Finextra

JULY 7, 2025

However, rapid growth brings challenges including scaling operations, ensuring regulatory compliance and maintaining robust IT infrastructure. These facilities offer flexible, scalable solutions with high availability, security and built-in regulatory compliance, eliminating the burden of managing an entire data centre.

FinTech

Stax

JANUARY 28, 2025

Enhanced securitytokenization and two-factor authentication reduces the risk of data breaches As we mentioned earlier, Click to Pay uses a data security approach called tokenization to protect sensitive financial data from malevolent actors.

Payment APIs and Integration

Finextra

JUNE 30, 2025

banks face challenges in AI adoption, such as regulatory compliance and risk management. Data privacy is also a concern. Meanwhile, data privacy and model transparency are top concerns in the UK (as they are elsewhere). Challenges U.S. This has prompted industry calls for more guidance.

AI

EBizCharge

MARCH 31, 2025

Many merchant services providers also assist with regulatory compliance, chargeback management, and reporting tools to help businesses streamline their financial operations. Security and PCI compliance Since payment processing involves handling sensitive financial data, security should be a top priority.

Service Provider

Stax

JULY 7, 2025

Security and compliance: Verify that the provider adheres to industry standards, such as Payment Card Industry Data Security Standard (PCI DSS) compliance, to protect sensitive customer data and minimize the risk of data breaches. Q: Any alternative to credit card surcharging for businesses?

Credit Cards

EBizCharge

JUNE 12, 2025

Whether handling credit card transactions and mobile payments or ensuring compliance with banking regulations and data security standards, the right merchant account can streamline operations and reduce costs.

Process

The Payments Association

JANUARY 22, 2025

On the people side, digital ID is being used to simplify regulatory compliance, such as verifying proof of age when purchasing alcohol or other restricted goods. Overall, it has reduced the need for traditional forms and manual authorisations, which were inefficient and time-intensive.

Security

Stax

FEBRUARY 19, 2025

Expanding into new markets by leveraging ISV solutions that cater to global compliance requirements and multilingual support. A prime example is an accounting software company partnering with a tax compliance ISV to offer automated tax calculations, attracting businesses seeking regulatory compliance.

ISVS

EBizCharge

MAY 22, 2025

Regulatory compliance: Invoicing and billing compliance means adhering to legal and financial regulations. Providing various options, such as credit and debit cards, Automated Clearing House (ACH) /eChecks, digital wallets, and more, can encourage timely payments.

Process

Innovative Payments Association

MARCH 12, 2025

Scheduled for June 26 in New York City, the event will serve as a critical platform for banks, credit unions, fintechs, and technology providers to explore the real-world applications of Open Banking and its impact on financial inclusion, regulatory compliance, and data security.

Regulatory Compliance

Nanonets

NOVEMBER 18, 2024

Compliance and security: Built with regulatory requirements in mind, ensuring data security and accuracy for sensitive financial workflows. Ocrolus is best suited for organizations in the financial sector that demand high accuracy and efficiency in processing complex, unstructured data. Ease of Setup N/A 8.0

Automation

Finextra

JULY 7, 2025

This article delves into the multifaceted reasons behind this phenomenon, exploring why organizations are choosing to keep their AI contained within the familiar confines of their data silos. The Security Fortress: Protecting Data in a Vulnerable World At the heart of this reluctance lies a deep-seated concern for data security and privacy.

AI

VISTA InfoSec

MARCH 28, 2024

Companies that excel in data protection comply with stringent regulations and gain a competitive edge by building solid relationships with their customers. This article explores ten key principles that every company should know and implement to ensure the highest level of data security. 5/5 - (1 vote)

Data Breach

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. The post Explore Regulatory Compliance Best Practices at FICO World appeared first on FICO.

Best Practices

The Fintech Times

AUGUST 10, 2024

The collaboration aims to validate Taishin Bank’s AI system – Taishin Brain – ensuring compliance with the Taiwan Financial Supervisory Commission’s (FSC) guidelines for the use of artificial intelligence in the financial industry.

Cybersecurity

The Finance Weekly

OCTOBER 9, 2022

For instance, software that automates regulatory compliance tasks can , free up time for employees while lowering errors that can be quite expensive. Better use of data - CIOs are often instrumental in evaluating and implementing business intelligence (BI) and other advanced data analytics tools.

Finance

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

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

Risk Management

The Fintech Times

MARCH 25, 2024

This debate has become more complex and nuanced in the context of open finance, where aligning technology investments with key objectives such as regulatory compliance, secure data management, and enhancing customer interactions takes precedence.

Finance

Fi911

FEBRUARY 29, 2024

Customer Satisfaction: Banks that efficiently manage VAR Sheets contribute to a better end-user experience by ensuring that transactions are processed securely and swiftly, thereby enhancing the reputation of both the bank and its merchant clients. It facilitates operational excellence, risk mitigation, and regulatory compliance.

VARS

Fi911

JANUARY 31, 2024

Navigating the Path Ahead with Caution Banks bear significant overhead costs managing infrastructure, regulatory compliance, and customer service. Industry commitment to data security and privacy must be unwavering, as mishandling customer data can result in severe legal consequences and erode customer trust.

AI

Open Banking Excellence

JULY 9, 2024

Importantly, we sought to discover if the Open API technology would be able to provide easy, seamless integration of information to the customers while remaining secure and compliant with current regulations. As well, we sought to determine what regulatory changes might be required to balance data security with free flow of information.

API

Fintech Review

JUNE 12, 2024

These challenges include legacy systems, regulatory compliance, and cultural resistance to change. Additionally, the integration process involves ensuring data interoperability and security, which can be complex and time-consuming.

Risk Assessment

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

PYMNTS

APRIL 12, 2019

The General Data Protection Regulation (GDPR) represented a new phase in data security and EU regulators’ approach to it. Such a scenario would leave the door wide open for data-controlling companies to send customer information to that criminal under the false pretense of regulatory compliance and data security.

Cybersecurity

PYMNTS

APRIL 24, 2019

In the April edition of the Payments And The Platform Economy Playbook , PYMNTS examines how regulatory compliance changes are impacting the growth of the sharing economy. As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges.

Economy

VISTA InfoSec

JUNE 3, 2024

Compliance with Other Standards and Regulations While GDPR sets a high bar for data protection, organizations must also consider compliance with other relevant standards and regulations. These may include: SOC1/SOC2: Service organization control reports that assess controls related to financial reporting and data security.

MFA

Fintech Finance

MARCH 12, 2024

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, and comforte AG, a leading provider of data-centric security solutions, have announced a partnership to help customers meet the new Payment Cards Industry Data Security Standards (PCI DSS) v4.0 PCI DSS v4.0 PCI DSS v4.0

PCI DSS

Fintech Review

JULY 16, 2024

These regulations mandate that banks must share customer data with authorised TPPs, provided customers give their explicit consent. How Open Banking Works It relies on APIs, which enable different software systems to communicate and exchange data securely. Data security is a primary concern.

Innovation

M2P Fintech

JANUARY 3, 2024

If tech infrastructure is not managed effectively, it impacts scalability, security, reliability, and business continuity. Regulatory Compliance To stay compliant, banks need to adhere to central bank regulations on transaction security, data security, and privacy, among others.

Payment APIs and Integration

The Payments Association

OCTOBER 4, 2024

Regulatory compliance The industry operates under stringent regulatory frameworks that vary across regions. These regulations are designed to ensure security, protect consumer data, and promote fair competition.

Online and Mobile Banking

PYMNTS

OCTOBER 24, 2019

Mastercard is introducing a Data Responsibility Imperative to spark a conversation with other companies about data security, Mastercard said in a press release on Oct. The initiative depends on coming up with fundamentals to direct how data is used.

Privacy

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. Security: These payment solutions come with strong security features like advanced encryption and authentication.

BNPL

Stax

MARCH 18, 2025

Because of this,the concern for payment security is at an all-time high. To keep the system of securing financial information and cardholder information safe, a multi-pronged approach to payment processing data security is imperative. Encryption protects sensitive data by encoding it before sending it out.

PCI DSS

Segpay

DECEMBER 7, 2023

It is imperative to uphold stringent data protection standards and ensure user data is handled following the Act’s provisions. More information about secure payment practices and their importance in maintaining regulatory compliance can be found here.

Compliance

Fintech Finance

MARCH 18, 2024

Clear Junction has a growing reputation for ensuring the highest adherence to regulatory compliance obligations and data security standards. On the company’s rebrand, Clear Junction’s Head of Marketing, Tatiza Gondim, commented: “After much hard work across the company, we’re pleased to unveil our new brand.

Cross-Border Payments

Open Banking Excellence

SEPTEMBER 27, 2024

Mexico in Focus: Open Banking and Financial Inclusion A briefing for banks and fintechs, with key insights and details of the opportunities available in LatAm’s third-largest nation. Open Banking represents an important possibility for both financial institutions and the Mexican population.

Financial Inclusion