article thumbnail

Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. The need for digital security has never been more paramount than during the COVID-19 crisis.

article thumbnail

Shift4 Payments Rebrands 3dcart, Launches eCommerce Platform Shift4Shop

PYMNTS

The payment processor introduced contactless pay technology in June, called QR Pay , to allow businesses to let customers pay for goods by scanning QR codes on their phones. “As We developed QR Pay to provide a completely touchless payment experience that’s secure, safe, and convenient.”. “We

Payments 141
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fidor: How Cloud-Based Banking Helps With Compliance

PYMNTS

Consumers pivoting to online banking are also more concerned over the privacy and security of their data, especially as fraud volumes creep up —and financial regulators are taking notice. Banks are continuing their ongoing movement to the cloud even as data and security questions continue to grow. Around The Cloud Banking World.

article thumbnail

Shift4 Introduces Contactless QR Pay Tech

PYMNTS

Shift4 Payments calls its contactless technology QR Pay and says it won’t cost existing Shift4 clients extra to add the service. “As We developed QR Pay to provide a completely touchless payment experience that’s secure, safe, and convenient.”. trillion by 2027, according to a recent report by Grand View Research.

article thumbnail

China Creates National Cyberattack Database

PYMNTS

According to news from Reuters , the Ministry of Industry and Information Technology (MIIT), which is creating the platform, announced that companies and telcos – as well as government bodies – will be required to share information on cybercrime, including Trojan malware, hardware vulnerabilities and content linked to “malicious” IP addresses.

National 174
article thumbnail

Digitizing B2B Payments: Virtual Cards Save CFOs Invoicing And Payments Hassles

PYMNTS

Companies are seeking to update their AP approaches while also wrestling with budget pains due to the economic crisis and reconsidering how much they can afford to spend on technologies. percent from 2020 to 2027. Find more on these and all the rest of the latest headlines the report. Read more in the report. About The Report.

Cards 160
article thumbnail

How Toptal Seeks To Instill Freelance Marketplace Trust

PYMNTS

workforce by 2027. Martin Chikilian, vice president of talent operations for freelancing marketplace Toptal , observed that many software developers in Córdoba, Argentina, where he lives, work remotely for Silicon Valley and New York City technology firms, for example. Screening cannot be entirely left to technology, however.