article thumbnail

Runa Introduces Runa Assure: Proactive Security for Payout Protection

Fintech Finance

Key security features include: Advanced Machine Learning Fraud Detection: Prevent unauthorized access with IP Allowlisting & Multi-Factor Authentication (MFA), and monitor suspicious activity with user behavior analytics. Distributed denial of service (DDOS) protection ensures all traffic is protected from malicious threat actors.

PCI DSS 87
article thumbnail

AI-native Vital for $67Billion Payment Fraud Prevention Market

The Fintech Times

The fraud prevention industry is experiencing rapid growth in response to amplified regulatory pressure and increasingly sophisticated threats of online fraud. It has revolutionised convenience for consumers and created new business opportunities, but it has also opened a Pandora’s box of fraud risks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How To Find the Best Payment Gateway for Your Business in 2025

EBizCharge

Key characteristics of a payment gateway Understanding the key characteristics of a payment gateway can help your business ensure secure and smooth online transactions, combat fraud, and improve customer satisfaction. Effective fraud prevention boosts customer trust and loyalty. How much does a payment gateway cost?

article thumbnail

A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

Tokenization and encryption: Tokenization replaces credit card details with unique tokens with no exploitable value, preventing hackers from accessing sensitive data. Encryption secures payment data by converting it to unreadable code during transmission, ensuring that data remains protected even if interpreted.

article thumbnail

How are Interchange Fees Calculated?

Stax

Card networks must maintain them properly and pay for fraud prevention tech (data encryption, tokenization, real-time tracking, etc.). Keep card networks up and running Large, global infrastructures are required to process massive volumes of transactions safely and efficiently.

article thumbnail

Understanding Payment Processing Costs in Acumatica and How You Can Save

EBizCharge

Payment processing can also include recurring payments, customer payment portals, and fraud prevention tools to enhance security and streamline financial operations in Acumatica. These fees cover the cost of securely transmitting payment data, encrypting sensitive data, and authorizing transactions in real-time.

article thumbnail

Strengthening Payment Security: Government Fraud Detection for Compliance Managers and Auditors

Core

The solution: robust government fraud detection mechanisms for payment systems. Here’s what compliance managers and auditors need to know to strengthen internal fraud prevention and safeguard public funds. When fraud persists for over five years, the average loss increases to $800,000.