EBizCharge

JANUARY 14, 2025

Overall, the payment gateway acts as a secure bridge that encrypts sensitive data, such as credit card details, to ensure the transaction is processed safely and efficiently. Strong encryption builds trust with customers and reduces the risk of data breaches. How much does a payment gateway cost?

Payment Gateways 52

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

VISTA InfoSec

APRIL 28, 2024

It is of utmost importance for banks to ensure the safety and security of the cardholders’ data. The Payment Card Industry Data Security Standard (PCI DSS) compliance 4.0 offers essential guidelines and a framework to safeguard cardholders’ data and mitigate any potential data breaches that may occur in banks.

PCI DSS 130

PCI DSS Compliance Assessments Data Breach 130

Stax

MARCH 13, 2025

Card networks must maintain them properly and pay for fraud prevention tech (data encryption, tokenization, real-time tracking, etc.). Interchange fees help mitigate the financial impact of these risks, ensuring cardholders can continue to access credit. Swipe fees fund these initiatives and cover the maintenance costs.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

Fintech News

APRIL 22, 2024

SecIron Enhances Mobile App Security SecIron emerges as a critical solution provider in the mobile security space in Indonesia to the fight against cyber threats, offering cutting-edge cybersecurity solutions designed to mitigate the risks posed by malware and phishing attacks. Finally, SecIron understands the importance of data privacy.

Phishing 119

Phishing Security Blocks Cybersecurity 119

VISTA InfoSec

SEPTEMBER 5, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. This article explores the most common cyber security threats targeting SMEs, practical measures to mitigate risks, and essential steps to take in the event of an attack. Lets get started.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. This article explores the most common cyber security threats targeting SMEs, practical measures to mitigate risks, and essential steps to take in the event of an attack. Let’s get started.

Security 130

Security Phishing Ransomware Risk Assessment 130

Fintech Review

MARCH 18, 2025

This emerging technology holds particular relevance for fintech, which relies heavily on encryption to secure transactions and data. Researchers warn that powerful quantum computers could one day crack traditional encryption methods in a feasible time. Over time, cybersecurity threats pushed fintech security to evolve further.

Security 66

Security Encryption FinTech Breach 66

Stax

MAY 5, 2025

To mitigate this, perform additional QA in controlled production settings, or use gateways that offer advanced testing tools and staging environments closer to live conditions. Fraud detection systems might not be active in the sandbox, leading to a false sense of security.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Multi-Currency 88

The Finance Weekly

DECEMBER 30, 2021

Heightened Data Security A data security breach is one of the CFO’s biggest nightmares. To prevent harm to your network and mitigate risk, consider requiring multi factor authentication to access company data, encrypting email, securing email attachments, and implementing other best practices.

Technology 130

Technology MSPS Small Business Data Security 130

The Fintech Times

OCTOBER 25, 2024

The advanced security capabilities embedded within this solution include data encryption, isolation of customer environments, embedded Hardware Security Modules with the highest security certification, and a versatile governance framework that removes single points of compromise and helps mitigate the risks associated with malicious actors.

Data Encryption 59

Data Encryption On-Demand Encryption Compromise 59

The Finance Weekly

JUNE 5, 2024

Facilitate data-sharing with stakeholders using APIs, ETL connectors, and built-in integrations. 8) Security Top-tier security and compliance measures, including BYOK, role-based access control, user management, SSO support, and data encryption at rest.

AI 130

AI Audit API Use Case 130

EBizCharge

MARCH 11, 2025

These fees cover the cost of securely transmitting payment data, encrypting sensitive data, and authorizing transactions in real-time. Gateway fees: Gateway fees are the fees merchants pay to use a payment gateway, which acts as a bridge between their website or point-of-sale (POS) system and the payment processor.

Processing Costs 52

Processing Costs Process Credit Cards Payment Gateways 52

Stax

FEBRUARY 26, 2024

Because the transaction takes place through a payment gateway that utilizes data encryption or tokenization to secure sensitive information during transmission, accepting payments using a virtual terminal from Stax (which is PCI compliant) is secure. Learn More What Is a Contactless Virtual Terminal?

Credit Cards 88

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 88

EBizCharge

MARCH 12, 2024

The top-rated EBizCharge payment processing platform integrates seamlessly with the top accounting/ERP systems, CRMs, and shopping carts, eliminating the need for manual data entry and reducing the risk of errors. Furthermore, EBizCharge offers advanced security features to protect sensitive customer data and reduce the risk of fraud.

Credit Cards 52

Credit Cards ACH Payment Gateways PCI DSS 52

PYMNTS

JANUARY 27, 2017

It’s shocking that a company of Yahoo’s size and long history could fall prey to such attacks and that there were no countermeasures, such as data encryption, in place to prevent them.”. Encrypting data in place can help mitigate the damage done when breaches do occur,” Chiu noted.

Data Breach 71

Data Breach Breach Security Risk 71

EBizCharge

OCTOBER 25, 2023

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM Data Breach Report , the global average cost of data breaches was $4.45 million this year, up 15% over the last three years.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

Exact Payments

FEBRUARY 5, 2024

ISVs will now be required to incorporate SAD within their data retention policies, necessitating the removal of users who have remained inactive during the specified retention period. Change #2: Primary Account Number (PAN) Encryption The security of sensitive information, such as primary account numbers (PANs), is of utmost importance.

ISVS 52

ISVS PCI DSS Encryption Authentication 52

The Fintech Times

MARCH 18, 2024

These regulations mandate comprehensive measures, including data encryption, secure storage, meticulous access control, and detailed reporting of security breaches or suspicious activities.

Fraud Prevention 59

Fraud Prevention AI Fraud Detection Payments 59

EBizCharge

JUNE 4, 2024

The system’s efficiency mitigates late and missed payments, contributing to a steady and predictable cash flow. Security and fraud prevention Security is paramount in payment processing, and Acumatica provides robust tools and standards to protect sensitive data.

Credit Cards 52

Credit Cards Process Payment Gateways Best Practices 52

Core

SEPTEMBER 15, 2023

Kiosk payments mitigate these risks by managing payments electronically with built-in encryption, secure data storage, and authentication measures. Robust security measures: Kiosk systems must use secure data encryption protocols to protect sensitive financial data during transactions with multiple security layers.

Governance 52

Governance Government Transactions Security 52

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 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

FloQast

MAY 13, 2024

Ensuring all solution providers you work with employ data encryption, both during transmission and while data is at rest. Have a well-defined incident response plan in place that outlines the steps to take when a breach occurs to mitigate damage and prevent further compromise of sensitive financial data.

Accounts 52

Accounts Technology Cybersecurity Audit 52

Segpay

JUNE 13, 2024

SMBs also fall victim to cyber criminals, as many lack the resources and knowledge to set up threat mitigation strategies, leaving them vulnerable to attacks. Compliance with Industry Standards Your business should comply with industry bare minimums like Payment Card Industry Data Security Standard (PCI DSS).

Best Practices 40

Best Practices Processors Transactions Security 40

Nanonets

NOVEMBER 20, 2023

Automation solutions, such as AP automation software, can significantly mitigate these challenges by streamlining processes, improving accuracy, and enhancing communication within the accounts payable department. Benefit from robust encryption and secure data handling, safeguarding your sensitive financial information.

Payment Reconciliation 52

Payment Reconciliation Automation Reconciliation Verification 52

Nanonets

APRIL 29, 2024

Balance sheet reconciliation software offers built-in compliance checks and audit trails, ensuring adherence to regulatory requirements and mitigating the risk of non-compliance penalties. Look for features such as role-based access controls, data encryption, and compliance certifications (e.g.,

Reconciliation 52

Reconciliation Payment APIs and Integration Audit Regulatory Compliance 52

Nanonets

SEPTEMBER 21, 2023

The use of encryption ensures that payment information is transmitted safely and kept confidential. Another essential factor to consider when integrating EDI payment is data security. A reputable EDI payment provider will offer data encryption and other security measures to safeguard your business data.

Payment Solutions 52

Payment Solutions Payee Payments Payer 52

Core

MARCH 19, 2024

Protecting Payments with Local Government Fraud Detection Proactive efforts to strengthen payment fraud detection and prevention help safeguard public funds and public trust. Powerful Internal Fraud Prevention with CORE City and county governments must take strong precautions against payment fraud.

Fraud Detection 52

Fraud Detection Governance Government Compliance 52

Ikajo

NOVEMBER 22, 2023

Risk mitigation Given that PayFacs handle the most sensitive information of customers – their payment data – they must keep it secure and detect unauthorized transactions. Look into their payment fraud prevention measures, including data encryption, anti-fraud filters, and adherence to PCI DSS.

Facilitators 52

Facilitators Payment APIs and Integration PCI DSS Payments 52

Nanonets

SEPTEMBER 22, 2023

By implementing  vendor management solutions , organizations can optimize their procurement process, make informed decisions based on vendor performance data, improve communication and collaboration, and mitigate risks associated with manual processes.

Automation 52

Automation Compliance Process Risk 52

Nanonets

NOVEMBER 15, 2023

But with a paperless accounts payable system, seamless data flow and automated workflows ensure these challenges are effectively mitigated. Your paperless AP system should have robust data security measures like encryption, secure data storage, and user authentication.

Accounts 52

Accounts Payment APIs and Integration Audit Automation 52

Nanonets

JULY 21, 2023

Any irregularities are quickly identified, allowing for immediate investigation and mitigating the potential damage of fraudulent activities. Data security: Ensure the safety and protection of sensitive financial data with robust security measures and encryption protocols.

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Online and Mobile Banking 52

Nanonets

SEPTEMBER 21, 2023

Providing adequate training and support, along with emphasizing how automation can enhance their work and free up time for more strategic tasks, can help mitigate resistance to change. With automation relying on digitized financial data, businesses must take appropriate measures to protect sensitive information.

Automation 52

Automation Finance Assessments Compliance 52

Fintech News

MARCH 10, 2024

Remember, user trust is a fragile asset, and only solid commitment to data security can safeguard it. SecIron being a leading provider of mobile app security solutions, equips organisations to safeguard mobile apps and data against mobile malware and a multitude of other threats.

Digital Payments 117

Digital Payments Security Data Encryption Encryption 117

The Payments Association

NOVEMBER 27, 2024

The advanced security capabilities embedded within this solution include data encryption, isolation of customer environments, embedded Hardware Security Modules with the highest security certification, and a versatile governance framework that removes single points of compromise and helps mitigate the risks associated with malicious actors.

Security 88

Security Data Encryption On-Demand Encryption 88

Segpay

DECEMBER 19, 2024

These adaptive security measures help mitigate potential breaches. Simplified Compliance Compliance with data protection regulations, such as the EUs General Data Protection Regulation ( GDPR ) and Californias Consumer Privacy Act ( CCPA ), is a critical concern for organizations handling personal and sensitive information.

Verification 104

Verification Authentication MFA Compliance 104