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. Non-compliance can lead to severe penalties, up to 4% of a company’s global revenue.

Privacy 105

Privacy Compliance CCPA Authentication 105

PYMNTS

SEPTEMBER 21, 2020

And in one recent edition of PYMNTS’ KYC/AML Tracker details, the rise of open banking is likely to spur a “fast track” for new AML efforts, including multifactor authentication (MFA) and strong customer authentication (SCA) processes.

Fincen 139

Fincen AML Suspicious Activity Report (SAR) Financial Crimes 139

VISTA InfoSec

NOVEMBER 12, 2024

PCI DSS is a set of requirements that is applied to every small and large organization that accepts, stores, processes, or transmits cardholder data. This includes preparing for potential threats, training staff on response procedures, and regularly testing the response plan ( Requirements 12.10.1 PCI DSS v4.0, Visa, MasterCard, etc.)

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

PCI DSS is a set of requirements that is applied to every small and large organization that accepts, stores, processes, or transmits cardholder data. This includes preparing for potential threats, training staff on response procedures, and regularly testing the response plan ( Requirements 12.10.1 PCI DSS v4.0, Visa, MasterCard, etc.)

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

Stax

AUGUST 20, 2024

This article will discuss what 3D Secure Authentication is and how the 3DS authentication process works. Regardless of what you call it, all of these systems are based around the same underlying technology, and they each provide an extra layer of security when processing online payments. A process that is never 100% sure.

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

PYMNTS

JUNE 9, 2020

For this reason, “Players in the space suggest that open banking could put know your customer (KYC) procedures on the fast track,” according to the May/June Tracker. SCA, MFA, All the Way. A primary way of doing that is to establish trust and ascertain that one’s new customers are real. percent ‘less likely to be compromised.’

AML 52

AML MFA Authentication Verification 52

Nanonets

SEPTEMBER 25, 2024

For businesses processing thousands of bank statements daily—from insurance companies to financial institutions, bank statement processing presents a challenge and an even bigger opportunity for automation. In this article, we’ll explore applications of AI and automation for bank statement processing.

Process 52

Process AI Best Practices Reconciliation 52

PYMNTS

JUNE 8, 2020

This also allows hackers to bypass in-app authentication procedures because it can be easier to steal API keys — the credentials developers use to build apps that harness APIs — than contend with apps’ biometric or two-factor authentication (2FA) processes.”. MFA and APIs Make A Good Pair. That’s changing now.

API 52

API B2B MFA Security 52

Basis Theory

OCTOBER 1, 2024

Today, the framework introduced in the early 2000s outlines 12 PCI requirements that merchants must satisfy to process credit card transactions on the card networks. Failure to meet these standards could result in fines or bans as a merchant or service, rendering you unable to process payments or send payment data with the major networks.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

EBizCharge

JULY 19, 2024

When it comes to processing payments, adhering to the Payment Card Industry (PCI) Standards is crucial to ensuring cardholder data is safe and secure. By understanding these pitfalls, businesses can take proactive steps to adopt more secure payment processing solutions. What is PCI compliance?

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

EBizCharge

JULY 16, 2024

Under NACHA’s stewardship, the ACH network processes various payments, including direct payments for payroll, social security benefits, tax refunds, and more. NACHA has streamlined the audit process by consolidating the methodologies into a single section within NACHA regulations.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

PYMNTS

NOVEMBER 12, 2019

Defending against such threats means encrypting sensitive data both in storage and transit, applying multi-factor authentication (MFA), using penetration testing, accessing continual attack monitoring and more. Farris said that the trick to keeping security processes as painless as possible is for companies to not get ahead of themselves.

Money Laundering 40

Money Laundering AML Authentication MFA 40