Exact Payments

JULY 1, 2024

Cookies often contain session data that can authenticate a user to a website, and securing these is crucial to preventing identity theft. Web Application Firewall (WAF) Upon receipt, data passes through a Web Application Firewall (WAF) that scrutinizes the integrity of incoming data and shields our systems from potential threats.

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

Exact Payments

FEBRUARY 5, 2024

Join us as we delve into the world of PCI DSS compliance for ISVs and explore the challenges and opportunities that lie ahead in this exciting journey toward greater data security. Change #1: Sensitive Authentication Data (SAD) Retention In the realm of data security, staying ahead of potential threats and vulnerabilities is paramount.

ISVS 52

ISVS PCI DSS Encryption Authentication 52

The Fintech Times

APRIL 14, 2024

In addition, the retention portal offers secure access, multiple layers of data encryption, multi-factor authentication, and regular security audits to create a fully comprehensive and secure solution. The portal is also fully brandable, enabling lenders to customise the portal to match their styling and brand identity.

Data Encryption 63

Data Encryption Encryption Audit Product 63

VISTA InfoSec

JANUARY 22, 2024

It boils down to minimizing the risk of data breaches and maximizing the security of cardholder information. This is achieved through a multi-pronged approach: Data Encryption: Requirement 3 mandates the use of strong cryptographic controls such as encryption for stored cardholder data. PCI DSS v3.2.1 PCI DSS v4.0

PCI DSS 100

PCI DSS Encryption Procedures Authorization 100

M2P Fintech

JULY 11, 2023

Galois Counter Mode ( GCM) The Galois Counter Mode (GCM) is a powerful encryption mode that combines the Counter (CTR) mode with authentication mechanisms. GCM is primarily used for authenticated encryption, providing confidentiality and authenticity for the encrypted data.

Encryption 52

Encryption Security Blocks Correspondent 52

The Paypers

NOVEMBER 14, 2016

(The Paypers) WISeKey has teamed up with Wellness Telecom to integrate and install its authentication data encryption and IoT cryptographic chip into millions of Wellness Telecom’s IoT devices.

Data Encryption 46

Data Encryption Encryption CHIPS Security 46

Basis Theory

NOVEMBER 12, 2024

Abstract Only By most standards, storing sensitive data and returning an identifier isn’t enough to properly restrict access to the stored data. At the very least, tokenization platforms should use an authentication mechanism, like OAuth, to restrict who has access to this data. This can be inconvenient and unwieldy.

Encryption 88

Encryption Payment APIs and Integration PCI DSS Returns 88

Basis Theory

OCTOBER 1, 2024

While capturing this information can happen in transit (see: #4), most of all, data spends 99.9% PCI DSS outlines many requirements on how organizations must protect their data when not in use, but encryption is one of the most popular methods. Scaling encryption is extremely difficult and risky for developers.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Fintech News

APRIL 22, 2024

It analyses the authenticity of apps, and allows businesses to flag or block suspicious links or messages, preventing users from falling victim to these deceptive tactics. Finally, SecIron understands the importance of data privacy. This proactive approach ensures businesses stay ahead of constantly evolving cyber threats.

Phishing 111

Phishing Security Blocks Cybersecurity 111

PYMNTS

JUNE 5, 2019

CryptoKit is a new Swift framework that makes it easier and safer than ever to perform cryptographic operations, whether you simply need to compute a hash or are implementing a more advanced authentication protocol.”. Data encryption will be possible both at rest and in transit.

Encryption 55

Encryption SWIFT Data Encryption Blockchain 55

Stax

JULY 16, 2024

As more consumers gravitate online, they risk putting more sensitive authentication data and financial information on the internet. Unfortunately, personal data is most sought-after by criminals. Encryption is a method that renders information useless to criminals when being transmitted.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

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

EBizCharge

MARCH 12, 2024

Reliable payment processors or platforms that offer robust encryption and fraud detection systems can help with this. Merchants should also apply data encryption, tokenization, and multi-factor authentication (MFA) to ensure only authorized users can access payment portals.

Credit Cards 52

Credit Cards ACH Payment Gateways PCI DSS 52

FICO

NOVEMBER 1, 2016

The following are a few of the most widely discussed changes: Enhanced multi-factor authentication. Currently, multi-factor authentication is only required for a limited subset of external applications such as internet banking channels. Data encryption. Annual certification.

Cybersecurity 81

Cybersecurity Regulations PCI DSS Data Encryption 81

The Paypers

MARCH 24, 2016

(The Paypers) Entrust Datacard and Trend Micro have teamed up to provide data security to enterprises that need strong data encryption and authentication technology.

Data Security 28

Data Security Data Encryption Security Encryption 28

Segpay

JUNE 13, 2024

Invest in Network Infrastructure Here, you can adopt several strategies: Secure communication protocols Data encryption Regular penetration checking and a vulnerability assessment An incident response plan These strategies don’t come cheap but are necessary for financial services cybersecurity. Use two-factor authentication (2FA).

Best Practices 40

Best Practices Processors Transactions Security 40

Core

SEPTEMBER 15, 2023

Kiosk payments mitigate these risks by managing payments electronically with built-in encryption, secure data storage, and authentication measures. Robust security measures: Kiosk systems must use secure data encryption protocols to protect sensitive financial data during transactions with multiple security layers.

Government 52

Government Governance Transactions Security 52

EBizCharge

JUNE 4, 2024

Acumatica employs industry-standard security measures, such as data encryption and secure authentication, to protect user data. Acumatica employs industry-standard security measures, such as data encryption and secure authentication, to protect user data.

Credit Cards 52

Credit Cards Process Payment Gateways Best Practices 52

PYMNTS

MAY 21, 2018

TeenSafe assures parents that the app “employs industry-leading SSL and vormetric data encryption to secure your child’s data. Your child’s data is encrypted — and remains encrypted — until delivered to you, the parent.”.

Encryption 43

Encryption Data Encryption Duplicate Credential 43

The Fintech Times

MARCH 18, 2024

These regulations mandate comprehensive measures, including data encryption, secure storage, meticulous access control, and detailed reporting of security breaches or suspicious activities.

Fraud Prevention 58

Fraud Prevention AI Fraud Detection Payments 58

Payment Savvy

MAY 12, 2023

Payment automation can provide increased security measures, such as data encryption and user authentication, which can help prevent fraud and unauthorized access to financial data. Better data management. These measures may include: Encryption. Multi-factor authentication. Enhanced security.

Automation 52

Automation ACH Payments Duplicate 52

Stax

NOVEMBER 6, 2023

Moreover, companies need to follow data privacy and compliance requirements to stay in business. There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. Let’s get started. A token acts as a stand-in for a far more valuable object.

Encryption 88

Encryption PCI DSS Data Security Origination 88

Nanonets

OCTOBER 9, 2024

  💡 Bank statement verification is the process of confirming that the details in a bank statement—such as deposits, withdrawals, and balances—are accurate and authentic.  These systems check for the information's consistency, authenticity, and accuracy.

Verification 52

Verification AI Reconciliation Payment APIs and Integration 52

FICO

MARCH 8, 2017

Encryption can be effective …. … but it’s not a stake through the heart of hacking. Data encryption is a highly effective defense against hackers, particularly in achieving HIPAA compliance to protect Protected Health Information (PHI). Like encryption, however, biometrics are not a silver bullet to stop hackers.

Encryption 40

Encryption EMV Authentication Crime 40

FICO

MARCH 8, 2017

Encryption can be effective …. … but it’s not a stake through the heart of hacking. Data encryption is a highly effective defense against hackers, particularly in achieving HIPAA compliance to protect Protected Health Information (PHI). Like encryption, however, biometrics are not a silver bullet to stop hackers.

Encryption 40

Encryption EMV Authentication Crime 40

Nanonets

NOVEMBER 20, 2023

Key components of the invoice approval workflow include: Supplier and Quantity Verification: Confirmation of the authenticity of the supplier and the quantities of goods or services received, ensuring alignment with the information provided in the invoice.

Payment Reconciliation 52

Payment Reconciliation Automation Reconciliation Verification 52

Nanonets

APRIL 19, 2023

Look for software that offers robust security features such as data encryption, password protection, and multi-factor authentication. The software should also provide regular backups to prevent data loss. Look for security features Accounting software contains sensitive financial information that must be protected.

Accounts 52

Accounts Payment APIs and Integration Automation Process 52

FloQast

JANUARY 22, 2024

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. Security: To guarantee security, your automation tool should have features such as two-factor authentication, data encryption, and regular backups.

Automation 52

Automation Reconciliation Audit Accounts 52

EBizCharge

OCTOBER 25, 2023

Therefore, businesses must secure their networks and systems to prevent unauthorized access by deploying strong encryption, setting up firewalls, ensuring accurate user authentication processes, and more. Businesses must enforce safe and reliable policies to securely dispose of different data.

Best Practices 52

Best Practices Data Breach Breach Phishing 52

PYMNTS

APRIL 30, 2018

The General Data Protection Regulation (GDPR) goes into effect on May 25 of this year. Additionally, the strong customer authentication (SCA) mandated by the second Payment Services Directive (PSD2) goes into effect in September of 2019 — and yes, that too counts as “right around the corner.”.

Multifactor Authentication 55

Multifactor Authentication Disputes Regulations Authentication 55

Core

MARCH 19, 2024

With robust security measures, these platforms are well-equipped with automated features to flag unauthorized transactions or misappropriation of funds. Powerful Internal Fraud Prevention with CORE City and county governments must take strong precautions against payment fraud.

Fraud Detection 52

Fraud Detection Government Governance Compliance 52

The Finance Weekly

DECEMBER 30, 2021

Heightened Data Security A data security breach is one of the CFO’s biggest nightmares. To prevent harm to your network and mitigate risk, consider requiring multi factor authentication to access company data, encrypting email, securing email attachments, and implementing other best practices.

Technology 52

Technology MSPS Small Business Data Security 52

Fintech Labs Insights

MARCH 24, 2016

Entrust Datacard and Trend Micro team up to provide businesses with better data encryption and authentication technology. Let’s Talk Payments features Temenos , Strands , NYMBUS , and Infosys Finacle in a look at banking software companies. See NYMBUS at FinDEVr New York next week. American Banker features StreetShares.

Due Diligence 14

Due Diligence Multi-Currency Data Encryption Encryption 14

Nanonets

OCTOBER 1, 2023

When evaluating security measures, look for features such as data encryption, fraud detection and prevention, and customer authentication. In addition, find out what steps the PSP takes in the event of a data breach.

Payment Service Provider (PSP) 52

Payment Service Provider (PSP) Service Provider Payments Payment APIs and Integration 52

Nanonets

MAY 3, 2023

All financial data uploaded to Rebank, as well as all the documents generated by Rebank, are stored securely in your Rebank account online. Rebank uses multiple laters of data encryption and multi-factor authentication to protect its users’ financial data. Finalle Finalle is an analytics tool for investors.

AI 94

AI Finance Advisors Fed 94

EBizCharge

JUNE 3, 2024

Payment integrations should use secure Application Programming Interfaces (APIs) with robust authentication and authorization mechanisms, such as OAuth and API keys, to control access and verify the identity of users and systems. Additionally, implementing data encryption for information both in transit and at rest is vital.

Process 52

Process Payment APIs and Integration Payments Disputes 52

PYMNTS

JANUARY 27, 2017

It’s shocking that a company of Yahoo’s size and long history could fall prey to such attacks and that there were no countermeasures, such as data encryption, in place to prevent them.”. “This is yet another blow that comes at a crucial time for Yahoo, particularly in light of its pending sale to Verizon,” Chiu told PYMNTS.

Data Breach 71

Data Breach Breach Security Risk 71