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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

Working with payments orchestration providers can help firms like these address their systems’ security flaws by taking on the compliance burden. They can also provide the resources and expertise needed to meet PCI compliance and allow firms to focus on their own core competencies. percent over the next seven years.

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Fidor: How Cloud-Based Banking Helps With Compliance

PYMNTS

Many financial institutions (FIs), especially online-only entities, moved their digital banking infrastructure to the cloud years ago to prepare for a rising crop of digital users, but the pandemic’s impact goes deeper. How The Pandemic Is Shifting Banks’ Understanding Of Clo ud Compliance. 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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Amazon India Claims Fairness In Seller Relationships

PYMNTS

The All India Online Vendors Association (AIOVA), which represents more than 3,500 online sellers, filed an antitrust complaint last week with the Competition Commission of India ( CCI ). It is expected to reach $70 billion in GMV and $11 billion in net sales by 2027.

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India’s Snapdeal On Board With New eCommerce Rules

PYMNTS

Snapdeal Chief Executive Kunal Bahl wrote in the letter that the current timelines for foreign companies to meet the new rules are “adequate for compliance,” noting it has updated its tech processes and expects to comply on Feb. Both want a piece of the growing eCommerce pie in the country as more people embrace online shopping.

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

PYMNTS

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

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Legacy Banks Embrace APIs To Counter Competitive Cycle

PYMNTS

Blockchain is projected to own 10 percent of global GDP by the year 2027. cards in their wallets, and that the average email address is associated with more than 130 online accounts. . Blockchain Disruption . Switch, Inc., Switch, Inc., The company cites data showing that the average consumer carries 3.2 B2B Card Payments .