Remove Boston Remove Management Remove Regulation Remove Security
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Fed Task Force Releases Payment Lifecycles And Security Profiles

PYMNTS

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

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Merchants Ready For Open Banking — And Its New Laws — To Impact US Rollout

PYMNTS

the Federal Reserve Bank of Boston said, “To date, U.S. regulators have taken a more hands-off approach by issuing non-binding guidelines, thus allowing industry stakeholders to pave the way forward. This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K.

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Boston Fed Takes On Cyber Risks, FinTech Competition

PYMNTS

Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today. However, this rapid evolution generates risks,” Rosengren said.

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Top News In Payments: Brex Unveils Management Account; Saga Teams With Marcus For Savings Accounts

PYMNTS

Today in the payments news roundup, FinTech startup Brex is launching a business cash management account to take the place of traditional business bank accounts. Brex is rolling out a business cash management account to take the place of traditional business bank accounts. Malaysia Regulators Want To Slap Grab With $20M Fine.

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EU Businesses Ready For Major Money Moves Ahead Of Brexit

PYMNTS

banks, though reports warned that there is not yet clarity on how Brexit will affect EU corporates’ financial product management. As the publication explained, financial regulations that apply to the city of London may no longer be in effect as soon as March, depending on ongoing Brexit negotiations.

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Revving The Engine For Digital Licenses

PYMNTS

In an interview with PYMNTS, CEO and Founder of Reviver Auto Neville Boston said that for the firm, which traces its genesis to 2009, the “initial thought process was simplifying the registration process. The conversation, as it often does with technology, turned to security. Beyond the technology and the plate lies concept.

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How can bank boards respond to increased regulatory scrutiny?

Abrigo

A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning their focus toward bank boards. These smaller banks have also seen new, and more frequent, attention from regulators. How is the management of risk overseen? The full board?