PYMNTS

SEPTEMBER 17, 2019

FinTech firms are keeping a pulse on the latest regulations and helping their clients comply with them. The European Union’s General Data Protection Regulation (GDPR), for instance, went into effect last May, and penalties are just starting to be enforced. To help clients, the FinTech uses Kubernetes, so it is cloud agonistic.

Fintech 200

Fintech Compliance Data Regulation 200

PYMNTS

DECEMBER 8, 2019

Firms like Google, Alibaba and Facebook could be forced to share data with banks and FinTech firms. Many companies — like Amazon, Facebook, eBay, Alipay and Google — have acquired payments-related licenses in Luxembourg, Ireland, Lithuania and other EU countries. .

Regulation 131

Regulation Data Google Fintech 131

PYMNTS

AUGUST 27, 2018

The initial verdicts of General Data Protection Regulation (GDPR) are in, at least in terms of compliance – or lack thereof. In news this past week, studies have shown that compliance rates are indeed low, three months in. are in compliance. How low are the rates? A bit of optimism: Progress is, well, progressing.

Compliance 102

Compliance social media Study Data 102

PYMNTS

OCTOBER 13, 2016

Regulation and compliance can be a tough space for many to wrap their heads around. As technology advances, the threat to digital security and identity protection becomes greater, forcing regulations to quickly adapt. Compliance Decoded. Why Compliance Is Going Social.

Compliance 100

Compliance blockchain Regulation Data 100

PYMNTS

APRIL 12, 2019

The General Data Protection Regulation (GDPR) represented a new phase in data security and EU regulators’ approach to it. Such a scenario would leave the door wide open for data-controlling companies to send customer information to that criminal under the false pretense of regulatory compliance and data security.

Regulation 193

Regulation Data Compliance Security 193

PYMNTS

FEBRUARY 17, 2020

increased regulation over content delivered online through platforms may be on the horizon. This past week, Britain’s federal government said its media regulator, known as Ofcom, would be given new oversight to monitor and regulate material posted on the web by companies such as Facebook, Google and Twitter. In the U.K.,

Regulation 140

Regulation Google Operations Company 140

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. Many of these regulators also now expect sharing and payment services to comply with shifting data regulations, like GDPR. To learn more about how Spotahome is approaching data security and customer trust, read the Playbook’s feature story.

Marketing 179

Marketing Regulation Case Study Security 179

Abrigo

FEBRUARY 25, 2022

Codified risk-based approach The AMLA codified the risk-based approach for the first time, and a thorough risk assessment is necessary to justify businesses to your regulators. ?As As regulators get up to speed with new FFIEC Exam Manual updates, you may need to remind them that not all groups of customers present the same risk.

Regulation 195

Regulation Policies Compliance Washington 195

PYMNTS

OCTOBER 10, 2016

The CFPB dropped its latest set of regulations for prepaid payments cards , to some cheers (for offering clarity on fees) and some jeers (for thinking that prepaid cards are credit products and require underwriting for $25, 24-hour overdrafts). Google Jumps Hard Into Hardware. Google is doing both. megapixel camera.

Samsung 100

Samsung Google blockchain Bitcoin 100

PYMNTS

JANUARY 22, 2019

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising.

Payments 195

Payments Regulation Security Data 195

PYMNTS

OCTOBER 9, 2019

9) from the Business Standard , and through Money Control , that there are compliance issues tied to data processing regulations that may keep the payment service from launching by the end of this year, as has been anticipated. In India, a delay for WhatsApp Pay? Reports came Wednesday (Oct.

Compliance 139

Compliance Regulation Data Payments 139

PYMNTS

AUGUST 14, 2020

The Privacy Collective , a London nonprofit whose mission is to protect privacy, has filed suit with the District Court of Amsterdam, accusing the software companies of breaching the European Union’s General Data Protection Regulation (GDPR) in their processing and sharing of people’s information by third-party tracking cookies.

San Francisco 195

San Francisco Software Data California 195

PYMNTS

AUGUST 23, 2018

Sure, the social media platform said it lost one million active users from Europe after the General Data Protection Regulation (GDPR) took effect on May 25, tightening privacy regulations and making it more difficult for online advertisers to target consumers. Google, too, should weather the storm in pretty good shape.

Online 101

Online Mobile Google Regulation 101

PYMNTS

JUNE 7, 2018

Now that principle applies to Europe’s General Data Protection Regulation (GDPR) – at least according to one report. Security Boulevard reported this week (June 6) that in the wake of the new digital security rule taking effect, criminals were quick to use it to their advantage.

Los Angeles 107

Los Angeles Google Regulation Data 107

PYMNTS

OCTOBER 11, 2018

With data considered under ownership of the customers and not the bank, financial institutions are exposing themselves to market competition, security risks and other threats in the name of enhanced customer service and choice. One of the biggest challenges is the number of financial regulators in the U.S. In Europe and the U.K.,

US 190

US Regulation Data Security 190

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.

US 168

US Regulation Groups System 168

CB Insights

SEPTEMBER 11, 2018

Now tech companies are facing a wave of “techlash” — backlash resulting from rising concerns around privacy protections, election security failures, and ethics lapses. Facebook stock is down and it faces investigation by a growing list of international regulators. Google has lost employees and also faces regulation.

Google 48

Google Apple Policies social media 48

PYMNTS

JUNE 24, 2019

With the Strong Customer Authentication (SCA) compliance deadline less than four months away, banks are still underprepared. Sberbank Croatia is among the financial institutions (FIs) partnering with other platforms for more flexible compliance solutions. How PSD2 is Affecting Asia’s Open Banking Regulations.

Fintech 161

Fintech Regulation Compliance Data 161

PYMNTS

MAY 16, 2019

At the same time, however, many players, like Facebook and Google , are squaring off against regulators that are looking at their data and payment policies with more scrutiny. PYMNTS caught up with OnBuy Founder and Managing Director Cas Paton to discuss the challenges of SCA compliance.

social media 161

social media Compliance Innovation Data 161

PYMNTS

JANUARY 15, 2018

Chinese companies are flocking to blockchain and cryptocurrency technology despite regulators’ efforts to contain risks, reports in Reuters said Friday (Jan. Reports said shares are rallying at these companies even as Chinese regulators warn against financial and investor risk.

blockchain 109

blockchain cryptocurrency Software Regulation 109

PYMNTS

FEBRUARY 13, 2019

Whether it’s ordering via a ride-hailing app, or streaming their favorite TV shows, they want it to be fast and secure. As such, digital services are racing to deliver a fast and secure experience, while appealing to consumers’ varied preferences around the globe. Digital Services and Their Impact.

Mobile 133

Mobile Data Security Compliance 133

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Effective data security features are critical to securing this information. However, Facebook and Amazon are not the only Big Tech companies with a need to innovate in data security. The Future of Data Security.

Security 58

Security Data US Google 58

PYMNTS

JANUARY 3, 2020

This only increased earlier this year with the implementation of strong customer authentication (SCA), which forced merchants to develop security solutions that would not impact sales and sent retailers scrambling to project how these changes would affect operations. The attitude toward PSD2 is different, he said.

Regulation 133

Regulation Fintech Innovation Marketing 133

PYMNTS

JUNE 19, 2018

The time for “wait and see” is running out when it comes to new European privacy regulations. Soon enough, the financial and consumer impacts of the General Data Protection Regulation (GDPR) will become clear enough that companies that took a laggard’s approach may start to feel significant pain.

Regulation 101

Regulation eBook social media Case Study 101

Insights on Business

MARCH 26, 2018

A digital reinvention is underway in financial services, driven by the need for fraud prevention, personalized customer service, and the ability to keep pace with massive amounts of new regulations. She cautioned that these gains in customer convenience and simplicity open the door to fraud, so institutions must rigorously invest in security.

User Experience 135

User Experience Compliance Maine Regulation 135

PYMNTS

NOVEMBER 22, 2019

In today’s top payments news, ongoing security concerns have caused the Federal Reserve to take a closer look at the Big Tech firms that serve the banking industry. Security Concerns Prompt Fed To Strengthen Big Tech Oversight. Privacy Advocates Fear Google Will Mine Fitbit’s Health Data. Google’s $2.1 Google’s $2.1

South Dakota 101

South Dakota Apple Taxes Cards 101

PYMNTS

OCTOBER 21, 2016

Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. While they’re apprehensive about the technology, financial institutions are facing pressure to adopt real-time payments capabilities to meet that demand and to comply with new regulations.

Payments 100

Payments Regulation Compliance National 100

PYMNTS

MAY 30, 2018

Banks, he noted, have to be compliant with a host of extremely stringent regulations, and often across multiple jurisdictions – all with different rules. There are a lot of market factors and regulations that are pushing banks – but they certainly don’t like it when they see firms like Apple, Google and Samsung operating customers’ wallets.”.

Fintech 160

Fintech Regulation Compliance Innovation 160

PYMNTS

JUNE 5, 2017

Welcome to the inaugural issue of the Regulatory Tracker , where from here on out we’ll keep an eye on the rules and regulations that govern who pays what, who pays who, and where, and when. For Google, fines loom , as antitrust regulators in the European Union are targeting the firm’s shopping service.

Regulation 100

Regulation Google Survey Regional 100

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. There are monetary penalties involved in the event that data is used in non-compliance with laws. Here in the U.S., The attention has come most visibly through a series of hearings through the past few weeks.

Data 122

Data US California Guidelines 122

PYMNTS

JANUARY 9, 2019

In response, Facebook said it removed content in compliance with the laws in Vietnam. Facebook said in response that it was diligent about removing content in compliance with local law. “We Vietnam said Facebook delayed taking down content and wouldn’t provide information on accounts.

social media 108

social media Taxes Compliance Google 108

PYMNTS

OCTOBER 8, 2018

Understanding who one is doing business with is the first step to mitigating a myriad of risks, including non-compliance, non-payment, violated contracts and more. In today’s age of tightening Know Your Customer ( KYC ) regulations, Know Your Supplier has also become an equally important priority in B2B trade.

Regional 188

Regional Online social media Compliance 188

CB Insights

MAY 22, 2018

As more consumers find their data being misused by firms, regulators are globally stepping up to protect them. Leading the charge is the European Union’s General Data Protection Regulation (GDPR), the most progressive digital privacy regulation to date. Startups are changing how companies comply with regulations globally.

Google 37

Google Regulation Compliance Data 37

FICO

JANUARY 5, 2021

It’s no surprise that COVID-19 would be one of the subjects that drew readers to the FICO Blog last year, but for the Fraud Protection and Compliance category it wasn’t the only top draw. 3: FICO Digital Banking Study: Security And Authentication In A Digital World. 4: Financial Crime Compliance Predictions 2020: More AI And Robots.

Fraud 52

Fraud Compliance Survey Google 52

PYMNTS

DECEMBER 14, 2020

France Hits Amazon, Google With $164 Million in Penalties for Alleged Cookie Violations. million), while Google was told to pay 100 million euros (approximately $121.5 People who use Google expect us to respect their privacy, whether they have a Google account or not,” a representative for Google said, per the report. “We

Google 132

Google social media Compliance Regulation 132

PYMNTS

OCTOBER 2, 2018

What would one say about a computer geek who said he could protect their online identity , and while doing do would make a bold move against the likes of Facebook and Google ? This would seem to be a favorable time for digital products and services that emphasize privacy and data security. As consumers become more cautious — cynical?

Data 189

Data Online Google social media 189

Accenture

NOVEMBER 6, 2017

Nearly two-thirds of North America banks say that implementing Open Banking is critical to remaining relevant and competing with new entrants, such as fintechs and tech giants like Google, Apple, Facebook and Amazon. Yet like a rose bush, Open Banking also comes with some thorny threats.

America 151

America Customer Experience Data Apple 151