Payments Source

APRIL 5, 2016

A data encryption method that Heartland Payment Systems CEO Robert Carr swears by has received high-level acceptance as part of a new standard.

Encryption 65

Encryption Data Encryption Payments Acquirers 65

Payments Source

MARCH 22, 2016

The tension between the desire of government agencies to gain more access with greater ease, and the public’s evolving perception of data privacy rights, is ongoing and writ large in the case of FBI vs. Apple, which brings the complexities regarding security technology such as encryption to light.

FBI 68

FBI Encryption Disputes Privacy 68

Stax

MARCH 11, 2025

The acquiring bank : the is the financial institution that issued the merchant account and receives the funds from the transaction into that merchant account until the payout date. Payment verification Once the payment processor receives the now-encrypted payment information, it will be sent to the issuing bank for verification.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

The Paypers

JANUARY 19, 2021

US-based identity management provider Entrust has acquired multi-cloud data encryption, key management, and cloud security posture management solutions provider HyTrust.

Data Encryption 36

Data Encryption Encryption Acquirers Security 36

Stax

NOVEMBER 14, 2024

They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. These are not banks, but rather governing bodies that set interchange rates, and arbitrate between acquiring and issuing banks. Acquiring Bank: The business’ (i.e., merchant’s) bank.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

PYMNTS

JANUARY 18, 2017

17) that it is rolling out Bolt P2PE , a point-to-point encryption service enabling software companies to integrate the firm’s encryption offerings. Based in the cloud, Bolt P2PE integrates its encryption capabilities into devices and apps and links with CardConnect’s existing payments technology, CardSecure.

Encryption 40

Encryption Payment APIs and Integration API Transactions 40

Fintech Finance

OCTOBER 16, 2024

This collaboration brings together Macro Global’s expertise in cross-border payments technology with Trust Payments’ cutting-edge acquiring solution and the TRU Connect Payment Gateway , delivering a superior customer experience by providing timely and accurate card-based money transfers with robust data security at its core.

Cross-Border Payments 105

Cross-Border Payments Cross-Border Payments Settlement 105

VISTA InfoSec

MAY 24, 2024

Implement security measures such as firewalls, encryption, and access controls to protect cardholder data. Assess the environment by identifying where and how cardholder data is stored, processed, or transmitted within your business operations. This assessment will help determine the scope of the compliance efforts.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

PYMNTS

MAY 30, 2018

Those stakeholders range from acquirers to processors to ISOs. Gone are the days when a POS device might be outfitted with a single encryption key needed for debit transactions. Now, with the emergence of things like point-to-point encryption, POS devices are increasingly being fitted with as many as 10 encryption key slots.

Encryption 49

Encryption Audit Point-of-Sale (POS) Acquirers 49

Stax

MARCH 18, 2025

In this guide we will discuss the following: What is Payment Tokenization How Payment Tokenization Works Payment Tokenization vs. Encryption SaaS Payment Tokenization Requirements Benefits of Payment Tokenization SaaS Payment Vulnerabilities Using Stax Connect and Payment Tokenization Lets get started.

PCI DSS 88

PCI DSS Encryption Data Breach Credit Cards 88

Stax

MARCH 13, 2025

Every time a customer makes a payment with a credit or debit card, the merchants acquiring bank pays a fee to the customers card issuing bank. Card networks must maintain them properly and pay for fraud prevention tech (data encryption, tokenization, real-time tracking, etc.). But there’s more to it.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

Fintech News

JULY 14, 2024

Ant International will work with BNP Paribas to enable thousands of merchants using BNP Paribas’ acquiring services across Europe to accept payments from over 25 international mobile partners via Alipay+.

Cross-Border Payments 120

Cross-Border Payments Cross-Border Treasury Management Treasury 120

PYMNTS

MARCH 8, 2017

Through the partnership , Bluefin’s PCI-validated point-to-point encryption (P2PE) solution will be used to help expand the data security for companies utilizing FAC’s payment gateway. PYMNTS: Why was it important for Bluefin to make its solutions available to merchants and acquiring banks in the LAC region?

Encryption 40

Encryption Data Breach Payment APIs and Integration Point-of-Sale (POS) 40

Finovate

FEBRUARY 8, 2024

Payments, identities, and data security company Entrust confirmed that it has entered “exclusive discussions” to acquire identity verification technology company Onfido. Trusted payments, identities, and data security company Entrust may be on the verge of acquiring identity verification (IDV) technology company Onfido.

Acquirers 52

Acquirers Verification Deepfake AI 52

The Fintech Times

JANUARY 20, 2025

protocol is designed to support issuers, acquirers, and merchants in reducing fraud and improving transaction approval rates. Sanita Jaundzeikare, product owner at DECTA Sanita Jaundzeikare , product owner at DECTA said: Working with a client like Urbo Bank, who had a clear vision and strong commitment to innovation, was fantastic.

EMV 59

EMV Payment APIs and Integration Authentication Processors 59

The Fintech Times

APRIL 10, 2024

PXP Financial , the global acquiring, payment, fraud, and data analysis service provider, has received accreditation from Mastercard to become a Token Service Provider. Accreditation was supported by the Mastercard Digital Enablement Service (MDES), a single integrated platform enabling the digitation of supported Mastercard card types.

Visa 105

Visa PCI DSS Accreditation Identity Theft 105

Fintech Finance

DECEMBER 12, 2023

Banks and fintechs can take advantage of the opportunity to differentiate, retain and acquire customers and drive revenues.” The sensor module also features additional privacy layers and advanced encryption to further enhance card security.

Visa 87

Visa Encryption Privacy Agreements 87

Stax

MARCH 15, 2024

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.

Process 88

Process Security PCI DSS Encryption 88

Fintech Finance

JULY 10, 2024

Breakthrough payment orchestration provider BR-DGE has today announced the launch of its white-label payment orchestration solution, which is set to propel payment acquirers, gateways, platforms and other ecosystem players with agile and customisable modular tech to stand out in a fiercely competitive market.

Gateways 52

Gateways PCI DSS Acquirers Value Added Service 52

The Paypers

APRIL 6, 2023

Germany-based Utimaco has acquired IT security solutions provider conpal to improve confidential data protection through encryption.

Acquirers 36

Acquirers Encryption Security 36

Stax

DECEMBER 9, 2024

The transaction details, including the purchase amount, are transmitted to the merchant’s acquiring bank for authorization. Authorization and Settlement The acquiring bank, upon receiving the transaction details, verifies the availability of funds in the consumer’s credit card account.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

Fintech Finance

MAY 24, 2024

Bluefin , the integrated payments pioneer in PCI-validated Point-to-Point (P2PE) encryption and tokenization services that protect payments and sensitive data, has announced the completion of Elavon certification for SUNMI Payment Terminal. It can also reduce the PCI DSS compliance burden by more than 90%.

PCI DSS 52

PCI DSS Encryption Payments Payment Solutions 52

Fintech Finance

JULY 15, 2024

BNP Paribas will work with Alipay+, the cross-border mobile payment and digitalisation technology solutions operated by Ant International, to enable thousands of merchants that use BNP Paribas’ acquiring service across Europe to accept payments from more than 25 international mobile partners via Alipay+.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Treasury Management Treasury 98

Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Stax

AUGUST 29, 2024

The provider works behind the scenes with acquiring banks, card networks, issuing banks, and other financial institutions to ensure the seamless transfer of funds between buyers and merchants. The acquiring bank will check with the customer’s issuing bank to confirm that the customer holds sufficient funds to complete the transaction.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Stax

SEPTEMBER 17, 2024

Protect Stored Cardholder Data Organizations must protect stored cardholder data and other credit card information using encryption, masking, hashing, or other methods to make the data unreadable to unauthorized individuals. Additionally, sensitive authentication data must never be stored after authorization, even if encrypted.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Fintech Finance

JULY 17, 2024

It is embedded directly into the checkout flow, removing interruptions to the customer journey, as well as reducing fraud through secure encryption. By implementing Click to Pay, Mastercard estimates that merchants can increase approval rates by as much as 3% and reduce checkout times by up to 50%.

Visa 98

Visa Interoperability Encryption Processing Costs 98

Clearly Payments

FEBRUARY 14, 2024

From independent sales organizations (ISOs) and payment facilitators (PayFacs) to acquirers, card associations, and beyond, each entity plays a unique role in shaping the payment industry. Acquiring Banks: Acquiring banks act as the conduit for funds to reach merchants, these banks provide the infrastructure for card payments.

Payments 104

Payments Value Added Service ISOs BNPL 104

Stax

APRIL 18, 2024

Acquiring Bank (Merchant Bank): The financial institution that establishes and maintains the merchant’s account, enabling them to accept credit card payments. Visa, Mastercard): The intermediary networks facilitating transactions between acquiring and issuing banks. Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

CB Insights

OCTOBER 15, 2018

Today, we’re talking about the IPO market, homomorphic encryption, Facebook’s lack of interest in healthcare, AB InBev buying Pepsi or Coke, and more: What patents tell us about FAMGA in healthcare. Is AB InBev looking to acquire a soft drink company? What is homomorphic encryption? Edge computing and the smart city.

Blockchain 51

Blockchain Encryption Acquirers Research 51

Stax

SEPTEMBER 17, 2024

Most payment gateways come with features like fraud detection and data encryption that are specifically geared towards keeping your customers’ payment information secure. A payment processor is a company that acts as the intermediary or middleman between the two banks: the issuing bank and the acquiring bank.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

Fi911

JULY 8, 2024

Acquiring banks have a vested interest in helping their merchant clients stop eCommerce fraud, as it directly impacts the financial stability and reputation of both parties. By assisting merchants in implementing effective fraud prevention measures, acquiring banks can reduce potential losses and enhance trust in the payment ecosystem.

Account Takeovers 94

Account Takeovers Fraud Detection Phishing Fraud Prevention 94

Clearly Payments

JUNE 7, 2024

Finally, the acquiring bank settles the funds with the merchant, completing the transaction cycle. Authorization : The API sends the transaction details to the acquiring bank (merchant’s bank), which forwards them to the issuing bank (customer’s bank) for authorization.

Payment Gateways 59

Payment Gateways Gateways API Payment APIs and Integration 59

Payments Source

APRIL 25, 2016

When you make a payment on a website using a HTTPS connection, Transport Layer Security (TLS) encryption is what makes your payment transfer over the public internet secure. Unfortunately, it's riddled with security flaws.

Encryption 71

Encryption Payments Security Acquirers 71

CB Insights

MARCH 27, 2019

In a post, CEO of Facebook Mark Zuckerberg said: “I believe the future of communication will increasingly shift to private, encrypted services where people can be confident what they say to each other stays secure and their messages and content won’t stick around forever.” The Controversies. Confirm.io Source: Cloudnosys.

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

PYMNTS

JUNE 24, 2020

There also may be a migration toward tokenization, he said, in a bid to enhance data security through encryption. beachhead through acquiring Finicity, looking ahead, Vosburg said “ultimately we expect over time that there’ll be some connectedness between our regional strategies.

Visa 105

Visa API Credential Encryption 105

PYMNTS

AUGUST 2, 2019

In a recently reported data breach, Poshmark said it recently learned that an unauthorized third party acquired data from some users. The fashion marketplace company said the information does not include physical addresses or financial data, according to a web post.

Data Breach 76

Data Breach Breach Encryption Addressing 76