article thumbnail

PCI updates data encryption standard to increase product availability

Payments Source

In updating its point-to-point encryption standard, the PCI Security Standards Council says the resulting simplified validation process for component and software providers will result in more products available for cardholder data protection.

article thumbnail

Remote Work Business Continuity: Best Practices

VISTA InfoSec

As the paradigm shift continues, businesses modify their operations to ensure that productivity remains paramount. The following are some of the consequences when data privacy and security are compromised: Productivity loss. Data breaches don’t easily get overlooked. Continue reading to learn more. Tainted reputation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

Business Intelligence Email inboxes, including attachments/metadata, contracts, strategic plans, product designs/code, proprietary research, trade secrets, intellectual property like patents, and confidential memos/documents. How Breaches Impact You Suffering a breach carries severe consequences beyond just data loss.

article thumbnail

Comera Pay Secures Approval to Boost UAE’s Cashless Economy

The Fintech Times

Leveraging technologies like advanced data encryption, the company aims to power faster digital payments and help advance the UAE’s cashless economy. “We Leveraging the latest encryption standards, Comera ensures seamless connectivity and security for users to stay in touch with family, friends and colleagues anywhere worldwide.

Economy 105
article thumbnail

Lenovo Launches Trustly’s Open Banking at Checkout in the UK and Europe

Fintech Finance

The checkout technology is more secure, when compared with traditional payment methods, as it allows customers to pay for Lenovo products and services directly from their bank account. It will be seamlessly integrated and operate with high levels of security, ensuring that customer data is protected while enhancing their payment experience.

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.). Merchant Category Code (MCC) Businesses are classified under different categories based on the types of services and products they sell.

article thumbnail

Lucinity secures patent for federated learning AI, enabling secure data sharing

The Payments Association

Lucinity , the global leader in AI software for financial crime compliance, has secured a second patent from the US for its proprietary federated learning technology , which provides a unique approach to allow global financial systems to share algorithmic learning patterns without sharing sensitive data.