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FTC Looking For Comments On Customer Privacy, Security Amendments

PYMNTS

The Federal Trade Commission (FTC) has requested comment on the proposed amendments of two rules that protect the privacy and security of customer data held by financial institutions (FIs). The Safeguards Rule, which went into effect in 2003, requires FIs to develop, implement and maintain a comprehensive information security program.

Security 151
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FinTech Payment Firm Nuvei Files IPO In Canada

PYMNTS

The Montreal-based payment technology company was valued at $2 billion at the close of 2019. If approved by the Canadian Securities Administrators (CSA), the country’s equivalent of the U.S. Securities and Exchange Commission, the stock would be listed on the Toronto Stock Exchange under the “NVEI” ticker. Nuvei Corp.

Payments 229
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Tech Firm Nuvei’s Potential IPO Could Be Biggest Of 2020

PYMNTS

Nuvei Technologies Corp. , the Montreal-based payment technology company, is planning to file an initial public offering (IPO) in the U.S. If Nuvei’s IPO gets the green light from regulators, it could be the largest Canadian technology IPO of 2020. technology IPOs. Among the companies that filed with the U.S.

Indiana 151
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Mastercard Selects New President For European Operations

PYMNTS

Barnett said in a statement on Monday (May 4) that Mastercard in Europe is a unique locale in that it is “the only true multi-rail payments technology company in Europe,” which puts it in a solid position to offer “simple and secure ways to pay and get paid.”. Mark brings with him a wealth of knowledge and experience.

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FTC seeks comment on proposed amendments to safeguards and privacy rules

CFPB Monitor

The FTC has proposed amendments to its 2003 Safeguards Rule and 2000 Privacy Rule, applicable to financial institutions under the Gramm Leach Bliley Act (GLBA). The proposed changes are informed by the FTC’s enforcement experience and are intended to keep pace with technological developments.

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ID Experts Light Up Portland

PYMNTS

Early in August, The Oregonian reported that a private equity firm had paid more than $50 million to acquire Tigard-based ID Experts, a cybersecurity firm founded in 2003. The capital Radar raised will be spent on technology, sales and marketing. A lot has been happening for a firm called ID Experts. Investments for 8.19.2016.

Portland 100
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Challenges to monetary policy: lessons from Medieval Europe

BankUnderground

Moreover, the national currency belongs to the people, and the state’s role is to regulate it to benefit the people. The French crown successfully engaged in repeated episodes of inflation-tax financing of wars ( Sussman and Zeira (2003) ). Universal acceptance is best achieved if it has a stable and publically known value.

Policies 114