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Prepaid’s Summer Of Uncertainty

PYMNTS

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. Who Uses Prepaid Anyway? So far, so good.

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Four 2023 U.S. Policy Predictions for Financial Services Companies

FICO

Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. The CFPB's New Open Banking Proposal Will Accelerate Exciting Product Innovations. regulators take a major step in addressing the emerging open banking landscape. FICO Admin.

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Preparing for new regulatory requirements in payments

NCR

From contactless cards and mobile wallets to the exciting potential of biometric data, there are all sorts of innovations having an impact on payments. One of the objectives of this change is to strengthen consumer protection, while enhancing anti-money laundering standards and cyber security.

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Sizzle Or Fizzle: Restaurants Rule, FireEye Flounders And Lending Club Is Back On The List

PYMNTS

Restaurants — the epicenter of payments innovation, it seems — were on the receiving end of a couple of new opportunities this week that could drive even more feet into them and help them grow. Its pitch to the family is to use their local Mastercard branded credit or debit card to make those payments. Here ya go… SIZZLE.

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Mastercard’s ‘selfie payments’ mark new era for biometrics and security

NCR

This is clearly an area with huge potential for growth and innovation, but as more and more financial institutions (FIs) jump on the biometrics bandwagon, one of the big concerns for law enforcement agencies and regulators will be the evolving threat of fraud. This is a significant milestone in the evolution of payments.

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Sacred Data for Sale, steal it while you can!

Lex Sokolin

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. Here is our factbase. They expect the breach to cost the company $150 million.

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Sacred Data for Sale, steal it while you can!

Lex Sokolin

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. Here is our factbase. They expect the breach to cost the company $150 million.

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