Stax

MARCH 11, 2025

Encryption and transfer of payment information The payment gateway that underpins your checkout page will now encrypt the customers payment details as stipulated by industry data security regulations like PCI DSS (Payment Card Industry Data Security Standard) before transferring the data to your payment processor.

Online Payment Processing

Clearly Payments

NOVEMBER 13, 2024

Data Security and Privacy Regulations : Payment processors need to comply with data protection laws, such as GDPR in Europe or CCPA in California, to ensure the safety of customer information. Testing should also cover security measures, such as encryption and tokenization, to protect cardholder data.

Process

Stax

NOVEMBER 14, 2024

All you need to do is enter the payment info into your virtual terminal and it will then be encrypted, authorized, and submitted for online payment. Chips uniquely encrypt the card information each time it is used. Point-of-Sale Point-of-sale systems are huge for restaurant and retail locations.

Credit Cards

Fintech Review

APRIL 17, 2025

This includes end-to-end encryption, behavioural analytics, device monitoring, and biometric verification. Regulators are closely monitoring this space, ensuring that digital banking providers comply with data protection laws, anti-money laundering regulations, and operational resilience standards.

Online and Mobile Banking

Evolve Payment

JULY 15, 2025

Fraud Prevention: Advanced encryption and security protocols make electronic payments highly secure, minimizing the risk of fraud. Your payment partner should provide robust security measures, including advanced encryption technologies. Finding the Right Partner Choose the right payment partner, to elevate your business.

Cash Management

Clearly Payments

MAY 22, 2025

Encryption Scrambling card data so it cant be read by anyone else. law that caps debit card interchange fees for large banks and encourages routing choice for merchants. Integrated Payments Payment systems built into your POS or software. mPOS (Mobile Point of Sale) A point of sale system on a mobile device. Verified by Visa).

Online and Mobile Banking

Stax

OCTOBER 14, 2024

Beyond compliance, look for processors that offer advanced security features like tokenization and encryption, which add layers of protection to payment information. Providing the highest level of security with complete encryption and various layers of fraud prevention tools provides an additional layer of comfort to your customers.

Processors

Stax

DECEMBER 9, 2024

Adherence to the Fair Credit Billing Act (FCBA) The Fair Credit Billing Act (FCBA) is a federal law designed to protect consumers in credit card transactions. Ensure that you’re working with a processor that provides secure payment systems (SPS) that can encrypt and tokenize cardholder information to prevent fraudulent transactions.

Credit Cards

Fintech News

JUNE 15, 2025

Vietnam has formally recognised digital assets under a newly passed law aimed at supporting the country’s digital transformation and regulatory clarity in emerging technologies. As reported by The Investor Vietnam , the National Assembly approved the Law on Digital Technology Industry on 15 June.

Regulations

The Fintech Times

AUGUST 7, 2025

It doesn’t matter how secure your wallet is, how strong your encryption, or how many layers of multi-factor authentication you’ve set up. The term actually comes from a webcomic that made a stark but simple point: no matter how strong your encryption is, someone could just threaten you with a wrench and get your password.

Law Enforcement

VISTA InfoSec

MARCH 28, 2024

Hence, understanding GDPR compliance and other data protection laws is essential in keeping you abreast of regulatory trends. Data Security To secure customer data, employ encryption for data at rest and in transit. This means encrypting data on your servers and any data being sent over the internet.

Data Breach

PYMNTS

DECEMBER 11, 2019

10) over the companies’ decision to use encryption technology, according to a report by Reuters. The lawmakers warned that both companies should allow for “backdoor” access to law enforcement or they would be forced to regulate the technology. senators went head to head with executives of Apple and Facebook on Tuesday (Dec.

Law Enforcement

PYMNTS

DECEMBER 11, 2019

10) over the companies’ decision to use encryption technology, according to a report by Reuters. The lawmakers warned that both companies should allow for “backdoor” access to law enforcement or they would be forced to regulate the technology. senators went head to head with executives of Apple and Facebook on Tuesday (Dec.

Law Enforcement

VISTA InfoSec

FEBRUARY 25, 2024

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. How Breaches Impact You Suffering a breach carries severe consequences beyond just data loss.

Data Breach

VISTA InfoSec

JULY 17, 2024

Encrypting messages and choosing secure ways to talk online are keys to keeping secrets safe in any language. Use encryption and strong passwords to protect messages. Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must.

Cybersecurity

PYMNTS

JULY 15, 2020

The bills in question include the Lawful Access to Encrypted Data (LAED) Act and the Eliminating Abusive and Rampant Neglect of Interactive Technologies (EARN IT) Act, the former of which is a new bill and the latter of which has been in the works for months and gone through several amendments.

IRS

PYMNTS

JULY 23, 2019

attorney general, made lengthy comments on Tuesday (July 23) about encrypted messaging and the need for law enforcement to have access to those messages if necessary, according to a report. The official noted that tech companies should be more willing to help law enforcement when it comes to getting access to devices.

Encryption

VISTA InfoSec

OCTOBER 21, 2024

Encrypting messages and choosing secure ways to talk online are keys to keeping secrets safe in any language. Use encryption and strong passwords to protect messages. Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must.

Cybersecurity

Segpay

OCTOBER 22, 2024

Privacy-Friendly Cryptographic Security in Compliance with the Law Resistance to traditional ID-based age verification is growing. Concerns about unauthorized access, potential misuse, or even government surveillance are widespread, especially in regions with weaker privacy laws or a history of overreach.

Verification

PYMNTS

MAY 25, 2016

Apple’s encryption battle against the FBI may have simmered down, but Apple is not backing down on further bolstering the security of its devices. In his time at Apple, Callas built an encryption system to safeguard data stored on Mac computers. and Silent Circle, Reuters reported.

Encryption

PYMNTS

AUGUST 14, 2018

14) put forth a new law that would call on technology companies, including Apple, to provide access to encrypted data if they receive a warrant. Only the device receiving the message can understand the data and Apple doesn’t have access to the encryption code, so as a result they can’t provide access.

Encryption

PYMNTS

APRIL 14, 2016

Tensions between Washington and Silicon Valley may heat up with the circulation of the latest proposal from lawmakers that would force private companies to unlock encrypted devices and technology at the request of a court order. I do not believe, however, that those solutions should be above the law.”.

Encryption

PYMNTS

APRIL 7, 2016

The Apple-FBI encryption saga appears to be tempered — for now — but the debate about what role the federal government has on the subject is just getting started. What this means is that those battles between the DOJ, other law enforcement officials and the tech companies like Apple will likely continue.

Encryption

VISTA InfoSec

AUGUST 22, 2023

Key Principles of GDPR That Are Essential for Data Protection: Transparent, fair, and lawful processing: Organizations must process biometric data in a transparent and lawful manner, informing individuals of the purpose and relevant details. Robust consent mechanisms and data control options are crucial.

Privacy

PYMNTS

JUNE 21, 2017

Good luck decrypting Europe’s incoming digital chief’s views on encryption. Gabriel said she supported guarantees that strong encryption should include no governmental backdoors.

Encryption

PYMNTS

NOVEMBER 6, 2019

Facebook said it is going to enhance encryption capabilities on its Messenger communication platform, despite requests from lawmakers and regulators not to do so because of the potential result that pedophiles and criminals will be harder to track. The new changes have been lauded by civil rights organizations and technology experts, however.

Encryption

Segpay

DECEMBER 13, 2024

These pioneering laws represent the first significant initiatives by governments to establish regulations that protect individuals’ data, aiming to give people more control over how their information is collected, processed, and stored. Fines for non-compliance can range from $2,500 to $7,500 per violation.

Privacy

The Payments Association

SEPTEMBER 27, 2024

The design of the patented technology was born out of Lucinity’s research and development division, Lucinity Labs, which had been looking for a way to strengthen the financial services ecosystem while complying with data-sharing laws.

Security

VISTA InfoSec

APRIL 12, 2024

Moreover, proxies can encrypt your data, adding an extra layer of security that shields sensitive information from hackers and eavesdroppers. This is particularly vital for businesses handling sensitive customer information, necessitating strict privacy law adherence and further emphasizing the multifaceted role of proxies in cybersecurity.

Cybersecurity

PYMNTS

OCTOBER 3, 2019

Attorney General wrote an open letter to Facebook asking it to postpone plans to encrypt messages on the company’s three services until the government can assess how it will affect public safety. . The letter is an answer to Facebook’s plans to encrypt messages across Instagram, Messenger and WhatsApp. Home Secretary Priti Patel, U.S.

Encryption

Fintech Finance

JULY 3, 2024

Trustly uses data encryption in transit and customer banking details are never stored to improve security. In addition to bank-level security, it has the highest encryption standard available. Consumers are protected under applicable consumer rights laws as well as payment service regulations in the EU and UK.

Debit Card

PYMNTS

SEPTEMBER 27, 2019

And data privacy startup StrongSalt raised $3 million from Valley Capital Partners to bring standardized encryption techniques to the blockchain. StrongSalt is planning to release its API product later this year. StrongSalt is chain-agnostic, as we can work with almost any blockchain,” StrongSalt CEO Ed Yu told CoinDesk.

Encryption

PYMNTS

JULY 6, 2016

It almost seems like Google and the Android OS are on the precipice of something never before seen in consumer electronics market share — or that would be the case if Android hadn’t just suffered a potentially unrecoverable blow to its encryption credibility.

Encryption

VISTA InfoSec

JUNE 21, 2023

Be sure to familiarize yourself with state laws, which your legal counsel will be able to help with. The Federal Trade Commission (FTC) recommends that companies notify law enforcement as soon as possible by contacting local FBI or U.S. Generally speaking, however, seeking advice and reporting incidents as soon as possible is best.

Data Breach

Clearly Payments

JANUARY 12, 2024

This documentation may be valuable for law enforcement or investigations by financial institutions. Notify Law Enforcement Report the incident to local law enforcement by filing a police report. Be prepared to cooperate with law enforcement authorities and follow any instructions they provide during their investigation.

Credit Cards

PYMNTS

FEBRUARY 1, 2019

It also notified law enforcement authorities, as well as any customers that might have been impacted by the incident. “We do not believe that any passwords were compromised because we do not actually store passwords, except in a one-way encrypted form that is salted uniquely per user,” the company wrote.

Data Breach

Segpay

OCTOBER 17, 2024

Compliance and Accountability : User-based verification provides a clear audit trail, making it easier for companies to prove compliance with age verification laws and regulations. Legal and Regional Considerations Age verification methods vary by region, influenced by local privacy laws and cultural preferences.

Verification