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Everything You Need to Know About Secure Payment Processing Systems

Stax

Examples include the General Data Protection Regulation (GDPR) in the European Union and the Gramm-Leach-Bliley Act (GLBA) in the United States. To decrypt the ciphertext and retrieve the original plaintext, the recipient uses the same algorithm but with the decryption key. How Do Secure Payment Systems Work?

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Spinning Raw Data Into Synthetic (Revenue) Gold For FIs

PYMNTS

Koch explained that synthetic data is a fake data set that “doesn’t have any risk to the raw data set, yet it retains data accuracy of the original data set.”. In short, concerns with GLBA, GDPR , PCI, reputational and headline risks tied to raw data can literally “all go away with the use of synthetic data.”.

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