The Payments Association

NOVEMBER 11, 2024

Security Concerns: Concerns about data security and privacy continue to weigh heavily on consumers and banks alike. Ensuring robust security protocols and maintaining consumer trust are paramount for the long-term success of open banking. However, challenges remain.

Payment APIs and Integration 88

Payment APIs and Integration API Privacy Regulations 88

PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. Security Boulevard research shows that as of Dec. In retailing it’s usually a good thing when you’re the first to do something.

CCPA 52

CCPA Laws Privacy Data Breach 52

PYMNTS

OCTOBER 24, 2018

Guardian Mobile Firewall, the new smart firewall app that is currently in a closed beta test, will be made available soon, filtering and blocking traffic that breaches the user’s privacy. Strafach noted that the app should be viewed like a junk email filter, but for web traffic.

Blocks 40

Blocks Privacy Encryption Breach 40

Finovate

SEPTEMBER 23, 2024

Plaid will help connect PNC customers to apps, while PNC’s API provider Akoya will ensure that PNC’s customer data is securely shared with third party apps powered by Plaid. Additionally, Plaid will offer the customer control​ of their own data, allowing them to determine which third party apps may have access to their data.

Credential 59

Credential API Blocks Agreements 59

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Implement geo-blocking measures, i.e., blocking or limiting payment transactions from regions or countries where surcharging is prohibited by local regulations. Security audits.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

PYMNTS

SEPTEMBER 28, 2020

28) was whether or not Fortnite would be able to secure a temporary court order forcing Apple to let Fortnite back into the iOS App Store. Apple blocked the app in August because a new update allowed players to circumvent Apple’s proprietary in-app payment system — a move that app makers are barred from by their contracts with Apple.

Privacy 70

Privacy Security Blocks Breach 70

PYMNTS

MAY 29, 2017

The researchers said quantum computers pose a big risk to data security and could be used to hack blockchains, destroying everything from cryptocurrencies like Bitcoin to secure government communications. The technology creates special blocks which are signed by quantum keys rather than the traditional digital signatures.

Blockchain 45

Blockchain Blocks Research Privacy 45

PYMNTS

OCTOBER 29, 2018

Open banking regulations, like PSD2 and the European Union’s (EU’s) General Data Protection Regulation (GDPR), have caused a significant shift in several elements of the security and risk landscape. As a result, banks would do well to implement proactive account and transaction monitoring to guard against cyberattacks.

Security 76

Security Payment APIs and Integration API Authentication 76

The Fintech Times

AUGUST 8, 2024

The integration of unattended services within apartment blocks stands at the forefront of this, enabling residents to pay for goods and services at source. Finally, how can unattended payments in smart buildings protect our privacy and ensure our safety? Chief among these are data security. How do smart buildings work?

Security 59

Security Payment Solutions Credential Addressing 59

Stax

APRIL 30, 2024

In addition, they also ensure the privacy of business data and compliance with laws and regulations. Highest level of PCI security compliance that keeps payment data secure. The PCI DSS contains twelve stringent requirements that protect both the merchant and the customer from data breaches and identity theft.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

PYMNTS

JUNE 24, 2019

Neither issue, according to Target, was related to data security, and all consumer data remained safe secure and private. The move comes a year after privacy researcher Hang Do Thi Duc downloaded 207 million Venmo transactions to prove a similar point. pay for things they wanted to buy in the store.

Venmo 40

Venmo Bitcoin Privacy Request for Comment 40

PYMNTS

JANUARY 10, 2019

There’s a relatively new wrinkle, too, as Europe has mandated new data privacy processes in the wake of the General Data Protection Regulation (GDPR). Platform operators and merchants must conduct due diligence related to everything from intellectual property and tariffs to tax laws and FX rates.

Cross-Border 63

Cross-Border Account Takeovers Regulations Due Diligence 63

PYMNTS

NOVEMBER 6, 2017

FTC data spanning from 2014 to 2016 shows that in recent data, as many as 30 percent of complaints stemmed from unauthorized account openings that used a person’s identity, with another 26 percent of complaints centered on account takeovers. Biometrics May Not Be the Panacea. So, what does the future hold?

Security 43

Security Consumer Office of the Comptroller of the Currency Identity Theft 43

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

PYMNTS

JANUARY 6, 2020

Dutch officials grappled with the specific changes the regulation would bring to business and financial operations, including data security and protection, before agreeing to support the rule. The two countries appear to be approaching PSD2 from separate viewpoints and with different concerns, however.

Payment APIs and Integration 52

Payment APIs and Integration Regulations API Rules 52

CoinRemitter

JUNE 26, 2024

Blockchain Technology Blockchain technology is a decentralized digital ledger that records transactions across multiple computers securely and transparently. Each transaction is added as a “block” to a chain of previous transactions, creating a permanent record. The global blockchain technology market was worth around $17.57

Blockchain 40

Blockchain Central Bank Cryptocurrency Digital Currency 40

Nanonets

APRIL 12, 2024

  Challenges and Risks of Acounts Reconciliation Outsourcing  It is essential to recognize and address the potential challenges and risks associated with outsourcing reconciliation services: Data Security Concerns: One of the primary concerns when outsourcing accounts reconciliation services is the security of sensitive financial data.

Reconciliation 52

Reconciliation Accounts Automation Compliance 52

Nanonets

SEPTEMBER 25, 2024

How to set up an automated bank statement processing workflow Here’s a step-by-step guide to setting up a bank statement processing workflow using Nanonets, an AI-powered data extraction tool: Import all bank statements Import all bank statements on Nanonets Sign up on app.nanonets.com for free and select Pre-built bank statement extractor.

AI 52

AI Process Best Practices Reconciliation 52

Nanonets

JUNE 15, 2023

Set up any postprocessing blocks to process data extracted from documents. To perform advanced operations not currently supported by Action Blocks, you can switch to Python Postprocessing to do your required data processing via Python code by writing code in a python environment within the platform.

Automation 40

Automation Payment APIs and Integration Audit Process 40

Nanonets

AUGUST 1, 2023

These platforms allow for seamless integration with various systems and applications, ensuring that developers are never blocked in their efforts. Data Security and Compliance: Nanonets prioritizes data security and compliance, adhering to GDPR and SOC2 standards to ensure the protection and privacy of user data.

Automation 52

Automation Professional Development Process API 52

Nanonets

JANUARY 16, 2024

Cloud platforms generally offer superior accessibility, reliability, and data security, making them a more advantageous choice for workflow automation. Advanced Reporting and Analytics: Access to comprehensive data reports and process analytics is crucial. Robust Data Security: Data protection is paramount.

Automation 52

Automation Payment APIs and Integration Process CRM 52

The Fintech Times

DECEMBER 4, 2024

The growth in the forecast period can be attributed to AI and automation, open banking expansion, blockchain and cryptocurrency, globalisation of services, data security and privacy. It also estimates that the market will grow to $745.53 billion in 2028 at a compound annual growth rate (CAGR) of 17.9 Rapyd Financial Network Ltd.

Automation 69

Automation AI FinTech Online and Mobile Banking 69

Segpay

DECEMBER 19, 2024

Additionally, IDaaS providers often integrate risk-based authentication, which adapts security protocols based on the users behavior, device, and location. For example, if an employee suddenly logs in from a foreign country, the system triggers other authentication steps or blocks access altogether.

Verification 52

Verification Authentication MFA Compliance 52