PYMNTS

JANUARY 2, 2020

RuPay is a payment network offered by National Payments Corp. The fine for non-compliance is going to be ?5,000 In November , India’s Minister of state for electronics and IT (MeitY) announced that the government is drafting a national framework to expand the deployment of blockchain use cases.

Cards 130

Cards blockchain Cyber Security Retail 130

Payments Source

JUNE 2, 2016

The National Retail Federation wants the Federal Trade Commission to do more than merely check up on the companies that routinely assess merchants for compliance with the Payment Card Industry Data Security Standards (PCI DSS).

Retail 60

Retail Compliance National Security 60

PYMNTS

NOVEMBER 12, 2020

Visa is launching a new program designed to connect European FIs and retailers with state-of-the-art digital payment services. EDPB Recommends Steps For Data Exporters To Ensure GDPR Compliance. Visa Unveils FinTech Partnership Program In Europe.

Payments 142

Payments Fintech Exercises Risk Management 142

PYMNTS

JUNE 18, 2020

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). Other, better security solutions should be considered collaboratively.

Groups 131

Groups Regulation Fraud Security 131

PYMNTS

JUNE 19, 2020

A payments orchestration layer can serve as an intermediary between a merchant and its various PSPs while extending services that support payments analysis, regulatory compliance, cybersecurity, anti-fraud protection and more. There are ways to effectively manage these logistical issues, however. percent year-over-year increase since 2019.

Payments 188

Payments Compliance Resources Fraud 188

Bobsguide

SEPTEMBER 13, 2022

In response to the growing drive for higher corporate governance standards – both globally and at a national market level – Broadridge Financial Solutions announced it has commenced live operations of its new “golden copy” event notification and direct vote execution service for the Danish market.

Meeting 88

Meeting Security Operations Marketing 88

PYMNTS

JUNE 6, 2016

The National Retail Federation has asked the FTC to investigate the Payment Card Industry (PCI) Security Standards Council on the grounds that credit card companies “unfairly leverage their brands.” The NRF further notes that the government ought to find a new method by which to benchmark data security.

Security 100

Security Software Retail Cards 100

PYMNTS

MARCH 2, 2020

When hackers hit Pennsylvania-based fuel and convenience retailer Wawa, they made off with the credentials of potentially thousands of credit union members. But legal loopholes to compliance aside, the CU community is firmly behind data privacy and security measures, as detailed in the full report.

California 130

California Fraud Pennsylvania Community 130

Payments Source

MARCH 7, 2018

American banks and retailers are sparring over whether financial firms should follow a new national standard to quickly notify consumers when they’ve experienced a data breach.

Retail 62

Retail National Data Compliance 62

Perficient

APRIL 2, 2021

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. Office of the Comptroller of the Currency (OCC). Credit Decisions.

Regulation 309

Regulation Industry Risk Management Analysis 309

PYMNTS

SEPTEMBER 10, 2018

And data has never been more valuable — not only for retail and payments, but for healthcare and other areas, including sense of self, given how we define and group ourselves online and elsewhere according to prioritized attributes. At the same time, this data is generating increasing returns and reducing costs as well as compliance burdens.

Compliance 101

Compliance Data Security Payments 101

PYMNTS

DECEMBER 11, 2020

to advance secure, contactless transactions as stores reopen amid COVID-19 restrictions. Peter Hazlehurst, CEO of Synctera, tells Karen Webster that Synctera is a next-gen banking-services platform that facilitates FinTech scale by enabling banks to leverage their current compliance and account-servicing capabilities in new ways.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

JULY 26, 2017

The federal banking system is, and should be, a source of strength for the nation and its economy. As outlined in the report, however, the OCC again identifies issues related to strategic, credit, operational and compliance risks as top concerns.”. Compliance. Noreika, acting Comptroller of the Currency, in a statement.

Compliance 115

Compliance System Fintech Report 115

PYMNTS

MAY 23, 2017

In this edition of the PYMNTS’ Commander in Chief Series , Western Union President Odilon Almeida shares a day in the life as leader of one of the largest global person-to-person money transfer networks, what smartphones have done for the payments space and why security and compliance are always key in a game where the rules are changing every day.

Innovation 190

Innovation Payments Compliance Risk Management 190

PYMNTS

OCTOBER 21, 2016

The legislation includes mandates for capital holdings, indemnity insurance, payment data access, security and, of course, access to faster payments. According to Dion Global Solutions , which provides banks with software to maintain compliance with regulations like PSD2, FIs aren’t exactly ready for this next phase in payments speed.

Payments 100

Payments Regulation Compliance National 100

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. APIs serve as bridges connecting national or regional real-time payment rails. So, what’s the problem?

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

APRIL 3, 2018

To simplify its path to EMV card acceptance, and to reduce PCI compliance scope, Kentucky Fried Chicken (KFC) has migrated its payments system in the U.S. Ingenico Group’s semi-integrated payment solution provides KFC’s customers with a multitude of payment options without compromising the security of their information.”.

Groups 101

Groups Payments Kentucky Customer Experience 101

PYMNTS

NOVEMBER 22, 2018

New rules mean new compliance activities, which, of course, mean additional compliance costs for these stakeholders — as much as $489 million. Now comes the tipping point, said the industry group, where the ATMs may simply shuttered, ostensibly as the aforementioned compliance costs are too great to bear. “

ATM 187

ATM Payments Compliance Google 187

Bank Innovation

OCTOBER 3, 2017

This hypothetical licensing program could put into place a nation-wide, unified regulatory framework for cryptocurrency exchange platforms. Last week, Japan’s […].

United States 284

United States cryptocurrency Bitcoin National 284

PYMNTS

NOVEMBER 16, 2018

Other nations that are looking at adopting Open Banking — along with rollouts of APIs — include Hong Kong, with APIs slated for debut in 2019 and Australia, which is eyeing Treasury Open Banking by next summer. The directive, of course, seeks to bolster consumer protection through new documentation and security monitoring.

Data 159

Data Compliance Innovation Survey 159

PYMNTS

JANUARY 6, 2020

The nation has watched many European countries go through this process over the past year, so impacts on its financial ecosystem are at least expected if firms have not yet experienced them. Preparedness helps with confident compliance . Turkish institutions.

Regulation 131

Regulation Industry Data Regional 131

PYMNTS

JUNE 19, 2018

Granted, “wait and see” was probably not the most highly recommended strategies going into the GDPR world, given how the European Union (EU) regulation essentially applies to every company making money in digital, not just those firms based in the EU’s 28 member nations. We always wanted security to have a seat at the table.”.

Regulation 101

Regulation eBook social media Case Study 101

PYMNTS

JULY 15, 2019

PayPal’s customers in those nations are able to use their login credentials to send money directly across borders and into recipients’ bank accounts, or for cash pickup and delivery through Xoom. There also needs to be country-specific processing activity that takes into account the local regulatory and compliance obligations.

Course 201

Course United States Marketing Examples 201

PYMNTS

MARCH 29, 2018

billion across eight of the largest retail sectors in the second quarter of 2017. That’s according to Jose Caldera, chief products officer for digital identity compliance solutions provider IdentityMind Global , who says FIs and merchants must also monitor long-term behaviors to build a profile that reflects a user’s trustworthiness.

Fraud 108

Fraud Compliance System Data 108

PYMNTS

JUNE 27, 2016

over EMV PIN debit-card transactions, claiming that the card network threatened them with increased fees and eliminating debit acceptance capacity in-store, if the nation’s largest grocer refused to abide by Visa’s stated EMV rules. is suing Visa Inc. If this sounds a bit familiar, that’s because it is.

Ohio 104

Ohio Cards Compliance Course 104

FICO

NOVEMBER 23, 2021

Armando Junior, general manager, risk and compliance at Dock (previous winner) . Armando has worked as a lead consultant on transformation projects across private, retail and wholesale banking. Dinesh Suresh, head, digital builds for consumer secured lending at OCBC Bank (previous winner). by Nikhil Behl.

Meeting 52

Meeting Analytics Risk Management Management 52

Gonzobanker

APRIL 8, 2020

If it’s full of industry acronyms, wonky terms or compliance-ese, or if it comes across as a cheesy sales pitch, it needs to be rewritten. Key factors to consider when selecting a system include ease of use, functionality (lead development, tag management and A/B testing), security and site analytics. Email us for a list.

Leadership 170

Leadership Analytics System Digital Banking 170

PYMNTS

MARCH 29, 2016

In compliance with national laws and regulations, we ultimately want to make Samsung Pay available to as many consumers as possible, so that everyone in China can have the opportunity to enjoy the simplicity, safety and convenience of our mobile payment solution.”

Samsung 100

Samsung Apple Mobile Cards 100

Banking 2020

DECEMBER 4, 2014

This Monday, security firm FireEye dropped a critical announcement : A group of highly sophisticated cybercriminals have spent the past year hijacking email correspondence between senior executives at publicly held healthcare-related organizations. Insights apt breach FIN4 fireeye phishing security threat'

Course 69

Course United States Compliance Security 69

Payments Source

APRIL 12, 2017

Retailers insist that the EMV migration in the U.S. is weak because there is no PIN requirement to verify chip-card transactions, a process that is standard practice in other nations.

Report 60

Report National Cards Retail 60

Payments Source

JULY 28, 2016

Retailers insist that the EMV migration in the U.S. is weak because there is no PIN requirement to verify chip-card transactions, a process that is standard practice in other nations.

Report 60

Report National Retail Cards 60

Banking 2020

DECEMBER 4, 2014

This Monday, security firm FireEye dropped a critical announcement : A group of highly sophisticated cybercriminals have spent the past year hijacking email correspondence between senior executives at publicly held healthcare-related organizations. Insights apt breach FIN4 fireeye phishing security threat'

Course 58

Course United States Compliance Security 58

PYMNTS

APRIL 30, 2020

These platforms enable merchants to integrate with a variety of localized payment methods and also receive services that support payments analysis, regulatory compliance and more. Serving Dutch consumers, however, required supporting iDEAL, a national method that enables funds to be transferred directly from users’ bank accounts.

Payments 131

Payments Cards Online Resources 131

FICO

SEPTEMBER 14, 2021

A few weeks ago US economists were surprised when the Commerce Department reported that retail sales rose by 0.6% Once I started looking around, I saw that Venmo is accepted at quite a few national retailers. It’s currently accepted at 600,000 retail locations , having signed up 29 major retailers last year.

Fraud 52

Fraud Payments Mobile Data 52

CFPB Monitor

OCTOBER 20, 2021

The approval order, which was issued through the Bureau’s Compliance Assistance Sandbox Policy, confirmed that Payactiv’s EWA program described in the order did not involve the offering or extension of “credit” as defined by section 1026.2(a)(14) That is a loan.

Regulation 78

Regulation Groups Analysis Lending 78

Independent Banker

FEBRUARY 24, 2016

The OCC’s 2015 “Survey of Credit Underwriting Practices” found, for the third consecutive year, that more banks are easing underwriting standards for commercial and retail loan products, than tightening. IB: What steps should community bankers take to ensure their institutions are secure from cyberattacks?

Community Bank 70

Community Bank Community Regulation Compliance 70

BankBazaar

MAY 19, 2020

Some of the banks offering this product are Bank of India, Bank of Maharashtra, Union Bank of India, Punjab National Bank and Bank of Baroda. Punjab National Bank COVID-19 Loan. Processing Fee: Nil, although applicable stamp duty for the security documents and CERSAI charges as per actual cost will need to be borne by you.

Lending 78

Lending Cards Metro Meeting 78