The Fintech Times

AUGUST 10, 2024

The system leverages financial-specific GPT to process diverse data types such as customer service records, images, and forms, while integrating with internal access control systems to protect privacy and data security.

Cybersecurity 119

Cybersecurity Compliance AI Privacy 119

PYMNTS

OCTOBER 24, 2019

Mastercard is introducing a Data Responsibility Imperative to spark a conversation with other companies about data security, Mastercard said in a press release on Oct. Mastercard wants organizations to work together to heighten privacy and fend off cyberattacks.

Privacy 54

Privacy Visa Regulatory Compliance Data Security 54

PYMNTS

DECEMBER 9, 2020

His comments come at a time when California is arguably taking the lead in consumer data privacy protections. The state is doing that in part by imposing penalties on companies found to be lax in implementing strong security measures to protect personally identifiable information. It’s paramount.

Privacy 93

Privacy Regulations Verification Account Takeovers 93

PYMNTS

APRIL 16, 2019

However, as IoT continues to proliferate in more industries and use cases, concerns about data privacy have quickly followed, with consumers and lawmakers ra ising concerns about attacks from bad actors. How Bonbouton’s Connected Insoles Track Health, While Keeping Data Secure.

Privacy 81

Privacy Regulations Data Security Blockchain 81

VISTA InfoSec

MARCH 28, 2024

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.

Data Breach 249

Data Breach Regulatory Compliance Breach Encryption 249

PYMNTS

MARCH 6, 2019

The Federal Trade Commission (FTC) has requested comment on the proposed amendments of two rules that protect the privacy and security of customer data held by financial institutions (FIs). The proposed changes are related to the Safeguards Rule and the Privacy Rule under the Gramm-Leach-Bliley Act.

FTC 60

FTC Privacy Consumer Financial Protection Bureau (CFPB) Security 60

CB Insights

DECEMBER 10, 2018

Privitar , a UK-based startup focused on developing enterprise privacy software, announced a strategic minority investment from Citigroup on December 10, 2018. Unprecedented amounts of customer-derived financial and lifestyle data are fueling advanced analytics and machine learning to drive the future of fintech.

Data Security 56

Data Security Security Privacy Encryption 56

PYMNTS

FEBRUARY 20, 2020

will no longer have access to European Union data security, instead being moved by the tech giant to American jurisdiction, according to officials, according to Reuters on Wednesday (Feb. has one of the weakest privacy protections of any developed nation. Google users in the U.K. Britain and the U.S.

Privacy 56

Privacy Law Enforcement Laws Rules 56

PYMNTS

OCTOBER 3, 2019

However, the rise of B2C virtual assistants has also ushered in a highly divisive conversation about user data privacy. But Ajmera said B2C and B2B data privacy challenges cannot necessarily be compared. “In in particular. “In in particular. This, of course, is the goal, however the reality can be less straightforward.

Privacy 55

Privacy Finance Third-Party Service Provider B2C 55

PYMNTS

NOVEMBER 1, 2018

To better serve clients and help make their businesses run smoother and more efficiently, FinTech startups are tackling an array of challenges, from data security to card declines to clunky customer experiences. The startup encourages the incorporation of data security every time an enhancement is made or a new product is released.

Data Security 65

Data Security Security Privacy FinTech 65

Axway

JUNE 3, 2021

In a just-released Axway consumer survey , a majority of Americans say they want greater transparency in how companies handle and track their data. They’re having trouble trusting that their data is safe. On the other hand, they feel it’s …

Data Security 98

Data Security Consumer Privacy Security 98

VISTA InfoSec

APRIL 5, 2024

Furthermore, complementing it with a managed security service provider (MSSP) ensures IT systems are secure and protected from malicious software threats. Data privacy and security Protecting your data and taking preventive measures to keep it away from fraudsters is important in the era of remote work.

Best Practices 262

Best Practices Business Continuity Continuity Compromise 262

PYMNTS

NOVEMBER 8, 2019

With newer, unique forms of digital ID, come privacy concerns. Consumer Privacy Sentiment Depends on the Industry. Consumer Privacy Sentiment Depends on the Industry. Feelings about privacy and security all depend upon on how personal data is being used, though no one denies the importance.

Privacy 48

Privacy Consumer Innovation Visa 48

PYMNTS

OCTOBER 17, 2018

17) that it has partnered with TokenEx for data security. In a press release , the companies said Bluefin and TokenEx will provide their platform security technologies to each company’s client base, including Bluefin’s PCI-validated P2PE solution for TokenEx clients and TokenEx’s cloud tokenization solution for Bluefin clients.

Data Security 62

Data Security Security Data Breach Encryption 62

PYMNTS

JULY 29, 2019

Microsoft has acquired a data privacy and governance service called BlueTalon, according to a report by TechCrunch. BlueTalon helps companies determine and set up policies for data access by employees. It then handles the enforcement of those policies and has tools for access and oversight.

Privacy 53

Privacy Acquirers Government Governance 53

Fintech News

DECEMBER 10, 2023

In addressing potential privacy and security concerns associated with facial recognition technology, Mastercard has highlighted its framework that ensures biometric data is not stored on devices, emphasising the importance of data security and consumer privacy.

Visa 117

Visa Privacy Adjustments Data Security 117

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Owning this data puts FAMGA on the front lines in the fight against the theft and exploitation of our personally identifiable information (PII). Effective data security features are critical to securing this information.

Data Security 58

Data Security Encryption Security Data Breach 58

PYMNTS

MARCH 30, 2020

California Consumer Privacy Act (CCPA), Washington Privacy Act (WPA) and other new privacy and online transaction standards are changing how businesses interact with consumers’ data in the U.S. Privacy conversations are old hat for retailers, Ahrens noted. Consumers And Privacy Changes .

Privacy 52

Privacy Rules CCPA Online and Mobile Banking 52

PYMNTS

AUGUST 22, 2019

The push to offer more online privacy to increasingly concerned consumers continues. Google mentioned the idea of a “Privacy Sandbox,” which would let someone do some personalization on the web while keeping their privacy protected. That’s only the latest such move in recent days from companies that make up so-called Big Tech.

Privacy 46

Privacy Security Blocks Consumer 46

PYMNTS

JUNE 9, 2020

Rising frustration over online payment transaction limits , security and data privacy have begun to crop up now that consumers and merchants are settling into the new normal, showcasing just how rapidly the banking world is changing. Data Privacy’s Starring Role in Open Banking. Australia and Canada.

Privacy 52

Privacy Regulations Online and Mobile Banking CCPA 52

PYMNTS

APRIL 25, 2019

Two consumer websites have settled with the Federal Trade Commission (FTC) over allegations that they did not secure consumers’ data, allowing hackers to breach both sites. Instead, the website failed to implement minimal data security measures, and stored personal information in clear text with no encryption.

FTC 53

FTC Data Security Security Consumer 53

PYMNTS

FEBRUARY 21, 2019

For customers to truly trust the IoT, and for the market to fully expand, customers need to feel a semblance of control over which IoT devices collect their data and when, according to Tore Knudsen and Bjørn Karmann, creators of the IoT privacy device Project Alias.

Data Security 72

Data Security Security Identity Theft Privacy 72

PYMNTS

APRIL 24, 2019

More consumers keep using Facebook even as the social network said on Wednesday (April 24) that it faces a fine of between $3 billion and $5 billion from the Federal Trade Commission over privacy. The anticipated and one-time fine that Facebook will pay to the FTC stems from the agency’s investigation into Facebook’s privacy practices.

Privacy 43

Privacy FTC Federal Trade Commission Payments 43

VISTA InfoSec

SEPTEMBER 14, 2023

If your business engages with these customers, it is subject to the EU’s General Data Protection Regulation (GDPR). This extensive data privacy regulation has an impact on many U.S. million) by Luxembourg’s National Commission for Data Protection (NCDP). Data Controller Classification: This implies that any U.S.

Compliance 130

Compliance Privacy Processors Legal 130

VISTA InfoSec

MAY 24, 2024

In an era where digital transactions reign supreme, ensuring the security of payment card data is paramount for businesses. It helps assess and mitigate security risks systematically by identifying vulnerabilities and implementing controls to address them before they materialize.

PCI DSS 202

PCI DSS Small Business Assessments Compliance 202

PYMNTS

JANUARY 25, 2019

In fact, of 14 major tech companies, a third had privacy clauses that were “potentially problematic” or contained “insufficient information.”. The GDPR has had a serious effect on tech companies, and one report found that some of the world’s biggest tech companies aren’t being compliant.

Data Security 71

Data Security Posting Security Data Breach 71

PYMNTS

MARCH 18, 2019

The Conference of State Bank Supervisors (CSBC) said last week that there should be a “floor” for data privacy and security regulations, a statement issued by the Senate Committee on Banking, Housing and Urban Affairs. He pointed to the recent enactment of the California Consumer Privacy Act of 2018 as an example.

Privacy 49

Privacy Regs Identity Theft Data Breach 49

PYMNTS

AUGUST 31, 2018

To take on apps that don’t give users information on the use of their personal data, Apple is introducing a new requirement: At the beginning of October, apps will have to have a privacy policy – even those that are in testing, according to reports. Starting Oct. Starting Oct.

Privacy 40

Privacy Rules Agreements Data Security 40

Fintech Finance

MARCH 12, 2024

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, and comforte AG, a leading provider of data-centric security solutions, have announced a partnership to help customers meet the new Payment Cards Industry Data Security Standards (PCI DSS) v4.0 PCI DSS v4.0 PCI DSS v4.0

PCI DSS 52

PCI DSS Compliance Encryption Real Time Payments 52

Payments Source

JULY 14, 2019

Almost two years after the Equifax breach led to a congressional uproar but minimal policy change, the protracted fight to enact data security and privacy reform has a new bogeyman.

Privacy 87

Privacy Data Security Breach Security 87

VISTA InfoSec

JUNE 3, 2024

This rule, which started on May 25, 2018, gives customers more control over their data and makes data collection and use more transparent. A big part of the GDPR is protecting people’s privacy and data from unauthorized access. PCI PIN and PCI DSS: Standards for securing payment card data.

MFA 130

MFA Credential PCI DSS Compliance 130

Open Banking Excellence

JULY 9, 2024

Importantly, we sought to discover if the Open API technology would be able to provide easy, seamless integration of information to the customers while remaining secure and compliant with current regulations. As well, we sought to determine what regulatory changes might be required to balance data security with free flow of information.

API 147

API Payment APIs and Integration Participant Regulations 147

The Fintech Times

AUGUST 15, 2024

Insights is compliant with stringent CDR regulations, safeguarding data security and privacy. Consumers also benefit from the secure sharing of data, strictly for authorised purposes, which enhances consumer privacy.

Verification 59

Verification Checks Accounts Scams 59

PYMNTS

OCTOBER 1, 2018

about online privacy and data storage, Tim Berners-Lee has a plan to “decentralize the web and take back power from the forces that have profited from centralizing it,” according to a report. This would seem to be a favorable time for digital products and services that emphasize privacy and data security.

Privacy 40

Privacy Laws Consumer Technology 40

M2P Fintech

JANUARY 3, 2024

Regulatory Compliance To stay compliant, banks need to adhere to central bank regulations on transaction security, data security, and privacy, among others. Core banking systems must have integrated compliance features that can adapt to evolving standards and regulations for robust security and fraud detection.

Payment APIs and Integration 59

Payment APIs and Integration CRM Online and Mobile Banking Regulatory Compliance 59

PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. Security Boulevard research shows that as of Dec. In retailing it’s usually a good thing when you’re the first to do something.

CCPA 62

CCPA Laws Privacy Data Breach 62

Axway

JUNE 3, 2021

In a just-released Axway consumer survey , a majority of Americans say they want greater transparency in how companies handle and track their data. They’re having trouble trusting that their data is safe. On the other hand, they feel it’s …

Data Security 52

Data Security Consumer Privacy Security 52