VISTA InfoSec

JANUARY 9, 2024

Below, we present a meticulously curated list that highlights the transformations in requirements and test procedures from PCI DSS v3.2.1 Defined Approach Requirements and Testing Procedures 1.1.1 by reviewing documented procedures. by reviewing documented procedures. to PCI DSS v4.0: PCI DSS v3.2.1

PCI DSS 113

PCI DSS Procedures Authorization Security 113

VISTA InfoSec

OCTOBER 21, 2024

The SOC 2 (Service Organization Control 2) audit and attestation process is something that has been devised by the American Institute of Certified Public Accountants (AICPA) in order to ensure that organizations which provide services have secure procedures to govern data so as not to compromise the welfare of their clients.

Audit 135

Audit Compliance Procedures Best Practices 135

VISTA InfoSec

JANUARY 22, 2024

Requirement and Testing Procedures 3.2.a Requirement and Testing Procedures 3.2.a Requirement and Testing Procedures 3.1 Minimize cardholder data storage by implementing policies, procedures, and processes for data retention and disposal. Confirm this by examining data stores, system settings, and vendor documents.

PCI DSS 100

PCI DSS Encryption Procedures Authorization 100

VISTA InfoSec

JULY 17, 2024

Develop and implement policies and procedures Developing and implementing policies ensures everyone knows what to do to keep data safe, no matter the language they speak. Create a clear policy document that outlines every step of your cybersecurity plan.

Cybersecurity 231

Cybersecurity Compliance Encryption Best Practices 231

Nanonets

JULY 28, 2023

The modern business landscape is characterized by an overwhelming amount of information and documents that organizations must contend with. The global production, capture, copying, and consumption of data from various documents has been experiencing exponential growth. What is document workflow management? zettabytes.

Disaster Recovery 52

Disaster Recovery Automation Compliance Procedures 52

Nanonets

MARCH 28, 2023

Not only does OCR software eliminate the need for manual data entry, which can be both time-consuming and more prone to errors, but it can also help businesses easily search through large amounts of documents for specific information. The global document management systems market size is expected to grow from USD 5.55

Process 52

Process Automation Use Case Legal 52

VISTA InfoSec

JANUARY 29, 2024

b Conduct interviews with staff responsible for Requirement 5 to ensure that the roles and duties are allocated as per the documentation and are comprehended. a Review policies and procedures to confirm that it is mandatory for anti-virus software and definitions to be kept current. . -> 5.1.2.a evaluations.

PCI DSS 130

PCI DSS Phishing Best Practices Procedures 130

Nanonets

DECEMBER 22, 2023

  But today presents a range of document management challenges, no matter how far we’ve come. All these factors combine to make enterprise-level document management a tough nut to crack.  They’re collectively called electronic document management systems (EDMS). What is EDMS? 

Best Practices 52

Best Practices Security Risk Compliance 52

VISTA InfoSec

FEBRUARY 16, 2024

The requirement mandates that software development procedures must be documented and examined to ensure that all security considerations are integrated into every stage of the development process. This ensures a clear documentation trail of security practices. PCI DSS v3.2.1 PCI DSS v4.0 Requirement 6.5 is now 6.2.2. PCI DSS v4.0

PCI DSS 100

PCI DSS Procedures Best Practices Verification 100

VISTA InfoSec

MARCH 6, 2024

Testing Procedures Broad testing, looking at system settings, monitored files, etc. Testing procedures align with updated access language. Testing Procedures Review policies and procedures, observe processes, interview personnel. Similar emphasis on policies and procedures. Maintains the core concept. No changes.

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

Fintech News

FEBRUARY 14, 2024

In particular, the report notes that the widespread adoption of digital alternatives for mainstream trade finance documents has remained a major sticking point. This can help mitigate value chain disruptions and allow stakeholders to avoid losses caused by inadequate documentation during supply chain interruptions.

Finance 123

Finance Distributed Ledger Technology (DLT) Payment APIs and Integration Legal Framework 123

Bank Automation

AUGUST 20, 2024

AI-driven Zest Protect can help financial institutions fight identity fraud and identify fake documents during the loan procedure, Adam Kleinman, head of strategy and client success at Zest AI, told Bank Automation News. […]

Transactions 81

Transactions Credit Union Underwriting Procedures 81

Fintech News

OCTOBER 15, 2024

Over the last three months, Sumsub’s technology has helped HashKey address onboarding delays by automating its verification procedures for its 600,000 registered users. This shift from manual verification to an automated system has allowed HashKey to process user verifications more efficiently.

Verification 109

Verification Fraud Detection Money Laundering Compliance 109

Nanonets

NOVEMBER 29, 2023

Introduction In the fast-paced world of modern business, document approval processes are paramount. These processes, which encompass the review, modification, and finalization of documents, are critical in ensuring that business operations run smoothly and adhere to necessary compliance standards.

Automation 52

Automation Compliance Legal Process 52

Nanonets

JUNE 27, 2023

Traditional paper-based documents can be cumbersome to handle, store, and retrieve for businesses daily, leading to inefficiencies and productivity bottlenecks. Yet documentation and its management are integral to any company’s workflow. This is where document digitization comes into play. What is document digitization?

Product 52

Product Disaster Recovery Automation Compliance 52

VISTA InfoSec

JULY 31, 2023

Create a Formal Procedure : Establish a standardized process for restricting network access by configuring rules and criteria for your firewalls and routers. Maintain Documentation of Your Procedures : Keep a record of your process and create visual representations of cardholder data streams between systems and networks.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

Nanonets

JULY 11, 2023

To ensure the effectiveness of purchases controls, organizations must document and assess their control mechanisms through a comprehensive test of control. Evaluating the effectiveness of purchase controls requires thorough documentation and testing to ensure that they are designed appropriately and operating effectively.

Procedures 40

Procedures Audit Mitigation Assessments 40

PYMNTS

JANUARY 18, 2021

A recent study from employee-focused hiring and company review site Glassdoor reported that a positive onboarding experience boosts new-hire retention by 82 percent and productivity by 70 percent, but that only 12 percent of employees are satisfied with these procedures.

Verification 112

Verification Process Procedures Money Laundering 112

VISTA InfoSec

FEBRUARY 28, 2024

Specific Requirement - New: Rules for limited shared account use (duration, documentation, approval, auditability). Changes Core Focus Limiting database access to programmatic methods (apps, stored procedures) and database administrators. Interview those in charge: do these accounts follow these strict procedures?

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

VISTA InfoSec

FEBRUARY 21, 2024

The procedures and methods for limiting access to system components and cardholder data, based on a business’s need-to-know basis, are clearly outlined and comprehended. They were documented and had to be approved by authorized parties (7.1.4). Access wasn’t given out willy-nilly. Access isn’t just given out to anyone.

PCI DSS 130

PCI DSS Database Best Practices Procedures 130

Fintech News

JANUARY 17, 2024

This update is part of the company’s efforts to streamline its loan approval procedures. The revised process eliminates the need for uploading documents, waiting periods, and processing fees. Since its launch last July, the Trust Instant Loan has incorporated customer feedback, leading to several new features.

Debit Card 100

Debit Card Credit Limit Procedures Adjustments 100

Nanonets

NOVEMBER 7, 2024

is an Intelligent Document Processing (IDP) platform that harnesses the power of Large Language Models (LLMs) to extract data from any document with guaranteed accuracy.  Finding the right tool for document processing is like searching for the perfect key for your lock.  Why look for Super AI alternatives?

AI 52

AI Process Automation Volume 52

Nanonets

MAY 22, 2023

Financial controls are the procedures, policies, and means by which an organization monitors and manages its revenues, costs, budgets, cash flow, and other financial aspects. These documents provide a holistic view of your business's performance and operations. What are financial controls, and why are they important?

Automation 98

Automation Procedures Audit Process 98

PYMNTS

JUNE 26, 2020

That routine audit procedure could have uncovered the vast fraud at the suburban Munich company, the report said. Instead, EY relied on documents and screenshots provided by a third-party trustee and Wirecard itself, the newspaper reported. billion) in cash, the Financial Times reported.

Accounts 116

Accounts Audit Procedures Processors 116

Nanonets

JUNE 15, 2023

Introduction Documents are the lifeblood of business communication. They allow for the transfer of information, the tracking of decisions, the formalization of procedures, and the documentation of business transactions, among many other things. Why are Document Workflows essential?

Automation 40

Automation Payment APIs and Integration Audit Process 40

FICO

MARCH 24, 2021

Trade finance has traditionally been a resource-intensive manual process because global trade still depends on paper documents, making it susceptible to documentary fraud. Document, document, document! (In million SARs filed overall during the same period. Coordinate effectively with local resources, where possible.

Money Laundering 98

Money Laundering SARS Financial Crimes Fincen 98

VISTA InfoSec

OCTOBER 21, 2024

Develop and implement policies and procedures Developing and implementing policies ensures everyone knows what to do to keep data safe, no matter the language they speak. Create a clear policy document that outlines every step of your cybersecurity plan.

Cybersecurity 135

Cybersecurity Compliance Encryption Best Practices 135

Nanonets

MAY 10, 2023

This article will show how workflow management solutions can automate routine procedures, minimize repetitive jobs and operator mistakes, detect bottlenecks, and simplify communication across all departments. Workflows are used to define the procedure that is required before the task is considered complete. What is workflow automation?

Automation 98

Automation Rules Procedures Process 98

Synapse Payment Systems

JANUARY 3, 2023

An important part of any return procedure is collecting data on why customers are bringing the item back. Standardize Procedures While technology makes a difference, so do your employees. Having standardized and consistent procedures in place is vital for any small business.

Small Business 130

Small Business Audit Procedures Returns 130

VISTA InfoSec

OCTOBER 20, 2023

According to the Contingency Plan Policy in HIPAA section 164.308(a)(7)(i) , covered entities must “formulate and execute, as needed, guidelines and procedures to respond to emergencies or other incidents (like system failure, fire, vandalism, or natural disaster) that damage systems containing ePHI.” What is a Contingency Plan Policy?

Disaster Recovery 130

Disaster Recovery Regulatory Compliance Procedures Duplicate 130

PYMNTS

DECEMBER 8, 2020

. Traditional bank account opening methods have long involved visits to branches and face-to-face meetings with officials in which physical identification documents are presented. Proponents of these tools say they promote digital onboarding without requiring branch visits or paper documentation.

Online and Mobile Banking 84

Online and Mobile Banking Verification Procedures Process 84

PYMNTS

AUGUST 3, 2020

Melissa’s ID offering breaks down into three groups — an identity verification solution, a document verification offering and a biometric authentication service. Melissa is also currently working to enhance artificial intelligence, so its document identification can not only scan characters but actually start to “read” them.

Verification 90

Verification Authentication On-Demand Checks 90

The Finance Weekly

JULY 14, 2024

Key Components of a Long-Range Plan Organizational leaders often develop long-range planning documents to outline goals and procedures. These documents serve as valuable resources, enabling the leadership team to evaluate the plan's success.

Process 105

Process Finance Procedures Adjustments 105

Finovate

MARCH 13, 2024

Financial institutions already have processes, documentation procedures, and controls in place to comply with existing regulations. This could benefit both fintechs and banks for support in testing and launching their new AI use cases. Overall, the EU AI Act isn’t requiring anything outside of banks’ existing capabilities.

AI 111

AI Laws Fraud Detection Assessments 111

Fintech Review

JUNE 18, 2024

Common hedge fund back office tasks include trade execution, reconciliation to NAV calculations, investor reporting, preparing tax documents, and ensuring compliance with federal and state regulations. Standardize portfolio management procedures and segregate duties to minimize operational risk.

Reconciliation 98

Reconciliation Compliance Regulatory Compliance Best Practices 98

PYMNTS

DECEMBER 3, 2020

Kofax's solutions, the release stated, help to boost the speed and ease of processing financial documents and data, including automation of time-consuming manual work and easy ways to connect financial systems. The new solutions will go further toward transforming AP processes with automation.

Accounts 69

Accounts AI Automation Procedures 69

Payment Savvy

NOVEMBER 10, 2021

What is the skip tracing procedure? Typical sources include credit reports, court documents, our government/utility bills. As a result, there is no means to inform the consumer about the debt and offer them an opportunity to pay it off before it damages their credit score. Skip tracing is generally done in a series of steps.

Procedures 98

Procedures Checks Payment Solutions Addressing 98