Remove California Remove Operations Remove Regional Remove Regulation
article thumbnail

Deep Dive: COVID-19?s Global Impact On Open Banking And Online Privacy Regulations

PYMNTS

The EU enacted open banking rules in 2018, inspiring regulators worldwide to reconsider how they were transacting funds or transmitting data. The COVID-19 pandemic’s impact on daily business has generated new questions surrounding these initiatives that regulators are now scrambling to answer. and the EU. Australia and Canada.

article thumbnail

US Retailers Confront Data Privacy Shifts

PYMNTS

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. European Union and other regions currently fighting the pande mic. Security .

Data 199
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Big Bank Bids Headed For Hill Hearings?

PYMNTS

Earlier this week, California Congresswoman Maxine Waters (a Democrat from California) said in a statement that the $11.6 operations should be examined on antitrust concerns. Banks, especially, are in the midst of fine-tuning operations as the great digital shift continues. Now, it may be the banks’ turn.

article thumbnail

Why Turkish Banks Are Bullish On PSD2

PYMNTS

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. The EU is no longer the only region looking to upgrade its data and financial protection legislation. and Turkey.

article thumbnail

One SME Lender’s Take On Regulation And Transparency

PYMNTS

in particular, a cross-section of states that CEO Douglas Bystry says has its own unique demands and impacts on regional economies. That focus provides insights into the direct link between lenders, their SME borrowers and the communities in which those businesses operate. A Regional Reach.

article thumbnail

SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations.

Oregon 230
article thumbnail

Walmart Launches Alcohol Pickup In Select States

PYMNTS

In states including California, Texas and Florida, shoppers can select from a variety of wine and beer options, including regional or local brands. No matter what’s on your shopping list, Walmart Grocery Pickup is helping our customers keep time in their busy schedules,” Tom Ward, SVP of digital operations, said in a press release. “No

Florida 101