Remove ISO 20022 Remove ISOs Remove PCI DSS
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Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

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.

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Beyond the Firewall: Rethinking Payment Data Security

Finextra

Standards like PCI DSS don’t currently mandate tokenisation for bank details, but forward-thinking organisations aren’t waiting for legislation to catch up. From Niche to Necessity While tokenisation is already well established in card payment systems, its adoption for bank account data is only just beginning.

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Effective payments testing: DIY versus getting the experts in

The Payments Association

PCI DSS, SEPA, ISO 20022). Up-to-date compliance and standards Payment ecosystems must comply with strict regulatory standards (e.g.,

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Strengthening Cybersecurity and Mitigating Financial Crimes in a Cashless World

The Fintech Times

Adhering to PCI DSS standards – through encryption, secure authentication, and device security – is crucial for mitigating these risks and ensuring safe transactions.

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What Can We Learn From Payment System Failures and Global IT Outage?

The Fintech Times

This has included using new technology and messaging standards (ISO 20022) to improve performance, data quality and operational efficiency. “In addition, the financial sector needs to continually promote cooperation and adherence to regulatory standards like GDPR and PCI DSS.

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Paymob: Real-Time Revolution – How MENA is Leading the Rise of Instant Payments

The Fintech Times

Advanced security measures, such as SSL encryption and tokenisation, along with compliance with regulatory standards like PCI DSS, help protect sensitive transaction data and build consumer trust.

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Finovate Global Malaysia: Payments Partnerships, Funding Sustainable Energy, and More

Finovate

The technology will enable Affin Bank to process 20%+ more transactions, and enable interoperability among PayNet, RENTAS, and SWIFT using ISO 20022 standards. Middle East and Northern Africa Abu Dhabi-based Pyypl achieved PCI-DSS V4.0 certification this week following news of the company’s partnership with Visa.