Nomentia

OCTOBER 3, 2024

Best practices to improve payment process security and prevent payment fraud Payment fraud, data breaches, hefty fines! As AFP’s 2024 report illustrates , no business is safe in the long run without robust payment process security. And when it comes to payment security, even a little is too much.

Best Practices 59

Best Practices Payment Security Data Breach Security 59

EBizCharge

MARCH 18, 2025

As data breaches evolve and advance, a robust payment processing system that protects sensitive financial information is essential. For companies using Sage 100, understanding how to process credit cards securely is not just an option it’s a necessity.

Credit Cards 52

Credit Cards Process Security Data Breach 52

The Payments Association

FEBRUARY 26, 2025

The balancing act: Security vs user experience under PSD2 While the second Payment Services Directive (PSD2) and Strong Customer Authentication (SCA) continue to shape the EU regulatory landscape, banks and issuers can access multi-factor authentication solutions, even frictionless options. Here’s an example.

Authentication 88

Authentication Risk Compliance Fraud Prevention 88

PYMNTS

OCTOBER 26, 2016

. “There’s no way the guest Wi-Fi at a retailer is going to let you into the point of sale; however, it would let you into the system, which then may be able to get to where the consumer data is,” Tinsley explained, “because they’ve thrown that consumer data on the other side of the firewall from the payment.”.

Payment Security 81

Payment Security Security Identity Theft Compromise 81

Payments Source

DECEMBER 9, 2018

But while large scale data breaches have been heavily blamed for this surge in crime, ex-fraudster Tony Sales says one of the most pertinent reasons is a persistent lack of understanding within the financial industry of how criminals operate. Credit card fraud is on the rise in the U.K.

Payment Security 67

Payment Security Data Breach Debit Card Security 67

EBizCharge

OCTOBER 25, 2023

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM Data Breach Report , the global average cost of data breaches was $4.45 What are data breaches?

Data Breach 52

Data Breach Best Practices Breach Phishing 52

Payments Source

JULY 6, 2016

The idea is that bad or malicious actors would have to breach multiple machines to transact on one user's behalf, Ripple said in a blog post. The feature allows users to request cryptographic signatures by more than one user – a device or institution – to validate a transaction.

Payment Security 60

Payment Security Breach Security Transactions 60

PYMNTS

SEPTEMBER 18, 2017

Kling noted that though in-store breaches may be somewhat fewer in number compared to those that occur online, they may get a bit more play in the press. As such, he stated, their opinion of brick-and-mortar transactions and attendant security remains skewed. As for blaming the retailer for any number of breaches? “We

Security 61

Security Payment Security Consumer Encryption 61

PYMNTS

MARCH 16, 2017

With a decent amount of this age group remembering a time without internet access, it’s likely this may have contributed to their cautious nature when it comes to online identity and payment security.

Payment Security 43

Payment Security Identity Theft Security Payments 43

Stax

DECEMBER 20, 2023

Secure transactions ensure you can maintain a trustworthy reputation with past and future customers, as well as reducing the financial losses that come from the fines and legal fees associated with compromising customer data. One of the most famous data breaches happened to Target in 2013.

Credit Cards 88

Credit Cards Small Business Process Security 88

National Merchants Association

AUGUST 17, 2023

Not all portals are the same, and fraud and data breaches can still occur. Sixty-five percent of consumers would end a relationship with a merchant after a single incident of payment fraud or data theft, so consider additional security solutions to safeguard your online business. This way, you can ensure online payment security.

Payment Security 52

Payment Security Security Debit Card Credential 52

PYMNTS

JULY 14, 2016

Payments security is usually not a wellspring for belly laughs. But Vantiv Integrated Payments, which offers payments technology to small and mid-sized businesses, has been moving forward with its campaign to stir business owners to action, with sobering stats and a little humor.

Payment Security 42

Payment Security Security EMV Payments 42

VISTA InfoSec

NOVEMBER 12, 2024

This puts them in a prime position to become targets for cybercriminals, making payment security compliance non-negotiable. Compliance with PCI DSS 4.0 , the latest standard, reinforces this by ensuring SaaS providers use up-to-date security measures to safeguard cardholder data across their platforms. and 10.2 ).

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

This puts them in a prime position to become targets for cybercriminals, making payment security compliance non-negotiable. Compliance with PCI DSS 4.0 , the latest standard, reinforces this by ensuring SaaS providers use up-to-date security measures to safeguard cardholder data across their platforms. and 10.2 ).

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

Stax

MARCH 18, 2025

Steps To Implementing Payment Tokenization In the SaaS Industry The global economy is shifting to digital currencies andtransactions. Because of this,the concern for payment security is at an all-time high. Payment tokenization helps safeguard cardholder data, so your users can collect and process payments securely.

PCI DSS 88

PCI DSS Encryption Data Breach Credit Cards 88

PYMNTS

OCTOBER 17, 2018

While there will always be data breaches, technologies provided by companies like TokenEx and Bluefin render data breaches useless. Our collective solution provides virtually unlimited flexibility to merchants and service providers alike, beyond what is available in the market today,” said Alex Pezold, founder of TokenEx. ”

Data Security 62

Data Security Security Data Breach Encryption 62

Segpay

FEBRUARY 21, 2024

These tokens are generated for each transaction, reducing the risk of data breaches. This provides digital payment methods with an additional level of security. Dynamic Security Measures: As a learning system, generative AI allows for implementing dynamic security measures in digital payments.

AI 105

AI Innovation Fraud Detection Encryption 105

PYMNTS

NOVEMBER 7, 2016

Last week, the Fed’s Secure Payments Task Force called for comment from industry stakeholders about what challenges they face when it comes to payments security. “The Secure Payments Task Force is particularly interested in understanding any barriers that may exist to implementing the planned solutions.”

Fed 77

Fed Secure Payments Task Force Security Federal Reserve 77

EBizCharge

JANUARY 21, 2025

Payment security Payment security is paramount when selecting a virtual terminal, so choosing a reliable provider that meets PCI compliance standards and delivers robust security protocols and features is a must.

Credit Cards 52

Credit Cards Encryption ACH Process 52

The Paypers

DECEMBER 23, 2016

(The Paypers) Poor customer online authentication or careless payments security made via online shopping websites have led to massive data breaches in 2016, cybersecurity experts say.

Data Breach 28

Data Breach Breach Security Cybersecurity 28

EBizCharge

JANUARY 14, 2025

Data encryption is crucial for a payment gateway since it converts sensitive information, like credit card details, into a secure format to prevent unauthorized access during online payments. Strong encryption builds trust with customers and reduces the risk of data breaches.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 52

Stax

FEBRUARY 19, 2025

Security & compliance Security is a top priority, especially when dealing with sensitive customer data. When selecting an ISV partner, businesses should verify: Data encryption standards to prevent breaches. Compliance with industry regulations , such as GDPR for data protection or PCI DSS for payment security.

ISVS 88

ISVS Payment APIs and Integration API Best Practices 88

PYMNTS

OCTOBER 25, 2016

Here’s a preview: Besides all being featured at the Money20/20 2016 Conference, McDowell noted that biometrics, EMV and mobile security each share another similar element: All three potentially stand to replace password/PIN credentials, which, he said, are often more susceptible to hackers and other bad actors.

EMV 80

EMV Online and Mobile Banking Credential Chip Cards 80

PYMNTS

AUGUST 21, 2019

A recent PayID data breach reported to Australia’s New Payments Platform (NPP) has prompted banks to issue warnings to customers, FinTech Extra reported on Wednesday (Aug. The hack originated from one of the NPP banks that were secured by payments provider Cuscal Limited.

Payment APIs and Integration 71

Payment APIs and Integration Real Time Payments Breach Data Breach 71

EBizCharge

MARCH 20, 2025

Improved payment security: A reliable payment gateway provider ensures compliance with security standards such as Payment Card Industry (PCI) Compliance , safeguarding sensitive financial data and reducing fraud and data breach risks. and recurring billing payment options have also gained popularity.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. The partnership aims to eliminate large-scale breaches, which are accelerating in intensity and frequency in 2020, especially amid the COVID-19 pandemic.

Transactions 93

Transactions Security Encryption CCPA 93

Stax

APRIL 3, 2025

From different types of online payment gateways and key features to look for, to tips to help you choose the right payment solution for your business and implement it. TL;DR An eCommerce payment solution allows online businesses to accept payments securely and efficiently.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

PYMNTS

SEPTEMBER 11, 2019

In the latest AML/KYC Tracker , the costs of lapses and breaches become apparent, even anecdotally, as measured in fines and exposed records. The regulatory landscape has become stricter – and more expensive – as enterprises and FIs grapple with fraudsters and seek to protect data and dollars.

AML 76

AML Security Database Breach 76

Clearly Payments

OCTOBER 22, 2024

Make sure your payment systems are updated regularly to protect against fraud and potential breaches. While this is their responsibility, merchants can foster an environment where security is a priority. Train Your Staff on Payment Security : Educating your employees on the importance of PIN security can help prevent fraud.

Debit Card 105

Debit Card Credit Cards Point-of-Sale (POS) Encryption 105

The Payments Association

FEBRUARY 13, 2025

The balancing act: Security vs user experience under PSD2 While the second Payment Services Directive (PSD2) and strong customer authentication (SCA) continue to shape the EU regulatory landscape, banks and issuers can access multi-factor authentication solutions, even frictionless options. Here’s an example.

Authentication 88

Authentication Risk Compliance Fraud Detection 88

The Paypers

MAY 17, 2017

(The Paypers) Sysnet Global Solutions has announced the partnership with Elavon to develop Secured Pro, a PCI compliance validation and cybersecurity service.

Security 28

Security Addressing Payment Security Breach 28

Stax

FEBRUARY 19, 2025

Customers dont expect anything less than instant support these days (especially for debit card and credit card payments) and your team may not have the time and resources to offer that level of service as quickly as they need it. Its much easier when a payments provider can be there for your customers whenever they need help.

Payments 88

Payments PCI DSS Compliance Risk 88

PYMNTS

NOVEMBER 6, 2018

The standards put forth by the PCI Security Standards Council – the PCI Data Security Standards – offer a framework for ensuring data security, and they must be followed in order to avoid fines and other penalties. Particularly important for businesses is the “scope” of these standards.

PCI DSS 71

PCI DSS Privacy Breach Irrevocability 71

PYMNTS

NOVEMBER 27, 2020

Businesses are also examining virtual card options that can allow employees to make company payments securely and conveniently during the pandemic. Paper checks are more difficult to use as many professionals work from home, prompting a need for new payment tools. Virtual Cards To Bring Greater Security To Transactions.

Debit Card 78

Debit Card Security Data Breach Payments Tools 78

EBizCharge

MARCH 18, 2024

The security rule mandates covered entities and business associates to implement administrative, physical, and technical safeguards to protect the confidentiality, integrity, and availability of e-PHI. Unauthorized access to this sensitive information can lead to privacy breaches, identity theft, and medical fraud.

Venmo 52

Venmo Zelle Identity Theft Privacy 52

EBizCharge

MARCH 7, 2025

Acumaticas electronic payment processing is a game-changer for businesses looking to enhance their sales and receivables processes. Integrating a payment gateway into Acumaticas system further streamlines online transactions, allowing businesses to accept payments securely and efficiently.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

PYMNTS

MARCH 6, 2017

In 2016, there were 1,093 data breaches according to the Identity Theft Resource Center – a 40% increase over the 2015 data breach number of 781. Malware was the culprit in the multi-million-dollar Home Depot, Target, Wendy’s and PF Chang’s breaches. Specifically the webinar will explore: The State of Payment Security.

Data Breach 47

Data Breach Third Party Vendors Encryption Identity Theft 47