NORTH CANTON, Ohio-Diebold outlined the following steps to PCI data security compliance:1. Install and maintain a firewall configuration to protect cardholder data2. Do not use vendor-supplied defaults for system passwords and other security parameters3. Protect stored cardholder data4. Encrypt transmission of cardholder data across open, public networks5. Use and regularly update anti-virus software6. Develop and maintain secure systems and applications7. Restrict access to cardholder data by business need-to-know8. Arrange a unique ID to each person with computer access9. Restrict physical access to cardholder data10. Track and monitor all access to network resources and cardholder data11. Regularly test security systems and processes12. Maintain a policy that addresses information security
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Executives at three regional banks that are participating in a tokenized-deposit network discussed how they are retooling their risk practices to fit always-on conditions.
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During a court hearing Tuesday, appellate judges expressed skepticism about a Colorado effort to cap the rates on consumer loans that out-of-state banks make to Coloradans.
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The Securities and Exchange Commission kicked off rulemaking intended to make it easier for crypto firms to raise money without having to go through the full securities registration process.
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Eight pleaded guilty in an $11-million scheme that changed or invented business registry records, then opened accounts as the payee at about 30 institutions.
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With recent changes to tax law, non-grantor trusts have become attractive vehicles for gaining tax efficiencies, such as when making charitable contributions.
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The stablecoin technology firm and about two dozen companies have joined to standardize authorization and other risk management for agentic commerce.
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