PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. “We regret that this incident occurred and take the security of your personal information seriously,” said Cognizant Chief People Officer Becky Schmitt in a letter sent to employees and regulators. .

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Cards Innovation Tools Capital 131

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

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

PYMNTS

MAY 4, 2017

Then, companies working to develop the technological means for cars to drive themselves have levied more than a few criticisms against proposed regulation changes in the state of California. Apple, for one, is hoping that California will work to toughen some of its current self-driving road test policies. sales operations.

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California Policies Company Apple 100

BankInovation

MARCH 10, 2023

Silicon Valley Bank was taken over by regulators today following a week of abnormality that included a sale of securities on Wednesday, capital raising efforts on Thursday and a stock plummet of nearly 70% this morning.

California 52

California Data Capital Regulation 52

PYMNTS

MAY 24, 2019

It has also raised concerns among privacy advocates and security experts, with many warning against the dangers of weak security protocols and constant vigilance. As the use of IoT devices grows, security concerns are continuing to plague the industry. Can Device Manufacturers and Governments See Eye to Eye on IoT Security?

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California San Francisco Charlotte Security 188

PYMNTS

JANUARY 2, 2020

These financial institutions ( FIs) have recognized how this regulation has affected the EU financial ecosystem, and they have passed that familiarity onto the merchants and payment providers that work with them. Around the Data Protection and Security World. and Turkey. Several other countries are following its lead, such as the U.S.,

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Regulation California Regional Fintech 131

PYMNTS

JANUARY 13, 2020

A California CFPB? News came, too, that in California, Governor Gavin Newsom is unveiling plans to create a Consumer Financial Protection Bureau (CFPB) at the state level, which, according to reports, would overhaul the existing Department of Business Oversight.

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Data social media Regulation California 131

PYMNTS

JANUARY 29, 2020

The government’s policy and its regulations should be well known before enforcement happens, the policy said. If an agency intends to enforce its laws in new and innovative ways, it must first notify industry stakeholders of its intent to do so and the way in which existing law applies,” it said. Tanvi Ratna, CEO of Policy 4.0,

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Bitcoin Regulation blockchain Delaware 132

PYMNTS

JULY 10, 2020

The end goal: to speed innovation toward new products and services while keeping fraudsters out. Regulation Vs. Market Forces. The need for both innovation and security comes at a time when open banking is gaining a foothold in the United States due in part to the pandemic. The Pandemic Is Speeding Innovation Up.

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Data Innovation Fintech Illinois 272

PYMNTS

SEPTEMBER 26, 2018

California Attorney General Xavier Becerra and San Francisco District Attorney George Gascón announced on Wednesday (Sept. In a press release , the two AGs said the settlement also covers charges that Uber violated reasonable data security laws with its 2016 breach of driver and customer information.

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San Francisco District of Columbia Data California 172

PYMNTS

SEPTEMBER 24, 2020

Twenty-two percent of American consumers state that they have been targeted by COVID-19-related fraud attempts since the pandemic’s onset, for example, leading financial authorities to work toward keeping consumers’ data more secure by changing how it is stored. Failing to secure such information could open up FIs to fraud. EU and U.K.

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Compliance Fraud Regulation Security 151

CFPB Monitor

NOVEMBER 29, 2021

The California Department of Financial Protection and Innovation (DFPI) is seeking comments on a proposed rulemaking under the California Consumer Financial Protection Law (CCFPL). Comments must be submitted by December 20, 2021. Student debt relief. Education financing. Wage-based advances.

CA 78

CA California Regulation Innovation 78

PYMNTS

FEBRUARY 28, 2020

PYMNTS’ Credit Union Innovation Index found 65 percent of CU members chose credit unions as their primary financial institutions (FIs) because they trusted them, compared to 45 percent of non-CU members who said the same. Third-party incidents are difficult for CUs, as they do not have direct control over outside security practices.

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Data California Security Pennsylvania 131

PYMNTS

MARCH 17, 2017

But on the second day of Innovation Project 2017, eyes were beyond Beantown and cast toward the world at large. The movement toward financial inclusion, and toward a consumer experience that is seamless and intuitive and secure, is one that brings companies to share process and perhaps even prosperity. Connectivity and Collaboration.

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Innovation Lending Boston Security 103

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Will Chinese Authorities Force Ant To Restructure? . A Growing Crackdown .

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US Regulation Groups System 168

PYMNTS

OCTOBER 24, 2018

When it comes to data privacy, it’s not all about General Data Protection Regulation (GDPR), and it’s not all about Europe. 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. Here in the U.S.,

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Data US California Guidelines 122

PYMNTS

DECEMBER 27, 2020

The update will help to alleviate a common issue with bitcoin in that there were few user-friendly, secure methods to buy, sell and use cryptocurrency in general. He said he wanted the city to be the "vanguard" of innovation for crypto. The new partnership will do well for the mass-adoption of crypto, the company anticipates.

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Bitcoin Miami cryptocurrency ATM 254

PYMNTS

JUNE 26, 2019

Regulations can build trust and goodwill, though. That’s one of the biggest discussions right now in open banking — the security and liability issue,” Zachariadis said. GDPR and PSD2 have been an inspiration toward open banking and data protection regulations beyond Europe’s borders. Roughly one-third (36 percent) of U.K.

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California Regulation Fintech Data 109

Independent Banker

JULY 31, 2022

Locality Bank, a digital-first community bank serving south Florida that opened in January, is run by industry veterans with such successful track records that regulators signed off on their application for a charter in less than a year. Location: Fort Lauderdale, Fla. That’s no small feat for any de novo, especially during a pandemic.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

NOVEMBER 7, 2019

Earlier studies found a surprising lack of both consumer and merchant awareness about the European Union’s Strong Customer Authentication (SCA) and second Payment Services Directive ( PSD2 ) regulations. Post-SCA deadline, a lack of readiness persists. Challenges in the EU and Beyond. That isn’t the case, however. The Benefits of SCA

Regulation 123

Regulation Survey California Retail 123

PYMNTS

JULY 31, 2017

The Tracker is a bimonthly report showcasing the most significant developments reshaping the credit union market, with attention paid to the biggest partnerships and acquisitions in the industry, notable tech innovations and the shifting regulations that could drastically change how these institutions operate.

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Report Innovation Regulation National 114

PYMNTS

JUNE 1, 2020

As Ingo Money’s Edwards said, there’s been very little innovation for decades on the disbursement side of payments. The questions revolving around security will necessarily move beyond simply focusing on the transaction and will force merchants, issuers and others to examine whether consumers are who they say they are.

Payments 172

Payments Fraud Security Technology 172

PYMNTS

OCTOBER 14, 2019

As the digital economy grows, you can bet that crowdsourcing will become an even bigger part of innovation and disruption, along with hiring and investment — all of which will serve to help build only new companies but vital digital infrastructure. One big recent example in favor of such points comes from Goldman Sachs.

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Training United States Innovation California 187

PYMNTS

MARCH 30, 2020

California Consumer Privacy Act (CCPA), Washington Privacy Act (WPA) and other new privacy and online transaction standards are changing how businesses interact with consumers’ data in the U.S. Questions on how to keep data secure are expected, but those regarding usage transparency or which elements they can access are somewhat new. “We

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United States Retail Customer Experience Data 131

PYMNTS

OCTOBER 25, 2019

The California Consumer Privacy Act looms, taking effect at the beginning of 2020. Across the pond, the General Data Protection Regulation ( GDPR ) took effect in May of 2018. Yet, the regulations are still evolving, and differ depending on where one looks. Can data be harvested … with decency?

Data 102

Data Survey Compliance Examples 102

PYMNTS

JUNE 19, 2019

To stay competitive, many CUs are turning to data analytics to improve their operations in a number of areas, such as faster transactions and improved security. In other security news, CU blockchain developer CULedger has partnered with enterprise software firm R3 to develop blockchain-based, electronic funds transfer (EFT) system CU Pay.

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Analytics Video blockchain Training 131

PYMNTS

FEBRUARY 21, 2018

Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months. Financial regulators may want to begin looking at not only regulating blockchain, but how blockchain can help in their own regulatory efforts — in this case, to ensure proper safeguards and controls in the banking sector.

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blockchain Los Angeles Regulation Oregon 130

PYMNTS

JULY 27, 2018

solidified their reputations as having progressive views on data security and ownership with the PSD2 and GDPR regulations that came into effect earlier this year. That doesn’t mean enhanced data privacy, security and sharing aren’t in the cards for the nation’s financial services space, though. ” U.S.

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Data US Trends California 102

PYMNTS

SEPTEMBER 18, 2020

The firm, in addition to KPMG, EY and PwC, had been cautioned by regulators that their companies had to break off their consulting divisions from their audit arms. Epic Games indicated that the California-based tech firm has provided an extension without an end for fans to get into the survival game. In the U.S.,

Fraud 141

Fraud Apple California Innovation 141

PYMNTS

DECEMBER 29, 2017

Add to that major wildfires in California. Forecast: Climate changes could leave the Caribbean and southern United States vulnerable to hurricanes, while continued building in high-risk fire areas will leave some parts of California vulnerable to large blazes. It will be important for planners everywhere to have contingency plans.

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United States Alaska Meeting California 123

PYMNTS

JUNE 13, 2019

AI can also ensure bank activities are compliant with regulations and anti-money laundering (AML) standards, keeping banks out of legal hot water. BNY Mellon opened an innovation center in Palo Alto, California in 2014 to acquire talented employees for its team. It certainly doesn’t hurt BNY Mellon to be here. It helps.”.

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Fraud Analytics New Jersey Data 128

PYMNTS

OCTOBER 10, 2019

Take online security as another ongoing example. Indeed, cybersecurity is one of the main tasks in the world of digital commerce and payments, and it’s a task that is getting more attention from consumers, companies, regulators and others. Cybersecurity Push.

United States 175

United States Retail Online Training 175

PYMNTS

APRIL 21, 2017

On Friday of last week, Apple secured a self-driving road test permit from the California DMV. Apple now joins 29 other automotive and tech companies who have received test permits in California for self-driving technology. Pun 100 percent intended.). Here’s what we do know on the car front. With self-driving technology to boot?

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Apple California Software Technology 115

PYMNTS

JANUARY 25, 2018

The plate, available in California and due to be rolled out in other states through 2018, is a self-lit LCD screen with a display that can be changed to, for example, showcase advertising along the (government-issued) license plate number. The conversation, as it often does with technology, turned to security.

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Boston California Michigan Georgia 128

PYMNTS

SEPTEMBER 4, 2020

Always at the head of the pack is Chef Thomas Keller, whose award-winning French Laundry in Yountville, California is a mecca of foodies worldwide. Eater also noted that “Only three tables are available at any given time for the experience,” and that it’s pay-in-advance to secure Keller’s post-pandemic epicurean splurge.

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Boston San Francisco New York City Portland 205

PYMNTS

OCTOBER 14, 2019

So went the narrative, which formed the central thesis of a study about the regulated taxi industry in the City of San Francisco, which was presented to then-mayor of San Francisco and now Governor of California Gavin Newsom. Workers like the security of working for those kinds of businesses, too.

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San Francisco New York Study Industry 178