CB Insights

NOVEMBER 11, 2021

Drata , a compliance-as-a-service provider, has raised $100M in a Series B round. California-based Drata helps companies automate their security and compliance processes. The company’s platform continuously monitors and collects data on client security controls and workflows to enable audit readiness.

Compliance 53

Compliance Security California Capital 53

PYMNTS

SEPTEMBER 24, 2020

Staying abreast of these various compliance shifts can be costly and challenging for banks, but doing so is necessary to ensure that financial institutions’ (FIs) operations can run smoothly and ward off cyberattacks. Compliance, Cybercrime And The Cloud . Failing to secure such information could open up FIs to fraud.

Compliance 151

Compliance Fraud Regulation Security 151

Independent Banker

DECEMBER 31, 2022

The FDIC issued guidance about the consumer compliance risks associated with assessing NSF arising from the re-presentment of the same unpaid transaction. Quick Stat. The FDIC’s long-term goal for the reserve ratio of insured deposits. Source: FDIC. Multiple re-presentment fees. Evolving risks. An NPR is due in 2024 or before. Data privacy.

Compliance 100

Compliance FDIC Community Bank Community 100

PYMNTS

OCTOBER 2, 2018

Tanium, which provides organizations with an IT security platform, raised $200 million from Wellington Management, Baillie Gifford & Company and Adage Capital Management, pushing Tanium’s valuation up to $6.5 According to reports, Tanium addresses security friction within businesses caused by a disparate security strategy.

Security 134

Security California Data Management 134

CFPB Monitor

FEBRUARY 13, 2020

On February 7, 2020, the California Attorney General’s (AG) Office released modifications to the proposed regulations to the California Consumer Privacy Act (CCPA). Overall, the modifications provide helpful clarifications that should lessen compliance burdens for a number of industries. Define Reasonable Accessibility.

California 78

California Regulation Compliance Guidelines 78

CFPB Monitor

OCTOBER 14, 2019

The California Attorney General’s Office released its long-awaited proposed CCPA regulations last week. respond to consumer requests to access or delete household information; respond to requests to opt-out; respond to requests to opt-in after consumers exercise their right to opt out of the sale of personal information; and.

California 60

California Regulation Exercises Compliance 60

PYMNTS

JUNE 29, 2018

The state of California passed a new digital privacy law that provides consumers with more transparency and control over their digital data. While technology and businesses in California weren’t in support of the bill, they didn’t attempt to prevent it because the ballot initiative was even tougher, noted The New York Times.

California 100

California Data Online New York 100

American Banker

SEPTEMBER 29, 2023

The Golden State appears poised to preempt the Securities and Exchange Commission by enacting rules that would require larger firms to make detailed disclosures about their greenhouse gas emissions. Banking groups are concerned that the state regime won't align with federal rules.

California 68

California Report Groups Security 68

CFPB Monitor

DECEMBER 8, 2022

Coupled with this addition is a breach notification exception for businesses that are (1) subject to and (2) in compliance with HIPAA’s privacy and security standards. This amendment also brings Pennsylvania law into alignment with other states, such as California, that have a similar definition of personal information.

Pennsylvania 78

Pennsylvania Data California Compliance 78

PYMNTS

JUNE 17, 2019

This presents problems for developers, who need to make sure that their products run both smoothly and securely. Developers keen on addressing these concerns must carefully consider how to design and connect their devices to provide reliable, secure performance. Should customers be responsible for their own security? .

Security 142

Security Michigan Operations User Experience 142

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

Data 91

Data How To Community Bank California 91

PYMNTS

DECEMBER 2, 2020

The San Mateo, California-based company said the new license would aid its expansion efforts and ensure that it can “provide a secure electronic wallet.”. PingPong is truly going global, with compliance and security placed at the heart of everything we do,” added Wang.

Fintech 158

Fintech San Francisco New York California 158

PYMNTS

NOVEMBER 6, 2018

PCI compliance is vitally important for businesses that process credit cards. The standards put forth by the PCI Security Standards Council – the PCI Data Security Standards – offer a framework for ensuring data security, and they must be followed in order to avoid fines and other penalties. Gearing up for GDPR.

Compliance 179

Compliance Data Security eBook 179

PYMNTS

NOVEMBER 6, 2019

Some SCA compliance questions are easier to answer than others. SCA and its impact on security and data privacy may not be limited to the EU, as more countries — and even states — begin to implement new privacy and payment rules of their own. Keeping Transactions Seamless As Security Needs Evolve. About The Tracker.

Compliance 111

Compliance Regulation California Online 111

PYMNTS

MARCH 2, 2020

That program is detailed in the February Tracker, as are efforts including the California Consumer Privacy Act (CCPA). Depending on amendments to the California law (which is being used as a model elsewhere), credit unions’ non-profit status may insulate them from certain penalties associated with data breaches.

California 130

California Fraud Pennsylvania Community 130

PYMNTS

OCTOBER 3, 2019

In addition to an eCommerce platform enabling cannabis businesses to legally procure inventory, Dama Financial will facilitate compliance financial transactions between B2B vendors and merchants. Amercanex will give these business owners the opportunity to maintain and grow their business operations online in a secure and legitimate way.”.

Compliance 130

Compliance Industry California Taxes 130

CFPB Monitor

NOVEMBER 8, 2021

The California Department of Financial Protection and Innovation has published a fourth round of modifications to implement SB 1235 , the bill signed into law on September 30, 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans and merchant cash advances.

CA 78

CA Regulation California Compliance 78

CFPB Monitor

MAY 4, 2022

California, of course, passed the California Consumer Privacy Rights Act (CPRA) via ballot initiative in 2020. Data Minimization and Security. No other state has yet required companies to recognize global opt out signals, although California may effectively do so via rule making. Contractors and Sub-Contractors.

Connecticut 148

Connecticut Utah Colorado California 148

PYMNTS

FEBRUARY 28, 2020

Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. At least two local CUs — First Choice Federal Credit Union and Inspired Federal Credit Union — even filed class-action lawsuits against Wawa for not adhering to best security practices.

Data 131

Data California Security Pennsylvania 131

PYMNTS

APRIL 2, 2019

Last month, the company secured $2 million in funding from Canopy Rivers, with the option to secure an additional $6 million from the company, while Canopy obtained an 18 percent stake in the firm as well.

Fintech 176

Fintech Compliance Industry California 176

PYMNTS

DECEMBER 30, 2020

Another provision of the deal requires that the Los Angeles, California company keep updated compliance and ethics procedures to stop cybercrime. The deal resolves the five criminal counts including wire fraud, conspiracy and computer intrusion. Further, Ticketmaster will have to report to the U.S.

Los Angeles 223

Los Angeles Fraud New York California 223

PYMNTS

OCTOBER 31, 2018

The latest to secure venture capital is WAYV , a procurement platform designed for the legal cannabis industry. “As California moves to a regulated and licensed system, there is a long tail of retailers and brands in the industry that need to be connected,” said Craft Ventures Co-founder David Sacks in a statement.

Retail 122

Retail Compliance blockchain Branding 122

CFPB Monitor

AUGUST 12, 2021

The law contains exemptions and carve-outs for, among other things, depository institutions, financings of more than $500,000, closed-end loans with a principal amount of less than $5,000, and transactions secured by real property. Comments on the second modifications must be submitted to the DFPI by August 24, 2021.

CA 78

CA Regulation California New York 78

PYMNTS

JUNE 9, 2020

Rising frustration over online payment transaction limits , security and data privacy have begun to crop up now that consumers and merchants are settling into the new normal, showcasing just how rapidly the banking world is changing. Data privacy and security standards are critical for regulators to address in regions such as the U.S.,

Regulation 132

Regulation Online California Regional 132

PYMNTS

OCTOBER 24, 2018

and in the wake of GDPR, which of course took effect in May, there exists the California Consumer Privacy Act of 2018, known colloquially as CCPA. There are monetary penalties involved in the event that data is used in non-compliance with laws. Here in the U.S., The law is de facto legislating the country anyway.”

Data 122

Data US California Guidelines 122

PYMNTS

AUGUST 14, 2020

Oracle, the California-based software maker, advertises that its Data Cloud and BlueKai Marketplace provides customers with access to 2 billion consumer profiles. Oracle has no direct role in the real-time bidding process, has a minimal data footprint in the EU, and has a comprehensive GDPR compliance program,” Daley said.

San Francisco 195

San Francisco Software Data California 195

CFPB Monitor

APRIL 14, 2021

The California Department of Financial Protection and Innovation (DFPI) has issued modifications to its proposed regulations to implement SB 1235, the bill signed into law on September 30, 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans and merchant cash advances.

CA 78

CA Regulation California New York 78

CB Insights

MARCH 1, 2022

Secureframe , a security and compliance software provider, has raised $56M in a Series B round that drew participation from Accomplice, Gradient Ventures, and Soma Capital, among others. California-based Secureframe helps companies automate SOC 2, ISO 27001, PCI DSS, and HIPAA compliance processes. Want the full post?

Compliance 12

Compliance Software Security California 12

PYMNTS

MARCH 3, 2020

While some trucking firms have opted to avoid compliance issues by nixing use of these professionals entirely, there is another avenue the industry is taking: independent owner-operators can become their own standalone fleet companies to continue working with large trucking companies. Easing The Transition With Technology.

California 137

California Operations Industry Management 137

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. based B2B software-as-a-service and data solutions provider focusing on supporting corporates’ compliance and anti-fraud efforts.

Fintech 188

Fintech Capital Security Fraud 188

Perficient

JULY 16, 2020

In addition, GDPR mandates security of the data. Other personal information has been catching up with Europes GDPR and California’s CCPA laws. The verge reports on a new ruling from the EU that will change how or even if personal data from Europe can enter the United States.

Data 309

Data United States California US 309

PYMNTS

SEPTEMBER 30, 2020

The ongoing COVID-19 pandemic is accelerating this shift, making financial institutions (FIs), merchants and their regulatory officials race to secure these new digital users. The pandemic has refocused scrutiny on the open banking ecosystem’s privacy and security. 1 to adjust their standards in compliance.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

OCTOBER 11, 2019

Targeting the middle market and large corporates, the company provides data analytics automation for fleet managers to obtain a holistic overview of operations, including mileage, damage, compliance, lease costs and more. challenger bank Tide secured $54.3 We believe this is one of the largest Series B rounds ever secured by a U.K.

Capital 169

Capital California Analytics Management 169

PYMNTS

JULY 15, 2020

That’s bureaucratic code for “Regulators will be checking on ‘Know Your Patient’ (KYP) compliance in the near future.” With the sudden, meteoric growth of telehealth applications, digital “Know Your Patient” compliance is now something you need if you touch any medical data at any stage. They should. Healthcare providers in the U.S.

Data 146

Data Compliance Regulation Meeting 146

PYMNTS

NOVEMBER 7, 2019

PSPs face complexities when building secure, satisfactory payment experiences for European customers, as countries’ approaches to implementing SCA requirements differ. Merchants in California, for example, are bracing as the state prepares to launch its California Consumer Privacy Act (CCPA), due to debut in January.

Regulation 123

Regulation Survey California Retail 123

Payments Source

JULY 10, 2018

When GDPR went into effect in May, it was expected that the European law would touch a lot of U.S. payment companies because of their international scope. Now it's clear that even purely domestic U.S. firms will have to adhere to some version of the data-privacy law.

California 70

California Data Payments Company 70

PYMNTS

MARCH 30, 2020

To that end, Chief Information Officer Dave Stafford and Chief Information Security Officer David Bryant of PSCU , a credit union service organization, told PYMTNS that trust and collaboration are key among the efforts to protect consumers. CUs can examine their strengths and weaknesses against CUs of the same size and see how they compare.

Tools 143

Tools Fraud Data Security 143