VISTA InfoSec

FEBRUARY 25, 2024

Accidental data leaks by insiders mishandling information also trigger breaches frequently. User Account Details Usernames, passwords, security questions, login timestamps, failed login attempt logs, password reset tokens, multifactor authentication details, and session IDs.

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Data Breach Breach Multifactor Authentication Cybersecurity 272

M2P Fintech

JULY 11, 2023

AES and ECDH To address security challenges, advanced encryption and decryption mechanisms must be integrated into the Android applications. In this blog, our Code Specialist and Lead Software Development Engineer Janarthanan , will guide you through the intricate world of encryption and decryption logic using AES.

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Encryption Security Blocks Correspondent 52

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.

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PCI DSS Payment Security Security MFA 88

VISTA InfoSec

JANUARY 23, 2024

Welcome back to our ongoing series on the Payment Card Industry Data Security Standard (PCI DSS). In our previous posts, we’ve covered the various requirements of this critical security standard. Protection can be achieved by encrypting the data prior to transmission, the session during transmission, or both.

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PCI DSS Encryption Procedures Best Practices 130

VISTA InfoSec

OCTOBER 21, 2024

Some best practices to ensure robust cybersecurity include: Data Encryption: All sensitive data should be encrypted both in transit and at rest to prevent unauthorized access and ensure efficient data security measures.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

Stax

NOVEMBER 6, 2023

Loss, corruption, improper use, and unwanted access to a company’s data assets can lead to immense negative publicity, which in turn can cause irreparable reputation damage, fines, sanctions, and loss of profits. Moreover, companies need to follow data privacy and compliance requirements to stay in business.

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Encryption PCI DSS Data Security Origination 88

Stax

MARCH 15, 2024

Compliance with these standards ensures that merchants and payment processors implement robust security measures to safeguard financial data. These standards help prevent card-present fraud by authenticating transactions through dynamic data authentication and cryptographic processes. These include: Passwords.

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Process Security PCI DSS Encryption 88

Clearly Payments

OCTOBER 22, 2024

The purpose of a PIN is to authenticate the identity of the cardholder during a transaction. For merchants, this layer of security is critical. PIN Encryption : Once the customer enters the PIN, it is encrypted immediately to protect the information. What is a PIN?

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Debit Card Credit Cards Point-of-Sale (POS) Encryption 82

VISTA InfoSec

JANUARY 18, 2024

with a particular emphasis on the move towards ‘network security controls’. As a reminder, the Payment Card Industry Data Security Standard (PCI DSS) is a comprehensive set of security requirements that all organizations handling cardholder data must adhere to.

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PCI DSS Procedures Encryption Security 289

Exact Payments

FEBRUARY 5, 2024

However, with progress comes responsibility, particularly when it comes to safeguarding sensitive payment card data. Enter the Payment Card Industry Data Security Standard (PCI DSS): a comprehensive framework that sets forth stringent rules and regulations to ensure the secure handling, processing, and transmission of cardholder information.

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ISVS PCI DSS Encryption Authentication 52

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. security requirements are. This was a huge leap from 2018 when only 29% used cashless payments for the same.

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PCI DSS Compliance Credit Cards Encryption 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

VISTA InfoSec

APRIL 12, 2024

Businesses deploy proxy servers to monitor and regulate their employees’ internet usage, ensuring data security and blocking access to harmful sites. Moreover, proxies can encrypt your data, adding an extra layer of security that shields sensitive information from hackers and eavesdroppers.

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Cybersecurity Best Practices Encryption Privacy 130

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.

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Transactions Security Encryption CCPA 93

Tearsheet

JULY 1, 2024

Additionally, the conversation touches on important considerations such as data security, implementation challenges for businesses adopting new payment technologies, and potential future developments in the field. Two-factor authentication, encryption and fraud detection are minimum requirements. Continuous monitoring.

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BNPL Online and Mobile Banking Encryption Payments 105

Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

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PCI DSS Compliance Encryption Assessments 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.

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PCI DSS Security Encryption Compliance 130

The Fintech Times

APRIL 8, 2024

SUNRATE , a Singapore-based payment and treasury management platform, is bringing Apple Pay to its customers, offering a safer, more secure and private way to pay, and using the iPhone’s power to protect each transaction. Now, SUNRATE customers can use an iPhone or Apple Watch at payment terminals to make contactless payments.

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Credit Cards PCI DSS Commercial Card Treasury Management 58

Fintech Finance

APRIL 8, 2024

. “More and more businesses seek out for the same degree of convenience and security that they enjoy in their everyday personal transactions – therefore, even though we are known to be a global B2B payment platform, we’re thrilled to bring Apple Pay to our customers,” said Qincheng Wang, Head of Product, SUNRATE.

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Credit Cards PCI DSS Commercial Card Contactless Payments 52

PYMNTS

DECEMBER 4, 2017

Or, according to the latest data, many small businesses haven’t learned this lesson. In this week’s B2B Data Digest, PYMNTS dives into new research about small businesses’ data security and cybersecurity efforts. Clutch warned that fines for non-compliance with these rules can reach into the millions of dollars. —54

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Small Business Data Security PCI DSS Data Breach 54

PYMNTS

MARCH 8, 2017

7), Bluefin Payment Systems announced its new partnership with international online payments and fraud and data management solutions provider First Atlantic Commerce (FAC). PYMNTS: How will the partnership help to expand data security in the market? On Tuesday (Mar. What will it mean for the payments industry as a whole?

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Encryption Data Breach Payment APIs and Integration Point-of-Sale (POS) 40

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.

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Data Security Data Encryption Security Encryption 28

Finovate

FEBRUARY 8, 2024

Payments, identities, and data security company Entrust confirmed that it has entered “exclusive discussions” to acquire identity verification technology company Onfido. Trusted payments, identities, and data security company Entrust may be on the verge of acquiring identity verification (IDV) technology company Onfido.

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Acquirers Verification Deepfake AI 52

Clearly Payments

MARCH 22, 2024

The Technology Behind Mobile Payments Mobile payments rely on a sophisticated blend of technologies to facilitate seamless, secure, and convenient transactions. At the heart of mobile payment systems are Near Field Communication (NFC), Quick Response (QR) codes, and secure elements such as encryption and tokenization.

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Contactless Payments Online and Mobile Banking Mobile Payments Payments 98

Fintech Review

NOVEMBER 12, 2024

These barriers can include differences in organisational culture, regulatory compliance, and data security concerns. Achieving this can require extra resources, but it is essential for building a secure, compliant collaboration. Banks are traditionally risk-averse, focusing on stability, compliance, and long-term growth.

FinTech 105

FinTech Financial Inclusion Regulatory Compliance Compliance 105

PYMNTS

MARCH 24, 2016

SECURITY AND PRIVACY — CAN WE HAVE IT ALL? “Encryption is one of the best ways to protect data. The “everything else” is consumers transacting on the Web with ease and criminals not being able to easily have access to data that they could use for malicious purposes. Department of Justice has demonstrated.

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Encryption Compromise Privacy Credential 41

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. For payment processors and financial institutions, however, understanding BINs is essential for smooth transaction processing, security, and even risk management.

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Process Processors Payments Compliance 76

EBizCharge

JULY 24, 2024

These apps often require two-factor authentication (2FA) for added security, protecting users from sending money to the wrong person. The core of P2P systems lies in their ability to directly connect users’ bank accounts, digital wallets, or card details with the intended recipient’s account through a secure platform.

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P2P PCI DSS Encryption Fraud Prevention 52

EBizCharge

JULY 19, 2024

By understanding these pitfalls, businesses can take proactive steps to adopt more secure payment processing solutions. Here are five reasons why PDF forms fall short of the stringent requirements for secure credit card transactions. 1. Insecure storage Storing payment card data requires secure systems to prevent breaches.

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PCI DSS Compliance Credit Cards Third-Party Service Provider 52

Evolve Payment

OCTOBER 22, 2024

You might also receive a request for a selfie of your ID alongside your business documents to authenticate your identity further. Combined with Evolve Payment’s other authentication methods, it adds an effective extra layer of protection. Why Selfie Verification? Selfie verification is one such technique.

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Deepfake Verification Fraud Detection AI 52

M2P Fintech

JANUARY 3, 2024

Regulatory Compliance To stay compliant, banks need to adhere to central bank regulations on transaction security, data security, and privacy, among others. Core banking systems must have integrated compliance features that can adapt to evolving standards and regulations for robust security and fraud detection.

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Payment APIs and Integration CRM Online and Mobile Banking Regulatory Compliance 59

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.

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Processors Payment Gateways Fraud Detection Encryption 52

EBizCharge

MARCH 12, 2024

Therefore, merchants should offer popular payment options that provide consumers flexibility and robust security features to protect sensitive data. For this, look for payment providers that are compliant with relevant regulations and standards, like the Payment Card Industry Data Security Standard (PCI DSS).

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Credit Cards ACH PCI DSS Payment Gateways 52

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.

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PCI DSS Compliance Audit 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?

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

Stax

SEPTEMBER 17, 2024

Most payment gateways come with features like fraud detection and data encryption that are specifically geared towards keeping your customers’ payment information secure. The gateways authorize the customer’s payment and encrypt the cardholder information. How Does a Payment Gateway Work?

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Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Whether adhering to federal mandates, state laws, or international compliance, there’s a global framework that ensures secure financial transactions worldwide. Security audits.

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Credit Cards PCI DSS Compliance Process 88