Stax

FEBRUARY 19, 2025

PCI Compliance: Ensure the provider adheres to industry-standard security protocols and protects your customers’ payment data. Fraud Prevention: Look for proactive measures such as encryption, tokenization, and real-time fraud monitoring. Adaptability: Ensure they have experience supporting businesses of all sizes.

Payments

EBizCharge

MARCH 3, 2025

Merchants must handle sensitive payment data to process their customers transactions, making it essential to protect this information. Acumatica-integrated payment solutions can meet various legal and regulatory requirements and keep your data safe using the latest security measures.

Credit Cards

Nanonets

NOVEMBER 13, 2024

Ensures data privacy with robust encryption and compliance standards. Hyperscience Vs. Amazon Textract: Pros and cons Hyperscience Amazon Textract Pros: Advanced data extraction capabilities, including handwritten text recognition. Best features of ABBYY AI-powered document processing for accurate data extraction.

Automation

VISTA InfoSec

MARCH 28, 2024

This article explores ten key principles that every company should know and implement to ensure the highest level of data security. Data Minimization Data minimization means collecting only the information you absolutely need to serve your customers or comply with legal requirements.

Data Breach

VISTA InfoSec

FEBRUARY 25, 2024

How Breaches Impact You Suffering a breach carries severe consequences beyond just data loss. You may face legal/regulatory penalties for violating disclosure laws. Encrypt Data Flows Implement encryption for data in transit over networks and at rest within databases/servers to ensure meaningless ciphertext even if intercepted.

Data Breach

VISTA InfoSec

MAY 24, 2024

In an era where digital transactions reign supreme, ensuring the security of payment card data is paramount for businesses. It helps assess and mitigate security risks systematically by identifying vulnerabilities and implementing controls to address them before they materialize.

PCI DSS

VISTA InfoSec

APRIL 5, 2024

The aftermath of a data security concern could change the landscape of your business, depending on the incident. The road to recovery could be expensive if it involves customer complaints, internal investigation, and legal proceedings. Recovery cost.

Best Practices

VISTA InfoSec

JULY 17, 2024

Encrypting messages and choosing secure ways to talk online are keys to keeping secrets safe in any language. Backing up data often and showing your team how to do these things well is crucial in settings where many languages are spoken. Use encryption and strong passwords to protect messages.

Cybersecurity

Fintech News

OCTOBER 17, 2024

The project focuses on connecting the domestic open finance infrastructures of different jurisdictions, enabling secure, encrypted data sharing via APIs. These differing standards hinder cross-border data flow.

Cross-Border

VISTA InfoSec

NOVEMBER 12, 2024

introduces a stronger focus on flexibility and risk-based approaches, allowing businesses more options for meeting security requirements. If you are questioning whether PCI DSS is really mandatory after all its not a direct legal requirement, then yes, it is!

PCI DSS

VISTA InfoSec

NOVEMBER 12, 2024

introduces a stronger focus on flexibility and risk-based approaches, allowing businesses more options for meeting security requirements. If you are questioning whether PCI DSS is really mandatory after all its not a direct legal requirement, then yes, it is!

PCI DSS

VISTA InfoSec

JANUARY 22, 2024

It boils down to minimizing the risk of data breaches and maximizing the security of cardholder information. This is achieved through a multi-pronged approach: Data Encryption: Requirement 3 mandates the use of strong cryptographic controls such as encryption for stored cardholder data. PCI DSS v4.0

PCI DSS

Stax

NOVEMBER 6, 2023

Loss, corruption, improper use, and unwanted access to a company’s data assets can lead to immense negative publicity, which in turn can cause irreparable reputation damage, fines, sanctions, and loss of profits. Moreover, companies need to follow data privacy and compliance requirements to stay in business.

Encryption

VISTA InfoSec

OCTOBER 21, 2024

Encrypting messages and choosing secure ways to talk online are keys to keeping secrets safe in any language. Backing up data often and showing your team how to do these things well is crucial in settings where many languages are spoken. Use encryption and strong passwords to protect messages.

Cybersecurity

EBizCharge

JUNE 28, 2024

The question “Is it legal to charge a credit card fee?” This article will explore the legality of charging such fees as well as the pros and cons associated with them. Surcharging is legal in many states and is regulated at the state and federal levels. is a legitimate inquiry for merchants seeking ways to offset these expenses.

Credit Cards

Stax

SEPTEMBER 17, 2024

Failing to comply with the Payment Card Industry Data Security Standard can have a number of severe consequences for a business. These include penalties, legal repurcussions, and the revocation of credit card processing privileges. PCI DSS stands for “Payment Card Industry Data Security Standards.”

Credit Cards

VISTA InfoSec

SEPTEMBER 14, 2023

Data Controller Classification: This implies that any U.S.-based based company, regardless of its size, can be classified as a ‘data controller’ under the GDPR. Data Processor Classification: On the other hand, U.S. companies can also be classified as a ‘data processor’ under the GDPR, as defined in Article 4 (2).

Compliance

Stax

MARCH 4, 2024

Taking precautions to implement security measures like firewalls and cybersecurity training helps to protect cardholder data and other sensitive information from cybercriminals. It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place.

PCI DSS

Tearsheet

JULY 1, 2024

Additionally, the conversation touches on important considerations such as data security, implementation challenges for businesses adopting new payment technologies, and potential future developments in the field. Two-factor authentication, encryption and fraud detection are minimum requirements. Continuous monitoring.

BNPL

Stax

JANUARY 15, 2024

Failure to comply with its policy frameworks can have severe consequences— legally and financially. PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Swipe fees have doubled in a decade and increased by 20% since 2022.

Credit Cards

Segpay

DECEMBER 13, 2024

If a breach occurs, identity data, once compromised, is hard to restore. For example, a leaked password can be changed, but a stolen fingerprint cannot, underscoring the need for secure storage and encryption practices in identity management. What are the important technologies for data privacy?

Privacy

PYMNTS

SEPTEMBER 26, 2016

SWIFT wants its network members to tighten security, stating: “The targeted customers have, however, shared one thing in common: They have all had particular weaknesses in their local security.”. Authentication methods for payments networks, such as SWIFT, or P2P money transfer apps are still not completely secure.

Online and Mobile Banking

Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

PCI DSS

Clearly Payments

DECEMBER 3, 2023

LawPay (legal): Online payment solutions for legal professionals (United States). Here are key factors to consider when evaluating and choosing a payment gateway: Security and Compliance Encryption: Ensure the payment gateway uses robust encryption protocols to protect sensitive data during transactions.

Payment Gateways

Clearly Payments

JANUARY 8, 2024

A crucial aspect of risk management involves adhering to the Payment Card Industry Data Security Standard (PCI DSS) , which sets stringent guidelines for securing payment transactions and protecting cardholder information.

Risk Management

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

Fintech Review

FEBRUARY 18, 2025

Data security is a top concern. Data breaches or fraud could undermine trust, making strong encryption, fraud detection, and authentication mechanisms essential. As embedded finance becomes more widespread, businesses must prioritize regulatory adherence, risk management, and secure data handling.

Embedded Finance

PYMNTS

OCTOBER 6, 2020

The risk [is] that [businesses] don’t realize what they’re taking on by not actually going through the required steps to make sure that they are being PCI-compliant and that they are doing safe things with their data. Payment information is sent down the line until it reaches the POP, where it is stored in a secure, PCI-compliant fashion. “The

Compliance

Stax

MARCH 6, 2024

Legal and payment compliance Adhering to compliance standards, including those set by the Payment Card Industry Data Security Standard (PCI DSS), is essential. These standards ensure that customer payment information is handled securely and that transactions meet legal requirements.

Best Practices

Stax

AUGUST 22, 2024

Regulatory compliance risk To maintain the integrity of financial transactions and to protect cardholder data, any company dealing with payments must strictly adhere to laws and regulations. Regulatory compliance failure can have a negative impact on reputation, large fines, and even legal action.

Risk Management

Stax

JULY 9, 2024

EFT payments offer a high level of security compared to traditional payment methods. Advanced encryption techniques are used to protect sensitive data during transmission, ensuring that personal and financial information remains confidential. Relatively inexpensive. Q: How are EFT payments regulated?

Electronic Fund Transfer Act (EFTA)

EBizCharge

JULY 24, 2024

The core of P2P systems lies in their ability to directly connect users’ bank accounts, digital wallets, or card details with the intended recipient’s account through a secure platform. P2P payment systems encrypt sensitive data, maintaining privacy and reducing the risk of fraud.

P2P

Stax

DECEMBER 6, 2024

Q: How does Worldpay by FIS ensure payment security? Worldpay by FIS is fully compliant with the Payment Card Industry (PCI) Data Security Standard to ensure the safety of customer card data. Q: What kind of product features and functionalities does Worldpay by FIS bring to the table?

Payment APIs and Integration

CB Insights

FEBRUARY 21, 2019

Buyers, sellers, and other agents can use the platform for free, earning rewards for contributing data and helping to maintain the marketplace. Data is encrypted and stored on a blockchain, which means Imbrex does not control it and cannot alter it — contributed data is controlled solely by the listing party.

Blockchain

PYMNTS

MARCH 1, 2018

legal system to be granted access — but no more, now that the keys are being stored in China. Now, it seems, due to a cybersecurity law that took effect last year, the Chinese legal system holds sway, and the government need only to go through the home system to get Apple to give access to those accounts. Because of that U.S.

Legal

Exact Payments

JANUARY 4, 2024

The Payment Card Industry Data Security Standard (PCI DSS) plays a crucial role in protecting cardholder data for businesses that accept credit card payments. This set of security guidelines is mandated by major credit card associations such as Visa, Mastercard, American Express, and Discover.

PCI DSS

Segpay

DECEMBER 7, 2023

By offering users greater control over their data and providing transparent insights into data collection practices, businesses can foster trust and compliance with the DSA’s regulations. Data Security and Protection Ensuring robust data security measures is imperative for complying with the DSA.

Compliance