Fi911

MAY 7, 2024

In certain circumstances, such as excessive chargebacks, data breaches, fraudulent activities, or violation of regulations, a merchant’s account may be terminated. Alternatively known as the MATCH List, seeks to safeguard banks from extending acquiring services to high-risk enterprises.

PCI DSS 95

PCI DSS Processors Compromise Identity Theft 95

Clearly Payments

JANUARY 8, 2024

This can include stolen credit card information, identity theft, or fraudulent transactions. Security, Compliance, and Regulatory Risk: Cybersecurity risk involves the threat of data breaches and unauthorized access to sensitive payment information.

Risk Management 97

Risk Management Risk PCI DSS Process 97

PYMNTS

APRIL 7, 2017

But the CFPB’s and other regulatory groups’ efforts are by no means a free pass for financial data sharing, and the debate continues about who owns this data, who can share and access it, and whether doing so heightens risk for hacks, privacy breaches or fraud.

Consumer Financial Protection Bureau (CFPB) 76

Consumer Financial Protection Bureau (CFPB) Technology CFPB API 76

PYMNTS

AUGUST 21, 2018

When it comes to the bond between consumer and financial services, no doubt the relationship is a bit, well, frayed in the age of data breaches and the Dark Web. Data Point Four: 12 Percent. To take a line from the Queen of Soul, Aretha Franklin : Every chain has got a weak link.

Data Breach 42

Data Breach Breach Laws Authentication 42

Segpay

DECEMBER 13, 2024

ID Fraud Risks: With identity data breaches on the rise, organizations face the challenge of protecting sensitive data that could lead to identity theft. By applying strict privacy protections in identity management processes, organizations can reduce their exposure to these risks.

Privacy 105

Privacy Compliance CCPA Authentication 105

PYMNTS

MARCH 18, 2019

The letter comes in response to the committee’s call for comments on how regulation might protect consumers — specifically, data collection and the use of personally identifiable information (PII) have been stated as a “major focus” of the senators “moving forward.”.

Privacy 49

Privacy Regs Identity Theft Data Breach 49

PYMNTS

OCTOBER 30, 2018

Looking at research from the Identity Theft Resource Center, QuickBridge pointed to small businesses in the healthcare, banking and finance, and retail sectors as particularly popular targets for cyberattackers.

FTC 73

FTC Cybersecurity Small Business Federal Trade Commission 73

PYMNTS

SEPTEMBER 13, 2018

In comparison, only 45 percent said they would prefer an authentication method due to its tight data security. At the same time, though, the risk of identity theft and fraud is at an all-time high.

Security 59

Security Identity Theft Authentication Breach 59

The Payments Association

OCTOBER 4, 2024

Security concerns and fraud prevention One of the most significant challenges is the persistent threat of fraud. Cybercriminals are constantly innovating, targeting vulnerabilities in payment systems to carry out unauthorised transactions, identity theft, and data breaches.

Cross-Border Payments 88

Cross-Border Payments Online and Mobile Banking Cross-Border Alternative Payment Methods 88

PYMNTS

APRIL 5, 2017

2016 was a record year for data breaches, with the Identity Theft Resource Center reporting 1,093 in the U.S.,” The EMV certification comes just a couple weeks after Bluefin announced a new partnership with international online payments and fraud and data management solutions provider First Atlantic Commerce (FAC).

EMV 40

EMV Point-of-Sale (POS) Identity Theft Data Breach 40

Clearly Payments

MARCH 4, 2024

From large-scale data breaches to intricate schemes, fraudulent activities have left lasting marks on the financial landscape. Target Data Breach (2013) In the saga of payment processing fraud, few chapters loom as large as the Target data breach of 2013.

Phishing 59

Phishing Data Breach Law Enforcement Money Laundering 59

Stax

JULY 16, 2024

If merchants are exposed to security vulnerabilities when processing digital payments, the risk of cardholder data falling into the wrong hands increases exponentially. security requirements are. PCI DSS is a set of protocols to be followed by companies that store, process, and transmit cardholder data.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

Stax

JANUARY 28, 2025

Enhanced securitytokenization and two-factor authentication reduces the risk of data breaches As we mentioned earlier, Click to Pay uses a data security approach called tokenization to protect sensitive financial data from malevolent actors.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

PYMNTS

MARCH 2, 2018

Like breaches , for example. Thursday was the same day the company said that more individuals in the United States were hit by last year’s data breach than had been initially estimated. That’s a lot of compromised data, of course. The latest tally comes to 147.9 million, up 2.4 Revenues were $838.5

Breach 41

Breach Data Breach Identity Theft Data Security 41

Stax

AUGUST 22, 2024

They always seem to adapt and evolve their techniques even when security measures are in place. Identity theft, data breaches, and chargeback fraud are some of the most common types of risks. They also need to have strong data security protocols in place.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Payment Savvy

DECEMBER 3, 2020

Cyber frauds can take place in several forms, including: Identity theft is when an attacker gets personal information about an individual and uses it to commit fraud without their consent. If you’d like to learn more about data security and why an innovative payment gateway is necessary for your business, read more here.

Encryption 52

Encryption Data Encryption Identity Theft Cybersecurity 52

Stax

APRIL 30, 2024

Highest level of PCI security compliance that keeps payment data secure. Security and Compliance in Merchant Processing Any business that accepts credit and debit card payments must be compliant with the Payment Card Industry Data Security Standards (PCI DSS). Q: What are the risks of merchant processing?

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

PYMNTS

JULY 25, 2017

When data breaches occur, jobs are on the line from the CIO down to lower-level IT personnel. . At 71 percent, as estimated by one secure payments processing firm, identity theft is the most common type of fraud. The impact of online fraud reaches far beyond the dollar count of sales lost. . the year before.

EMV 48

EMV Identity Theft Mitigation Breach 48

Stax

JULY 9, 2024

Key regulations governing EFT payments include the National Automated Clearing House Association (NACHA) rules, which establish guidelines for ACH transfers, and the Payment Card Industry Data Security Standard (PCI DSS), which sets security standards for handling card information. What is the future of EFTs?

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

PYMNTS

AUGUST 20, 2019

In early 2019, PYMNTS conducted a survey of 3,585 consumers to learn about how they used sharing economy platforms in their everyday lives and how those platforms were taking measures to defend against digital fraud and identity theft. Digital sharing platforms’ verification techniques are not much better, either.

Economy 64

Economy Consumer Verification Authentication 64

Stax

AUGUST 20, 2024

Embedded fintech opportunities for financial institutions include subscription management , bill negotiation services, wealth transfer management, data breach and identity protection, and cryptocurrency investing. Financial institutions and their partners must have data security standards in place to avoid getting compromised.

Embedded Finance 88

Embedded Finance Finance FinTech Payment APIs and Integration 88

Finovate

JANUARY 24, 2025

For some added context, the EUs General Data Protection Regulation (GDPR) emphasizes protecting personally identifiable information (PIII) through consent and data security, whereas DORA shifts the focus to the digital supply chains of financial institutions.

Regulations 72

Regulations FinTech BNPL Cross-Border 72

Segpay

DECEMBER 19, 2024

By adopting IDaaS, organizations can improve and speed up access management for employees, customers, and partners, providing seamless and secure authentication to various digital services, while reducing the administrative burden on internal IT teams.

Verification 104

Verification Authentication MFA Compliance 104