PYMNTS

FEBRUARY 20, 2020

Regulators around the world are passing new laws to make sure ad hoc workers are properly protected, and some of these rules could have sweeping implications for businesses and their freelance partners. states are developing similar regulations. However, challenges have begun to arise as the gig economy continues to expand globally.

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Security Regulation New Jersey Payments 161

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. Currently, Express Logic operating systems are installed in 6.2 As the use of IoT devices grows, security concerns are continuing to plague the industry.

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California San Francisco Charlotte Security 188

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. sales operations. Apple, for one, is hoping that California will work to toughen some of its current self-driving road test policies.

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California Policies Company Apple 100

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. GDPR has been a blueprint for many online data and privacy regulations rolled out around the world. EU and U.K.

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Compliance Fraud Regulation Security 151

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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PYMNTS

JULY 24, 2018

Turns out the debate over whether it is or isn’t a security is having a knock-on effect: It’s making the XRP token’s price less than … well, secure. Rumors that the token can and will be classified as a security here in the States. Rumors that the token can and will be classified as a security here in the States.

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Security California Bitcoin Taxes 101

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.

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Data How To Community Bank California 91

PYMNTS

SEPTEMBER 25, 2019

1595, known as the Secure And Fair Enforcement (SAFE) Banking Act, on Wednesday (Sept. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only. House of Representatives passed H.R. 47 states, 3 territories and D.C.

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Ohio Colorado Washington California 235

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.

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Data California Security Pennsylvania 131

Abrigo

SEPTEMBER 14, 2022

Takeaway 3 Financial institutions should consider the impact of this rule and prepare for changes to their business operations. Online lenders, platform lenders, and fintechs should also consider sending feedback to the CFPB and considering the ways their operations might be affected. Those implementing regulations were coming.

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Lending Data Regulation Community 195

PYMNTS

DECEMBER 15, 2020

Six weeks after securing passage of the Proposition 22 ballot measure that overturned a California law requiring part-time workers to be reclassified as employees, two of its biggest backers have rolled out new fees to offset expenses related to additional worker benefits. Uber said it will add surcharges of up to $1.50

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California New York Taxes Illinois 227

PYMNTS

NOVEMBER 6, 2018

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. PCI compliance is vitally important for businesses that process credit cards. Gearing up for GDPR.

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Compliance Data Security eBook 179

PYMNTS

JULY 10, 2020

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen , chief operating officer at identity verification firm Trulioo told Karen Webster in a recent interview. Regulation Vs. Market Forces. Cohen said. However, Cohen said that in the U.S.,

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Data Innovation Fintech Illinois 272

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. Binance KR will cease operations because of low usage and volume with limited trading pairs of BKRW. That resulted in limited liquidity for users, a company blog says.

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Bitcoin Miami cryptocurrency ATM 254

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.

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Florida Community Bank Community FDIC 91

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. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster.

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US Regulation Groups System 168

PYMNTS

FEBRUARY 5, 2020

Also, an October incident saw five people killed at a party in Orinda, California, which is near San Francisco. The company said it would “continue to employ” security measures in Canada and worldwide that would keep its services safe. Airbnb is privately valued at $30 billion, according to Pitchbook.

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San Francisco California Marketing Regulation 139

PYMNTS

SEPTEMBER 8, 2020

949 gigabytes of confidential data have been accessed by ransomware attackers targeting IT distributor Ma Labs , reports in CRN said, an attack that has stalled the company's operations and left its customers in limbo. 1 million was stolen from the City of Industry via invoice fraud, claims officials in the California city.

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Company Los Angeles Fraud Data 174

PYMNTS

JULY 15, 2020

That’s bureaucratic code for “Regulators will be checking on ‘Know Your Patient’ (KYP) compliance in the near future.” must comply with federal regulations regarding the storage and management of medical data as well as any relevant state rules that have recently come into play,” according to the July 2020 Digital Identity Tracker®.

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Data Compliance Regulation Meeting 146

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.

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Retail Compliance blockchain Branding 122

PYMNTS

OCTOBER 3, 2019

“Amercanex will give these business owners the opportunity to maintain and grow their business operations online in a secure and legitimate way.”. House of Representatives passed the SAFE Banking Act , legislation which aims to allow financial institutions to service legal cannabis companies.

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Compliance Industry California Taxes 130

Abrigo

JANUARY 21, 2020

Despite Federal ambiguity, State Regulators are beginning to clearly define their stances on cannabis banking. It would be impossible to talk about cannabis banking in 2019 without mentioning the Secure and Fair Enforcement Banking Act of 2019 (SAFE Act). State Banking Regulators. Department of Treasury, FinCEN. GET STARTED.

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United States New York Regulation DC 243

CFPB Monitor

JANUARY 7, 2022

A California appellate court has ruled that bail bond premium financing agreements are consumer credit contracts for which cosigners must be given a statutorily prescribed notice that warns of the potential consequences of acting as a cosigner. In BBBB Bonding Corporation v. In that lawsuit, the Bureau alleges that Libre by Nexus, Inc.

CA 78

CA California Regulation Payments 78

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. Like many FIs, California-based Redwood Credit Union has used data analytics since its inception. percent from the year prior.

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Analytics Video blockchain Training 131

PYMNTS

AUGUST 3, 2018

The announcement comes as news surfaced that Coinbase was acquiring securities dealer Keystone Capital , a California-based FINRA-registered broker-dealer, which will allow the firm to run an alternative trading system. Currently, Coinbase lets crypto enthusiasts trade in the larger and better-known crypto forms.

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cryptocurrency Bitcoin California blockchain 101

PYMNTS

AUGUST 21, 2018

The lawsuit contends that Google violated the Invasion of Privacy Act in California, as well as California’s right to privacy laws, and is seeking class-action status for iPhone and Android users. The potential FTC inquiry comes as Google has been getting slammed by regulators in recent months.

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Google San Diego California Exercises 100

PYMNTS

OCTOBER 23, 2018

The world might be growing smaller and more connected, but regulations and authentication methods can create issues for international businesses looking to expand globally. Scotland, meanwhile, is looking to distributed ledger technologies (DLTs) to develop secure digital identity credentials. to the U.K. About The Tracker.

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Trends blockchain California Security 134

PYMNTS

JUNE 24, 2019

The lawsuit centers on whether the equipment is covered by Export Administration Regulations. In its filing, Huawei explained that it shipped the telecommunications equipment, including a computer server and Ethernet switch, from China to a testing laboratory in California. government is looking to ease. The fact is, the U.S.

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US Alaska California National 100

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

APRIL 2, 2019

Grupo Flor said that, in the first week of the trading desk’s operation, it facilitated “several million dollars’ worth of trades.” At the same time, a lack of logistics and B2B service providers compliant with state regulations, and familiar with the products, is also a rising concern for industry players.

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Fintech Compliance Industry California 176

PYMNTS

DECEMBER 28, 2018

California Attorney General Xavier Becerra chastised the bank for its behavior. Securities and Exchange Commission, the Department of Justice and the Department of Labor. Instead of safeguarding its customers Wells Fargo exploited them,” Becerra said in a statement. Wells Fargo’s troubles are far from over.

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California Resources Management System 158

PYMNTS

MARCH 25, 2019

The backlash goes beyond rooms, apartments and houses to include instruments of transportation, which is among the latest areas of the digital economy to come under the scrutiny of politicians and regulators. And investors are still pouring capital into companies operating in the sector. Sharing Backlashes.

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Los Angeles Payments San Francisco Chicago 135

PYMNTS

MAY 18, 2018

B2B startups in the small business banking, expense management and analytics sectors led this week’s investment roundup, securing more than half of the $108 million raised. But it’s a startup in Africa that not only secured the largest investment round of the week, but set a new record in the process, raising $47.5

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Fintech blockchain Analytics Capital 134

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?

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Data Survey Compliance Examples 102

PYMNTS

FEBRUARY 21, 2018

It’s surprisingly common for the information settlement mechanism like SWIFT to be on a separate ledger from the payment settlement mechanism, which is the system more likely to be scrutinized by the bank’s internal controls, as well as the various audits, including inspection by regulators.”. “In United States. On the federal level, the U.S.

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blockchain Los Angeles Regulation Oregon 130

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

Abrigo

MARCH 4, 2022

The most common method for developing a synthetic identity scheme begins with the theft of a Social Security Number (SSN). A recent example of a bust out scheme was a nationwide operation that resulted in a Great Valley, N.Y., Arena, previously of California, was sentenced to 48 months in federal prison and ordered to make $1.3

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Fraud Cards Software Trends 195