Fintech News

MARCH 10, 2024

SecIron being a leading provider of mobile app security solutions, equips organisations to safeguard mobile apps and data against mobile malware and a multitude of other threats.

Digital Payments 114

Digital Payments Security Data Encryption Encryption 114

Stax

MARCH 13, 2025

Card networks must maintain them properly and pay for fraud prevention tech (data encryption, tokenization, real-time tracking, etc.). Interchange fees help mitigate the financial impact of these risks, ensuring cardholders can continue to access credit. Swipe fees fund these initiatives and cover the maintenance costs.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 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

VISTA InfoSec

SEPTEMBER 5, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. In contrast, ransomware specifically targets the availability of data by encrypting files and demanding payment for their release.

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. In contrast, ransomware specifically targets the availability of data by encrypting files and demanding payment for their release.

Security 130

Security Phishing Ransomware Risk Assessment 130

Fintech Review

MARCH 18, 2025

This emerging technology holds particular relevance for fintech, which relies heavily on encryption to secure transactions and data. Researchers warn that powerful quantum computers could one day crack traditional encryption methods in a feasible time. Over time, cybersecurity threats pushed fintech security to evolve further.

Security 66

Security Encryption FinTech Breach 66

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 116

Phishing Security Blocks Cybersecurity 116

Exact Payments

JULY 1, 2024

Our software partners transmit merchant data to our APIs using Transport Layer Security (TLS) encryption. TLS encrypts data during transit and offers enhanced security features to combat man-in-the-middle (MiTM) attacks. The encrypted data is then written to our database. We implement TLS 1.3,

Data Security 52

Data Security Security Encryption Payment APIs and Integration 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

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

M2P Fintech

JULY 11, 2023

AES and ECDH To address security challenges, advanced encryption and decryption mechanisms must be integrated into the Android applications. In this blog, our Code Specialist and Lead Software Development Engineer Janarthanan , will guide you through the intricate world of encryption and decryption logic using AES.

Encryption 52

Encryption Security Blocks Correspondent 52

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

Payment Savvy

DECEMBER 3, 2020

Some of the steps to take include: Continuously monitor your systems to see whether there are any problems. Encrypt and Back-Up Data. 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

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

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

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

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. The gateways authorize the customer’s payment and encrypt the cardholder information. How Does a Payment Gateway Work?

Payment Gateways 88

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

EBizCharge

OCTOBER 25, 2023

Unsecured Networks and Systems Companies with unsecured networks and out-of-date systems are at a higher risk of data breaches. Therefore, businesses must secure their networks and systems to prevent unauthorized access by deploying strong encryption, setting up firewalls, ensuring accurate user authentication processes, and more.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

Exact Payments

FEBRUARY 5, 2024

Change #2: Primary Account Number (PAN) Encryption The security of sensitive information, such as primary account numbers (PANs), is of utmost importance. Recognizing the criticality of this issue, the PCI Council has taken a firm stance on data encryption in PCI DSS 4.0.

ISVS 52

ISVS PCI DSS Encryption Authentication 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

PYMNTS

MAY 12, 2020

Zoom, perhaps unprepared for the mega-influx of new users utilizing it for everything from school to work, has been slammed for not properly encrypting its services in an end-to-end manner, thereby leaving doors open for bad actors. But an FTC probe would not necessarily result in any charges or fines toward the company.

FTC 56

FTC Federal Trade Commission Encryption Privacy 56

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

Nanonets

MAY 3, 2023

Like other fintech tools, Planful and Predict protect their users’ financial data with MFA as well as layers of the latest encryption technology. All financial data uploaded to Rebank, as well as all the documents generated by Rebank, are stored securely in your Rebank account online.

AI 94

AI Finance Advisors Fed 94

PYMNTS

MARCH 24, 2016

Department of Justice, which was temporarily put on hold on Tuesday (March 22), over a judge’s order that the company create new software that will disable its encryption protections and allow “backdoor” access to the device’s data. government have continued to contact the U.S.

FBI 40

FBI Encryption Governance Government 40

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. Security and fraud prevention Security is paramount in payment processing, and Acumatica provides robust tools and standards to protect sensitive data.

Credit Cards 52

Credit Cards Process Payment Gateways Best Practices 52

PYMNTS

APRIL 20, 2016

could avoid the ever-controversial encryption debates that are going on in the U.S., This bill would simply limit the ability to create tech products with built-in end-to-end encryption. ” Graham Wood continued. ” Graham Wood continued. It also would ensure the U.K.

Product 40

Product Encryption Privacy Governance 40

Segpay

MARCH 10, 2025

Here’s how it works: Encryption & Secure Transmission: The payment gateway encrypts the player’s payment details and securely transmits them to the payment processor. Tokenization & Encryption All sensitive payment data is encrypted and tokenized, reducing the risk of data breaches.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

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

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. Compliance with Industry Standards Your business should comply with industry bare minimums like Payment Card Industry Data Security Standard (PCI DSS).

Best Practices 40

Best Practices Processors Transactions Security 40

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

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

SEPTEMBER 21, 2023

Streamlining with EDI Payment Solutions As businesses continue to seek ways to optimize their operations, the adoption of electronic data interchange (EDI) payment solutions has become increasingly popular. The use of encryption ensures that payment information is transmitted safely and kept confidential.

Payment Solutions 52

Payment Solutions Payee Payments Payer 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

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

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