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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. billion by 2027, propelled by a compound average growth rate (CAGR) of 25.7

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The Historic Push For PPE

PYMNTS

billion in annual spending on PPE projected by 2027. Procurement of PPE at the company level is often a sizeable B2B purchase, which are still surprisingly paper-based, lacking in both speed and transparency. “In the last few months, we’ve seen companies focus on selling goods and buying inventory online.

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Mercari Teams With Line For Payments; Telco M1 Connects With DISA For eWallet Protection

PYMNTS

Online marketplace Mercari and chat company Line have teamed up for mobile payments amid strong competition in the cashless payment space in Japan, Nikkei Asian Review reported. The government is now aiming to double the rate of cashless payments by 2027 to 40 percent.

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The CFPB section 1071 effective date

Abrigo

This means that in addition to banks and credit unions, other lenders subject to the rule’s mandates are finance companies, online lenders, Community Development Financial Institutions (CDFIs), government lenders, and nonprofit lenders. This 2026 data needs to be reported to the CFPB by June 1, 2027. What is a covered transaction?

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Legacy Banks Embrace APIs To Counter Competitive Cycle

PYMNTS

In a new report, Renee Schuurman, global market manager of Citi ’s channel services division, makes an argument that by using application program interfaces (APIs), traditional banks are able to disrupt the marketplace by developing highly scalable solutions, and not fall victim to being disrupted themselves by new entrants. Switch, Inc.,

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Are Mobile Payments Finally Ready To Ignite In Japan?

PYMNTS

And insofar as they shopped online, cards (credit and debit) were preferred by nearly three-quarters of respondents. credit card and 10 percent with other types of credit cards. Mobile wallets register — with a little over 3 percent of consumers reporting use, decisively beaten out by cash-on-delivery ordering (12.5

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