PYMNTS

DECEMBER 4, 2017

In this week’s B2B Data Digest, PYMNTS dives into new research about small businesses’ data security and cybersecurity efforts. Small businesses seem quite confident in their ability to protect themselves and their customers’ data, but according to researchers, that confidence is likely misguided. —60

Small Business 54

Small Business Data Security PCI DSS Data Breach 54

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

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

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

VISTA InfoSec

JUNE 3, 2024

Here are some important tips for creating a GDPR-compliant password policy: Understanding GDPR and Its Implications The General Data Protection Regulation (GDPR) is a comprehensive data protection law enacted by the European Union to safeguard its citizens’ privacy and personal data.

MFA 130

MFA Credential PCI DSS Compliance 130

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

Stax

MARCH 6, 2024

Legal and payment compliance Adhering to compliance standards, including those set by the Payment Card Industry Data Security Standard (PCI DSS), is essential. These standards ensure that customer payment information is handled securely and that transactions meet legal requirements.

Best Practices 88

Best Practices PCI DSS Payment Gateways Gateways 88

FICO

NOVEMBER 1, 2016

Nearly every state has data security breach notification laws that set different standards on when notice may be given to consumers and state authorities, and under what circumstances. The proposal adds new standards to the regulatory maze of notification requirements.

Cybersecurity 81

Cybersecurity Regulations PCI DSS Data Encryption 81

The Fintech Times

DECEMBER 14, 2023

Regulations, which vary by region, encompass standards like Payment Card Industry Data Security Standard (PCI DSS), anti-money laundering (AML) laws, know your customer (KYC) requirements, and consumer protection laws.

Acquirers 59

Acquirers PCI DSS Fraud Detection Cross-Border 59

Exact Payments

JANUARY 4, 2024

The Payment Card Industry Data Security Standard (PCI DSS) plays a crucial role in protecting cardholder data for businesses that accept credit card payments. This set of security guidelines is mandated by major credit card associations such as Visa, Mastercard, American Express, and Discover.

PCI DSS 52

PCI DSS Compliance Audit Encryption 52

Stax

APRIL 30, 2024

In addition, they also ensure the privacy of business data and compliance with laws and regulations. Highest level of PCI security compliance that keeps payment data secure. However, this isn’t legal in all states, so you need to check the laws before applying a surcharge.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

Payment Savvy

MAY 11, 2023

Security: Visa has strict security requirements to protect cardholder data and prevent fraud. As a merchant, you will need to comply with the Payment Card Industry Data Security Standard (PCI DSS) and other security regulations to ensure the safety and security of Visa transactions.

Rules 52

Rules PCI DSS Disputes Payment Networks 52

Stax

JANUARY 8, 2024

Several US legislations (like the Patriot Act, anti money laundering laws , or FinCEN regulations) require PayFacs to know the identities of the business owner(s) they plan to facilitate payments for, during the underwriting stage. could result in financial losses, litigations, law enforcement action, and damage to reputation.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

Stax

FEBRUARY 26, 2024

Also, as payment regulations evolve, businesses must stay vigilant to comply with various payment standards and laws. Keeping track of various state and country laws can be tough, so choosing a payment processor that ensures compliance is key to addressing this challenge. Ready to Learn More?

Best Practices 88

Best Practices Payment APIs and Integration Payment Gateways Payments 88

Segpay

JANUARY 30, 2025

In August 2024, the EU drafted the world’s first comprehensive AI law. This EU AI Act aims to address to protect democracy, rule of law and the environment. PSPs risk association with data breaches or non-compliance issues. This uncertainty can refrain PSPs from working with AI companies.

Merchant Payment Processing 52

Merchant Payment Processing Processors AI Process 52

EBizCharge

JULY 24, 2024

Financial institutions and P2P applications must follow anti-money laundering (AML) laws and know your customer (KYC) regulations. Moreover, P2P platforms must also comply with the Payment Card Industry Data Security Standards (PCI DSS) when processing debit card and credit card transactions.

P2P 52

P2P PCI DSS Encryption Fraud Prevention 52

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. Q: Are EFT payments safe?

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

Fintech Review

OCTOBER 3, 2024

Compliance and Security in Fintech Outsourcing In the highly regulated world of fintech, compliance with international and local laws is non-negotiable. Data privacy regulations, such as PCI-DSS and specific financial regulatory standards, must be strictly adhered to.

FinTech 52

FinTech PCI DSS Compliance Fraud Detection 52

Exact Payments

SEPTEMBER 25, 2023

Step 4: Obtain PCI Certification Every business that transmits or handles payment information must comply with the Payment Card Industry’s Data Security Standards or PCI DSS. These standards help ensure that sensitive data is kept secure during every step of the transaction process.

PCI DSS 52

PCI DSS OFAC Facilitators Payment Gateways 52

Segpay

MARCH 10, 2025

Enhanced Security & Trust for Gamers Players need a safe and seamless way to make transactions. A gaming payment gateway encrypts financial data, prevents fraud, and ensures compliance with security standards like PCI DSS, giving users peace of mind while making deposits and withdrawals.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

Stax

MAY 7, 2024

PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). This regulation is managed by the Payment Card Industry Security Standards Council (PCI SSC) and is meant to protect the cardholder’s data.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

EBizCharge

AUGUST 30, 2024

While surcharging can offset or cover credit card processing fees altogether, merchants must comply with the rules set by credit card networks and local laws. Merchants must adhere to the Payment Card Industry Data Security Standard (PCI DSS) to protect cardholder data.

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

EBizCharge

JUNE 28, 2024

For example, Colorado, Connecticut, Massachusetts, and others have laws prohibiting surcharges. Determining the legality of charging credit card fees requires understanding various individual state laws , card network regulations, and the type of fee being charged. That said, not all states allow this practice.

Credit Cards 52

Credit Cards Legal Debit Card Disputes 52

Stax

JANUARY 10, 2024

PCI compliance fees. This fee helps payment processors maintain compliance with the latest Payment Card Industry Data Security Standard (PCI DSS) requirements for secure online transactions. If POS hardware is being offered as part of the merchant’s payment plan, it will also include the cost of hardware.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

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