EBizCharge

JANUARY 21, 2025

Secure payment processing: Data encryption ensures that credit card details and payment data are secure, reducing fraud risk. 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

Core

MARCH 19, 2024

Conducting Due Diligence on Vendors and Suppliers When working with vendors and suppliers, verifying their legitimacy can reduce the risk of entering into contracts with entities that could attempt to defraud payment processes. A PCI compliance checklist is a good place to start.

Fraud Detection 52

Fraud Detection Governance Government Compliance 52

Stax

SEPTEMBER 17, 2024

On top of that, financial institutions have various security measures, such as data encryption, and other strict banking protocols to enhance security. Domestic wire transfers are often settled immediately or after any routine due diligence. Eastern Time).

Wire Transfer 88

Wire Transfer Wires Wire ACH 88

Fintech Review

MARCH 18, 2025

As banking services went digital, encryption became increasingly important for protecting information. In the late 20th century, banks began adopting cryptographic algorithms to shield data. The Data Encryption Standard (DES) emerged in the 1970s, followed by the RSA algorithm for secure communications.

Security 66

Security Encryption FinTech Breach 66

Nanonets

APRIL 29, 2024

Look for features such as role-based access controls, data encryption, and compliance certifications (e.g., SOC 2, GDPR) to safeguard sensitive financial data.   In addition to the factors mentioned above, it's crucial to conduct due diligence and thorough research into various software options.

Reconciliation 52

Reconciliation Payment APIs and Integration Audit Regulatory Compliance 52

Fintech Labs Insights

MARCH 24, 2016

On Finovate.com: Finovate Debuts: OutsideIQ Heralds a Revolution in Due Diligence with DDIQ for Onboarding. Entrust Datacard and Trend Micro team up to provide businesses with better data encryption and authentication technology. Stephen Ritter Joins Mitek as Chief Technology Officer. Zooz now supports Android Pay.

Due Diligence 14

Due Diligence Multi-Currency Data Encryption Encryption 14

Stax

SEPTEMBER 17, 2024

Most payment gateways come with features like fraud detection and data encryption that are specifically geared towards keeping your customers’ payment information secure. Popular payment gateways include Authorize.net, Stax, Stripe, Adyen, and Square. Some of them also offer a merchant account (besides the payment gateway).

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88