Stax

MARCH 6, 2024

By the end of this guide, you’ll have `a clear overview of its operational framework, strategic benefits, best practices, and advanced strategies to maximize this powerful, rapidly rising payment tool. TL;DR Recurring billing is a powerful solution to streamline processes and enhance revenue generation and customer engagement.

Best Practices 88

Best Practices PCI DSS Payment Gateways Gateways 88

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

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

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

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 Government Governance Fraud Prevention 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

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

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 67

Addressing Online and Mobile Banking Security Best Practices 67

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 52

Best Practices Automation Multi-Currency Process 52

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

Electronic Transactions Association

MAY 10, 2022

WASHINGTON, DC (May 11, 2022) — The Electronic Transactions Association (ETA); INFiN, a Financial Services Alliance; the Money Services Business Association (MSBA); and The Money Services Round Table (TMSRT) today announced the release of Best Practices for U.S. The industry effort to identify and distribute Best Practices for U.S.

Best Practices 40

Best Practices Money Laundering Law Enforcement AML 40

VISTA InfoSec

FEBRUARY 25, 2024

These commonly breached records include: Personal Information Names, addresses, phone numbers, Social Security numbers, driver’s license details, passport numbers, patient healthcare records, insurance policy information, financial statements, etc. But some data types see higher breach rates than others.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

FICO

JULY 17, 2020

The message could contain educational statistics or best practices they should be aware of when purchasing goods, or sending money to someone they don’t know. Fraudsters will move from person to person and bank to bank, using the same schemes, devices, IP addresses, etc., Tip #3 – Use Contextual Data Services.

Best Practices 52

Best Practices Scams Addressing Crime 52

Clearly Payments

NOVEMBER 18, 2024

This article outlines how to structure your chargeback management team, define roles, implement processes, select the right software, and adhere to best practices. Customer Support Specialists Responsibilities: Address disputes proactively by resolving customer concerns before they escalate to chargebacks.

PCI DSS 59

PCI DSS Address Verification System (AVS) Disputes Card Network Rules 59

FICO

MARCH 11, 2020

When subscription fraud is not properly identified and addressed, the problem grows. Here are 4 best practices to fight subscription fraud. FICO will present best practices in fighting subscription fraud. So how can organizations better take on and beat subscription fraud? Don't think you will be able to attend?

Best Practices 52

Best Practices Identity Theft Risk Rules 52

The Fintech Times

NOVEMBER 18, 2024

To ensure that they are positioned for sustainable success, insurers need to address critical challenges hindering the ability to cater to customer demands. This will address the industry’s demand for an adaptable packaged software suited to the Japanese insurance sector.”

Best Practices 57

Best Practices On-Demand Addressing Underwriting 57

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

FICO

MARCH 31, 2016

The Regulatory Compliance track will feature an impressive list of industry experts sharing best practices that address a diverse range of high-priority regulatory challenges. The post Explore Regulatory Compliance Best Practices at FICO World appeared first on FICO. Please join us in Washington DC April 26 -29!

Regulatory Compliance 49

Regulatory Compliance Best Practices Compliance Financial Crimes 49

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

JUNE 19, 2024

Best Practices for Securing Video Communication Choose the Right Platform When evaluating different platforms, assess their security features comprehensively. Choose platforms that provide regular security updates and patches to address emerging vulnerabilities.

Risk 277

Risk Ransomware Phishing MFA 277

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 103

APACS Best Practices AI Cybersecurity 103

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

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 98

Digital Payments Financial Inclusion Best Practices Payments 98

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 79

International Payments Process Multi-Currency Cross-Border 79

EBizCharge

NOVEMBER 11, 2024

This article will explore the various types of reconciliation, detailing their unique features and applications while also offering best practices to enhance accuracy and efficiency in your financial processes. Now that you know the main types of reconciliation, you can look to best practices to conduct effective reconciliation.

Reconciliation 52

Reconciliation Best Practices Non-Bank Audit 52

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 128

Instant Payments Faster Payments FPC Real Time Payments 128

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

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 Finance

FEBRUARY 8, 2024

The Payments Association EU provides a forum for industry collaboration, where members can share best practices and work together to strengthen the broader payments sector. The post Brite Payments Joins The Payments Association as Instant Payments Gain Traction Across Europe appeared first on Fintech Finance.

Instant Payments 52

Instant Payments Best Practices Payments Addressing 52

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

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

NOVEMBER 13, 2024

If we’re to protect consumers and defeat fraudsters, as well as preserve business models, purpose-built fraud prevention software is needed to address vulnerabilities as well as improved data sharing on both sides of the transaction to aid investigations.”

Cross-Border Payments 87

Cross-Border Payments Cross-Border Law Enforcement Romance Scams 87

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

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 95

Best Practices Consulting Regulations Participant 95

The Fintech Times

JULY 20, 2024

These range from information sharing to best practices and beyond. Similarly, they must establish best practices for third-party risk associated with cloud service providers, outsourcing, and due diligence processes to increase transparency.

Treasury 57

Treasury FS-ISAC Consumer Financial Protection Bureau (CFPB) Due Diligence 57

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 90

Disputes Fraud Prevention Payments Credit Cards 90