EBizCharge

JULY 19, 2024

PDF forms generally can’t enforce role-based access control or multi-factor authentication (MFA), which are fundamental to PCI compliance. Yes, outsourcing payment processing to a PCI-compliant third-party service provider can help reduce your PCI scope and responsibilities. What happens if I’m not PCI compliant?

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

Global Fintech & Digital Assets

DECEMBER 11, 2023

Covered entities’ incident response plans must also expressly address procedures for recovery from backups, root cause analysis, evaluation of business impact, and prevention of recurrence of incidents. Certification A covered entity’s CISO and highest-ranking executive must annually file a notice of compliance with the DFS.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

EBizCharge

JULY 16, 2024

Risk management Financial institutions and third-party service providers must construct and execute a risk-based approach to detect and prevent fraudulent ACH transactions. This harmonization allows for more straightforward navigation and understanding of the required audit procedures.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

Basis Theory

OCTOBER 1, 2024

Third-Party Service Provider ( TPSP or "service provider") refers to an entity other than the Merchant, Acquirer, or Issuer involved in storing, processing, or transmitting card data. PCI additionally outlines requirements for user management procedures and rules.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88