The Payments Association

SEPTEMBER 27, 2024

In 2022, the company received a patent for another piece of AI, their Secure Lockbox , which features pioneering homomorphic data encryption. This patent enables Lucinity to encrypt all personally identifiable information (PII) while still using PII as an input into AI in its encrypted form.

Financial Crimes 88

Financial Crimes AI Security Crime 88

Segpay

FEBRUARY 21, 2024

Risk Monitoring The integration of generative AI in KYC also facilitates continuous monitoring of customer behavior, allowing PSPs to adapt to evolving risks dynamically. By continuously learning from evolving attack vectors, AI helps organizations stay one step ahead of cybercriminals.

AI 105

AI Innovation Fraud Detection Encryption 105

VISTA InfoSec

SEPTEMBER 25, 2024

As businesses continue to evolve in their customer service strategies, Contact Center as a Service (CCaaS) solutions have emerged as an effective tool for enhancing customer experience. Compliance: Ensure your CCaaS provider complies with industry regulations, such as GDPR or HIPAA, to protect customer data.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

VISTA InfoSec

OCTOBER 21, 2024

As businesses continue to evolve in their customer service strategies, Contact Center as a Service (CCaaS) solutions have emerged as an effective tool for enhancing customer experience. Compliance: Ensure your CCaaS provider complies with industry regulations, such as GDPR or HIPAA, to protect customer data.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

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

EBizCharge

MARCH 18, 2025

4 security challenges of credit card processing With the increasingly digital payment landscape, security threats continue to evolve to target sensitive information such as payments. Merchants must address any security challenges associated with credit card processing to protect customer data and prevent fraud.

Credit Cards 52

Credit Cards Process Security Data Breach 52

Fintech News

APRIL 22, 2024

RASP continuously monitors app behavior within devices, acting as an active shield. Finally, SecIron understands the importance of data privacy. To ensure user financial information remains protected at all times, data encryption scrambles sensitive data within mobile applications.

Phishing 117

Phishing Security Blocks Cybersecurity 117

The Finance Weekly

JUNE 5, 2024

4) User Experience Empower your entire workforce to access continually updated information in real time across devices. 7) Extensibility Consolidate data collection and analysis in one location for comprehensive insights. Facilitate data-sharing with stakeholders using APIs, ETL connectors, and built-in integrations.

AI 130

AI Audit API Use Case 130

The Fintech Times

OCTOBER 25, 2024

Following a successful pilot in 2023, Garanti BBVA Kripto is now rolling out the service to its entire customer base, leveraging technology collaborations to continue to deliver the highest standards of performance, security, and customer trust.

Data Encryption 59

Data Encryption On-Demand Encryption Compromise 59

VISTA InfoSec

SEPTEMBER 5, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. Backup data regularly Backing up data regularly is a critical practice for SMEs to safeguard against data loss, whether due to cyber attacks, hardware failures, or natural disasters.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. Backup data regularly Backing up data regularly is a critical practice for SMEs to safeguard against data loss, whether due to cyber attacks, hardware failures, or natural disasters.

Security 130

Security Phishing Ransomware Risk Assessment 130

The Finance Weekly

DECEMBER 30, 2021

The following are a few practical considerations as waves of new technology continue coming our way. Heightened Data Security A data security breach is one of the CFO’s biggest nightmares. Malware attacks, especially ransomware attacks, are on the rise.

Technology 130

Technology MSPS Small Business Data Security 130

Exact Payments

JULY 1, 2024

They are updated continuously to defend against threats like DDoS attacks, botnets, and other automated attacks. The layer of defense WAFs provide is crucial in maintaining the integrity and security of the data pipeline. This approach enhances security and complies with the best data encryption and key management practices.

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

Payment Savvy

DECEMBER 3, 2020

Some of the steps to take include: Continuously monitor your systems to see whether there are any problems. An effective cyber fraud strategy should prevent physical access to sensitive data and render that data useless in case it falls into the wrong hands by encrypting it.

Encryption 52

Encryption Data Encryption Identity Theft Cybersecurity 52

Basis Theory

OCTOBER 1, 2024

Failure to meet these standards could result in fines or bans as a merchant or service, rendering you unable to process payments or send payment data with the major networks. Nearly 20 years later, with more than 300 requirements and sub-requirements, PCI DSS continues evolving. of its life on your servers in an “at-rest” state.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

EBizCharge

AUGUST 8, 2024

Its commitment to innovation means continuous enhancements in payment functionalities that align with evolving business needs and customer expectations. Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

EBizCharge

AUGUST 20, 2024

EBizCharge is fully PCI compliant and will offer advanced data encryption and tokenization technology to ensure maximum transaction security within PDI Enterprise. The EBizCharge for PDI Enterprise integration will enhance payment workflows, reconciliation, and ease of use for customers.

Technology 52

Technology Payment Gateways CRM Gateways 52

The Fintech Times

MARCH 18, 2024

Key benefits of digital fraud prevention tools Real-time monitoring leveraging fraud detection algorithms The power of modern fraud detection tools lies in their ability to monitor transactions and user behaviour continuously, in real time. This commitment instils trust and fosters a deep sense of loyalty among customers.

Fraud Prevention 59

Fraud Prevention AI Fraud Detection Payments 59

M2P Fintech

JULY 11, 2023

In OFB mode, the initialization vector (IV) is encrypted initially, and the resulting encryption is then used to XOR with the plaintext to generate the corresponding ciphertext. This process is repeated for each subsequent block, where the previous encryption results are continuously encrypted and XORed with the next plaintext block.

Encryption 52

Encryption Security Blocks Correspondent 52

FloQast

MAY 13, 2024

Integrating these tools into your workflows can help you eliminate routine data entry and repetitive tasks, improve efficiency, and remain competitive. Continuous Learning with Digital Transformation As digital technologies evolve, continuous learning is essential for accounting teams.

Accounts 52

Accounts Technology Cybersecurity Audit 52

EBizCharge

OCTOBER 25, 2023

15 best practices to prevent data breaches Since data breaches can cause significant damage, businesses must be diligent and proactive to prevent, address, mitigate, and avoid these threats. Continuously create and update procedures Staying up to date on cyber security and ever-evolving threats is just one piece of the puzzle.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

Nanonets

MAY 3, 2023

All financial data uploaded to Rebank, as well as all the documents generated by Rebank, are stored securely in your Rebank account online. Rebank uses multiple laters of data encryption and multi-factor authentication to protect its users’ financial data. Finalle Finalle is an analytics tool for investors.

AI 94

AI Finance Advisors Fed 94

Fintech Review

MARCH 18, 2025

As banking services went digital, encryption became increasingly important for protecting information. In the late 20th century, banks began adopting cryptographic algorithms to shield data. The Data Encryption Standard (DES) emerged in the 1970s, followed by the RSA algorithm for secure communications.

Security 66

Security Encryption FinTech Breach 66

Core

MARCH 19, 2024

Lack of Continuous Transaction Monitoring Capabilities Real-time monitoring is a powerful tool for prompt detection of government payment fraud. However, local governments often lack continuous transaction monitoring capabilities. Leveraging Data Analytics and Anomaly Detection Unusual patterns are a significant fraud indicator.

Fraud Detection 52

Fraud Detection Governance Government Compliance 52

EBizCharge

JUNE 4, 2024

Because it’s cloud-based, Acumatica provides real-time access to business data from any location, facilitating remote work and business continuity. Acumatica employs industry-standard security measures, such as data encryption and secure authentication, to protect user data.

Credit Cards 52

Credit Cards Process Payment Gateways Best Practices 52

Stax

SEPTEMBER 17, 2024

Payment gateways are increasingly important as eCommerce and online transactions continue to rely on credit card payments and other mobile payment solutions to simplify payments. Benefits of using a payment gateway include a simplified purchasing experience for customers, increased operational efficiency, and PCI compliance.

Payment Gateways 88

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

Exact Payments

FEBRUARY 5, 2024

Recognizing the criticality of this issue, the PCI Council has taken a firm stance on data encryption in PCI DSS 4.0. Ongoing education, regular security assessments, and continuous improvement are essential components of a robust security posture.

ISVS 52

ISVS PCI DSS Encryption Authentication 52

PYMNTS

MAY 12, 2020

The surging use of Zoom and other video-call apps has expanded to every sociable area of life, even including dating , as people try to continue having normal interactions without being able to see one another face-to-face.

FTC 56

FTC Federal Trade Commission Encryption Privacy 56

Segpay

JUNE 13, 2024

This shows that as businesses and customers continue to rely on online payment systems the risk of falling prey to cyber security threats increases too. For its success, continual partnership and vigilance among all participants in the digital economy are necessary. Today, we are not safe from the scourge of cybercrime.

Best Practices 40

Best Practices Processors Transactions Security 40

PYMNTS

MARCH 24, 2016

As the FBI continued to conduct its own research and as a result of the worldwide publicity and attention on this case, others outside the U.S. government have continued to contact the U.S. This is an issue that impacts all of us, and we will not shrink from this responsibility,” he continued.

FBI 40

FBI Encryption Governance Government 40

Nanonets

SEPTEMBER 21, 2023

  Integration with existing systems  is crucial to maintain data consistency and streamline operations.   Continuous improvement  efforts are necessary to optimize and refine the automated finance workflows. Machine learning is another powerful technology that plays a crucial role in finance automation.

Automation 52

Automation Finance Assessments Compliance 52

Nanonets

APRIL 19, 2023

Look for software that offers robust security features such as data encryption, password protection, and multi-factor authentication. The software should also provide regular backups to prevent data loss. Look for security features Accounting software contains sensitive financial information that must be protected.

Accounts 52

Accounts Payment APIs and Integration Automation Process 52

EBizCharge

AUGUST 16, 2024

Enhanced security: E-invoicing provides a higher level of security with data encryption and secure transmission protocols, minimizing the risk of invoice fraud. Maintain compliance and security: Continuously monitor the system to ensure compliance with legal and regulatory requirements.

Legal 52

Legal Process CRM Faster Payments 52

Nanonets

APRIL 23, 2024

Import Historical Data : If migrating from a legacy system or transitioning to NetSuite from another ERP solution, import historical reconciliation data into NetSuite to maintain continuity and historical accuracy. Ensure that they understand the system's functionality, processes, and best practices for reconciliation.

Reconciliation 52

Reconciliation Accounts Multi-Currency Audit 52

Fintech Labs Insights

FEBRUARY 10, 2017

Ajay Arora, Vera co-founder and CEO referred to Vera for Mail as “the next stage in our long-term quest to protect enterprise data through the last mile, secure every collaboration channel, and ensure the confidentiality and integrity of our customers’ most valuable data.”

Security 20

Security Audit Data Encryption Cybersecurity 20

Nanonets

SEPTEMBER 22, 2023

Finally, by leveraging  supplier management software  for performance tracking, organizations can generate reports and analytics that provide insights for strategic decision-making and continuous improvement. Cloud-based vendor management systems will continue to play a significant role in the future.

Automation 52

Automation Compliance Risk Process 52

PYMNTS

APRIL 20, 2016

” Graham Wood continued. “Many companies have submitted evidence to the Investigatory Powers Bill committees on the impact of having to retain communications data for up to 12 months.” “It is not solely the lack of judicial oversight and accountability that could push companies away from the U.K.,”

Product 40

Product Encryption Privacy Governance 40