Segpay

DECEMBER 13, 2024

These pioneering laws represent the first significant initiatives by governments to establish regulations that protect individuals’ data, aiming to give people more control over how their information is collected, processed, and stored. Fines for non-compliance can range from $2,500 to $7,500 per violation.

Privacy 105

Privacy Compliance CCPA Authentication 105

Seon

SEPTEMBER 11, 2023

As neobanks evolve, the one downside of their innovation is that it opens up many new methods of attack for fraudsters, such as identity theft, fraud rings, and account takeover attacks. Identity theft: Scammers can commit identity theft by using methods like phishing and vishing to impersonate genuine users.

Identity Theft 52

Identity Theft Money Laundering Account Takeovers Fraud Prevention 52

Stax

JULY 9, 2024

EFT payments have been around for many decades and have federal laws to protect the electronic transfer of funds. One such federal law is the Electronic Fund Transfer Act (EFTA) , which passed in 1978. Multi-factor authentication (MFA) is commonly used to verify the identity of users initiating EFT transactions.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

Segpay

DECEMBER 19, 2024

Instead of managing identity infrastructure in-house, businesses can leverage third-party identity providers that specialize in identity management, centralizing their user identities. Benefits of Adopting IDaaS Solutions Enhanced Security One of the primary benefits of IDaaS is the enhanced security it provides.

Verification 104

Verification Authentication MFA Compliance 104