The Paypers

JANUARY 25, 2021

Australia’s securities regulator ASIC has declared a cybersecurity breach at a server it used to transfer files including credit licence applications, according to Reuters.

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PYMNTS

JANUARY 26, 2021

“The main objective of this project launched together with WizKey is to support banks in managing credits, especially non-performing ones, in a standardized and secure manner in line with the indications of European regulators,” said Daniele Savarè, director of Innovation & Business Solutions at SIA, in the release.

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PYMNTS

JANUARY 28, 2021

With 6 in 10 financial institutions (FIs) turning to digital channels for customer acquisition and the mobile experiences those customers now expect, digital-first banking is much on the minds of consumers, regulators and, most assuredly, bad actors. Quick And Seamless Security. It’s a situation demanding action.

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PYMNTS

JANUARY 24, 2021

At least at first, the regulations place requirements only on larger companies. Hutheesing told PYMNTS in August: “It is without doubt that this would help fraud mitigation and achieve higher secured environment. India uses its Invoice Registration Portal to track business activity and ensure compliance with tax laws.

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PYMNTS

JANUARY 29, 2021

In this week's news, we saw Quevos secure funding, new data on loyalty and rewards programs, and research on how nonprofits are using digital payments. Quevos recently secured an approximately $400,000 investment on the ABC TV reality show “ Shark Tank ” from the inventor of Kind Bars, Daniel Lubetzky.

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PYMNTS

JANUARY 25, 2021

Last week marked the third anniversary of PSD2 , the regulation that launched open banking in the U.K. Building on top of the open banking infrastructure, PayDirect is a new payment method that enables companies to take online payments in a highly secure way, and also pay out to customers through the same rails. and Europe.

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PYMNTS

JANUARY 26, 2021

Wider adoption will be driven, in part, by regulatory frameworks that enhance security and foster trust in using cryptos in everyday commerce. And [regulators] will have to allow us to report, consolidate and collect this information — and be able to report it to the authorities and regulatory bodies that need it.”.

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