Basis Theory

NOVEMBER 12, 2024

Historically, data security has been treated as featureless and burdensome—but a necessary expense incurred by organizations. Today, we can tokenize anything from credit card primary account numbers (PAN) to one-time debit card transactions or social security numbers.

Encryption 88

Encryption Payment APIs and Integration PCI DSS Returns 88

VISTA InfoSec

JULY 31, 2023

The PCI DSS Checklist is a crucial first step in securing your business. It’s a tool that helps businesses ensure they’re meeting all the requirements of the Payment Card Industry Data Security Standard (PCI DSS). Maintain Documentation : Maintain documentation for your configuration security hardening procedures.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

VISTA InfoSec

APRIL 28, 2024

It is of utmost importance for banks to ensure the safety and security of the cardholders’ data. The Payment Card Industry Data Security Standard (PCI DSS) compliance 4.0 Refrain from using vendor-supplied defaults for system passwords and other security parameters. Protecting stored cardholders’ data.

PCI DSS 130

PCI DSS Compliance Assessments Data Breach 130

VISTA InfoSec

JULY 17, 2024

Encrypting messages and choosing secure ways to talk online are keys to keeping secrets safe in any language. Backing up data often and showing your team how to do these things well is crucial in settings where many languages are spoken. Use encryption and strong passwords to protect messages.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

Stax

MARCH 4, 2024

Taking precautions to implement security measures like firewalls and cybersecurity training helps to protect cardholder data and other sensitive information from cybercriminals. It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

Stax

JULY 16, 2024

If merchants are exposed to security vulnerabilities when processing digital payments, the risk of cardholder data falling into the wrong hands increases exponentially. security requirements are. PCI DSS is a set of protocols to be followed by companies that store, process, and transmit cardholder data.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

VISTA InfoSec

OCTOBER 21, 2024

Encrypting messages and choosing secure ways to talk online are keys to keeping secrets safe in any language. Backing up data often and showing your team how to do these things well is crucial in settings where many languages are spoken. Use encryption and strong passwords to protect messages.

Cybersecurity 130

Cybersecurity Compliance Encryption Best Practices 130

Basis Theory

OCTOBER 1, 2024

On the other hand, organizations with Levels 2, 3, or 4 use Self-Assessment Questionnaires (SAQs) to audit their compliance program. and assessments, significantly eliminating prep efforts and reducing audit timelines (to as little as 21 days.) Return to Top Who needs to be PCI compliant?

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Stax

SEPTEMBER 17, 2024

Failing to comply with the Payment Card Industry Data Security Standard can have a number of severe consequences for a business. PCI DSS stands for “Payment Card Industry Data Security Standards.” Data should only be stored if absolutely necessary and only for as long as required by business, legal, or regulatory needs.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

PYMNTS

APRIL 24, 2017

Making that happen is, again, not one activity but a series of them, including advanced alerting technology for spotting threats and a security operations center dedicated to finding, tagging and triaging threats, 24 hours a day, seven days a week. “We McGurk noted that all of MoneyGram’s data is encrypted in transit and when it is stored.

Data Security 46

Data Security Security Phishing Due Diligence 46

Exact Payments

JANUARY 4, 2024

The Payment Card Industry Data Security Standard (PCI DSS) plays a crucial role in protecting cardholder data for businesses that accept credit card payments. This set of security guidelines is mandated by major credit card associations such as Visa, Mastercard, American Express, and Discover.

PCI DSS 52

PCI DSS Compliance Audit Encryption 52

EBizCharge

JULY 16, 2024

Ensuring compliance with NACHA requirements is crucial for financial institutions, as it guarantees the secure, efficient, and reliable handling of electronic payments. Data security NACHA imposes stringent requirements to protect sensitive financial data. What is NACHA?

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Subscribe to regulatory updates or newsletters from relevant federal authorities, such as the PCI Security Standards Council (​​more on this later)​​. Security audits.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Clearly Payments

NOVEMBER 13, 2024

Compliance with Network Standards : Visa and Mastercard, for example, require strict adherence to Payment Card Industry Data Security Standards (PCI DSS). New processors must be prepared to demonstrate compliance and may need to undergo regular audits to meet these standards.

Process 78

Process Processors Payments Compliance 78

PYMNTS

OCTOBER 6, 2020

Firms looking to verify that their operations follow PCI requirements must pay not only to have their businesses audited but also to bring them up to speed if they do not. Small businesses often lack the resources for either compliance audits or building and maintaining their own in-house compliance teams, according to Carlson.

Compliance 71

Compliance Audit Push-to-Card Encryption 71

EBizCharge

AUGUST 8, 2024

Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data. Encryption, fraud detection systems, and regular security audits protect business financial information and customer payment data.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

Stax

JULY 9, 2024

EFT payments offer a high level of security compared to traditional payment methods. Advanced encryption techniques are used to protect sensitive data during transmission, ensuring that personal and financial information remains confidential. Relatively inexpensive. Q: How are EFT payments regulated?

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

Nanonets

SEPTEMBER 23, 2024

They also lack robust security features, potentially exposing sensitive financial data. Version control can be challenging, particularly in collaborative environments, and spreadsheets offer limited audit trails for tracking changes. Choose a reputed software solution with robust encryption and compliance certifications.

Payment APIs and Integration 52

Payment APIs and Integration AI Audit Non-Bank 52

VISTA InfoSec

SEPTEMBER 14, 2023

Conducting a Privacy Audit to Assess Data Processing When it comes to GDPR compliance, performing a privacy audit is a crucial first step (Article 47 and 58 of GDPR). To further identify the types of personal data your business collects, stores, and processes, it is important to conduct a thorough audit.

Compliance 130

Compliance Privacy Processors Legal 130

EBizCharge

MAY 24, 2024

For optimized embedded payments in Sage, it’s essential to select a suitable payment processing solution, apply reliable data security measures and compliance protocols, and train its employees on payment processing workflows. Security features should also be a priority.

Embedded Payments 52

Embedded Payments Process PCI DSS Payments 52

Stax

AUGUST 22, 2024

They also need to have strong data security protocols in place. Additionally, you need to conduct regular compliance training for your staff and internal audits. You need firewalls, encryptions, intrusion detection, and other security measures in your technology stack.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

PYMNTS

JANUARY 9, 2019

Neiman Marcus also has to obtain an information security assessment and report from a third party, as well as detail all corrective actions it has taken or plans to take because of the security audit.

Breach 63

Breach Data Breach Settlement Payments 63

Stax

MARCH 26, 2024

Secure Transactions: Online terminals incorporate security protocols like SSL encryption, tokenization, and Payment Card Industry Data Security Standards (PCI DSS) compliance. This security infrastructure protects sensitive payment information during transactions, building customer trust.

PCI DSS 88

PCI DSS Encryption Payment Gateways Disputes 88

Clearly Payments

JANUARY 8, 2024

A crucial aspect of risk management involves adhering to the Payment Card Industry Data Security Standard (PCI DSS) , which sets stringent guidelines for securing payment transactions and protecting cardholder information.

Risk Management 67

Risk Management Risk PCI DSS Process 67

EBizCharge

SEPTEMBER 6, 2024

Compliance & audit trail: Integrated accounting systems often provide features that ensure compliance with various accounting standards and create an audit trail that helps track each financial transaction end-to-end. By automating tax calculations, businesses reduce the risk of errors that can lead to costly penalties and audits.

Accounts 52

Accounts CRM Automation Audit 52

FloQast

JANUARY 22, 2024

For example, grocery technology company Instacart moved from using Google Sheet checklists for month-end Close to an automated system that provided a complete audit trail of changes. The traditional method also has a lot of paper documentation to use as an audit trail. And the audit trail is also attached and quickly recovered.

Automation 52

Automation Reconciliation Audit Accounts 52

Stax

OCTOBER 3, 2024

Security and Compliance Considerations Data security, privacy, and compliance are all extremely serious and must be factored into any activity involving customer data. Access controls: Implementing strict access controls ensures that only authorized personnel can view or modify customer data.

CRM 88

CRM Small Business Automation Compliance 88

Fintech Review

NOVEMBER 19, 2023

Transprency : A public ledger lists every transaction for anyone to audit. Data security : Data is cryptographically safe, making it very challenging to change or forge. Immutability: Once added to the blockchain, data remains unmodifiable, thus preserving its integrity.

Blockchain 52

Blockchain Technology Microtransactions Duplicate 52

Payment Savvy

MAY 10, 2024

Plaid remains committed to fostering trust and reliability among users while continuously innovating to bolster security measures. The platform prioritizes security and privacy through: Data Protection Plaid employs robust encryption, including AES and TLS, for data both in transit and at rest.

Payment APIs and Integration 52

Payment APIs and Integration Venmo Privacy Credential 52

CB Insights

MARCH 27, 2019

These high-profile data breaches (among many others over the last few years) have put the general public on high alert, with talk of data protection becoming an increasing priority. Read our future of data security report for more on this topic. ). The Controversies.

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

VISTA InfoSec

FEBRUARY 16, 2024

. - The software should be developed based on industry standards and/or best practices for secure development. - The development should be in accordance with PCI DSS (Payment Card Industry Data Security Standard). This includes aspects like secure authentication and logging. Check memory boundaries when handling data.

PCI DSS 100

PCI DSS Procedures Best Practices Verification 100

EBizCharge

APRIL 25, 2024

Merchant accounts provide a secure channel for handling sensitive financial information, such as cardholder data, in compliance with industry standards like the Payment Card Industry Data Security Standard (PCI DSS). Contactless payments are also highly secure.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

Nanonets

JUNE 27, 2023

Enhanced document security Physical documents are vulnerable to loss, theft, or damage from natural disasters, accidents, or unauthorized access. Document digitization provides enhanced security measures, such as encryption, access controls, and backup options, ensuring the confidentiality and integrity of sensitive information.

Product 52

Product Disaster Recovery Automation Compliance 52

Segpay

DECEMBER 7, 2023

Appointing compliance officers Allowing external audits Providing access to data to researchers Enabling users to flag illegal or harmful content. Data Security and Protection Ensuring robust data security measures is imperative for complying with the DSA.

Compliance 52

Compliance Privacy Regulatory Compliance Data Security 52

Stax

MARCH 6, 2024

Legal and payment compliance Adhering to compliance standards, including those set by the Payment Card Industry Data Security Standard (PCI DSS), is essential. These standards ensure that customer payment information is handled securely and that transactions meet legal requirements.

Best Practices 88

Best Practices PCI DSS Payment Gateways Gateways 88

Nanonets

APRIL 29, 2024

Security and Complianc e: Credit card reconciliation software prioritises data security and compliance with industry regulations, such as PCI DSS (Payment Card Industry Data Security Standard). It employs encryption, access controls, and audit trails to protect sensitive financial information.

Reconciliation 52

Reconciliation Credit Cards Correspondent PCI DSS 52

Nanonets

NOVEMBER 15, 2023

Automate reporting and audit trails With paper-based systems, these tasks often require more time and effort. You'd have to sift through stacks of invoices, receipts, and other documents, manually entering and cross-referencing data to generate reports. This way, you can focus more on strategy and less on manual data entry.

Accounts 52

Accounts Payment APIs and Integration Audit Automation 52