FICO

NOVEMBER 1, 2016

The issuance of the proposed regulations follows a series of industry surveys and discussions with its regulated entities over the course of several years that provided insights on their cybersecurity programs, related costs and future plans. Data encryption.

Cybersecurity

Fintech Finance

JULY 3, 2024

It will be seamlessly integrated and operate with high levels of security, ensuring that customer data is protected while enhancing their payment experience. Trustly uses data encryption in transit and customer banking details are never stored to improve security.

Debit Card

The Payments Association

SEPTEMBER 27, 2024

This methodology aligns with the latest global regulations, including the EU AI Act and onshoring requirements in countries like Singapore and Australia. In 2022, the company received a patent for another piece of AI, their Secure Lockbox , which features pioneering homomorphic data encryption.

Security

VISTA InfoSec

SEPTEMBER 25, 2024

Some best practices to ensure robust cybersecurity include: Data Encryption: All sensitive data should be encrypted both in transit and at rest to prevent unauthorized access and ensure efficient data security measures.

Cybersecurity

VISTA InfoSec

OCTOBER 21, 2024

Some best practices to ensure robust cybersecurity include: Data Encryption: All sensitive data should be encrypted both in transit and at rest to prevent unauthorized access and ensure efficient data security measures.

Cybersecurity

Fintech Finance

JULY 1, 2024

The Eurosystem would use state-of-the-art measures, including pseudonymisation, hashing and data encryption, to ensure it would not be able to directly link digital euro transactions to specific users. To use data for commercial purposes, payment service providers would need users’ explicit consent.

Legal Framework

PYMNTS

FEBRUARY 21, 2019

Security and technology consulting company Accutive is rolling out a new solution designed to give enterprises an alternative to data encryption to protect sensitive information. 20), Accutive said it is launching its Data Discovery and Data Masking solutions. In a press release on Wednesday (Feb.

Encryption

Fintech News

APRIL 22, 2024

Furthermore, SecIron provides actionable insights and recommendations to help companies strengthen their security posture and maintain compliance with industry regulations. Finally, SecIron understands the importance of data privacy. This proactive approach ensures businesses stay ahead of constantly evolving cyber threats.

Phishing

The Finance Weekly

DECEMBER 30, 2021

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. Malware attacks, especially ransomware attacks, are on the rise. Is your company facing any of these challenges?

Technology

The Fintech Times

OCTOBER 25, 2024

The combined solution from Ripple Custody and IBM enabled the bank to securely build, deploy and manage institutional-grade key management infrastructure with end-to-end security to protect private keys, applications and data.

Data Encryption

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

Stax

SEPTEMBER 17, 2024

These financial institutions all follow ACH rules and regulations by the National Automated Clearinghouse Association (Nacha). They are regulated and protected by various financial industry standards and government regulations. Security features – Both modes of money transfer are considered highly secure.

Wire Transfer

VISTA InfoSec

SEPTEMBER 5, 2024

With sensitive information at stake, including customer credit cards and proprietary business data, SMEs must prioritize robust cyber security measures. Hardware tools: Firewalls and intrusion detection systems can help manage incoming and outgoing traffic.

Security

VISTA InfoSec

OCTOBER 21, 2024

With sensitive information at stake, including customer credit cards and proprietary business data, SMEs must prioritize robust cyber security measures. Hardware tools: Firewalls and intrusion detection systems can help manage incoming and outgoing traffic.

Security

PYMNTS

APRIL 30, 2018

The deadlines for compliance with new European data regulations are right around the corner, and the impact of these changes won’t be limited to the European Union. The General Data Protection Regulation (GDPR) goes into effect on May 25 of this year. According to Ethoca, neither should preparations for the shift.

Multifactor Authentication

EBizCharge

MARCH 12, 2024

Therefore, merchants should offer popular payment options that provide consumers flexibility and robust security features to protect sensitive data. For this, look for payment providers that are compliant with relevant regulations and standards, like the Payment Card Industry Data Security Standard (PCI DSS).

Credit Cards

Stax

NOVEMBER 6, 2023

Tokenization vs encryption Data encryption is another popular data security technique where data is transformed into an illegible format. In contrast, tokenization does not depend on keys or encryption algorithms, as random data is mapped to and replaces sensitive data.

Encryption

EBizCharge

AUGUST 8, 2024

Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data. Encryption, fraud detection systems, and regular security audits protect business financial information and customer payment data.

Processors

Stax

JULY 16, 2024

If merchants are exposed to security vulnerabilities when processing digital payments, the risk of cardholder data falling into the wrong hands increases exponentially. PCI DSS is a set of protocols to be followed by companies that store, process, and transmit cardholder data. This is why PCI DSS compliance is critical.

PCI DSS

Fintech Review

MAY 3, 2025

Compliance and Localisation Photo by Polina Tankilevitch on Pexels.com Payroll is highly regulated. Also, they also provide audit trails, data encryption, and access controls. The payslip is becoming a portal. It is a gateway to broader financial health and planning. For multinational teams, localisation is essential.

Payroll

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

Exact Payments

FEBRUARY 5, 2024

However, with progress comes responsibility, particularly when it comes to safeguarding sensitive payment card data. Enter the Payment Card Industry Data Security Standard (PCI DSS): a comprehensive framework that sets forth stringent rules and regulations to ensure the secure handling, processing, and transmission of cardholder information.

ISVS

Core

MARCH 19, 2024

For compliance managers and auditors , diligence and oversight are essential aspects of the role—and important for ensuring adherence to regulations, policies, and best practices. With training and education, employees can take an active role in government payment fraud detection.

Fraud Detection

EBizCharge

AUGUST 16, 2024

Enhanced security: E-invoicing provides a higher level of security with data encryption and secure transmission protocols, minimizing the risk of invoice fraud. Audit and compliance: Digital records facilitate easier auditing and ensure compliance with tax regulations, as digital data can be archived and retrieved efficiently.

Legal

Nanonets

SEPTEMBER 23, 2023

This not only saves time but also minimizes the risk of data loss. When it comes to security, accounting software offers enhanced measures to protect sensitive financial data. With password-protection, user permissions, and data encryption, businesses can ensure that their financial information remains secure and confidential.

Small Business

CB Insights

OCTOBER 2, 2018

The goal is to build a PII anonymization system such that eventually all raw identity data can be deleted. Facebook would be able to share users’ PII data with its sprawling ecosystem of advertisers while remaining compliant with new regulations such as GDPR, which strictly govern the dissemination of PII to third parties.

Data Security

EBizCharge

AUGUST 23, 2024

Automated accounting: Offers enhanced security features such as data encryption , backups, and controlled access. Cloud-based solutions also protect against physical damage and allow for quick data recovery. Security Manual accounting: Physical records can be vulnerable to loss, theft, or damage.

Automation

FloQast

MAY 13, 2024

CPAs and other accounting professionals are used to staying up-to-date with tax laws, auditing standards, and financial regulations. You can help with cybersecurity and data privacy by: Familiarizing yourself with the language of cybersecurity and data governance to facilitate productive dialogue across the organization.

Accounts

PYMNTS

APRIL 20, 2016

This is just one of the many policies that’s part of the draft regulation that is bundled with the larger surveillance law updates. This bill would simply limit the ability to create tech products with built-in end-to-end encryption. The current proposal is part of an overhaul that the U.K.

Product

Ikajo

NOVEMBER 22, 2023

At this stage, they ensure that each sub-merchant complies with the necessary regulations and security standards. Compliance and security Make sure that the vendor is compliant with industry regulations and standards. They explore the tools, dashboard, and payment facilitation process provided by the vendor.

Facilitators

Nanonets

APRIL 19, 2023

Additionally, automation can help businesses stay compliant with regulations and standards. Look for software that offers robust security features such as data encryption, password protection, and multi-factor authentication. The software should also provide regular backups to prevent data loss.

Accounts

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

Nanonets

APRIL 29, 2024

  Balance sheet reconciliation software is not just a luxury but a necessity in today's fast-paced and highly regulated business environment, for the following reasons.   Look for features such as role-based access controls, data encryption, and compliance certifications (e.g.,

Reconciliation

Nanonets

APRIL 23, 2024

A Guide to NetSuite Account Reconciliation Accurate financial records are an important part of any business’ ability to make informed decisions and also adhere to legal regulations.

Reconciliation

Segpay

MARCH 10, 2025

Seamless Global Transactions The right payment gateway supports multiple currencies and localized payment methods , making it easier to attract and retain international players while ensuring compliance with regional regulations. Use their compliance-ready tools to meet gaming industry regulations with minimal effort.

Payment Gateways

Nanonets

JUNE 13, 2024

Secure : Xero is secure, with data encryption and two-factor authentication. Improve compliance : BlackLine can help businesses ensure compliance with accounting standards and regulations by providing visibility and control over the entire financial close process. Pricing: Plans start at $13 per month.

Reconciliation

Nanonets

OCTOBER 9, 2024

Data encryption and security protocols: Strong encryption methods secure sensitive financial data during the verification process, ensuring that customer information remains protected from unauthorized access. Blockchain technology: Some verification systems adopt blockchain for secure, tamper-proof record-keeping.

Verification