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Lucinity secures patent for federated learning AI, enabling secure data sharing

The Payments Association

Lucinity , the global leader in AI software for financial crime compliance, has secured a second patent from the US for its proprietary federated learning technology , which provides a unique approach to allow global financial systems to share algorithmic learning patterns without sharing sensitive data.

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BIS Introduces Project Aperta for Secure Cross-Border Data Sharing in Finance

Fintech News

The project focuses on connecting the domestic open finance infrastructures of different jurisdictions, enabling secure, encrypted data sharing via APIs. These differing standards hinder cross-border data flow. The prototype will enable the secure sharing of consumer and business data across borders.

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Meeting PCI Requirements for Encryption

Basis Theory

The Payments Card Industry Data Security Standard (PCI DSS) outlines hundreds of requirements for storing, processing, and transmitting cardholder data. Any business that accepts payments from any of the major card networks must comply with this standard.

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Payment Security: Everything You Need to Know About Secure Payments

Stax

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. billion digital wallet users, or 42.6%

PCI DSS 88
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Everything You Need to Know About Secure Payment Processing Systems

Stax

Data protection and security are crucial not just for safeguarding customer information, but for protecting business owners as well. Having and maintaining secure payment systems is integral for protecting yourself and your customers. Enter secure payment systems (SPS). What Are Secure Payment Systems?

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PCI DSS Checklist: Secure Your Business

VISTA InfoSec

The PCI DSS Checklist is a crucial first step in securing your business. It’s a tool that helps businesses ensure they’re meeting all the requirements of the Payment Card Industry Data Security Standard (PCI DSS). The QSA will review the business’s security measures and access controls, and provide a report on their findings.

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Protecting Customer Data: Key Principles Every Company Should Know

VISTA InfoSec

Companies that excel in data protection comply with stringent regulations and gain a competitive edge by building solid relationships with their customers. This article explores ten key principles that every company should know and implement to ensure the highest level of data security.