VISTA InfoSec

SEPTEMBER 5, 2024

The risk of cyber attacks for companies is increasing and can significantly disrupt their operations, have negative financial consequences and damage their reputation. Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. Lets get started.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

The risk of cyber attacks for companies is increasing and can significantly disrupt their operations, have negative financial consequences and damage their reputation. Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. Let’s get started.

Security 130

Security Phishing Ransomware Risk Assessment 130

EBizCharge

MARCH 18, 2025

By protectin g payments in Sage 100, your company can reduce the risk of data breaches and fraud, ensuring a secure experience for all parties involved. Poor PCI compliance: Poor PCI compliance that fails to meet industry security standards can put businesses at risk due to increased vulnerabilities and potential penalties.

Credit Cards 52

Credit Cards Process Security Data Breach 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

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.

Phishing 119

Phishing Security Blocks Cybersecurity 119

The Finance Weekly

DECEMBER 30, 2021

Large companies are firmly embracing robotic process automation (RPA), leveraging sophisticated data analytics and visualization tools, and exploring the use of blockchain and other new technologies. Heightened Data Security A data security breach is one of the CFO’s biggest nightmares.

Technology 130

Technology MSPS Small Business Data Security 130

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.”. may actually be putting users’ security at risk. They just don’t understand the risks involved. Hold That Selfie.

Data Breach 71

Data Breach Breach Security Risk 71

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. How much does a payment gateway cost?

Payment Gateways 52

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

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. These features assure secure transactions, reduce the risk of chargebacks and protect customer’s payment information.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Multi-Currency 88

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

EBizCharge

MARCH 11, 2025

These fees cover the cost of securely transmitting payment data, encrypting sensitive data, and authorizing transactions in real-time. This is because specific industries can lead to higher fees while others qualify for lower interchange rates due to lower risk of fraud or regulatory considerations.

Processing Costs 52

Processing Costs Process Credit Cards Payment Gateways 52

The Fintech Times

MARCH 18, 2024

Dorian Maillard , vice president at investment bank DAI Magister, outlines the significant growth of the fraud prevention market due to the rise of digital payments, stressing the need for companies to enhance their strategies in response to evolving fraud risks and tighter regulations.

Fraud Prevention 59

Fraud Prevention AI Fraud Detection Payments 59

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

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 Conduct data audits periodically to determine which data is essential.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

EBizCharge

MARCH 12, 2024

This payment method can improve cash flow by reducing the risk of late or missed payments. 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.

Credit Cards 52

Credit Cards ACH Payment Gateways PCI DSS 52

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

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. Risk Management : Accurate and timely reconciliation is critical for effective risk management.

Reconciliation 52

Reconciliation Payment APIs and Integration Audit Regulatory Compliance 52

Core

SEPTEMBER 15, 2023

The digitized nature of kiosk payments facilitates a streamlined process, better record-keeping, and accurate data entry, all of which significantly increase operational efficiency. Kiosk payments mitigate these risks by managing payments electronically with built-in encryption, secure data storage, and authentication measures.

Government 52

Government Governance Transactions Security 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

FloQast

MAY 13, 2024

This technology offers an immutable ledger, reducing fraud risks and ensuring a clear audit trail. Data analysis and business intelligence tools have become more affordable in recent years. With access to tools that can analyze big data, you can help with forecasting, cash flow planning, managing risk, and increasing profitability.

Accounts 52

Accounts Technology Cybersecurity Audit 52

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

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

Segpay

JUNE 13, 2024

This shows that as businesses and customers continue to rely on online payment systems the risk of falling prey to cyber security threats increases too. But it’s not just big companies who face this risk. These guidelines significantly reduce the risk of your business’s vulnerability to data breaches.

Best Practices 40

Best Practices Processors Transactions Security 40

Core

MARCH 19, 2024

Additionally, they increase the risk of non-compliance penalties. 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.

Fraud Detection 52

Fraud Detection Government Governance Compliance 52

Nanonets

NOVEMBER 20, 2023

Difficulty Detecting Fraud or Errors: The risk of overlooking fraudulent activities or errors is higher in a manual system. 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.

Payment Reconciliation 52

Payment Reconciliation Automation Reconciliation Verification 52

Segpay

MARCH 10, 2025

Security & Fraud Prevention Given the high-risk nature of online gaming, security is non-negotiable. Look for a gateway that includes PCI compliance, fraud detection tools, chargeback mitigation strategies, and AI-driven risk analysis to protect transactions and user data.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

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

JULY 21, 2023

It offers a standardized and risk-based approach to managing various reconciliations, ensuring accuracy, workload reduction, and efficient control. With cloud-based storage, all relevant personnel can access, view, and modify the data, reducing the risk of data loss as each input is instantly backed up in the cloud.

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Online and Mobile Banking 52

Nanonets

SEPTEMBER 21, 2023

Finance automation also ensures  enhanced compliance  with regulations, minimizing the risk of non-compliance and associated penalties. Additionally, it provides  real-time visibility  into financial data, empowering businesses to make timely and informed decisions based on accurate information.

Automation 52

Automation Finance Assessments Compliance 52

Nanonets

SEPTEMBER 21, 2023

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. Data Security Risks EDI payment solutions involve the exchange of sensitive financial data between trading partners.

Payment Solutions 52

Payment Solutions Payee Payments Payer 52

Nanonets

NOVEMBER 15, 2023

But with a paperless accounts payable system, seamless data flow and automated workflows ensure these challenges are effectively mitigated. Moreover, integrations with your ERP or accounting software ensure that all financial data is synchronized and up-to-date, reducing the risk of inaccuracies and duplication.

Accounts 52

Accounts Payment APIs and Integration Audit Automation 52

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

IDaaS platforms incorporate advanced security features such as multi-factor authentication (MFA), which requires users to provide more than one form of identification, significantly reducing the risk of unauthorized access. These adaptive security measures help mitigate potential breaches.

Verification 104

Verification Authentication MFA Compliance 104