PYMNTS

NOVEMBER 6, 2018

The standards put forth by the PCI Security Standards Council – the PCI Data Security Standards – offer a framework for ensuring data security, and they must be followed in order to avoid fines and other penalties. PCI compliance is vitally important for businesses that process credit cards.

PCI DSS 71

PCI DSS Breach Privacy Irrevocability 71

PYMNTS

DECEMBER 7, 2017

After all, FIs are the ones who have to integrate the solutions they choose, ensuring that they work — and work fast — and keep their customers’ financial data secure. And once the customer responds by sending the money, he added, there’s no taking it back — irrevocable payments are part of the value proposition.

Irrevocability 40

Irrevocability Payment APIs and Integration P2P Online and Mobile Banking 40

PYMNTS

JANUARY 3, 2020

These include advanced data security and new state and federal regulations governing payout mechanisms – to say nothing of the irrevocable nature of instant payments. You can’t pull them back.

Instant Payments 60

Instant Payments Payments Ubiquitous Push-to-Card 60

PYMNTS

OCTOBER 30, 2019

There is data security risk, and making sure fraudsters aren’t harvesting all the information that must exchange hands for instant push payments to be possible. The payment is irrevocable, and can’t be clawed back. There is no shortage of risks to consider, she noted.

Instant Payments 41

Instant Payments Payee Payments Risk 41

PYMNTS

MARCH 7, 2016

Which suggests that the focus in payments needs to shift toward keeping customer data secure , not just the payment card information they carry around in their physical or virtual wallets. Instantly, and irrevocably. Here in the U.S., The Clearing House says it will have something in market by the end of the year.

Online and Mobile Banking 46

Online and Mobile Banking Payments Same Day ACH Financial Inclusion 46