The Arkansas List of FSR/APES (Financial Services Regulatory and Arkansas Payment System Security) is a list of requirements and standards developed by the Arkansas Department of Finance and Administration (DFA) to ensure the security and integrity of the state’s payment system. The list includes standards for authentication, authorization, encryption, data security, auditing, and reporting. The Arkansas List of FSR/APES applies to all organizations, vendors, and service providers that handle or process payments made to or from the state of Arkansas. It includes two main types of standards: the Financial Services Regulatory (FSR) requirements and the Arkansas Payment System Security (APES) requirements. The FSR requirements cover areas such as authentication, authorization, encryption, and auditing. The APES requirements cover data security, reporting, and other aspects of payment processing.