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What Is Data Tokenization and How Does It Work?

Stax

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.

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PCI requirements and who needs to follow them

Basis Theory

Return to Top Risk of Non-Compliance Each PCI requirement acts as a proactive measure to protect cardholder data, and as a legal framework to isolate and financially penalize non-compliance. Findings of non-compliance or a recent security incident may shift your risk profile.

PCI DSS 88
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The 12 PCI DSS Requirements to Ensure PCI Compliance

Stax

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
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What is a Payment Gateway and How Does It Work?

Stax

TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions. Think of it as a cash register, except that the payments it processes are non-cash. The merchant (or business) that makes the sale.

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Maximizing Efficiency in Financial Statement Preparation with Automation

FloQast

Bank statements can be automatically matched against the cash ledger, leaving only the exceptions to be investigated by staff. From financial statement analysis to bank reconciliations, the range of functions you can automate is diverse. What Financial Reporting Functions Can You Automate? This often comes with a challenge.

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Acumatica Credit Card Processing: Benefits and Getting Started

EBizCharge

Security and compliance. Security and compliance are non-negotiable when dealing with credit card processing. Ensure the selected payment gateway complies with the Payment Card Industry Data Security Standards (PCI DSS) to protect your customers’ payment information.

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The best reconciliation software and tools in 2023

Nanonets

Acting as a centralized platform, it retrieves data from the general ledger and compares it with bank statements and invoices, facilitating accurate and swift account reconciliation. Seamless bank feeds and import options. Limited integration with certain banks. User-friendly interface and easy navigation.