Stax

MAY 6, 2024

When you think about growing your business, improving data security probably isn’t at the top of your list—and that’s understandable. After all, the topic of security doesn’t sound as exciting as that latest Instagram hack and isn’t as immediately impactful as a new sales tactic.

Data Security 88

Data Security PCI DSS ISVS Compliance 88

Stax

SEPTEMBER 17, 2024

While the news may bring breaking headlines about stolen or lost data from large corporations, every business can take the steps necessary to secure sensitive data. TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. What is PCI Compliance?

PCI DSS 88

PCI DSS Credit Cards Compliance Process 88

Stax

MARCH 4, 2024

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments. Q: How do I ensure online payment security?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

VISTA InfoSec

JANUARY 18, 2024

In our last discussion, we explored the evolution of Requirement 1 in the transition from PCI DSS v3.2.1 with a particular emphasis on the move towards ‘network security controls’. As we continue our exploration of the updated PCI DSS v4.0, With the impending retirement of PCI DSS v3.2.1 PCI DSS v3.2.1

PCI DSS 262

PCI DSS Procedures Encryption Security 262

Clearly Payments

JUNE 3, 2024

Tokenization not only enhances security but also helps businesses comply with regulatory standards, such as the Payment Card Industry Data Security Standard (PCI DSS) , by reducing the amount of sensitive data they store and handle.

PCI DSS 59

PCI DSS Payment Gateways Gateways Payments 59

PYMNTS

OCTOBER 5, 2020

Hackers often try to intercept the data as it travels between entities, attempting to breach retailers’ or their payment providers’ systems to obtain stored cardholder details. PCI DSS is intended to help combat this by instructing merchants on safeguarding the transactional steps in which they are involved.

Data Breach 82

Data Breach Breach PCI DSS Compliance 82

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. Merchants may also be removed from the list if they were added for PCI-DSS noncompliance, but have since become compliant. Why Was a Merchant Added to the TMF?

PCI DSS 82

PCI DSS Processors Compromise Identity Theft 82

VISTA InfoSec

JUNE 3, 2024

In such attacks, cybercriminals exploit weak or reused passwords to breach multiple accounts, leading to significant data breaches and financial losses. These may include: SOC1/SOC2: Service organization control reports that assess controls related to financial reporting and data security.

MFA 130

MFA Credential PCI DSS Compliance 130

PYMNTS

DECEMBER 4, 2017

McAfee Labs recently published its 2018 Threats Predictions report , and after a year of high-profile cyberattacks and data breaches, analysts say the threat won’t let up in the new year. If there’s one thing the enterprise has learned this year, it’s that a data breach can happen to any business — including small businesses (SMBs).

Small Business 54

Small Business Data Security PCI DSS Data Breach 54

PYMNTS

JANUARY 22, 2020

All four of Greece’s main banking institutions enacted security protocols after a data breach, and consequently cancelled 15,000 consumer cards, according to reports. A key source of the inquiry is whether or not the tourist website follows the Payment Card Industry Data Security Standards (PCI DSS).

PCI DSS 52

PCI DSS Data Breach Breach Compromise 52

Stax

MARCH 15, 2024

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.

Process 88

Process Security PCI DSS Encryption 88

EBizCharge

JULY 19, 2024

This article will explore five reasons why using PDF forms for payment collection doesn’t meet PCI DSS requirements, highlighting the risks and security gaps inherent in this method. By understanding these pitfalls, businesses can take proactive steps to adopt more secure payment processing solutions.

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

Payments Source

JANUARY 14, 2018

With less than three months before the PCI DSS Requirement 8.3

PCI DSS 79

PCI DSS Authentication Breach Data Security 79

Stax

MARCH 26, 2024

Secure Transactions: Online terminals incorporate security protocols like SSL encryption, tokenization, and Payment Card Industry Data Security Standards (PCI DSS) compliance. This security infrastructure protects sensitive payment information during transactions, building customer trust.

PCI DSS 88

PCI DSS Encryption Payment Gateways Disputes 88

Payments Source

MARCH 13, 2018

They all disclosed a major data security breach, and they all remain in business despite what happened. As the names pile up — Equifax, Target, Home Depot, TJ Maxx, etc. there's one thing all of these brands have in common.

Breach 73

Breach Data Breach Data Security Security 73

EBizCharge

MAY 24, 2024

Most embedded Sage payment solutions adhere to strict regulations, including PCI-DSS compliance and Secure Sockets Layer/ Transport Layer Security (SSL/TLS) protocols. By securely managing credit card data and transactions, businesses can protect their operations against fraud and data breaches.

Embedded Payments 52

Embedded Payments Process PCI DSS Payments 52

Payment Savvy

JULY 3, 2024

This token is used throughout the transaction process, while the actual debit card number is safely stored in a secure vault. Tokenization helps minimize the risk of data breaches, as even if a token is compromised, it holds no value without the corresponding debit card information.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Stax

JULY 25, 2024

But there’s a much greater risk than theft— data breaches. Systems with low levels of data security are an easy target. According to the IBM data breach report , the average cost of a data breach in 2023 was USD 4.45 POS systems handle a lot of sensitive information.

Small Business 88

Small Business PCI DSS CRM Online and Mobile Banking 88

Segpay

APRIL 22, 2024

Replacing sensitive card details with unique digital tokens significantly reduces the risk of data breaches and unauthorized access to card information. For merchants, this means greater peace of mind, knowing customer data is protected throughout the payment process. PCI Compliance.

Data Breach 52

Data Breach Risk Online and Mobile Banking PCI DSS 52

Stax

JANUARY 8, 2024

Common risk management strategies for PayFacs include proper merchant vetting and onboarding, transaction monitoring and fraud prevention, chargeback mitigation, KYC/AML compliance, and data breach prevention. Reputational risks Risks associated with things like data breaches, poor customer service, company controversies, etc.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 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.

PCI DSS 71

PCI DSS Privacy Breach Irrevocability 71

Segpay

JUNE 13, 2024

Compliance with Industry Standards Your business should comply with industry bare minimums like Payment Card Industry Data Security Standard (PCI DSS). PCI DSS compliance sets industry requirements that safeguard payment card data using encryption, firewalls, and regular security audits.

Best Practices 40

Best Practices Processors Transactions Security 40

EBizCharge

AUGUST 8, 2024

This includes compliance with the Payment Card Industry Data Security Standards (PCI DSS) , encryption technologies, and fraud detection systems. Since Salesforce handles sensitive customer data, the payment processor must secure all transactions to maintain customer trust and prevent data breaches.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

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

Stax

FEBRUARY 28, 2024

For best practices, integrate it with your other systems, offer flexible plans for optimized cash flow, and ensure data security compliance to industry standards. Make sure that your SaaS billing platform is fully compliant with PCI DSS security regulations and can securely store credit card data on file via payment tokenization.

Payment APIs and Integration 88

Payment APIs and Integration Automation PCI DSS Fraud Prevention 88

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Whether adhering to federal mandates, state laws, or international compliance, there’s a global framework that ensures secure financial transactions worldwide.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

EBizCharge

JUNE 6, 2024

It’s important to consider various factors, including the payment methods supported, the credit card processing fees involved, the geographical regions served, and the security measures offered are paramount, as data breaches can have grave implications for your business.

Credit Cards 52

Credit Cards Process Payment Gateways Gateways 52

Clearly Payments

JANUARY 8, 2024

Security, Compliance, and Regulatory Risk: Cybersecurity risk involves the threat of data breaches and unauthorized access to sensitive payment information. Hackers may exploit vulnerabilities in the merchant’s system to gain access to customer data.

Risk Management 97

Risk Management Risk PCI DSS Process 97

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

Payments Source

SEPTEMBER 12, 2017

The reaction to major data breaches has always been to protect card data. But the non-card data that Equifax handled deserved just as much attention, if not more.

Data Breach 60

Data Breach Breach PCI DSS Data Security 60

Payments Source

DECEMBER 12, 2016

Too many data breach reports show that companies suffering compromises were unaware that cardholder data was present in their systems. The Payment Card Industry Security Standards Council wants to fix this.

Data Breach 63

Data Breach Compromise Breach Security 63

Stax

NOVEMBER 6, 2023

Loss, corruption, improper use, and unwanted access to a company’s data assets can lead to immense negative publicity, which in turn can cause irreparable reputation damage, fines, sanctions, and loss of profits. Moreover, companies need to follow data privacy and compliance requirements to stay in business.

Encryption 88

Encryption PCI DSS Data Security Origination 88

Clearly Payments

DECEMBER 7, 2023

Key Considerations for Merchants: Security and Compliance: Security is paramount when dealing with online transactions. Ensure that the payment gateway complies with Payment Card Industry Data Security Standard (PCI DSS) requirements.

Payment Gateways 52

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

Exact Payments

FEBRUARY 5, 2024

However, with progress comes responsibility, particularly when it comes to safeguarding sensitive payment card data. Enter the Payment Card Industry Data Security Standard (PCI DSS): a comprehensive framework that sets forth stringent rules and regulations to ensure the secure handling, processing, and transmission of cardholder information.

ISVS 52

ISVS PCI DSS Encryption Authentication 52

CB Insights

JULY 20, 2017

Other startups include Red Seal Networks , which offers a security score on overall security posture and the state of compliance with regulations. Vera helps banks, asset managers, hedge funds, and private equity shops secure corporate data and comply with SEC standards. Data Security. Web Security.

Cybersecurity 30

Cybersecurity Security AML PCI DSS 30

EBizCharge

MAY 14, 2024

Regulatory compliance Automated billing systems are designed with built-in features and functionalities that ensure compliance with relevant laws, regulations, and industry standards governing billing practices, such as data privacy regulations, tax laws, and consumer protection statutes.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Fi911

MARCH 26, 2024

Tokenization is a security measure that swaps sensitive data with a random number or “token.” This token holds no traceable connection to the real data, offering optimal data security for merchants and cardholders alike. Meanwhile, sensitive cardholder data is swapped with a unique, single-use token.

PCI DSS 88

PCI DSS Encryption Origination Data Security 88