article thumbnail

Private Sector, Health Care, Government All Face Data Security Risks

PYMNTS

The latest report from the Identity Theft Resource Center (ITRC) and CyberScout finds a worrying trend: 2016 was a record year for data breaches, with businesses emerging as the largest target for hackers by far. Health care entities and government agencies, too, are at risk for their data security.

article thumbnail

How Governments Navigate ACH Payments Innovation

PYMNTS

. “We’ve been helping governmental agencies for about 20 years now, and over that timeframe, we have definitely seen that ACH has played a much bigger role than it used to, and governments are embracing that,” he said. Business-To-Government Payments. That’s something that could end careers.

ACH 64
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Canadian Merchant Accounts: Top-Rated Payment Processing with EBizCharge

EBizCharge

For Canadian businesses navigating the increasingly complex world of payment processing, having a reliable and efficient merchant account is essential. Level 2 and level 3 processing refers to enhanced transaction data submitted with corporate or purchasing card transactions.

Process 52
article thumbnail

Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Whether adhering to federal mandates, state laws, or international compliance, there’s a global framework that ensures secure financial transactions worldwide. Security audits.

article thumbnail

Deep Dive: Accelerating Cross-Border Payments With Cloud Technology

PYMNTS

However, the sheer number of cross-border payments belies the challenges that individuals and companies face when conducting them. The biggest hurdle the cross-border payments industry faces is navigating the networks that govern payment flows in every correspondent bank through which funds pass.

article thumbnail

Embedded Finance and Open Banking Take Center Stage at Seamless KSA

The Fintech Times

Future applications for open banking in Saudi Arabia may include better risk assessments for variable income, more efficient government payments, and pre-filled mortgage applications. Buy now, pay later (BNPL) was a common example, with the hope that open banking APIs could improve credit assessment for these services.

article thumbnail

The Benefits and Challenges of a Government ERP Payment System

Core

Increased Constituent Convenience These systems provide constituents with even more ways to pay, catering to diverse payment preferences. Single-click payment portals further improve and simplify the payment experience. CORE’s ERP payment solutions are uniquely tailored to meet government financial needs.