VISTA InfoSec

SEPTEMBER 27, 2024

A Data Protection Officer (DPO) can be called as an ally for organizations that deals with large amount of Privacy related data in its core operation. Relevant Skills of a Qualified DPO Deep understanding of Data Protection Laws, such as GDPR, CCPA, and others to ensure compliance with legal requirements.

CCPA 130

CCPA Privacy Assessments Laws 130

The Fintech Times

JULY 8, 2025

In October 2024, CFPB finalised its rule on the open banking ecosystem, which was intended to strengthen data security and improve competition in the market by making it simple for consumers to switch providers. Consumer Financial Protection Bureau, et.

CFPB 64

CFPB Rules Consumer Financial Protection Bureau (CFPB) FinTech 64

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 278

Best Practices Business Continuity Continuity Compromise 278

PYMNTS

DECEMBER 20, 2019

Retailers and other customer-facing platforms adapted alongside the internet to offer these payment innovations, but legal firms still view many of these methods with trepidation. Legal disbursements are tricky, even for the simplest of payouts, because they need full verification before going to potential claimants.

Legal 52

Legal Checks Settlement ACH 52

The Fintech Times

FEBRUARY 28, 2025

“Another big challenge is related to data security and privacy. AI works through vast reams of data to perform its functions well, and the security of the data and responsible use are essential. “AI brings significant legal challenges to the fintech sector.

AI 97

AI Regulations Best Practices Risk 97

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. Your company’s trustworthiness and future competitiveness depend on getting data security right—now’s the time to start.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

Fi911

FEBRUARY 26, 2025

The Payment Card Industry Data Security Standard (PCI-DSS) is a set of global standards developed to safeguard cardholder data. Compliance ensures robust security practices to prevent breaches and protect sensitive payment card data. Staying up-to-date with PCI-DSS compliance should be a top priority.

PCI DSS 59

PCI DSS Compliance MFA Assessments 59

Payments Source

JUNE 2, 2016

The National Retail Federation wants the Federal Trade Commission to do more than merely check up on the companies that routinely assess merchants for compliance with the Payment Card Industry Data Security Standards (PCI DSS).

PCI DSS 62

PCI DSS Federal Trade Commission Legal FTC 62

VISTA InfoSec

JULY 17, 2024

Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy. Each of these sets its own rules on handling personal information safely and legally.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

The Payments Association

JUNE 3, 2025

Moreover, network tokenisation reduces the regulatory burden by eliminating the need to store sensitive card data, supporting the Payment Card Industry Data Security Standard (PCI DSS) compliance and lowering the risk of data breaches.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

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 52

Credit Cards Legal Debit Card Disputes 52

Fintech News

OCTOBER 17, 2024

Project Aperta aims to address this by creating a prototype of a multilateral cross-border interoperability network, which will allow licensed third-party providers, including banks and fintechs, to exchange data securely across jurisdictions. These differing standards hinder cross-border data flow.

Cross-Border 117

Cross-Border Finance Security Interoperability 117

Innovative Payments Association

JUNE 27, 2025

In this session at the IPA’s Compliance Boot Camp, Brian Montgomery of Pillsbury Winthrop Shaw Pittman LLP will provide a legal and regulatory roadmap for how companies can prepare for what’s next, despite the ambiguity. is critical to risk management, compliance, and long-term strategy.

Boot Camp 40

Boot Camp Consumer Financial Protection Bureau (CFPB) Regulations CFPB 40

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 130

Compliance Privacy Legal Processors 130

PYMNTS

MARCH 27, 2020

COVID-19 And The (Legal) Ripple Effects Of ‘Force Majeure’. And, when it comes to business relationships based on contracts , the legal (and financial liabilities) tied to disruption may be uncertain. Morgan Stanley Economist Ellen Zentner told clients to expect U.S. The COVID-19 proliferation has had a worldwide impact on business.

Data Security 56

Data Security Bots Security Privacy 56

PYMNTS

FEBRUARY 15, 2018

In the wake of breaches that have compromised the data of millions of Americans and companies as far-flung as Equifax and Uber, industry observers and participants told a House subcommittee on Wednesday that data security should be standardized at a national level. Rotenberg voiced that countries outside the U.S.

Data Security 40

Data Security Security Breach BSA 40

The Finance Weekly

OCTOBER 15, 2023

But, there are important things to think about, like data security, ethics, rules, and biases. CFO Uncertainties Using AI in financial operations comes with certain risks, which include: Data Security and Privacy: , Protect financial data through strong security measures to maintain trust and comply with regulations.

AI 130

AI Risk Data Security Automation 130

VISTA InfoSec

OCTOBER 26, 2023

SOC and SOX represent two pivotal compliance frameworks that help maintain financial reporting integrity and data security. While SOC 1 aligns with SOX’s financial reporting controls, SOC 2 focuses on ensuring service providers handle data securely. The SOC framework includes multiple internal control audit reports.

Audit 130

Audit Compliance Laws Government 130

PYMNTS

JULY 17, 2018

Employees hit with costs to make purchases with their payroll cards, withdraw cash at ATMs, check balances and other everyday banking needs are fighting back against those fees, and introducing new conversations about the legal language of “lawful money,” employee protections and beyond.

Payroll 40

Payroll Legal Laws Debit Card 40

Open Banking Excellence

JULY 8, 2025

State regulators often have different priorities and legal frameworks, which can create inconsistencies and hurdles for companies attempting to offer open banking services across the entire country. The entire ecosystem needs to continue educating consumers on financial data security. Financial regulations in the U.S.

Regulations 130

Regulations Payment APIs and Integration CFPB API 130

Finextra

JUNE 26, 2025

Non-compliance, on the other hand, can lead to data breaches and legal troubles. That’s why digital payment security should always be a top priority in your business. PCI DSS: Safeguarding cardholder data If you handle card payments, PCI DSS compliance is non-negotiable. What is PCI DSS? You reduce fraud. The result?

PCI DSS 52

PCI DSS AML Process Payment APIs and Integration 52

Stax

JANUARY 23, 2025

Ensuring adherence to legal and regulatory standards, such as PCI DSS (Payment Card Industry Data Security Standard) requirements. High-risk businesses often operate in areas with legal ambiguities or heightened customer disputes. Reducing potential losses from high-risk merchants.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Stax

MAY 21, 2024

We’re seeing a similar trend in the legal industry, where law firms rely on case management systems to run their businesses. Legal technology handles billables, case management, and document management. Legal practice management systems improve law firms’ workflows and functionality, so they manage more cases and serve clients better.

Laws 88

Laws Legal Process Product 88

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 88

Credit Cards PCI DSS Compliance Process 88

Clearly Payments

SEPTEMBER 22, 2024

Non-Compliance with PCI Standards : Failing to adhere to Payment Card Industry Data Security Standards (PCI DSS) can result in a listing. Illegal Activities : Engaging in activities that violate legal or industry standards is a surefire way to end up on the list.

PCI DSS 102

PCI DSS Processors Credit Cards Non-Bank 102

PYMNTS

APRIL 12, 2019

The General Data Protection Regulation (GDPR) represented a new phase in data security and EU regulators’ approach to it. “If the data controller implicitly trusts a data processor simply because there is a consistent legal framework in place, criminal abuse of trust will always take place.”

Cybersecurity 77

Cybersecurity Data Breach Breach Legal Framework 77

Fi911

JANUARY 31, 2024

Industry commitment to data security and privacy must be unwavering, as mishandling customer data can result in severe legal consequences and erode customer trust. While this grants us powerful tools, it also entails a tremendous responsibility.

AI 105

AI MFA Regulatory Compliance Best Practices 105

Stax

NOVEMBER 21, 2024

It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data. We recommend surcharging for food and drink, transportation, and eCommerce businesses.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Stax

APRIL 10, 2025

It will use magnetic secure transmission (MST) to transmit the relevant data when the smartphone is held at close range (a few centimeters usually) or tapped to your card reader. The payment method is outside the control of a centralized authority like the central banks that issue and guarantee traditional legal tender (money).

Small Business 88

Small Business Wire Transfer BNPL ACH 88

VISTA InfoSec

JANUARY 22, 2024

This includes secure storage, periodic key changes, retirement of old or suspected compromised keys, and prevention of unauthorized key substitutions. In essence, Requirement 3 aims to create a data security fortress around cardholder information. a Confirm CHD storage policies for data retention and disposal.

PCI DSS 100

PCI DSS Encryption Procedures Authentication 100

Open Banking Excellence

OCTOBER 6, 2023

Last October, the Consumer Financial Protection Bureau (CFPB) published proposals for a new regulatory framework governing “Personal Financial Data Rights” – which requires banks to provide qualified third parties access to consumer financial data.

Consumer Financial Protection Bureau (CFPB) 130

Consumer Financial Protection Bureau (CFPB) Rules CFPB Finance 130

VISTA InfoSec

OCTOBER 21, 2024

Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy. Each of these sets its own rules on handling personal information safely and legally.

Cybersecurity 147

Cybersecurity Compliance Encryption Best Practices 147

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 130

PCI DSS Compliance Encryption Audit 130

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 130

PCI DSS Compliance Encryption Audit 130

Neopay

DECEMBER 4, 2024

Seven key steps to sharing personal data responsibly To ensure compliance and effectiveness when sharing personal data, organisations should follow these seven key steps outlined by the ICO: Carry out a Data Protection Impact Assessment (DPIA) Conducting a DPIA helps assess risks, benefits, and the lawfulness of data sharing initiatives.

Scams 52

Scams Fraud Prevention Laws Assessments 52

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 88

Encryption PCI DSS Data Security Origination 88

Finextra

JULY 7, 2025

Instead, we see a persistent trend: the deliberate creation and maintenance of data silos, where information remains walled off, and AIs access is carefully restricted. Rather, its a complex tapestry woven with threads of business strategy, legal compliance, technical limitations, and ingrained organizational culture.

AI 59

AI Payment APIs and Integration Audit Governance 59