No thanks, stay here.  

  We notice you are visiting from a U.S. Internet provider. Switch to our U.S. website.

Industry News

Keeping business bank accounts safe and secure

By Joseph Trigliari

11/10/2011 - The internet has provided consumers with many new and convenient ways to access their account information, but these advances have also created the need for thorough security measures.

To best protect against threats while still utilizing the most up-to-date technology, business owners can take a number of steps, according to AllBusiness. First, a strong password can keep bank information protected. The most difficult passwords to crack are those that combine lower and uppercase letters, numbers and other characters. Additionally, the password used for online banking should not be used anywhere else, says the website.

Technology upgrades are not just about obtaining the latest and greatest tools. Often, software and device updates are necessary to make sure a business owner has the most up-to-date security in place.

Merchants rarely run businesses entirely by themselves, so entrepreneurs should always be cognizant of which employees and contractors have access to secure information. Business owners should remember to keep bank account information private and require all employees to use individual log-ins to work on company devices. This will allow merchants to track down where a security breach may have taken place and who may be responsible. 

Related News - Security and Fraud

Study: PCI compliance a no-brainer among Level Four merchants

10/01/2012

A recent survey by research firm Gartner found nearly one-fifth of retailers and credit card processing services are not compliant with Payment Card Industry Data Security Standards.

Full Article

Tracking spending can be made easy with credit cards

06/12/2011

Many people feel that plastic payment processing options can lead to overspending, but a recent article published by Forbes explains that making payments with credit cards is actually a great way to control costs and track expenses.

Full Article

Personalized payment chips get fraud prevention upgrade

10/10/2011

Payment chips made by Fiserv will now be further personalized using the Europay MasterCard Visa (EMV) standards, a global credit card payments technology that helps prevent fraud from lost, stolen or counterfeit cards.

Full Article

Merchants must still process checks

07/10/2011

Although an increasing number of consumers are paying with credit cards and mobile devices, and some still prefer to use the tried-and-true method of cash, there are others who pay with personal checks.

Full Article