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Credit Unions Want SMEs Held To Same Cybersecurity Standards

PYMNTS

According to reports in Credit Union Journal , James Mooney, president and chief executive of Chevron Credit Union, spoke to the House Small Business Committee about SME cybersecurity Wednesday (March 8), suggesting that “it is very ambiguous right now” how small businesses are expected and required to protect payment data under current regulation.

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Everything You Need to Know About Secure Payment Processing Systems

Stax

Regulatory Compliance: Payment systems may also need to comply with specific regulations and laws related to financial transactions and data protection, depending on the region and industry. Examples include the General Data Protection Regulation (GDPR) in the European Union and the Gramm-Leach-Bliley Act (GLBA) in the United States.

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Your Ultimate Guide to Secure Payment Processing Systems

EBizCharge

Whether youre a small business owner or managing a large online store, protecting customers payment data is essential to maintaining trust and long-term success. Encryption Encryption is integral to secure payment processing systems, ensuring all financial transactions are shielded from unauthorized eyes.

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