article thumbnail

Runa Introduces Runa Assure: Proactive Security for Payout Protection

Fintech Finance

Key security features include: Advanced Machine Learning Fraud Detection: Prevent unauthorized access with IP Allowlisting & Multi-Factor Authentication (MFA), and monitor suspicious activity with user behavior analytics. Distributed denial of service (DDOS) protection ensures all traffic is protected from malicious threat actors.

PCI DSS 86
article thumbnail

AI-native Vital for $67Billion Payment Fraud Prevention Market

The Fintech Times

The fraud prevention industry is experiencing rapid growth in response to amplified regulatory pressure and increasingly sophisticated threats of online fraud. It has revolutionised convenience for consumers and created new business opportunities, but it has also opened a Pandora’s box of fraud risks.

article thumbnail

Cybertech: Securing the Foundations of Finance

Fintech Review

In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring. Some fintechs also specialise in cybertech themselves, offering white-label fraud prevention or identity services to other platforms.

Finance 59
article thumbnail

How To Find the Best Payment Gateway for Your Business in 2025

EBizCharge

Key characteristics of a payment gateway Understanding the key characteristics of a payment gateway can help your business ensure secure and smooth online transactions, combat fraud, and improve customer satisfaction. Effective fraud prevention boosts customer trust and loyalty. How much does a payment gateway cost?

article thumbnail

How are Interchange Fees Calculated?

Stax

Card networks must maintain them properly and pay for fraud prevention tech (data encryption, tokenization, real-time tracking, etc.). Keep card networks up and running Large, global infrastructures are required to process massive volumes of transactions safely and efficiently.

article thumbnail

Understanding the Nature of Payment Gateway Integration For Your Mobile App

Stax

This includes specifying the types of payments you want to accept, such as credit and debit cards, as well as setting up any other options such as recurring billing or fraud prevention tools. Implement the payment gateway into your app Now you’re ready to start coding.

article thumbnail

A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

Tokenization and encryption: Tokenization replaces credit card details with unique tokens with no exploitable value, preventing hackers from accessing sensitive data. Encryption secures payment data by converting it to unreadable code during transmission, ensuring that data remains protected even if interpreted.