privacy concerns and regulatory compliance associated with this sensitive data. Artificial Intelligence (AI) can also be utilized to ensure compliance and responsible handling of biometric data.

Privacy

Stax

MARCH 15, 2024

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.

Process

Segpay

NOVEMBER 26, 2024

Blockchain’s decentralized nature helps reduce the risk of identity theft and data breaches, offering a promising future for secure, tamper-proof digital identity verification in payments. Biometric data is very private and sensitive to cybercrime and any security breach of this data has serious consequences.

Verification

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

Risk Management

Fintech Review

DECEMBER 3, 2024

High-profile data breaches often make consumers wary of storing sensitive information digitally. Educating users about encryption and tokenisation can help address these concerns. Insights derived from payment data enable personalised marketing and inventory optimisation. Conversely, security concerns can deter adoption.

Payment Solutions

Nanonets

DECEMBER 13, 2023

2: Proactive Regulatory Compliance AI plays a crucial role in ensuring regulatory compliance in insurance claims processing through the following: Automated Compliance Checks: AI algorithms can be programmed to conduct automated checks against regulatory requirements.

AI

Seon

SEPTEMBER 28, 2023

Verizon Business estimates that 74% of data breaches are down to individuals being absent-minded or tricked by social engineering attacks such as phishing emails. The Importance of Security Awareness Training The fact that so many data breaches occur due to human error highlights the importance of security awareness training.

Security

Neopay

JUNE 27, 2024

Your senior team will all need to have understand the obligations on the firm and be able to prioritise regulatory compliance and its impact across the business. Additionally, firms should stay updated on regulatory changes and developments in the payments industry.

Financial Crimes

M2P Fintech

NOVEMBER 7, 2024

Security & Confidentiality Lenders handle vast amounts of personal and confidential information, making robust security measures essential to protect against data breaches, fraud, and unauthorized access.

Origination

Segpay

MARCH 10, 2025

Here’s how it works: Encryption & Secure Transmission: The payment gateway encrypts the player’s payment details and securely transmits them to the payment processor. Tokenization & Encryption All sensitive payment data is encrypted and tokenized, reducing the risk of data breaches.

Payment Gateways

Nanonets

JUNE 27, 2023

Document digitization provides enhanced security measures, such as encryption, access controls, and backup options, ensuring the confidentiality and integrity of sensitive information. Regulatory compliance and auditing Compliance with industry regulations and retention policies is critical for businesses.

Product

Nanonets

SEPTEMBER 18, 2024

Solutions: Choose a reputed automation tool that adheres to national and global compliance and regulatory standards such as GDPR, HIPAA, SOC2, ISO 27001, FedRAMP (in the U.S.) Financial document automation is crucial to ease employee stress, improve customer service, reduce turnaround times, and enhance regulatory compliance.

Automation

EBizCharge

JULY 18, 2024

Enhanced data security The security protocols inherent in EDI payments are rigorous, ensuring that sensitive financial information is protected. Cybersecurity is critical, as financial data is particularly sensitive and attractive to cybercriminals.

ACH

Nanonets

JUNE 19, 2023

It involves implementing measures such as firewalls, intrusion detection systems, access controls, encryption, and other security protocols to protect sensitive data and ensure the integrity and confidentiality of automation processes. Let us show you how you can automate your entire AP data workflow in seconds.

Automation

Nanonets

AUGUST 22, 2023

Finance and Banking: Financial institutions deal with vast amounts of data, including transaction records, account balances, investment portfolios, and risk assessments. Excel automation can streamline financial analysis, reporting, budgeting, and regulatory compliance processes.

Automation

Segpay

MARCH 20, 2024

By analyzing patterns in transaction data, generative AI algorithms identify anomalies and suspicious behavior in real time, flagging potentially fraudulent transactions for further investigation. Risk Management and Compliance AI is crucial in risk management and regulatory compliance within the banking industry.

AI

The Payments Association

MARCH 20, 2025

Phishing attacks, ransomware, and data breaches have become constant threats. Regulatory compliance forms the third. With frameworks like DORA and the FCAs operational resilience requirements, businesses must work to anticipate future regulatory trends.

Compliance

EBizCharge

MAY 12, 2025

This comprehensive guide will walk you through everything you need to know about secure payment processing systems, from how they work and why encryption and tokenization matter to practical steps for avoiding chargebacks and choosing the best gateway.

Process