VISTA InfoSec

MARCH 5, 2024

specifically to visitor access procedures. Changes Scope Addresses specifically visitor access and authorization. Broadened to observe and interview for CDE-wide visitor management procedures. Same principle but adapted to check procedures across the CDE. Focused testing procedures. Specific Visitor Rules None v4.0

PCI DSS 147

PCI DSS Procedures Assessments Checks 147

Clearly Payments

NOVEMBER 13, 2024

Building a Strong Business Case : Acquiring banks will assess the payment processor’s business plan, compliance procedures, and financial stability. Key areas of compliance include: Anti-Money Laundering (AML) and Know Your Customer (KYC) Policies : Processors must implement AML and KYC procedures to prevent fraud and money laundering.

Process 104

Process Processors Payments Compliance 104

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

Fi911

DECEMBER 3, 2024

The analysing algorithm considers a multitude of data elements to detect any anomalistic behavior, including: email addresses names device details IP addresses card numbers Either credit card information or IP addresses can initiate these velocity limits, thereby alerting to any suspicious transaction volumes or repeated submissions.

Checks 52

Checks Fraud Prevention Account Takeovers Fraud Detection 52

VISTA InfoSec

MARCH 6, 2024

Testing Procedures Broad testing, looking at system settings, monitored files, etc. Testing procedures align with updated access language. Testing Procedures Review policies and procedures, observe processes, interview personnel. Similar emphasis on policies and procedures. Maintains the core concept. No changes.

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

The Payments Association

DECEMBER 2, 2024

From safeguarding consumers against fraud to accelerating innovation in digital payments, regulators across the globe have introduced sweeping reforms aimed at addressing the challenges and opportunities of an increasingly digital and interconnected economy. Additionally, the MiCA regulation could create new challenges. at the time. .’

Regulations 88

Regulations Instant Payments Consumer Protection Payments 88

VISTA InfoSec

JULY 17, 2024

Develop and implement policies and procedures Developing and implementing policies ensures everyone knows what to do to keep data safe, no matter the language they speak. Train employees regularly on these policies and procedures Make training available in all relevant languages. We’ve listed out the three main ones: 1.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

Fintech News

NOVEMBER 13, 2024

Mastercard announced plans to revamp online checkout procedures by 2030, aiming to eliminate manual card entry and passwords. This approach also seeks to address issues like cumbersome checkout processes, which currently lead to a 25% cart abandonment rate.

Visa 145

Visa Authentication Issuers Encryption 145

VISTA InfoSec

OCTOBER 20, 2023

According to the Contingency Plan Policy in HIPAA section 164.308(a)(7)(i) , covered entities must “formulate and execute, as needed, guidelines and procedures to respond to emergencies or other incidents (like system failure, fire, vandalism, or natural disaster) that damage systems containing ePHI.”

Disaster Recovery 130

Disaster Recovery Regulatory Compliance Procedures Duplicate 130

VISTA InfoSec

JANUARY 9, 2024

Below, we present a meticulously curated list that highlights the transformations in requirements and test procedures from PCI DSS v3.2.1 This change accommodates a broader spectrum of technologies that meet the security objectives traditionally addressed by firewalls. Defined Approach Requirements and Testing Procedures 1.1.1

PCI DSS 113

PCI DSS Procedures Authorization Security 113

Neopay

DECEMBER 16, 2024

Robust processes: Established procedures for report production, involving relevant business areas and governance bodies. Measuring impact: Evaluating the effectiveness of implemented changes and ensuring they address identified issues. RCA effectiveness: Gaps in monitoring the impact of actions taken to address systemic issues.

Consumer 52

Consumer Compliance Audit Governance 52

The Payments Association

DECEMBER 9, 2024

Generative AI also addresses training challenges for AI models. Moreover, synthetic data can address issues of data bias, as generative AI can create more balanced datasets that reflect a broader range of scenarios. Likewise, AI-generated speech samples enhance voice recognition, distinguishing genuine users from impersonators.

Privacy 88

Privacy Payment Security AI Security 88

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. We strive for accuracy in representing the requirements and testing procedures.

PCI DSS 130

PCI DSS Phishing Best Practices Procedures 130

VISTA InfoSec

FEBRUARY 16, 2024

. - The requirement mandates that software development procedures must be documented and examined to ensure that all security considerations are integrated into every stage of the development process. addressed common coding vulnerabilities in software-development processes. - PCI DSS v3.2.1 PCI DSS v4.0 Requirement 6.5 is now 6.2.2.

PCI DSS 100

PCI DSS Procedures Best Practices Verification 100

NFCW

JULY 17, 2024

“The commitments address the Commission’s competition concerns relating to Apple’s refusal to grant rivals access to a standard technology used for contactless payments with iPhones in stores (‘Near-Field-Communication (NFC)’ or ‘tap and go’).” To shorten deadlines for resolving disputes.

Payment Service Provider (PSP) 117

Payment Service Provider (PSP) Use Case Legal Agreements 117

Fintech News

OCTOBER 15, 2024

Over the last three months, Sumsub’s technology has helped HashKey address onboarding delays by automating its verification procedures for its 600,000 registered users. The partnership aims to reduce onboarding times and enhance compliance with evolving cryptocurrency regulations.

Verification 111

Verification Fraud Detection Money Laundering Compliance 111

Synapse Payment Systems

NOVEMBER 9, 2022

Include the customer service phone number and email address on your website or in your business location. Ask for an email address when customers chat with customer service online, and make sure to send the customer a copy of the conversation, too. The sooner you address the issue, the better your chance will be of winning the dispute.

Disputes 130

Disputes Card Issuer Payments Returns 130

Stax

NOVEMBER 14, 2024

There are also risk holds—a routine procedure that most companies experience within the first few weeks of processing with a new merchant services account. Here are some ways to avoid chargebacks at your company, or at the very least, avoid excessive penalties from chargebacks: Follow proper credit card processing procedures.

Credit Cards 88

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

Stax

MARCH 18, 2025

To address evolving customer demands and accept electronic payments, you need a payment processing system. A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

The Payments Association

JANUARY 3, 2025

A roundtable discussion among merchants addressing the evolving challenges of fraud in their operations across various sectors. On 19 November 2024, merchants from across sectors gathered in London as part of The Payments Associations Financial Crime 360 (FC360) series to address the ever-evolving challenge of fraud in their operations.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Stax

FEBRUARY 19, 2025

Request documentation on their security policies, fraud prevention measures, and incident response procedures to minimize risks. The support team can address unique payment issues or concerns about security and compliance, thereby ensuring a smooth and positive user experience.

Payments 88

Payments PCI DSS Compliance Risk 88

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

Fintech Finance

JULY 10, 2024

LGPS addresses the challenges of traditional cross-border payments, such as high costs, slow processing times and complex procedures. This collaboration demonstrates Thunes’ commitment to support the growth of Chinese e-commerce and simplify cross-border payments internationally.

Cross-Border Payments 96

Cross-Border Payments Cross-Border Payments Service Provider 96

Fintech News

DECEMBER 10, 2024

Revoluts Joint Accounts aim to address these issues by providing users with an extra account within the Revolut app that can be jointly owned by two individuals. Users can set up the account in three steps, removing the need for traditional banking procedures.

Accounts 98

Accounts Multi-Currency APACS Procedures 98

VISTA InfoSec

JULY 5, 2023

Personal Data: Personal information such as addresses, phone numbers, e-mails, passport data, social status, and unique identification numbers are available in a secure healthcare database. Regularly test and assess network vulnerabilities to identify and address any weaknesses. PCI DSS does not mention meaningful usage.

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

The Finance Weekly

JULY 10, 2022

To begin, the data must undergo a cleansing procedure. To prepare for the direct mail campaign, the addresses must be cleaned up. There are a number of third-party resources that will do a "data append" in order to edit or update these addresses accordingly. #3 Because each data set differs, data records must be consistent.

Procedures 130

Procedures Database Addressing End User 130

PYMNTS

JANUARY 7, 2021

What COVID-19 did change, however, is the urgency with which the market was addressing this problem. On the other hand, we also have the nursing staff available in person, so we can do things like collect lab samples, administer vaccines and even perform some simple procedures.”. The New Medical Paradigm.

Cost Structure 116

Cost Structure Addressing Underserved Procedures 116

Fi911

OCTOBER 15, 2024

These alerts provide an opportunity for the merchant to proactively address the issue before it escalates into a formal chargeback. Addressing disputes early also helps enhance customer satisfaction and loyalty by demonstrating a commitment to resolving issues quickly and effectively.

Disputes 89

Disputes SWIFT Processors Addressing 89

PYMNTS

OCTOBER 7, 2020

The risk management systems include an expansive, complex network of procedures to track risky trades, problematic transactions and other things that could harm the bank. In a consent order which Citi's board agreed to, the bank was chastised for failing in various areas of risk management and internal controls.

Risk Management 92

Risk Management Risk Procedures Regulations 92

PYMNTS

FEBRUARY 1, 2021

If I were addressing doctors about this issue, I’d tell them they’re already late,” Rectangle Health CEO Dominick Colabella said in a conversation with PYMNTS’ Karen Webster. The prescription for the patient experience malaise? “If But it’s time to get on an active treatment plan. You Got This, Doc.

Procedures 107

Procedures Payments Credit Cards BNPL 107

PYMNTS

JANUARY 6, 2021

The average consumer probably doesn't know how much the insurance company is going to pick up for that procedure. They're all roughly the same from a payment procedural standpoint.”. As a result, they're getting large bills way after the fact that they're just not prepared to pay.”. A System Like No Other. LoPresti said U.S.

Payments 105

Payments Procedures Process Digital Payments 105

PYMNTS

DECEMBER 10, 2020

Bitcoin is one of the most famous names in the cryptocurrency space, accounting for $6 billion in daily transactions among 153 million registered user addresses. but some countries, like Seychelles and Singapore, lack KYC procedures on a large majority of their exchanges, making them hotbeds for money laundering and other cybercrimes.

AML 88

AML Cryptocurrency Money Laundering Compliance 88

Fintech News

FEBRUARY 14, 2024

The financing challenge is particularly pronounced for women-owned or led MSMEs (WMSMEs), hindered by barriers such as insufficient collateral and limited knowledge about loan application procedures.

Financial Inclusion 111

Financial Inclusion Non-Bank Underserved Finance 111

FloQast

SEPTEMBER 16, 2024

The result is a more cohesive workflow that addresses regional discrepancies and enhances overall operational transparency. Results Achieved: Improved compliance with real-time management of control procedures. Key Takeaways Why FloQast: Centralized accounting operations, enhancing visibility and communication.

Compliance 81

Compliance Procedures Reconciliation Professional Development 81

VISTA InfoSec

OCTOBER 21, 2024

Develop and implement policies and procedures Developing and implementing policies ensures everyone knows what to do to keep data safe, no matter the language they speak. Train employees regularly on these policies and procedures Make training available in all relevant languages. We’ve listed out the three main ones: 1.

Cybersecurity 147

Cybersecurity Compliance Encryption Best Practices 147

The Fintech Times

FEBRUARY 22, 2024

Addressing these issues is essential for the sustained expansion and modernisation of cross-border payment systems.” “AI will be able to increase security procedures through behaviour prediction, identifying abnormal activity that may be fraudulent and notifying businesses when necessary.

Cross-Border Payments 136

Cross-Border Payments Cross-Border AI Payment Security 136

VISTA InfoSec

FEBRUARY 13, 2024

Developers typically release updates to address any new threats they identify, which makes it crucial for organizations to apply these updates promptly. This plan outlines the procedures that organisations should follow in the event of a cyberattack and guarantees a coordinated and efficient response aimed at minimising damage.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130