Fintech Finance

JUNE 13, 2024

EBANX , a global technology company specializing in payment services for emerging markets, has achieved the top international certification for Privacy Information Management Systems (PIMS), ISO/IEC 27701:2019. This certification ensures that the best practices available in the market for protecting data privacy are being strictly followed.

ISOs 70

ISOs Privacy Best Practices Compliance 70

The Fintech Times

NOVEMBER 11, 2024

American Express and MX Technologies have formed an API-powered data access agreement, enabling secure connections between American Express accounts and third-party financial institutions or fintech apps. The post American Express Partners with MX to Enhance Secure Digital Banking Options appeared first on The Fintech Times.

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Security Credential API Privacy 58

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.

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Data Breach Regulatory Compliance Breach Encryption 278

The Paypers

APRIL 4, 2024

US-based provider of integration technology for financial institutions (FIs), PortX , has announced entering a strategic partnership with forefront innovator in data privacy and protection solutions, eXate.

Data Security 41

Data Security Compliance Privacy Security 41

The Paypers

FEBRUARY 6, 2020

A committee advising Ottawa on the feasibility of open banking has launched discussions around ways to manage data security and privacy risks.

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Data Security Privacy Risk Authorization 38

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.

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FTC Privacy Consumer Financial Protection Bureau (CFPB) Security 60

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.

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Data Security Security Privacy FinTech 65

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.

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Best Practices Business Continuity Continuity Compromise 278

PYMNTS

MARCH 2, 2020

Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws.

Privacy 99

Privacy Regulations Laws Agreements 99

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.

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Data Security Security Privacy Encryption 56

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.

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Data Security Security Data Breach Encryption 62

Fintech News

NOVEMBER 5, 2024

Tencent, through its Singapore subsidiary Tencent SenseTech, ensures data localisation and offers technical support, prioritising data security and privacy compliance. The technology uses a dual-layer security approach that combines palm print and vein recognition, providing accuracy even in challenging lighting.

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Enrollments Payments Encryption Participant 118

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

MAY 24, 2024

In an era where digital transactions reign supreme, ensuring the security of payment card data is paramount for businesses. It demonstrates its commitment to security and customer protection, enhancing its reputation as a trustworthy and reliable company. This assessment will help determine the scope of the compliance efforts.

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PCI DSS Small Business Assessments Compliance 243

PYMNTS

FEBRUARY 25, 2020

That paradox is evident between the appeal of personalization and a stepped-up need for privacy. But it also shows that privacy is paramount. In fact the Episerver report draws the conclusion that the relationship between personalization and privacy can be positive even for practices like retargeting.

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Privacy CCPA On-Demand Security 81

Fintech News

MARCH 10, 2024

In the dynamic landscape of Indonesia’s digital revolution, the exponential growth of digital payments has generated an increased demand for robust mobile app security solutions. As financial institutions navigate the challenges of securing sensitive financial information and user data, a great responsibility emerges to safeguard both.

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Digital Payments Security Data Encryption Encryption 111

The Fintech Times

FEBRUARY 22, 2024

Alexis Alexander , chief legal and compliance officer, Liberis explores how to employ a considered and educational approach to data privacy including traditional practices, while also accepting that there are additional considerations when it comes to embedded finance. One area to consider carefully is data privacy.

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Embedded Finance Privacy Risk Finance 58

VISTA InfoSec

JULY 31, 2023

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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PCI DSS Security Encryption Compliance 130

PYMNTS

FEBRUARY 21, 2019

That said, IoT device creators and consumers are looking at IoT security with a higher level of scrutiny. In the February Intelligence of Things Tracker , PYMNTS examines how countries, developers and consumers are responding to increased calls for security, as well as how the IoT market is growing worldwide. Around the IoT World.

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Data Security Security Identity Theft Privacy 72

Stax

MARCH 15, 2024

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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Process Security PCI DSS Encryption 88

The Fintech Times

AUGUST 10, 2024

This initiative is timely as global attention on AI compliance intensifies, with new regulations in Asia as well as Europe highlighting the need for secure and ethical practices in the financial industry. Employing the latest AI attack techniques and methods, testing ensures the AI system’s safety and integrity prior to its launch.

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Cybersecurity Compliance AI Privacy 118

PYMNTS

MAY 1, 2020

have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. with ease, control and security.”. This also makes data security critical, though, because banks must protect growing volumes of personal information.

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Privacy API Innovation Payment APIs and Integration 98

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. This led to a security breach that compromised the data of approximately 2.1 Unixiz, Inc., million consumers, including around 500,000 U.S.

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FTC Data Security Security Consumer 53

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.

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Data Security Encryption Security Data Breach 58

The Payments Association

NOVEMBER 11, 2024

Security Concerns: Concerns about data security and privacy continue to weigh heavily on consumers and banks alike. Ensuring robust security protocols and maintaining consumer trust are paramount for the long-term success of open banking. The initial investment in APIs and security infrastructure is significant.

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Payment APIs and Integration API Privacy Regulations 88

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. While security concerns remain, the IoT market is continuing to expand. Developments from Around the IoT World.

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Privacy Regulations Data Security Blockchain 81

Payment Savvy

OCTOBER 13, 2021

Companies and business owners are responsible for safeguarding the personal data of their customers. A data privacy policy can help clarify your responsibilities and give your customers peace of mind. What is a Data Privacy Policy? Why is Data Privacy Important? What Should the Policy Contain?

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Privacy Checks Legal Laws 52

VISTA InfoSec

APRIL 12, 2024

This process not only hides your real IP address but also enables filtering, monitoring, and logging of internet traffic, adding a robust layer of security and anonymity to your online endeavors. When aiming to enhance online security, knowing where to find reliable proxy services is crucial.

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Cybersecurity Best Practices Encryption Privacy 130

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.

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Privacy Visa Regulatory Compliance Data Security 54

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.

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Visa Privacy Adjustments Data Security 123

The Paypers

AUGUST 24, 2023

US-based process automation platform Decisions has attained SOC2 Type 2 and HIPAA certification to prove its adherence to standards of data security and privacy for customers.

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Security Compliance Privacy Data Security 36

VISTA InfoSec

JUNE 3, 2024

A big part of the GDPR is protecting people’s privacy and data from unauthorized access. Even though the GDPR doesn’t specifically mention passwords, it does require a “high level of protection of personal data.” Data should be handled securely and confidentially to prevent unauthorized access.

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MFA Credential PCI DSS Compliance 130

Fintech Review

NOVEMBER 12, 2024

Fintechs benefit by leveraging banks’ existing infrastructure and regulatory frameworks, allowing them to scale more quickly and securely. These barriers can include differences in organisational culture, regulatory compliance, and data security concerns. This incompatibility can lead to delays and increased costs.

FinTech 105

FinTech Financial Inclusion Regulatory Compliance Compliance 105

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.

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Data Security Posting Security Data Breach 71

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.

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Privacy Finance Third-Party Service Provider B2C 55

Fintech News

NOVEMBER 19, 2024

This collaboration will enable banks to leverage the power of AI for real-time insights while maintaining data security and control. By combining Temenos’ banking expertise with NVIDIA’s advanced AI platform, including NVIDIA GPUs and NVIDIA AI Enterprise software, banks can utilise unstructured data more effectively.

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AI Money Laundering Privacy Data Security 106

Open Banking Excellence

JULY 9, 2024

Testing that standard with real bank clients’ current accounts would lead us to a minimum viable product that would provide an Open Banking approach that would ensure the security, confidentiality and integrity of transmitted data and transactions.

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API Payment APIs and Integration Participant Regulations 147