VISTA InfoSec

JUNE 18, 2024

If you lack the resources, you can hire managed ICT professionals to help with the process. Ensure the backup process captures complete, restorable copies of your data. In addition to access control, fortify your defenses with Multi-Factor Authentication (MFA). These experts are more experienced when it comes to cybersecurity.

Data Security 266

Data Security Security Encryption Cybersecurity 266

VISTA InfoSec

JUNE 3, 2024

It mandates strict compliance requirements for organizations that process personal data, regardless of their location. Multi-Factor Authentication (MFA) Implementing multi-factor authentication (MFA) adds an extra layer of security to the authentication process.

MFA 130

MFA Credential PCI DSS Compliance 130

PYMNTS

NOVEMBER 27, 2020

Overtaxing the royal attention span — that of the consumer — is a mistake, so multifactor authentication (MFA) processes are morphing in various ways to reduce onboarding frictions while maintaining rigorous multifactor authentication (MFA) and other fraud-fighting tools. Phone Call For You.

Multifactor Authentication 107

Multifactor Authentication Authentication Security MFA 107

Stax

SEPTEMBER 17, 2024

Each requirement plays a critical role in building a secure environment for payment processing. These include penalties, legal repurcussions, and the revocation of credit card processing privileges. Each requirement plays a critical role in building a secure environment for payment processing. What is PCI Compliance?

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

The Payments Association

MARCH 19, 2025

A well-designed digital wallet integrates multiple features, including payment processing, security, multifunctionality, and connectivity, creating a smooth and efficient user experience. Optty CEO Natasha Zurnamer highlights this shift: Digital wallets have expanded functionality well beyond the processing of a payment.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

The Payments Association

APRIL 7, 2025

It is also good to see so much investment in AI, digital ID verification, and technology to automate processes, as there is a lot of opportunity here for streamlining operations and identifying suspicion more effectively. The existing technical mechanisms, like MFA and biometrics, will not be able to prevent this type of fraud.

Financial Crimes 88

Financial Crimes Crime AML Fraud Prevention 88

PYMNTS

SEPTEMBER 4, 2019

That can make the authentication process tricky when it comes to satisfying consumers who want things done quickly. In the latest Call Center Commerce Tracker , PYMNTS examines how contact centers are using technologies like AI, biometrics and multifactor authentication (MFA) to keep customers satisfied and, most importantly, safe.

MFA 61

MFA Multifactor Authentication Security Authentication 61

VISTA InfoSec

DECEMBER 19, 2024

Use multi-factor authentication (MFA) for SWIFT interfaces and applications. This unique approach streamlines the compliance process, reduces redundancies, and saves time and resources by addressing multiple frameworks in a single engagement. Use surveillance and access controls for server rooms and data centers.

SWIFT 173

SWIFT Cybersecurity PCI DSS Compliance 173

The Paypers

MARCH 1, 2023

US-based authentication company 1Kosmos has announced that its 1Kosmos DevX platform will work with existing and new applications in a simplified process.

MFA 36

MFA Process Verification Authentication 36

Stax

MARCH 4, 2024

Learn More Payment Security Fundamentals Merchants hold a lot of sensitive data when processing transactions, and if not properly safeguarded, hackers could wreak havoc. The tokens are then used to substitute the card information when the payment is processed. What is SSL/TLS?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

VISTA InfoSec

SEPTEMBER 25, 2024

However, transitioning to CCaaS requires careful planning to ensure a smooth implementation process. To fully take advantage of these benefits, a seamless implementation process is crucial. Choosing the Right CCaaS Provider Selecting the right CCaaS provider is a critical first step in the implementation process.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

VISTA InfoSec

OCTOBER 21, 2024

However, transitioning to CCaaS requires careful planning to ensure a smooth implementation process. To fully take advantage of these benefits, a seamless implementation process is crucial. Choosing the Right CCaaS Provider Selecting the right CCaaS provider is a critical first step in the implementation process.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

The Payments Association

DECEMBER 10, 2024

Other ways fraudsters leverage the latest technology to fraudulently extort firms and consumers are through machine learning, natural language processing (NLP), and deep learning to conduct sophisticated scams and bypass traditional security measures. fingerprints, facial recognition), and behavioural biometrics (e.g.,

AI 88

AI Fraud Detection Fraud Prevention Deepfake 88

Fi911

JANUARY 31, 2024

From customer authentication to funds transfer, this technology is poised to become a central element in various banking processes. It will ultimately enhance customer satisfaction through advanced natural language processing (NLP) capabilities.

AI 105

AI MFA Regulatory Compliance Best Practices 105

Fintech News

DECEMBER 18, 2023

We have told them to render the necessary assistance to the affected customers and to strengthen their complaints handling process. The Ministry of Foreign Affairs (MFA) has engaged with the PRC Embassy in Singapore to register concerns and understand how affected remitters can unfreeze their funds and accounts.

Rules 109

Rules Law Enforcement MFA Laws 109

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

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 8, 2020

PSD2 was designed with such risks in mind, and its Strong Customer Authentication (SCA) provision — which takes effect in participating countries throughout 2020 and 2021 — compels companies to verify users’ identities with multi-factor authentication (MFA) whenever they attempt to access user accounts or digitally send payments.

Authentication 60

Authentication MFA Phishing Scams 60

Cardfellow

APRIL 27, 2025

Technically, the standard refers to storing, processing, or transmitting card data, but if you accept cards, youre doing one or more of those things. Required Multi-Factor Authentication (MFA) Version 4.0 of the PCI standard now requires multi-factor authentication (MFA) for any access to cardholder data. The post PCI DSS 4.0

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 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

VISTA InfoSec

DECEMBER 19, 2024

Use multi-factor authentication (MFA) for SWIFT interfaces and applications. This unique approach streamlines the compliance process, reduces redundancies, and saves time and resources by addressing multiple frameworks in a single engagement. Use surveillance and access controls for server rooms and data centers.

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

Segpay

NOVEMBER 26, 2024

As we move our personal, financial, and governmental interactions to digital platforms, the need for reliable and efficient digital identity verification processes has become critical. Digital identity verification is the process of ensuring that an individual’s claimed identity matches their actual identity.

Verification 111

Verification Identity Theft Due Diligence Money Laundering 111

PYMNTS

SEPTEMBER 5, 2019

One of the biggest changes is that call centers are moving away from knowledge-based authentication (KBA) methods like passwords and PINs and employing methods with multi-factor authentication (MFA). The company recently launched AI-powered TechSee Smart, which lets customers take and upload photos that AI can process to identify issues.

MFA 59

MFA Authentication Multifactor Authentication AI 59

Fi911

JANUARY 18, 2024

Multi-Factor Authentication (MFA) Implementing MFA for customer authentication can significantly enhance security. Beyond this, working with clients and customers to continuously improve the authentication process is equally as valuable against every type of fraud out there. The post What is Third-Party Fraud?

Account Takeovers 105

Account Takeovers MFA Fraud Detection Credit Cards 105

VISTA InfoSec

APRIL 3, 2024

Automating the update process guarantees that security software, systems, and applications remain equipped with the latest defensive measures against new threats. These educational initiatives should not be one-off events but an ongoing process that reflects the ever-changing nature of cybersecurity threats.

Cybersecurity 130

Cybersecurity Encryption Breach Phishing 130

The Payments Association

OCTOBER 24, 2024

In fact, three out of four cardholders surveyed equated chargebacks with refunds, mistakenly thinking the two processes were interchangeable. Chargeback abuse doesn’t just affect inventory or revenue; it also results in significant fees, increased processing costs, and reputational damage. How can merchants fight chargeback abuse?

Disputes 88

Disputes Non-Bank MFA Legal 88

Fintech News

MARCH 25, 2024

Results of a 2023 survey conducted by Statista show that South Korea, South Africa and Sweden are the world’s biggest adopters of mobile banking, with 82%, 78% and 75% of respondents in these respective markets indicating using mobile channels to process their banking matters.

Mobile Banking 120

Mobile Banking Online and Mobile Banking Identity Theft Credential 120

EBizCharge

APRIL 22, 2025

Since the ways merchants handle transactions can make or break their success, integrating a reliable and robust payment processing system that syncs with their other business systems can be invaluable. Seamless payment processing software can also be synced directly inside of it when partnered with the right payment gateway.

Payment APIs and Integration 52

Payment APIs and Integration Payment Gateways Gateways Payments 52

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. SaaS businesses must determine which level applies to them: Level 1 : Organizations processing over 6 million transactions annually. In 2024, the updated version of PCI DSS 3.2.1,

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. SaaS businesses must determine which level applies to them: Level 1 : Organizations processing over 6 million transactions annually. In 2024, the updated version of PCI DSS 3.2.1,

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

PYMNTS

JUNE 3, 2020

In the June B2B API Tracker® , PYMNTS explores the latest in the world of B2B APIs, including new API-based payment solutions from Aspire and EMQ, B2B payment obstacles like slow processing times that APIs are working to solve and the security threats to APIs that plague banks and apps. Developments From Around The World Of B2B APIs.

Real Time Payments 75

Real Time Payments API B2B MFA 75

VISTA InfoSec

MAY 15, 2025

Staff Screening Process 5.4 Implement robust authentication mechanisms such as MFA. Assist in compliance reporting and attestation processes. Prevent Compromise of Credentials 4.1 Password Policy 4.2 Multi-Factor Authentication 5. Manage Identities and Separate Privileges 5.1 Logical Access Control 5.2 Token Management 5.3A

SWIFT 100

SWIFT Security Best Practices PCI DSS 100

PYMNTS

NOVEMBER 17, 2020

This negative experience is due to a number of factors, including ineffective communication, unclear directions on how to access their devices, and tedious processes when setting up their accounts that often require multiple password entries and multifactor authentication (MFA) setup.

Multifactor Authentication 107

Multifactor Authentication Online and Mobile Banking Checks MFA 107

PYMNTS

JUNE 9, 2020

SCA, MFA, All the Way. Increasingly, that work is being performed by dynamic global identity verification platforms that use strong consumer authentication (SCA) and/or multi-factor authentication (MFA) to harden the onboarding process against an army of cyberthieves exploiting pandemic disorder.

AML 52

AML MFA Authentication Verification 52

VISTA InfoSec

FEBRUARY 28, 2024

Similarly, adds the need for a process to handle potential exceptions. Wording update, more focus on processes. Today, we turn our attention to Requirement 8: Identify Users and Authenticate Access to System Components. Very similar, emphasizes limiting (ideally eliminating) shared accounts. Minor emphasis shift. b (v3.2.1) -> 8.2.2.b

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

PYMNTS

JUNE 9, 2020

The bank is relying on tools like multi-factor authentication (MFA) to balance seamlessness and security while verifying customers’ identities during mobile onboarding. We use the same enrollment MFA for the app and for the online desktop.” . Utilizing smartphones in the verification process helps provide the ease customers expect.

Online and Mobile Banking 59

Online and Mobile Banking MFA Enrollments SWIFT 59

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) SARS 139