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A GDPR-compliant password policy should enforce unique passwords for each account to mitigate the risk of credential stuffing attacks. PCI PIN and PCIDSS: Standards for securing payment card data. CCPA compliance: California Consumer Privacy Act, focusing on consumer rights and data protection.
An automated dunning process can help mitigate payment failures by notifying customers of issues and prompting them to take action, thereby minimizing revenue loss and maintaining customer relationships. These standards ensure that customer payment information is handled securely and that transactions meet legal requirements.
Key regulatory concerns include: Data Privacy Laws: AI companies handle vast amounts of sensitive data, raising questions about compliance with global standards like the EUs GDPR, Californias CCPA, the US Healthcare Privacy Law HIPAA or Brasils LGPD. PSPs risk association with data breaches or non-compliance issues.
Effective chargeback management mitigates these risks while protecting your bottom line and customer relationships. Key Regulatory Guidelines PCIDSS : Ensure secure handling of cardholder data with PCIDSS. GDPR/CCPA : Protect customer data and comply with regional privacy laws.
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