The Payments Association

JUNE 3, 2025

Moreover, network tokenisation reduces the regulatory burden by eliminating the need to store sensitive card data, supporting the Payment Card Industry Data Security Standard (PCI DSS) compliance and lowering the risk of data breaches.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

My Payment Savvy

JUNE 16, 2025

Data is Encrypted & Tokenized Immediately after submission, the payment gateway encrypts the card data and replaces it with a token—a random, one-time-use ID. This tokenization keeps the sensitive card information off your servers, reducing the risk of a data breach and easing PCI DSS compliance.

Payment Gateways 52

Payment Gateways Gateways Online and Mobile Banking PCI DSS 52

Stax

NOVEMBER 21, 2024

Incidental fees : some providers have a raft of one-time fees for specific situations like chargebacks, voice authorization, address verification service (AVS), and non-sufficient funds.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Clearly Payments

MARCH 14, 2025

Tokenization : Converts sensitive card data into a unique token, reducing the risk of data breaches. 3D Secure Authentication : Adds an additional verification step for online transactions, such as a one-time password (OTP) or biometric authentication.

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Finextra

JUNE 26, 2025

Non-compliance, on the other hand, can lead to data breaches and legal troubles. PCI DSS: Safeguarding cardholder data If you handle card payments, PCI DSS compliance is non-negotiable. It also demands stronger verification steps before approving transactions. It also shows regulators that you’re serious about safety.

PCI DSS 52

PCI DSS AML Process Payment APIs and Integration 52

Stax

JANUARY 28, 2025

Enhanced securitytokenization and two-factor authentication reduces the risk of data breaches As we mentioned earlier, Click to Pay uses a data security approach called tokenization to protect sensitive financial data from malevolent actors.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

EBizCharge

NOVEMBER 27, 2024

Fraud detection and security tools: Merchant accounts often include tools and standards to prevent fraud and enhance security, including Payment Card Industry Data Security Standards (PCI-DSS). These practices help prevent fraud and protect against data breaches, fostering trust with your customers.

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

The Fintech Times

JANUARY 28, 2025

Contactless payments go some way to solving that problem but pose the risk of fraud as there is no PIN verification below the increasing threshold amount, now at 100 in the UK. PINs present an obvious security issue for those with visual or cognitive disabilities, with others able to oversee their inputs and then manipulate them.

Service Provider 59

Service Provider FinTech Underserved Innovation 59

EBizCharge

JANUARY 14, 2025

Data encryption is crucial for a payment gateway since it converts sensitive information, like credit card details, into a secure format to prevent unauthorized access during online payments. Strong encryption builds trust with customers and reduces the risk of data breaches.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 52

EBizCharge

JANUARY 21, 2025

Virtual terminals should implement strong payment security measures like encryption, tokenization, address encryption, address verification, and secure gateways to prevent fraud and data breaches.

Credit Cards 52

Credit Cards Encryption ACH Process 52

M2P Fintech

MARCH 24, 2025

Back in the day, loan management system s were synonymous with pile s of paperwork involving intricate manual calculations and lengthy verifications, leading to slow approvals. However, the influx of data from growing loan portfolios soon became overwhelming, slowing decisions. over the forecast period of 2024 to 2032.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Underwriting 52

Fintech Review

APRIL 11, 2025

It covers identity verification, anti-money laundering (AML), transaction monitoring, and reporting automation. As financial services shift online, platforms become targets for hackers, phishing attacks, and data breaches. The consequences of a breach go beyond financial loss they can erode trust and invite regulatory action.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cross-Border 52

The Fintech Times

JULY 25, 2025

Retaining risky practices Many UK businesses still rely on gut instinct and goodwill over hard verification when choosing suppliers, partners and clients, according to separate research from digital verification platform Umazi. Digital verification is not a future concept – it’s here now. The tools exist.

Due Diligence 45

Due Diligence Compliance Verification Data Breach 45

Finextra

JUNE 2, 2025

If Open Banking gave us Lego pieces like accounts, payments, and identity verification via APIs, DeFi supercharged the Lego set with even more pieces and global accessibility. In DeFi, composability is frequently celebrated with the meme of “Money Legos.” Every protocol is a Lego block that can snap onto others.

Finance 52

Finance Payment APIs and Integration API Regulations 52

Cardfellow

APRIL 27, 2025

Technically, the standard refers to storing, processing, or transmitting card data, but if you accept cards, youre doing one or more of those things. Previously, this only applied to accessing cardholder data remotely, such as for an employee working from home and accessing your systems. Achieving (and maintaining!)

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 52

EBizCharge

JUNE 12, 2025

Payment security concerns: With increasing threats like fraud, chargebacks, and data breaches, many businesses struggle to adapt to evolving compliance standards and security protocols, which can decrease customer trust and revenue. Risk classification: Based on these factors, your business will be classified into a risk category.

Process 52

Process Accounts Payment Gateways Gateways 52

Finextra

JUNE 26, 2025

A compelling study highlights this long-term impact, revealing that 47% of consumers would permanently cease shopping with a retailer following a data breach involving their payment card information. Beyond the quantifiable financial damage, fraud severely erodes customer trust and significantly tarnishes brand reputation.

Stablecoins 52

Stablecoins Payment APIs and Integration Fraud Prevention Cross-Border 52

Stax

OCTOBER 14, 2024

Fraud detection tools are also valuable, as they help minimize the risk of fraudulent transactions and safeguard your business and customers against data breaches. Beyond compliance, look for processors that offer advanced security features like tokenization and encryption, which add layers of protection to payment information.

Processors 88

Processors Small Business Payment APIs and Integration Payments 88

EBizCharge

MARCH 3, 2025

Tokenization is crucial in securing electronic payment methods, reducing data breaches, and ensuring a seamless payment integration with your financial processes in Acumatica. 3D Secure authentication requires an additional verification step during a credit card transaction.

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

Finextra

JUNE 26, 2025

A compelling study highlights this long-term impact, revealing that 47% of consumers would permanently cease shopping with a retailer following a data breach involving their payment card information. Online Seller Verification and Customer Review Fraud Prevention. Pay with TRIO offers: Settlement in minutes. transaction fees.

Stablecoins 52

Stablecoins Payment APIs and Integration Cross-Border Account Takeovers 52

VISTA InfoSec

FEBRUARY 25, 2024

A data breach could ruin your business overnight. Are you prepared to deal with regulatory fines, lawsuits, costly investigations, disrupted operations, and destroyed trust while cybercriminals profit freely from stolen data? That’s the harsh aftermath companies face today following high-profile breaches.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

Segpay

NOVEMBER 26, 2024

In today’s digital world, online ID verification has become a crucial component of customer onboarding. As we move our personal, financial, and governmental interactions to digital platforms, the need for reliable and efficient digital identity verification processes has become critical. What is Digital Identity Verification?

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

Segpay

OCTOBER 22, 2024

Privacy-Friendly Cryptographic Security in Compliance with the Law Resistance to traditional ID-based age verification is growing. In response, less intrusive alternatives like blockchain-based age verification are emerging. Additionally, companies that store sensitive data are prime targets for cyberattacks.

Verification 105

Verification Blockchain Privacy Encryption 105

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 278

Data Breach Regulatory Compliance Breach Encryption 278

PYMNTS

JULY 24, 2020

There were sellers offering data from what could have been 278,531 accounts, although some may have been duplicates or fake, the report noted. “We are not aware of any data breach at this time,” an Instacart spokesperson told BuzzFeed News. “We We take data protection and privacy very seriously.

Data Breach 86

Data Breach Breach Phishing Duplicate 86

PYMNTS

SEPTEMBER 23, 2020

California-based Jumio said its artificial intelligence (AI)-fueled identity verification offerings are now available to Microsoft Azure Active Directory External Identities for business-to-consumer (B2C) clients.

Verification 92

Verification B2C Best Practices Data Breach 92

PYMNTS

DECEMBER 31, 2018

So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65 countries. Even more disturbing, perhaps, is that 68 percent of those breaches took months for the breached companies to discover. According to early reports, the data breach impacted 0.5

Data Breach 92

Data Breach Breach Database Compromise 92

PYMNTS

OCTOBER 14, 2016

Another day, another potential data breach for a major retailer. The latest victim is apparel and accessory retailer Vera Bradley , as the company said it is investigating a potential payment card breach that might have impacted cards used at Vera Bradley stores between July 25 and Sept. Or so it seems. 23 of this year.

Data Breach 64

Data Breach Breach Verification Security 64

VISTA InfoSec

JUNE 18, 2024

As cyber threats evolve, safeguarding your organization’s data has become an utmost priority. Whether you’re a small business owner, a corporate leader, or an Information and Communication Technology (ICT) specialist, the consequences of a data breach are severe and far-reaching.

Data Security 266

Data Security Security Encryption Cybersecurity 266

PYMNTS

SEPTEMBER 17, 2020

Identity verification provider Jumio found in its Global Trust and Safety Survey that one in five U.S. The sharing economy — a market projected to be valued at more than $300 billion by 2025 — can adopt a number of different digital identity verification tools to help build that trust, however. . Seamless, Secure Onboarding .

Verification 89

Verification Authentication Economy Data Breach 89

VISTA InfoSec

APRIL 5, 2024

Operational interruption happens when cybersecurity is breached. 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. Also, training employees in the appropriate handling of data will significantly improve security.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

PYMNTS

MARCH 6, 2018

After its point of sale (POS) systems were reportedly affected by malware designed to capture credit card information, RMH Franchise Holdings is warning that its Applebee’s restaurants in 15 states suffered a data breach. The company said all its 167 locations were impacted, Bank Info Security reported. “In

Data Breach 56

Data Breach Breach Point-of-Sale (POS) Law Enforcement 56

PYMNTS

NOVEMBER 26, 2020

This process requires consumers to provide not only their usernames and passwords to access services, but also an additional form of verification such as a biometric identifier or a code that can be emailed to them or sent via text message. Leveraging phone-based verification. A silver lining exists, however.

Verification 69

Verification Security Authentication Online and Mobile Banking 69

Fintech News

MAY 27, 2024

The Evolving Fraud Landscape APAC has seen a significant uptick in corporate data breaches, profoundly impacting fintech companies. As per IBM Security’s report, APAC bore the highest average cost of a data breach globally, averaging US$3.24 million in 2021.

APACS 119

APACS Data Breach FinTech Fraud Prevention 119

Fintech News

APRIL 10, 2024

Entrust, known for its trusted payment and data security solutions, has finalised its acquisition of identity verification company Onfido. Todd Wilkinson “With the acquisition of Onfido, our customers can leverage global-leading identity verification technology to meet the new challenges of cybersecurity in the age of AI.

Verification 111

Verification Data Breach Encryption Cybersecurity 111

PYMNTS

MAY 20, 2016

Remember that LinkedIn data breach in 2012? The company announced this week that it’s recently been discovered that email and password information for more than 100 million LinkedIn members has been released as part of the data breach that was initially believed to have only impacted 6.5 million accounts.

Data Breach 43

Data Breach Breach Database Blocks 43

PYMNTS

OCTOBER 1, 2019

Another day, another data breach – at least it seems that way sometimes. Mobile device attributes for verification took the lead (44 percent), followed by artificial intelligence (42 percent) and machine learning (41 percent). The latest involves DoorDash , and reportedly impacted around 4.9

Data Breach 57

Data Breach Breach Account Takeovers Fraud Prevention 57