Remove 2027 Remove Compliance Remove Management Remove Security
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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. The need for digital security has never been more paramount than during the COVID-19 crisis.

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Fidor: How Cloud-Based Banking Helps With Compliance

PYMNTS

Consumers pivoting to online banking are also more concerned over the privacy and security of their data, especially as fraud volumes creep up —and financial regulators are taking notice. Banks are continuing their ongoing movement to the cloud even as data and security questions continue to grow. Around The Cloud Banking World.

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The CFPB section 1071 effective date

Abrigo

But compliance deadlines are tiered. However, compliance deadlines for affected financial institutions are tiered so that small business lenders originating the most transactions begin reporting data earlier than less active small business lenders. 1, 2024, is the earliest compliance deadline.

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Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up

PYMNTS

Recent data shows that thwarted attempts to get one security solution’s users to visit malicious, video game-themed websites rose 54 percent from January to April. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters . billion in the U.S.

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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.,