VISTA InfoSec

JUNE 26, 2024

For instance, you can look at the company’s history of data breaches and their responses, the robustness of the cybersecurity infrastructure, and the presence of comprehensive security policies and procedures. Learn more here about top investments and explore their cybersecurity measures.

Cybersecurity 260

Cybersecurity Due Diligence Security Breach 260

VISTA InfoSec

MARCH 6, 2024

Testing Procedures Broad testing, looking at system settings, monitored files, etc. Testing aligns with the slightly narrowed focus (read access) but retains the emphasis on practical verification. Testing procedures align with updated access language. Similar emphasis on policies and procedures. No changes. No changes.

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

VISTA InfoSec

MARCH 5, 2024

specifically to visitor access procedures. Broadened to observe and interview for CDE-wide visitor management procedures. Same principle but adapted to check procedures across the CDE. Testing Procedures Suggests verifying protection procedures include media and reviewing backup location security. Increased scope.

PCI DSS 147

PCI DSS Procedures Assessments Checks 147

Nanonets

APRIL 19, 2024

Petty Cash Reconciliation: What is It, Best Practices, and Automation Petty cash, also referred to as a small cash fund, is a fixed amount of money reserved for minor expenses in a business. However, without proper oversight and reconciliation procedures, petty cash can be susceptible to misuse, errors, or theft.

Best Practices 52

Best Practices Reconciliation Automation Procedures 52

FloQast

APRIL 7, 2024

In this article, we will look at best practices for enhancing your close and how automated software tools can help you reduce completion times. Accordingly, companies should implement a system to isolate and track each component of their close process as best practice.

Best Practices 52

Best Practices Reconciliation Close Processes Automation 52

EBizCharge

OCTOBER 25, 2023

By implementing the most reliable security software and best practices, organizations and individuals can mitigate the risk of data breaches and safeguard their valuable information from malicious actors. Using this knowledge to create and update your procedures to address new threats is essential.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

VISTA InfoSec

JANUARY 23, 2024

and Bluetooth - Cellular technologies, like Global System for Mobile communications (GSM), Code division multiple access (CDMA) General Packet Radio Service (GPRS) - Satellite communications Testing Procedures: 4.1.a Refer to vendor recommendations/best practices.) Testing Procedures: 4.1.2.a Testing Procedures: 4.2.1.a

PCI DSS 130

PCI DSS Encryption Procedures Best Practices 130

VISTA InfoSec

OCTOBER 21, 2024

The SOC 2 (Service Organization Control 2) audit and attestation process is something that has been devised by the American Institute of Certified Public Accountants (AICPA) in order to ensure that organizations which provide services have secure procedures to govern data so as not to compromise the welfare of their clients.

Audit 147

Audit Compliance Procedures Best Practices 147

VISTA InfoSec

JANUARY 29, 2024

a Review documented policies and procedures to confirm that a process is established for regular evaluations of any system components that are not susceptible to malware, encompassing all elements specified in this requirement. This stipulation is considered a best practice until March 31, 2025. New Requirement in PCI DSS v4.0:

PCI DSS 130

PCI DSS Phishing Best Practices Procedures 130

Third Party Payment Processors Association

NOVEMBER 10, 2020

Practice Noun the actual application or use of an idea, belief, or method, as opposed to theories relating to it. “the principles and practice of teaching” the customary, habitual, or expected procedure or way of doing of something. The post Best Practices: What is a practice?

Best Practices 40

Best Practices Compliance Procedures Processors 40

VISTA InfoSec

FEBRUARY 28, 2024

Changes Core Focus Limiting database access to programmatic methods (apps, stored procedures) and database administrators. It must include both numbers and letters. (This requirement is a best practice until 31 March 2025.) Look at your system settings to make sure these password rules are enforced. Requirement v3.2.1 (8.7)

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

VISTA InfoSec

AUGUST 5, 2024

The SOC 2 (Service Organization Control 2) audit and attestation process is something that has been devised by the American Institute of Certified Public Accountants (AICPA) in order to ensure that organizations which provide services have secure procedures to govern data so as not to compromise the welfare of their clients.

Audit 130

Audit Compliance Procedures Best Practices 130

VISTA InfoSec

FEBRUARY 16, 2024

a: Verify that software-development processes align with industry standards/best practices. - The software should be developed based on industry standards and/or best practices for secure development. - This ensures a clear documentation trail of security practices. . - PCI DSS v3.2.1 PCI DSS v4.0 Requirement 6.3

PCI DSS 100

PCI DSS Procedures Best Practices Verification 100

The Payments Association

FEBRUARY 10, 2025

Strengthening KYC procedures is critical, ensuring that verification extends beyond master account holders to individual vIBAN end users. Heres how PSPs can strengthen their approach: 1) Robust KYC processes PSPs should extend their KYC procedures beyond master account holders to include vIBAN end users.

IBAN 88

IBAN AML Master Account Due Diligence 88

VISTA InfoSec

FEBRUARY 21, 2024

The procedures and methods for limiting access to system components and cardholder data, based on a business’s need-to-know basis, are clearly outlined and comprehended. The allocation and definition of access to system components and data are carried out appropriately. a: This one’s all about verification.

PCI DSS 130

PCI DSS Database Best Practices Procedures 130

EBizCharge

MARCH 18, 2025

4 best practices for secure Sage 100 credit card processing Since processing credit cards securely is crucial for any business using Sage 100, implementing best practices can help protect customer data, maintain compliance with regulations, ensure smooth transactions, and build customer trust.

Credit Cards 52

Credit Cards Process Security Data Breach 52

VISTA InfoSec

OCTOBER 21, 2024

Best practices in multilingual cybersecurity compliance To keep your data secure in multilingual environments, it’s smart to follow some key steps. 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.

Cybersecurity 147

Cybersecurity Compliance Encryption Best Practices 147

The Finance Weekly

MARCH 1, 2022

The lack of formal FP&A structure, processes, and procedures characterizes the lagging stage, which is common among newly founded startups. IT solutions, including a basic BI tool, can be developed, but all procedures rely on the advanced usage of spreadsheets. Progressive.

Finance 130

Finance Procedures Best Practices Process 130

The Finance Weekly

MAY 20, 2024

Nevertheless, banks still manage most business accounts, and the same reconciliation procedures can be applied to these other cash positions. The latter provides a comprehensive account of each discrepancy, breaking down differences by date, amount, and payer.

Reconciliation 130

Reconciliation Adjustments Best Practices Wire Transfer 130

Fintech Finance

JUNE 13, 2024

This certification ensures that the best practices available in the market for protecting data privacy are being strictly followed. This certification is an extension of ISO/IEC 27001, which deals with information security and was previously obtained by EBANX in 2019.

ISOs 81

ISOs Privacy Best Practices Compliance 81

Fintech Review

JUNE 18, 2024

Best Practices for Hedge Fund Operations Implement strong governance and oversight. Standardize portfolio management procedures and segregate duties to minimize operational risk. Fund managers rely on the operations team to provide actionable data and monitor positions to effectively gauge fund performance.

Reconciliation 98

Reconciliation Compliance Regulatory Compliance Best Practices 98

Fintech Finance

OCTOBER 7, 2024

.” This lack of clarity raises the likelihood of inconsistencies across jurisdictions and organisations, creating critical gaps in risk management practices. have established in-depth risk management procedures, such as third-party escrow agreements. While 70.1%

Risk 101

Risk Regulatory Compliance Risk Management Mitigation 101

Nanonets

OCTOBER 1, 2024

Company Policies: Guide internal procedures for invoice processing Now, let’s put them all together to understand the validation process: 1. Receiving Report: Verifies that goods or services were delivered as expected 4. Vendor Contracts: Provide agreed-upon terms and pricing 5.

Best Practices 40

Best Practices Automation Multi-Currency Process 40

VISTA InfoSec

FEBRUARY 13, 2024

This proactive stance enhances Singapore’s resilience against cyber threats and also serves as a model for global best practices in cybersecurity. Develop and Practice Incident Response Plans An effective incident response plan is a critical component of any organisation’s cybersecurity strategy.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

The Payments Association

DECEMBER 9, 2024

This could involve regular audits of AI systems, rigorous testing procedures, and ongoing monitoring of their performance to identify and address discriminatory patterns. Mitigating the risks: Best practices for firms One of the most important steps to mitigating the risks is ensuring AI transparency and explainability.

Privacy 88

Privacy Payment Security AI Security 88

Stax

DECEMBER 4, 2023

TL;DR An anti-money laundering (AML) program is a set of laws and procedures that seek to uncover attempts to disguise illicit money as legitimate. An anti-money laundering (AML) program is a set of laws and procedures that seek to uncover attempts to disguise illicit money as legitimate. But training can’t be a one-off practice.

Money Laundering 88

Money Laundering Compliance AML Due Diligence 88

VISTA InfoSec

AUGUST 22, 2023

Educate and Train: Provide ongoing education and training to staff members on GDPR requirements, best practices for handling biometric data, and raising awareness about privacy. Establish internal controls, procedures, and mechanisms of accountability to identify and address any compliance gaps.

Privacy 130

Privacy Legal Compliance Best Practices 130

The Finance Weekly

FEBRUARY 22, 2023

While some small companies may seem profitable on paper, they may lack cash reserves due to inadequate accounting practices. Fortunately, there are established best practices and tools that even the smallest company can utilize to manage their finances effectively from day one.

Finance 130

Finance Best Practices Accounts Advisors 130

The Payments Association

DECEMBER 16, 2024

Best Practices for Managing FX Risks Diversification Strategies Diversifying your currency portfolio is an effective risk mitigation approach. Regularly reviewing payment systems, accounting procedures, and compliance policies can improve speed, cost-efficiency, and accuracy.

International Payments 88

International Payments Risk Payments Strategy Multi-Currency 88

PYMNTS

JANUARY 26, 2021

Clearly, things have changed a lot in terms of workplace rules and best practices since the early lockdown days last March, and the task of keeping up with it all — especially for large companies with multiple dispersed locations to manage — can be quite formidable. They're looking to figure out when, and how they can safely do so.”.

Posting 116

Posting Automation Best Practices Compliance 116

FICO

APRIL 24, 2020

Last Tuesday, FICO’s Matt Stanley and Tom Dehler presented an overview of best practices for the use of analytics in banking to help organizations respond to the challenge of the Covid-19 crisis. This session was the first breakout session in our month-long virtual event entitled Building Resiliency—Adapting to the Challenges of Today.

Best Practices 52

Best Practices Consumer Credit Union Community Banks 52

Stax

FEBRUARY 19, 2025

Request documentation on their security policies, fraud prevention measures, and incident response procedures to minimize risks. How to Transition Smoothly to Outsourced Support If you decide to outsource your payments support, consider these best practices for a seamless transition: 1.

Payments 88

Payments PCI DSS Compliance Risk 88

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.

Addressing 69

Addressing Online and Mobile Banking Security Best Practices 69

PYMNTS

NOVEMBER 16, 2020

KeyBank’s strategy for fighting APP fraud is twofold, consisting of customer education and back-end authentication procedures. First-time users are often unused to security best practices surrounding such apps and are thus more vulnerable to fraud. “It How The Pandemic Makes APP Fraud More Pernicious.

Authentication 72

Authentication Best Practices Multifactor Authentication Fraud Prevention 72

Clearly Payments

JANUARY 4, 2024

This guide aims to provide merchants with an overview of cryptocurrency payments, highlighting the advantages, challenges, and best practices for integrating crypto payment methods into their business operations. This section covers some of the best practices for merchants in the realm of cryptocurrency.

Cryptocurrency 105

Cryptocurrency Stablecoins Cross-Border Payments Digital Currency 105

Segpay

DECEMBER 13, 2024

Organizations must establish procedures for secure and compliant data deletion without compromising system integrity. Organizations can ensure data privacy by implementing robust data privacy policies, conducting regular audits, and training employees on best practices for protecting data.

Privacy 105

Privacy Compliance CCPA Authentication 105

Stax

JANUARY 8, 2024

To establish an effective risk management program as a PayFac, you must establish a dedicated risk management team, utilize the right tools and technology, develop proper risk management policies and procedures, conduct regular risk audits, and stay up-to-date with the latest industry regulations.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88