Password Security for Fintech: PCI-DSS, Open Banking, and API Keys
Fintech companies handle payment data, banking APIs, and customer credentials. Here is the compliance and security architecture that covers all three.
Password Security for Fintech
Fintech companies handle payment data, banking APIs, and customer credentials. Here is the compliance and security architecture that covers all three.
This guide covers the key concepts, practical steps, and common mistakes to avoid when addressing this aspect of password security.
Best practices
- Use a dedicated password manager for all credentials
- Enable multi-factor authentication wherever supported
- Use unique passwords for every account
- Regularly audit accounts for breached credentials
- Generate passwords with a cryptographically random generator like PassGeni
How PassGeni helps
PassGeni addresses this challenge directly through its AI-seeded generation engine. Passwords are created client-side using JavaScript's crypto.getRandomValues() API โ no data ever leaves your browser.
The Password DNA Score provides a 7-point quality audit so you know exactly how strong each generated password is before you use it.