EBizCharge

JUNE 20, 2024

This article will help set your business up for success by explaining AR, why it’s important, and best practices for optimizing your receivables. 13 accounts receivable best practices Adopting the best AR practices helps maintain consistent revenue, reducing the need for external financing and minimizing non-payment risk.

Best Practices 52

Best Practices Accounts Disputes Procedures 52

FloQast

APRIL 7, 2024

In this article, we will look at best practices for enhancing your close and how automated software tools can help you reduce completion times. Accordingly, companies should implement a system to isolate and track each component of their close process as best practice.

Best Practices 52

Best Practices Reconciliation Close Processes Automation 52

Nanonets

APRIL 19, 2024

Petty Cash Reconciliation: What is It, Best Practices, and Automation Petty cash, also referred to as a small cash fund, is a fixed amount of money reserved for minor expenses in a business. Schedule reconciliation activities on a weekly or monthly basis to promptly identify and address any discrepancies.

Best Practices 52

Best Practices Reconciliation Automation Procedures 52

The Fintech Times

APRIL 23, 2024

In its latest bank security investigation, researches tested banking website and app security across four key criteria – login procedures, security best practice, account management and navigation and logout, which were amalgamated to give a total score and revealed a variety of concerns. Sam Richardson , deputy editor of Which?

Addressing 69

Addressing Online and Mobile Banking Security Best Practices 69

EBizCharge

OCTOBER 25, 2023

By implementing the most reliable security software and best practices, organizations and individuals can mitigate the risk of data breaches and safeguard their valuable information from malicious actors. Using this knowledge to create and update your procedures to address new threats is essential.

Best Practices 52

Best Practices Data Breach Breach Phishing 52

Core

FEBRUARY 6, 2024

The well-being of communities, and society as a whole, hinges on government organizations who provide essential services and address the needs of the public. An Overview of 7 Best Practices Adopting government fraud prevention best practices is instrumental in maintaining the resilience of public systems.

Best Practices 52

Best Practices Governance Government Fraud Prevention 52

Payment Savvy

MAY 10, 2024

Below are 7 best practices on how to reduce cart abandonment, thus increasing sales and profit for your ecommerce business. Limit your request to important information like shipping address, billing method, and payment option. While it’s nearly impossible to eliminate cart abandonment, there are steps to reduce it.

Best Practices 52

Best Practices Online and Mobile Banking Process Payment Solutions 52

Payment Savvy

MAY 10, 2024

Below, we put together 8 best practices for simplifying and optimizing your invoice process, ensuring a smooth and healthy cash flow for your business. Request the client’s name and surname, address (email and physical), telephone number, tax identification number, selected payment method, and other important information.

Best Practices 52

Best Practices Process Automation Payment Solutions 52

Fintech News

MARCH 24, 2024

The lounge, situated within Tech Mahindra’s Singapore campus, aims to support businesses in leveraging advanced technologies such as AI, Intelligent Automation, Hybrid Cloud, 5G, Edge Computing, and Cybersecurity to address complex challenges, improve customer service, reduce costs, and increase efficiency.

APACS 107

APACS Best Practices AI Cybersecurity 107

VISTA InfoSec

APRIL 12, 2024

This process not only hides your real IP address but also enables filtering, monitoring, and logging of internet traffic, adding a robust layer of security and anonymity to your online endeavors. Security Challenges And Best Practices Despite their strengths, proxies face security challenges. 5/5 - (1 vote)

Cybersecurity 130

Cybersecurity Best Practices Encryption Privacy 130

VISTA InfoSec

JULY 17, 2024

Best practices in multilingual cybersecurity compliance To keep your data secure in multilingual environments, it’s smart to follow some key steps. Conduct regular training and awareness sessions Training and awareness sessions keep your team updated on the latest security threats and best practices.

Cybersecurity 231

Cybersecurity Compliance Encryption Best Practices 231

VISTA InfoSec

MAY 23, 2024

This guide addresses both preventive and mitigative actions. Best Practices The Terraform destroy command should be used cautiously, though. This command can delete all or some of the infrastructure defined in IaC. Its effects cannot be reversed, and there’s no rollback option to bring back specific states.

Compromise 286

Compromise Database Best Practices Shutdown 286

VISTA InfoSec

MARCH 6, 2024

System Configuration Outlines specific best practices (central time servers, external sources based on Atomic Time/UTC, peer syncing). Terminology Uses "timely detection and reporting" Shifts to "prompt detection, alerting, and addressing", emphasizing a quick response. Requirement v3.2.1 10.4.1 – 10.4.3) 10.6.1 – 10.6.3)

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

VISTA InfoSec

FEBRUARY 28, 2024

It must include both numbers and letters. (This requirement is a best practice until 31 March 2025.) Look at your system settings to make sure these password rules are enforced. Requirement 8.6.1: (This requirement is a best practice until 31 March 2025.) Requirement 8.3.6: password and token).

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

Nanonets

JUNE 12, 2024

Any discrepancies are immediately addressed and once everything is confirmed to be in order, the purchase order is marked as fulfilled. Implementing an automation solution can address these challenges effectively. Fulfillment: When the order arrives, it is checked for quality and quantity.

Best Practices 52

Best Practices Automation Small Business Process 52

Segpay

JUNE 13, 2024

In this post, we’ll discuss the best practices for businesses and customers to secure online payment against cyber attacks. Best Practices for Securing Financial Transactions What can businesses and consumers do to ensure secure payment processing in this digital Wild West? The Travelex ransomware attack. million ransom.

Best Practices 40

Best Practices Processors Transactions Security 40

VISTA InfoSec

JUNE 7, 2024

Implicit trust and the abundance of vulnerabilities in outdated security systems can lead to exposed IP addresses, the proliferation of spyware and other malware, and other security risks. However, working predominantly or even exclusively through the internet also poses copious security risks to both individuals and companies.

Micro-Entry 162

Micro-Entry Data Breach Breach Cybersecurity 162

Fintech Finance

SEPTEMBER 13, 2024

This comprehensive guideline provides essential insights and best practices for financial institutions (FIs) as they navigate the complex landscape of instant payments. With contributions from industry experts, the guideline aims to help FIs enhance their operational readiness for real-time payments, including RTP® and FedNow®.

Instant Payments 131

Instant Payments Faster Payments FPC Real Time Payments 131

VISTA InfoSec

FEBRUARY 13, 2024

This proactive stance enhances Singapore’s resilience against cyber threats and also serves as a model for global best practices in cybersecurity. This practice involves regularly applying patches and updates to software, operating systems, and applications to correct any potential security vulnerabilities.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

VISTA InfoSec

JANUARY 29, 2024

The prevention, detection, and addressing of malicious software (malware) is ensured. 5.3 Employing anti-malware solutions that address all types of malwares is crucial in safeguarding systems from both current and evolving malware threats. This stipulation is considered a best practice until March 31, 2025.

PCI DSS 130

PCI DSS Phishing Best Practices Procedures 130

VISTA InfoSec

AUGUST 22, 2023

As technology advances and the use of biometric data becomes more prevalent, it is crucial to address the privacy concerns and regulatory compliance associated with this sensitive data. By addressing these issues, organizations can strike a balance between reaping the benefits of biometric technology and protecting individuals’ privacy.

Privacy 130

Privacy Compliance Legal Best Practices 130

Fintech News

JANUARY 31, 2024

The DAA seeks to unite various sectors, including financial institutions, fintech companies, technology providers, and legal and regulatory experts, to address the evolving landscape of tokenised real-world assets.

Best Practices 113

Best Practices Legal Blockchain Risk Management 113

The Fintech Times

JANUARY 12, 2024

Jonas Flodh, CPO at Recurly Jonas Flodh , CPO at Recurly, explains the importance of addressing the issue: “Subscriber churn is the enemy of every brand we speak to. Recurly is the only company that addresses churn pre and post-transaction, leveraging machine learning and data models trained for over a decade.

Transactions 105

Transactions Best Practices Automation Gateways 105

VISTA InfoSec

FEBRUARY 21, 2024

This requirement is a best practice until 31 March 2025.) Perform bi-annual reviews of user accounts (including vendors). Ensure access aligns with roles, adjusting it if needed. Obtain official sign-off for appropriate access. Verify staff members’ understanding of their responsibilities through interviews.

PCI DSS 130

PCI DSS Database Best Practices Procedures 130

Clearly Payments

OCTOBER 30, 2024

In this article, we’ll cover what Canadian merchants need to know as they scale their businesses internationally to USA and beyond, with a focus on key considerations, challenges, and best practices to optimize payment processing and boost customer satisfaction worldwide.

International Payments 83

International Payments Process Multi-Currency Cross-Border 83

Fintech News

AUGUST 6, 2024

Singapore’s Minister for Transport and Second Minister for Finance, Chee Hong Tat, clarified that the Ministry of Culture, Community and Youth (MCCY) had addressed Income Insurance’s social mission and NTUC Enterprise’s rationale for the deal with Allianz.

Consumer Protection 107

Consumer Protection Consumer Risk Management Best Practices 107

The Payments Association

OCTOBER 23, 2024

Panelists will address the critical role of collaboration with fraud becoming a company-wide responsibility. As industries face increasing regulatory pressures, Seon Technologies will highlight the shared challenges of customer onboarding, fraud prevention and compliance, including how businesses navigate global KYC and AML regulations.

Fraud Prevention 88

Fraud Prevention Fraud Detection Best Practices AML 88

Nanonets

OCTOBER 1, 2024

In case of exceptions, the system will alert suppliers, allowing them to quickly address issues, speeding up resolution times. This ensures that critical information like tax IDs, payment terms, and addresses are accurate and up-to-date. It encourages electronic invoice submission.

Best Practices 40

Best Practices Automation Multi-Currency Process 40

Fintech Finance

AUGUST 9, 2024

The organisation addresses issues and challenges faced by its members and collaborates with similar associations, bodies, and federations within the European Union and internationally. Its goal is to enhance the institutions within Cyprus’s financial sector and integrate them into the global economic landscape.

Best Practices 98

Best Practices Consulting Regulations Participant 98

Fintech News

NOVEMBER 4, 2024

Amazon’s Pay It Forward campaign features a public microsite showcasing report highlights and an educational video series aimed at addressing the challenges faced by different demographics in digital payment usage.

Digital Payments 103

Digital Payments Financial Inclusion Best Practices Payments 103

Segpay

JANUARY 26, 2024

Those processes we employ are also best practices for merchants to apply to their business partners. At a minimum, merchants should be gathering things like proper address information, bank account data, and valid identifications of their affiliates.

Best Practices 82

Best Practices Push-to-Card Processors Due Diligence 82

VISTA InfoSec

FEBRUARY 16, 2024

a: Verify that software-development processes align with industry standards/best practices. - The software should be developed based on industry standards and/or best practices for secure development. - This ensures a clear documentation trail of security practices. PCI DSS v3.2.1 PCI DSS v4.0 Requirement 6.3

PCI DSS 100

PCI DSS Procedures Best Practices Verification 100

Fintech Finance

JUNE 20, 2024

The center will provide a platform for the exchange of ideas and best practices between the public and private sectors. Collaborative Research and Policy Development: Engaging in joint research initiatives and policy formulation to enhance the understanding and regulation of financial crime.

Financial Crimes 97

Financial Crimes Crime FBI Law Enforcement 97

Clearly Payments

SEPTEMBER 18, 2024

Customer Support Liaison: Ensures smooth communication with customers, addresses complaints before they escalate into disputes, and promotes customer satisfaction to minimize chargeback instances. Prevention: Provides recommendations for improving fraud detection tools like 3D Secure and Address Verification Service (AVS).

Disputes 95

Disputes Fraud Prevention Payments Credit Cards 95

VISTA InfoSec

OCTOBER 21, 2024

Change Management: Develop a change management strategy to address any resistance or concerns from your team. Some best practices to ensure robust cybersecurity include: Data Encryption: All sensitive data should be encrypted both in transit and at rest to prevent unauthorized access and ensure efficient data security measures.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

The Payments Association

DECEMBER 16, 2024

In addition to navigating multi-country operations and handling diverse currencies for payments and receipts, they must also address foreign exchange (FX) riskor exchange rate risk. Best Practices for Managing FX Risks Diversification Strategies Diversifying your currency portfolio is an effective risk mitigation approach.

International Payments 88

International Payments Risk Payments Strategy Multi-Currency 88

Fintech News

APRIL 7, 2024

Examples include verifying the user’s personally identifiable information (PII), assessing the age and reputation of the user’s email and phone number, verifying their location via IP address, and evaluating the trustworthiness of the device to assess the user risk level.

Deepfake 130

Deepfake Scams Fraud Detection Verification 130