VISTA InfoSec

DECEMBER 19, 2024

Regularly patch and update software to address known vulnerabilities. Use multi-factor authentication (MFA) for SWIFT interfaces and applications. Based on this analysis, we deliver actionable insights to address compliance gaps, implement mandatory and advisory controls, and strengthen your overall cybersecurity infrastructure.

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

PYMNTS

NOVEMBER 13, 2020

Multifactor authentication (MFA) and biometric scans are quickly becoming the norm in numerous fields, including online accounts for banks and other businesses. Digital identity solutions have become increasingly widespread in recent years as alternatives or supplements to old-fashioned authentication methods like passwords.

Multifactor Authentication 97

Multifactor Authentication MFA Verification Online and Mobile Banking 97

EBizCharge

MARCH 18, 2025

So, it’s crucial to monitor and address any security issues that may arise. Merchants must address any security challenges associated with credit card processing to protect customer data and prevent fraud. Its important to remember that, as with any form of payment processing, security is paramount.

Credit Cards 52

Credit Cards Process Security Data Breach 52

VISTA InfoSec

SEPTEMBER 25, 2024

Change Management: Develop a change management strategy to address any resistance or concerns from your team. Authentication: Implement multi-factor authentication (MFA) to add an extra layer of security to your system. Training: Provide thorough training on the new platform to ensure employees feel confident using the system.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

VISTA InfoSec

OCTOBER 21, 2024

Change Management: Develop a change management strategy to address any resistance or concerns from your team. Authentication: Implement multi-factor authentication (MFA) to add an extra layer of security to your system. Training: Provide thorough training on the new platform to ensure employees feel confident using the system.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

VISTA InfoSec

JULY 29, 2024

Whichever cryptocurrenciesyouretrading in, make sure to look for these security features in yournextcrypto wallet: 1) Multifactor Authentication (MFA) Multifactor authentication adds extra layers of security in addition to the typical username password.

Cryptocurrency 130

Cryptocurrency Multifactor Authentication MFA Compromise 130

Fintech News

DECEMBER 18, 2023

An outreach session organised by the Singapore Police Force (SPF) and MAS addressed individuals whose funds remitted into Chinese beneficiaries’ bank accounts via Singaporean remittance companies had been frozen by PRC law enforcement agencies. Approximately 430 reports were against Samlit Moneychanger.

Rules 107

Rules Law Enforcement MFA Laws 107

PYMNTS

NOVEMBER 16, 2020

Multifactor authentication (MFA) has become commonplace for online accounts, with users confirming their identities via text messages sent to their phones. Now you can log into an app and reset a password, or — if you already have that password — use that SIM card to get [an MFA] code. It's that easy.”.

MFA 71

MFA Verification Online and Mobile Banking Multifactor Authentication 71

Stax

MARCH 4, 2024

Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. Many people use MFA when making purchases through Apple Pay, for example, using Face ID or a passcode to complete a purchase. What is SSL/TLS? Q: What is the most secure online payment method?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

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

Fi911

JANUARY 18, 2024

Multi-Factor Authentication (MFA) Implementing MFA for customer authentication can significantly enhance security. They should also have a robust response plan in place to investigate and address reported cases of third-party fraud swiftly.

Account Takeovers 93

Account Takeovers MFA Fraud Detection Credit Cards 93

Fintech News

MAY 20, 2024

The webinar will address the underutilization of transactional data by banks and its potential to drive customer engagement, increase customer lifetime value, and enhance business impact. However, when this demand slips through gaps in the customer journey, it not only results in lost revenue but also impacts productivity.

FinTech 135

FinTech Embedded Finance BNPL AI 135

Stax

AUGUST 20, 2024

Understanding these potential obstacles and how to address them can help ensure a smoother transition and better outcomes for both merchants and customers. To preemptively address concerns, include a brief explanation of 3D Secure during the checkout process, highlighting how it enhances security and protects their payment information.

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

VISTA InfoSec

NOVEMBER 12, 2024

System and application security : SaaS providers must develop and maintain secure applications, which include regular code reviews, vulnerability scanning, and penetration testing to catch and address security weaknesses ( Requirements 6.1 Keeping software up to date is important to protect against emerging threats ( Requirement 6.2 ).

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

System and application security : SaaS providers must develop and maintain secure applications, which include regular code reviews, vulnerability scanning, and penetration testing to catch and address security weaknesses ( Requirements 6.1 Keeping software up to date is important to protect against emerging threats ( Requirement 6.2 ).

PCI DSS 130

PCI DSS Compliance Encryption Audit 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.” . That means FIs must make sure they can properly authenticate customers at speed and scale.

Online and Mobile Banking 59

Online and Mobile Banking MFA Enrollments SWIFT 59

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

OCTOBER 16, 2020

A survey found that 70 percent of bank customers are willing to share email addresses, birthdays and other standard information for security purposes , but only one-third are comfortable with banks harvesting biometric data like voiceprints or fingerprints. About The Playbook.

Zelle 89

Zelle P2P Scams Financial Crimes 89

The Payments Association

OCTOBER 22, 2024

Further, it is unclear whether the rules address the complexities and evolving fraud tactics. Benefits vs. concerns of the new regulations The PSR’s new rules are a critical step in addressing this crisis. As scams become more advanced, even the most cautious consumers are falling victim.

Rules 88

Rules Fraud Prevention Caps Deepfake 88

VISTA InfoSec

FEBRUARY 28, 2024

Both factors must succeed to login. Verify compliance by checking vendor supports replay prevention, reviewing system settings mandate MFA, confirming exceptions are documented and rare, and observing logins remotely and within the card data environment require both factors. password and token).

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

Seon

JUNE 15, 2023

It’s worth noting here that you can always act on your initial suspicions by running a quick email lookup against an address associated with a dubious message. Check out SEON’s address lookup widget below to see this approach in action. Use multi-factor authentication (MFA) to alert you immediately to an unrecognized sign-in attempt.

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

Stax

NOVEMBER 21, 2024

Incidental fees : some providers have a raft of one-time fees for specific situations like chargebacks, voice authorization, address verification service (AVS), and non-sufficient funds.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Global Fintech & Digital Assets

DECEMBER 11, 2023

Covered entities’ incident response plans must also expressly address procedures for recovery from backups, root cause analysis, evaluation of business impact, and prevention of recurrence of incidents. Certification A covered entity’s CISO and highest-ranking executive must annually file a notice of compliance with the DFS.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

VISTA InfoSec

JANUARY 9, 2024

This change accommodates a broader spectrum of technologies that meet the security objectives traditionally addressed by firewalls. This will encompass all technologies categorized under Network Security Controls, including but not limited to WAF, IPS/IDS, DAM, DLP, PIM/PAM, MFA, and so on. PCI DSS v3.2.1 PCI DSS v4.0

PCI DSS 113

PCI DSS Procedures Authorization Security 113

Nanonets

MAY 3, 2023

This list of finance AI tools covers the most useful and interesting tools available to address each of the challenges finance professionals face. Like other fintech tools, Planful and Predict protect their users’ financial data with MFA as well as layers of the latest encryption technology.

AI 94

AI Finance Advisors Fed 94

VISTA InfoSec

JULY 31, 2023

It is then up to the business to engage a consultant or take other appropriate measures to address the areas of non-compliance. In addition to unique access, PCI DSS requirements mandate the use of multi-factor authentication (MFA) mechanisms. and prepare your organization for any changes.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

FICO

SEPTEMBER 17, 2018

This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. This goes from something as basic as changing default admin passwords to more advanced activities like disabling unused ports and taking adequate measures to prevent SQL injection and cross-site scripting. Layer 2 – Authentication.

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

Basis Theory

OCTOBER 1, 2024

Scenario 2 : If you're processing less than 6 million transactions and aren't using a service provider, someone in your organization will need to address over 300 questions in your annual SAQ D. Quarterly scans typically run around $175 per IP address. As such, you should reduce your scope to SAQ A or SAQ A-EP for as long as possible.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Seon

JANUARY 29, 2024

Flag suspicious behavior: Look for suspicious account changes in real time, recognize suspicious IP addresses and identify unknown devices or multiple accounts being used from the same device. For instance, if a user informs you of their travel plans in advance, their IP address can be added to the whitelist accordingly.

Account Takeovers 52

Account Takeovers Accounts Fraud Prevention Fraud Detection 52

FICO

SEPTEMBER 19, 2018

This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. This goes from something as basic as changing default admin passwords to more advanced activities like disabling unused ports and taking adequate measures to prevent SQL injection and cross-site scripting. Layer 2 – Authentication.

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

PYMNTS

SEPTEMBER 7, 2017

On the existing products, I spend a significant amount of time with our product, marketing and customer support teams getting involved in a variety of ongoing projects to address issues related to deployment, performance validation and customer success. We are also paying close attention to cryptocurrencies (e.g.

Same Day ACH 46

Same Day ACH Fraud Detection Innovation Fraud Prevention 46

Stax

SEPTEMBER 17, 2024

Organizations must develop and maintain secure systems and applications by implementing a process for identifying and addressing vulnerabilities. This includes the use of unique IDs and strong passwords or multi-factor authentication (MFA) methods.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

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. It is critical that platforms protect themselves against phishing and malware, Farris said. Ramping Up Protections.

Money Laundering 40

Money Laundering AML Authentication MFA 40

Seon

SEPTEMBER 28, 2023

SEON’s widget, shown here, allows you to enter an email address or phone number to reveal a person’s digital footprint. Password management : Using multi-factor authentication (MFA) and password managers. This profiling can show many things, but in short, the smaller the social presence, the more likely they are to be a fraudster.

Security 52

Security Phishing Best Practices Data Breach 52

PYMNTS

NOVEMBER 9, 2017

I don’t think Alexa is road-ready for true voice biometric determination for an MFA [multi-factor authentication], even in-home,” IntraNext CEO Patrick Brown told Karen Webster in a recent interview. How confident can I be that my Echo Show validated who I am when it comes to banking and purchasing?

Authentication 41

Authentication MFA Fraud Detection Security 41

Nanonets

SEPTEMBER 25, 2024

For example, if the bank statement lists a $200 withdrawal not recorded in the company’s books, this discrepancy must be identified and addressed promptly.   Limiting access to only authorized personnel, implementing Multi-Factor Authentication (MFA), and employing data masking techniques reduce the risk of data breaches. 

Process 52

Process AI Best Practices Reconciliation 52

The Payments Association

FEBRUARY 17, 2025

When the victim enters their credentials, the attacker captures these details and may steal session cookies to bypass multifactor authentication (MFA). By proactively addressing evolving fraud challenges, organisations can protect their operations, maintain customer trust, and improve overall resilience against future threats.

Phishing 88

Phishing Multifactor Authentication Authentication Credential 88