VISTA InfoSec

JULY 17, 2024

Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy. Think about the various regulations around the world.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

Neopay

DECEMBER 4, 2024

Addressing these issues effectively requires organisations to share personal information responsibly, ensuring compliance with data protection laws while prioritising public safety. Misconceptions about data protection laws can lead to reluctance among organisations, potentially allowing criminals to exploit these gaps.

Scams 52

Scams Fraud Prevention Laws Assessments 52

The Finance Weekly

JANUARY 1, 2023

In addition to being a year of instability and economic challenges, 2022 was also a year of increased focus on compliance and data security. Read the FP&A Software Solution Comparison here. 2) The Importance of Trustworthy, Independent SOC Reports in FP&A.

Finance 246

Finance Automation Compliance Laws 246

VISTA InfoSec

FEBRUARY 25, 2024

How Breaches Impact You Suffering a breach carries severe consequences beyond just data loss. You may face legal/regulatory penalties for violating disclosure laws. Your company’s trustworthiness and future competitiveness depend on getting data security right—now’s the time to start.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

PYMNTS

MARCH 2, 2020

New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws. The California Consumer Privacy Act went into effect in January, and the European Union’s General Data Protection Regulation ( GDPR ) went into effect in 2018.

Privacy 99

Privacy Regulations Laws Agreements 99

Clearly Payments

NOVEMBER 13, 2024

Payment processors typically must apply for membership and meet the network’s standards, including security, compliance, and transaction volume criteria. Compliance with Network Standards : Visa and Mastercard, for example, require strict adherence to Payment Card Industry Data Security Standards (PCI DSS).

Process 104

Process Processors Payments Compliance 104

PYMNTS

FEBRUARY 10, 2020

Although the law has only been in effect since Jan.1, 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018. The California law is more specific and more punitive for breaches.

CCPA 62

CCPA Laws Privacy Data Breach 62

PYMNTS

DECEMBER 4, 2017

Or, according to the latest data, many small businesses haven’t learned this lesson. In this week’s B2B Data Digest, PYMNTS dives into new research about small businesses’ data security and cybersecurity efforts. Clutch warned that fines for non-compliance with these rules can reach into the millions of dollars. —54

Small Business 54

Small Business Data Security PCI DSS Data Breach 54

PYMNTS

NOVEMBER 3, 2017

.’s Information Commissioner’s Office (ICO) said it launched a small business phone service this week to provide advice and guidance to SMBs on how to get ready for the new GDPR regulations, laws aimed at protecting customer and employee data.

Laws 43

Laws Data Security Cybersecurity Compliance 43

VISTA InfoSec

OCTOBER 26, 2023

SOC and SOX represent two pivotal compliance frameworks that help maintain financial reporting integrity and data security. federal law passed in 2002 to protect investors from fraudulent financial activities. law for public companies, ensuring transparent financial reporting. What is SOX? SOX, a U.S.

Audit 130

Audit Compliance Laws Government 130

PYMNTS

FEBRUARY 15, 2018

In the wake of breaches that have compromised the data of millions of Americans and companies as far-flung as Equifax and Uber, industry observers and participants told a House subcommittee on Wednesday that data security should be standardized at a national level. Federal legislation should also preempt state laws.

Data Security 40

Data Security Security Breach Privacy 40

PYMNTS

MARCH 8, 2018

Retailers have requested that the House Financial Services Committee take a closer look at draft data breach notification legislation, saying it doesn’t do enough to ensure appropriate data security standards.

Data Breach 40

Data Breach Breach Laws Third-Party Service Provider 40

The Fintech Times

FEBRUARY 17, 2025

From the EUs tightening AI laws to the USs innovation-friendly approach, we examine how different regions are adapting. While the potential benefits appear endless, these advancements also present challenges, including tougher regulatory requirements, ethical considerations and the need for advanced data security measures.

FinTech 59

FinTech Romance Scams Scams AI 59

PYMNTS

FEBRUARY 10, 2020

Although the law has only been in effect since Jan.1, 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018. The California law is more specific and more punitive for breaches.

CCPA 52

CCPA Laws Privacy Data Breach 52

Open Banking Excellence

SEPTEMBER 27, 2024

Half a decade ago, Mexico demonstrated its ongoing commitment to updating its financial regulation with the introduction of the Fintech Law. Nevertheless, it is essential to review and complement the existing legislation with complementary laws to fully unleash the potential of this ecosystem.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147

Clearly Payments

JANUARY 12, 2024

This documentation may be valuable for law enforcement or investigations by financial institutions. Notify Law Enforcement Report the incident to local law enforcement by filing a police report. Be prepared to cooperate with law enforcement authorities and follow any instructions they provide during their investigation.

Credit Cards 105

Credit Cards Law Enforcement Card Issuer PCI DSS 105

PYMNTS

SEPTEMBER 26, 2018

in which Uber will pay $148 million to resolve allegations that it violated state laws pertaining to data breach reporting. In a press release , the two AGs said the settlement also covers charges that Uber violated reasonable data security laws with its 2016 breach of driver and customer information.

Data Breach 69

Data Breach Breach Law Enforcement Settlement 69

The Payments Association

SEPTEMBER 27, 2024

The design of the patented technology was born out of Lucinity’s research and development division, Lucinity Labs, which had been looking for a way to strengthen the financial services ecosystem while complying with data-sharing laws. We believe in bringing connectivity to parts of the world where it wasn’t possible before.

Financial Crimes 88

Financial Crimes Security AI Crime 88

Stax

JANUARY 15, 2024

Surcharging involves understanding federal laws, state-specific restrictions, and international regulations. PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Surcharging restrictions for multi-location businesses can get confusing. ​​In

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

VISTA InfoSec

OCTOBER 21, 2024

Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy. Think about the various regulations around the world.

Cybersecurity 147

Cybersecurity Compliance Encryption Best Practices 147

Fintech News

JANUARY 21, 2025

The regulation outlines the framework for PKA operations, including institutional requirements, governance, data security, and consumer protection. This is expected to benefit individuals and small businesses with limited traditional credit histories.

Regulations 88

Regulations Consumer Protection Compliance Governance 88

PYMNTS

JUNE 29, 2018

The state of California passed a new digital privacy law that provides consumers with more transparency and control over their digital data. Companies will also have a tougher time sharing and/or selling data on children under the age of 16, noted the report.

Laws 40

Laws Privacy Consumer Compliance 40

VISTA InfoSec

SEPTEMBER 14, 2023

The GDPR has a considerable influence on data privacy globally, but what does it mean for the US? We will examine the effects of GDPR in the US and how businesses can adhere to this European privacy law. It’s important to note that the law extends to any EU resident, irrespective of citizenship. GDPR and U.S.

Compliance 130

Compliance Privacy Legal Processors 130

PYMNTS

MARCH 7, 2019

Senate Homeland Security and Governmental Affairs Subcommittee on Investigations, executives from Equifax and Marriott were called out on their companies’ recent data breaches , while other witnesses helped describe the current landscape when it comes to online privacy and data security. As part of the hearing, the U.S.

Data Breach 71

Data Breach Breach Privacy Federal Trade Commission 71

VISTA InfoSec

JULY 5, 2023

Data security has become an essential aspect of our lives and is more crucial than ever before. In the healthcare industry, organizations are entrusted with a plethora of sensitive information, including PHI, PII, and financial data. What is data security in healthcare? million between May 2020 and March 2021.

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

Segpay

DECEMBER 13, 2024

The Rising Importance of Data Privacy Regulation The implementation of GDPR in the European Union (2018) and CCPA in California (2020) marked an important shift in global data privacy standards. Data privacy laws demand meticulous processes, often limiting the data that companies can collect and retain.

Privacy 105

Privacy Compliance CCPA Authentication 105

Stax

MARCH 11, 2025

Encryption and transfer of payment information The payment gateway that underpins your checkout page will now encrypt the customers payment details as stipulated by industry data security regulations like PCI DSS (Payment Card Industry Data Security Standard) before transferring the data to your payment processor.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

PYMNTS

OCTOBER 6, 2016

“For Yahoo to lay the blame on state-sponsored entities for this data breach seems like nothing more than a PR stunt crafted to help the company avoid additional embarrassment and reputational damage,” said Danny Maher, CTO from U.K.-based based data security company HANDD Business Solutions, in the report.

Data Breach 75

Data Breach Breach Data Security Laws 75

PYMNTS

APRIL 11, 2019

Google also said it was aware of data security and that it was serious about following the law. The central bank is apprised of the progress and we remain committed to complying with the laws of the land,” the spokesperson said.

Accreditation 66

Accreditation Laws Data Security Central Bank 66

The Finance Weekly

DECEMBER 30, 2021

Business intelligence, data security, and and has proved particularly effective for finance departments, given the recent powerful innovations in finance technologies. Moreover, how do you ensure data quality, security, and privacy as cybersecurity breaches stubbornly persist?

Technology 130

Technology MSPS Small Business Data Security 130

PYMNTS

JANUARY 7, 2019

Biometrics promise to take a larger role in authentication security in 2019, helping to stop online fraud and bringing speed, efficiency and security to transactions ranging from QSR mobile-order ahead to airport car rentals. for use of biometric data. Illinois’ Role. Larger Trends.

Consumer 64

Consumer Laws Privacy Authentication 64

PYMNTS

NOVEMBER 1, 2020

The regulations are wide in scope, including things like antitrust, privacy, data security and localization, consumer protection, advertising sales, billing and eCommerce, product liability, intellectual property and more, the report stated.

Legal 94

Legal Regulations Consumer Protection Privacy 94

Payments Source

MARCH 12, 2019

Richey plans to retire this summer, ending a 40-year career in law and risk management. Two years ago, Ellen Richey became Visa's vice chairman and chief risk officer, propelled to this role by over a decade of work that fundamentally changed how the average consumer makes a payment.

Risk Management 96

Risk Management Laws Risk Consumer 96

PYMNTS

JANUARY 19, 2021

“That’s the entity that will bear the responsibility of anything that is tied to the relationship with the consumer — sales collection, filing and remedying taxes, the compliance with the local regulations, specifically commerce laws, and product return policies,” he said.

Cross-Border 128

Cross-Border PCI DSS Fraud Prevention Regulations 128

PYMNTS

NOVEMBER 1, 2016

Though bitcoin had initially been billed as untraceable, to actually use bitcoin in any meaningful way, each user has a bitcoin address that law enforcement can — and has — linked to it owner. The secret to its secretiveness — according to the developers that built it — is an advanced cryptography.

Law Enforcement 66

Law Enforcement Bitcoin Privacy Laws 66

PYMNTS

DECEMBER 29, 2020

With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Accurate and reliable data is a critical piece of modernizing the AML regimen,” he said. With digital transactions and eCommerce soaring during the pandemic, the rate of increasingly sophisticated fraud has also risen.

AML 108

AML Money Laundering Compliance Law Enforcement 108

PYMNTS

AUGUST 5, 2020

For instance, Europe’s GDPR law can see firms fined up to 4 percent of gross revenues for not properly protecting data. And while America doesn’t have a national law of similar force, California’s new statewide privacy law carries steep consequences for those who don’t properly shepherd Golden State residents’ data.

Security 106

Security Account Takeovers Laws Consumer 106