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Payment Security: Everything You Need to Know About Secure Payments

Stax

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments. What is SSL/TLS?

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A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

Why businesses should process credit cards in Sage 100 Sage 100 credit card processing offers multiple benefits that can enhance your invoicing process and the customer payment experience. It allows businesses to enforce user permissions within the system, reducing the risk of internal security threats.

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Navigating the rise of AI-enabled fraud

The Payments Association

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).

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Wallet wars: How digital payments are reshaping finance

The Payments Association

This balancing act between enhancing user experience and meeting regulatory obligations is now a defining challenge for fintech firms, banks, and payment service providers. As digital wallets grow in popularity, they are driving the evolution of more secure payment methods.

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What is 3D Secure Authentication and How Does It Work

Stax

The merchant completes the payment process, and the customer’s purchase is finalized. Benefits of 3D Secure Authentication for Cardholders The primary benefit of 3D Secure Authentication for cardholders is improved payment security. 3D Secure 2 (3DS2) meets the criteria for PSD2.

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AP Automation Combats COVID Scams

PYMNTS

Companies can tighten security by requiring those seeking access to AP systems to undergo MFA [multi-factor authentication], which requires users to verify their identities with at least two types of credentials.”. Next-Level Payments Security.

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PCI DSS Compliance for SaaS Businesses

VISTA InfoSec

This puts them in a prime position to become targets for cybercriminals, making payment security compliance non-negotiable. Compliance with PCI DSS 4.0 , the latest standard, reinforces this by ensuring SaaS providers use up-to-date security measures to safeguard cardholder data across their platforms.

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