Clearly Payments

JULY 23, 2025

is rolling out, with new requirements around authentication, encryption, and risk monitoring. To stay in good standing: Respond to disputes promptly Use pre-transaction fraud tools (3DS2, address verification, etc.) These are global rules designed to keep cardholder data secure. What merchants need to know in 2025: PCI DSS version 4.0

Compliance 65

Compliance PCI DSS Processors Disputes 65

Stax

JANUARY 21, 2025

Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. The payment gateway collects and encrypts sensitive customer payment details and then securely sends them to the payment processor. Learn More What is a Payment Gateway?

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

EBizCharge

MARCH 18, 2025

PCI-compliant Sage 100 payment software providers must maintain strict security standards and enforce various measures, such as advanced encryption and tokenization, to safeguard sensitive payment data. By adhering to these standards, businesses can reduce data breach risks and maintain regulatory compliance.

Credit Cards 52

Credit Cards Process Security Data Breach 52

EBizCharge

NOVEMBER 27, 2024

The gateway acts as the intermediary that collects, encrypts, and transmits transaction data to the payment processor. Features like Address Verification Systems (AVs), Card Verification Value (CVV) checks, and encryption protocols protect sensitive customer data and minimize chargebacks.

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

Clearly Payments

MARCH 14, 2025

Merchant Sends Transaction Request : The merchant’s POS system or online payment gateway encrypts and transmits the transaction data to the acquiring bank or payment processor. 3D Secure Authentication : Adds an additional verification step for online transactions, such as a one-time password (OTP) or biometric authentication.

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

The Payments Association

DECEMBER 9, 2024

These capabilities make LLMs ideal for real-time fraud detection, transaction monitoring, and identity verification, helping payment providers stay one step ahead of fraudsters and ensuring a more secure financial ecosystem. This is where AI shines, as it can rapidly analyse vast amounts of data to detect fraud and ensure efficiency.

Privacy 88

Privacy Payment Security AI Security 88

My Payment Savvy

JUNE 16, 2025

Data is Encrypted & Tokenized Immediately after submission, the payment gateway encrypts the card data and replaces it with a token—a random, one-time-use ID. Your online payment gateway applies encryption, address verification, and fraud screening—all within seconds. Any hiccups risk abandoned carts and lost sales.

Payment Gateways 52

Payment Gateways Gateways Online and Mobile Banking PCI DSS 52

Stax

MARCH 11, 2025

The payment processor : this is the payment services provider that handles the verification and transfer of data and funds between the financial institutions involved in that transaction. Payment verification Once the payment processor receives the now-encrypted payment information, it will be sent to the issuing bank for verification.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Clearly Payments

JANUARY 14, 2025

One key challenge businesses mentioned is finding a balance between security measures (like extra verification steps) and a quick, hassle-free checkout. Tools like tokenization , encryption, and secure customer data storage can build trust. If the payment process is slow, complicated, or feels unsafe, customers might look elsewhere.

Online and Mobile Banking 105

Online and Mobile Banking Processors Payments Debit Card 105

Stax

MARCH 4, 2025

TL;DR Online payments rely on API or hosted gateways with encryption and fraud detection, while in-store transactions require POS hardware with EMV chip technology and NFC capabilities. Implement SSL (Secure Sockets Layer) encryption to ensure secure data transmission between your website and payment gateway.

Credit Cards 88

Credit Cards Payment APIs and Integration Payment Gateways Gateways 88

Stax

JANUARY 28, 2025

Step 3: The payment services provider authenticates the transaction Once the customer selects a preferred card network, the merchants payment gateway will send the transaction details to the merchants payment services provider who will then contact the customers issuing bank for payment verification.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

Stax

NOVEMBER 14, 2024

These can include terminal fees, early termination fees, setup fees, reprogramming fees, PCI compliance fees, address verification fees, chargeback and retrieval fees, and payment gateway fees. 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.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

EBizCharge

JANUARY 21, 2025

Secure payment processing: Data encryption ensures that credit card details and payment data are secure, reducing fraud risk. Virtual terminals should implement strong payment security measures like encryption, tokenization, address encryption, address verification, and secure gateways to prevent fraud and data breaches.

Credit Cards 52

Credit Cards Encryption ACH Process 52

Fintech Finance

JUNE 16, 2025

With WollettePay, each transaction is protected by biometric verification, tokenisation, and advanced encryption, providing merchants and consumers with complete confidence in a seamless, secure experience. “WollettePay is the first solution to bring open banking up to speed with the card networks.

Payment APIs and Integration 59

Payment APIs and Integration Encryption Payments Authentication 59

Finextra

JULY 3, 2025

Your users can: Load money via card, bank, or cash agents Pay merchants or peers directly Set up recurring utility payments Use QR codes, NFC, or biometric verification for transactions In short: It behaves like a bank account with embedded superpowers, making it ideal for unbanked users, rural markets, and ecosystems where banks are slow to reach.

eWallet 52

eWallet Payment APIs and Integration PCI DSS Online and Mobile Banking 52

Fintech Review

APRIL 17, 2025

This includes end-to-end encryption, behavioural analytics, device monitoring, and biometric verification. Key Features of Digital Banking Today Modern digital banking platforms come with a range of features designed to simplify financial management.

Online and Mobile Banking 59

Online and Mobile Banking Embedded Finance Multi-Currency Money Laundering 59

Finovate

MARCH 24, 2025

Fraud prevention and identity verification Wisconsin-based community bank IncredibleBank partners with Alloy to enhance its account opening process. Encryption and tokenization technology payments company Bluefin teams up with Printec Group to bring its PCI-validated, point-to-point encryption solution to retailers in Europe.

FinTech 85

FinTech Fraud Prevention Encryption Risk Assessment 85

EBizCharge

JANUARY 14, 2025

Overall, the payment gateway acts as a secure bridge that encrypts sensitive data, such as credit card details, to ensure the transaction is processed safely and efficiently. Strong encryption builds trust with customers and reduces the risk of data breaches. Fraud detection and prevention are critical features of a payment gateway.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 52

Finextra

JUNE 16, 2025

With WollettePay, each transaction is protected by biometric verification, tokenisation, and advanced encryption, providing merchants and consumers with complete confidence in a seamless, secure experience. No cards Merchants avoid card fees and reduce fraud. Omnichannel Works online and in-person.

Payment APIs and Integration 52

Payment APIs and Integration Encryption Authorization API 52

The Fintech Times

JANUARY 28, 2025

The data is encrypted and stored within the card itself, removing any additional fear of data being lost via a centralised breach or large-scale hack. Contactless payments go some way to solving that problem but pose the risk of fraud as there is no PIN verification below the increasing threshold amount, now at 100 in the UK.

Service Provider 59

Service Provider FinTech Underserved Innovation 59

EBizCharge

FEBRUARY 26, 2025

Additionally, it includes security features such as tokenization, encryption, and fraud prevention tools to ensure compliance with Payment Card Industry Data Security Standards (PCI DSS). Address Verification Service (AVS) and CVV verification should be enabled to prevent unauthorized transactions and reduce chargeback rates.

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

Stax

NOVEMBER 21, 2024

Once your customer enters credit card information on the checkout page of your website, your payment gateway will encrypt the information and forward it to your payment processor for authorization and settlement. It serves as a link between your website and your payment processor.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Cardfellow

APRIL 27, 2025

Now, employees logging in from your store, office, or restaurant (in addition to anyone logging in remotely) must use secondary verification, such as a code sent to their phone or email, to verify the login. Encryption and Access Control While data security has always been part of PCI, the 4.0

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 52

EBizCharge

DECEMBER 18, 2024

Verification and validation Clearinghouses confirm the authenticity of all parties involved in a transaction through verification and validation. Clearinghouses verify the details of each transaction to ensure everything is correct before moving forward to prevent errors and guarantee that claims and payments are accurately processed.

Facilitators 52

Facilitators Transactions Settlement Mitigation 52

Evolve Payment

JULY 15, 2025

The risk is heightened with large transactions, where careful verification of each bill may be overlooked. Fraud Prevention: Advanced encryption and security protocols make electronic payments highly secure, minimizing the risk of fraud. Logistical Challenges Avoiding operational and regulatory pitfalls of cash payments.

Cash Management 52

Cash Management Reconciliation Payments Audit 52

Fintech Weekly

JUNE 8, 2025

The average app uses between 26 and 50 APIs , all of which may have different levels of encryption, authentication, regulatory compliance and data formats. Implementing zero-trust means designing your platform around multiple verification stops and allowing security tools to monitor all API traffic. Encryption is the first step.

API 78

API Payment APIs and Integration Security FinTech 78

The Payments Association

DECEMBER 10, 2024

However, In addition to adopting advanced fraud detection tools, payments firms must implement robust authentication methods such as multi-factor authentication (MFA), biometric verification (e.g., fingerprints, facial recognition), and behavioural biometrics (e.g., keystroke dynamics or mouse movements).

AI 88

AI Fraud Detection Fraud Prevention Deepfake 88

Stax

APRIL 10, 2025

Its role is to encrypt and securely transfer your customers payment data to your payment processor. All the data transfer between the digital wallet and your payment terminal are encrypted and the system also uses tokenization to ensure iron-clad data security.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

M2P Fintech

MARCH 24, 2025

Back in the day, loan management system s were synonymous with pile s of paperwork involving intricate manual calculations and lengthy verifications, leading to slow approvals. Identity Verification: Provides a secure digital identity, simplifying verification and enhancing regulatory compliance.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Underwriting 52

Clearly Payments

MAY 22, 2025

Encryption Scrambling card data so it cant be read by anyone else. AVS (Address Verification System) Verifies the billing address matches the card. CVV (Card Verification Value) The 3-digit number on the back of a card. KYC (Know Your Customer) Verification required to open a merchant account. Verified by Visa).

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Processors ACH 52

Stax

MARCH 27, 2025

They check for fraud and fund availability (Verification) before depositing the money into your account (Completion). The Electronic Funds Transfer Act (EFTA) also requires added security features, such as multi-factor authentication, end-to-end encryption, and tokenization. EFT comes in many forms that suit different business needs.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wires 88

Finextra

JULY 24, 2025

The data is also stored in the Secure Enclave as an encrypted template 19. Face ID can be activated by pointing the device at the users face without their consent (if the attention verification function is disabled) 16. Face ID can be fooled with 3D masks or deep fakes, although this requires significant resources.

Payment APIs and Integration 52

Payment APIs and Integration Online and Mobile Banking Authentication Account Takeovers 52

The Fintech Times

JULY 17, 2025

Bluefin has partnered with Allied Electronics to integrate its PCI-validated point-to-point encryption (P2PE) solution, Decryptx®, into Allied’s NeXGen PRIME forecourt controller. The funding will support product expansion in identity verification, transaction monitoring and secure payments.

FinTech 59

FinTech Payment APIs and Integration Non-Bank RDC 59

The Paypers

JUNE 19, 2025

A2A payments made through WollettePay are authenticated using biometric verification and supported by tokenization and encryption measures. The new system enables consumers to make payments directly from their bank accounts without needing to enter card details or go through redirects.

Payment APIs and Integration 46

Payment APIs and Integration CBDC Multi-Currency Digital Currency 46

EBizCharge

JUNE 12, 2025

It features a proprietary payment gateway equipped with advanced security features, including tokenization and encryption technology, to safeguard sensitive data and prevent fraud. Business model review: Underwriters can examine your products or services, sales channels, and refund and chargeback policies to understand your risk exposure.

Process 52

Process Accounts Payment Gateways Gateways 52

Finextra

JUNE 26, 2025

Transactions are encrypted and verifiably recorded on an immutable public ledger. Blockchain-Enabled Security and Transparency Payments conducted via stablecoins, leveraging blockchain technology, inherently provide a degree of transparency and enhanced fraud protection. Pay with TRIO offers: Stablecoin Settlement in minutes, Flat 1.5%

Stablecoins 52

Stablecoins Payment APIs and Integration Fraud Prevention Cross-Border 52

Stax

DECEMBER 9, 2024

Use address verification, CVV checks, and fraud scoring models to identify potentially fraudulent orders. These involve the highest risk of fraud, which is why extra information such as CVV card numbers or AVS (Address Verification System) is often required. For in-store payments, check that your credit card machine has an EMV reader.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88