Nanonets

MAY 3, 2023

Like other fintech tools, Planful and Predict protect their users’ financial data with MFA as well as layers of the latest encryption technology. Rebank Rebank is a finance and legal database for companies operating in multiple countries and currencies. However, it still needs to be fed the right data. 💡 Is it secure?

AI 94

AI Finance Advisors Fed 94

VISTA InfoSec

JULY 31, 2023

Apply Patches in a Timely Manner : It is important to remember to apply patches in a timely manner, including patches for databases, point-of-sale terminals, and operating systems, as required by PCI DSS standards. In addition to unique access, PCI DSS requirements mandate the use of multi-factor authentication (MFA) mechanisms.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

Fi911

SEPTEMBER 27, 2023

Boosting Multi-Factor Authentication Multi-factor authentication (MFA) already includes elements like passwords and mobile devices. It cross-references a client’s data with trusted databases, laying the groundwork for the next layers. This creates a dynamic, evolving security protocol that can adapt to emerging types of fraud.

Security 52

Security Identity Theft Verification Authentication 52

FICO

SEPTEMBER 17, 2018

This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. Profiles are not customer segments, clusters, nor a database of past transactions. Layer 2 – Authentication. Profiles are updated in real time by every relevant event.

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

VISTA InfoSec

JANUARY 9, 2024

This will encompass all technologies categorized under Network Security Controls, including but not limited to WAF, IPS/IDS, DAM, DLP, PIM/PAM, MFA, and so on. Position system components that store cardholder data (like a database) within an internal network zone, isolated from the DMZ and other untrusted networks. PCI DSS v3.2.1

PCI DSS 113

PCI DSS Procedures Authorization Security 113

FICO

SEPTEMBER 19, 2018

This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. Profiles are not customer segments, clusters, nor a database of past transactions. Layer 2 – Authentication. Profiles are updated in real time by every relevant event.

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

Seon

JANUARY 29, 2024

Educate your users: Remind users to prioritize password security, encourage the use of multi-factor authentication (MFA), and suggest the use of VPNs on public Wi-Fi networks. Exploiting security vulnerabilities : This is where unpatched security holes are used to gain unauthorized access to a system.

Account Takeovers 52

Account Takeovers Accounts Fraud Prevention Fraud Detection 52

Nanonets

SEPTEMBER 25, 2024

Open banking and API integrations Efficient bank statement processing relies heavily on integrating financial systems such as accounting software, ERP platforms, and databases. 💡 Key benefit : ML fraud detection systems improve risk management and reduce potential financial losses by up to 70%.

Process 52

Process AI Best Practices Reconciliation 52

Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Fintech News

MARCH 1, 2025

Mixin (US$200 Million, 2023) The Mixin Network was hacked through its cloud service provider’s database, with thieves making off with about $200 million in cryptocurrencies. MFA adds another layer of security by requiring multiple verification steps before granting access.

Security 114

Security Phishing Breach Audit 114