The Payments Association

MARCH 19, 2025

Technological advancements, including NFC, QR codes, and biometric authentication, have made digital wallets more user-friendly and secure. Digital wallet providers must: Implement robust encryption and tokenisation to protect card details and transaction data. Regulatory challenges Regulators are in a race against time.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Segpay

DECEMBER 13, 2024

The rise of data privacy concerns has led to a surge in global regulations, such as the EU General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), which are drafted to protect peoples individual data protection rights. Non-compliance can lead to severe penalties, up to 4% of a company’s global revenue.

Privacy 105

Privacy Compliance CCPA Authentication 105

Clearly Payments

NOVEMBER 13, 2024

Although BINs play a critical role in how payments are processed and authenticated, they often go unnoticed by the average consumer or merchant. Card Verification and Authentication : BINs support the verification process by providing immediate access to the issuing institution’s information.

Process 104

Process Processors Payments Compliance 104

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web. Each $1 of fraud costs retailers $3.13. .

Transactions 93

Transactions Security Encryption CCPA 93

Segpay

NOVEMBER 26, 2024

By using technologies such as document verification, biometric authentication, and liveness detection, businesses can verify new customers’ identities in real time, often within minutes. These platforms often rely on a combination of multi-factor authentication (MFA), which may include passwords, biometric verification (e.g.,

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

Payment Savvy

MAY 10, 2024

Plaid bank verification is the process employed by financial apps like Venmo to authenticate bank account ownership and verify funds status. 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. Is Plaid legit and safe?

Payment APIs and Integration 52

Payment APIs and Integration Venmo Privacy Credential 52

FloQast

JANUARY 22, 2024

Security: To guarantee security, your automation tool should have features such as two-factor authentication, data encryption, and regular backups. Quality reports : The tool you choose should help you get a high-level view of all entities on a single page or drill down for granular performance data and deeper analysis.

Automation 52

Automation Reconciliation Audit Accounts 52