PYMNTS

JUNE 9, 2020

Rising frustration over online payment transaction limits , security and data privacy have begun to crop up now that consumers and merchants are settling into the new normal, showcasing just how rapidly the banking world is changing. Mobile and online payments are also on the rise for this same reason. and the EU. Australia and Canada.

Regulation 132

Regulation Online California Regional 132

PYMNTS

OCTOBER 28, 2019

Wayfair case that allowed states and individual cities to launch tax policies aimed at remote sellers and marketplaces is still reverberating in 2019 and will likely affect online retail in 2020. In Q3 2019, 14 states started collected online sales tax and 11 more followed in October. eBay Makes a Deal.

Taxes 102

Taxes Online San Jose South Carolina 102

PYMNTS

FEBRUARY 25, 2020

China is looking to keep up with consumers, financial institutions (FIs) and merchants that send funds and information through online channels, and several of the country’s related regulations resemble those from regions where such transactions are now commonplace. Confronting Chinese Compliance . and the U.S.

Regulation 140

Regulation Compliance Online Data 140

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. The world of Islamic finance is growing, and with it, the region’s FinTech strength. That doesn’t mean it’s been easy.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

FEBRUARY 4, 2020

GDPR and PSD2 have significantly shifted how EU banks and businesses exchange online funds and consumer data. Numerous regions then announced internal deadlines for compliance that often diverged from their neighbors’ deadlines. The sweeping compliance requirements affect all members, but execution can differ country by country.

Fraud 144

Fraud Regulation Compliance Innovation 144

PYMNTS

SEPTEMBER 20, 2020

EU Commissioner Thierry Breton , who has taken the lead on the overhaul of its digital rules, told the Financial Times (FT) the proposals would prohibit large tech companies from a region. Violators would be assessed penalties for non-compliance. But he added such action would only be used in extreme cases.

Compliance 175

Compliance Regulation System Taxes 175

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. Consumers’ changing views are prompting MENA financial authorities to reexamine how their present regulations handle online privacy.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

OCTOBER 12, 2020

According to Bloomberg , the company was using regional warehouses in the U.S. located customer’s region or directly from China. With consumers and eCommerce companies concerned about shipping times during the holiday period, Apple reportedly will use its stores in a similar fashion. to ship items.

Apple 192

Apple Trends Regional Retail 192

PYMNTS

JUNE 29, 2020

The rise of online and contactless transactions in the European Union, for example, has meant that many merchants are making the bulk of their sales away from brick-and-mortar stores. SMBs are finalizing and accepting large volumes of online and contactless transactions as a growing number of consumers turn to these methods.

How To 239

How To Payments Management social media 239

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. It’s not surprising, then, that for many businesses, the in-person networking events are more popular than online networking platforms.

Regional 188

Regional Online social media Compliance 188

Abrigo

AUGUST 22, 2019

Ongoing training is at the very heart of a satisfactory Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program in financial institutions. One option that makes it easy for BSA officers to complete required training is to attend regional meetings. Cost for these regional meetings is $100, and dates and locations are: Sept.

Training 150

Training Las Vegas Alabama Minneapolis 150

PYMNTS

JANUARY 22, 2020

FinTech solution company Entersekt has upgraded its authentication technology in the DACH region of Europe, according to a release. Together with Entersekt , we deliver a PSD2-compliant, highly secure online payment process that is decidedly user-friendly.”. Two major Austrian card issuers are also using the technology. “We

Security 214

Security Payments Cards Fraud 214

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

JULY 21, 2020

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example. Around The Data Protection World.

Mobile 229

Mobile Report America Regulation 229

Gonzobanker

AUGUST 17, 2022

Plaid acquired ID verification and KYC/AML compliance platform Cognito Mitratech Holdings acquired compliance risk and vendor management solution Continuity Mitek acquired KYC onboarding and analysis solution HooYu Equifax acquired post-transaction fraud solution Midigator. Reg & Risk: Still Showing Up For Surprise Quizzes.

Fintech 195

Fintech Lending Software Compliance 195

PYMNTS

DECEMBER 7, 2020

Revolut has launched an acquiring solution for its Revolut Business starter pack, which will allow businesses in 13 European countries to accept credit card payments online. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

Fraud 159

Fraud Capital Regional Security 159

PYMNTS

APRIL 16, 2020

Currencycloud is connecting regional banks to advanced FX and global payments technologies, while the firm’s founder, Nigel Verdon, is also targeting Banking-as-a-Service with his new startup, Railsbank. Plaid is unlocking payroll data to ease access to federal financing. ” Plaid Unlocks Payroll Data to Support PPP Lending.

Data 167

Data Lending Regional Fintech 167

PYMNTS

JULY 22, 2019

“If a firm needs to digitally onboard someone and verify them, we can help that company do that fairly seamlessly,” Samer Atassi, regional director, Latin America and Caribbean for Jumio, told PYMNTS in a recent conversation. Part of that, he added, is across-the-board high standards when it comes to compliance and verification.

Innovation 161

Innovation Payments Regional America 161

PYMNTS

OCTOBER 27, 2017

Right now, the Developer Hub offers 37 APIs , which cover a wide range of Latin American regions and industries, including banking, service organizations, insurance, urban delivery and transportation and travel. The Hub also supports an online community where users can discuss development and implementation.

America 186

America Miami Community Tools 186

PYMNTS

MAY 23, 2019

As a result, the online bank was criticized for not being diligent about security and compliance controls as it rushed to grow. The victim of the hack also reported that they had tried to call N26’s service hotline, but no one picked up, and they couldn’t connect with anyone online either. million customers.

Regional 108

Regional America Compliance Security 108

PYMNTS

JUNE 5, 2020

FIs and their regulators are clinging to that vision even as they work to answer complicated questions brought about by the virus surrounding online payments, security and data privacy. meanwhile, are seeking to address changes in how their own merchants and consumers think about data privacy thanks to increasing online transactions.

Regulation 131

Regulation Data Online Regional 131

PYMNTS

FEBRUARY 21, 2018

Montroll operated an unregistered online securities exchange and defrauded its users by misappropriating their bitcoins. We allege that BitFunder operated unlawfully as an unregistered securities exchange,” Marc Berger, director of the SEC’s New York regional office, said in the release.

Fraud 102

Fraud Bitcoin New York Regional 102

PYMNTS

DECEMBER 12, 2019

Players in the sharing economy must contend with an increasingly complex online payments ecosystem as they move into new regions and attract participants to their platforms. Outdoorsy users looking to rent their RVs list them on the online platform for local renters to book. The sharing economy 2.0

Payments 137

Payments Fraud Regulation Innovation 137

PYMNTS

MARCH 19, 2019

“While the industry has expanded quickly to a large and complex scale over the years, regulatory directions keep changing and different regions have different rules.”. We hope regulators can give the industry a clear and definite timetable, and give guidance and a ray of hope for companies that stick to compliance,” Guo said.

Regulation 138

Regulation Regional Lending Compliance 138

PYMNTS

MAY 29, 2019

Western Union has expanded its services into Thailand and launched a brand new international money transfer service in the region, the company said in a release. The ability to smoothly and fluidly transfer money internationally by the latest digital means elevates our relevance to our customers across the world.

Mobile 188

Mobile Regional Innovation Compliance 188

PYMNTS

APRIL 18, 2019

The PSD2 -related regulation counts itself among a raft of those set to become law across the continent, focusing on boosting online commerce security by requiring cardholders to provide two forms of identification to verify their identities when transacting. Merchants have been sleepwalking into SCA,” Princen explained.

Fraud 148

Fraud Regulation Compliance Online 148

PYMNTS

MARCH 5, 2019

Compliance and regulatory issues remain top of mind, of course, but so does the overall experience of both buyers and sellers. Expectations can differ from region to region regarding timing of payments, taxes, currencies, regulatory differences – and we look at all of those variables.”. Drilling Down Into Online Payments.

Regional 148

Regional Mobile Security Fraud 148

PYMNTS

AUGUST 6, 2019

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. And beyond government efforts, FinTechs in the private sector are also promoting eProcurement digitization in the region. On Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

Payments Source

OCTOBER 12, 2018

Cross-border e-commerce is seeing explosive growth, driving a race among payment providers and acquirers to equip online sellers with the technology to accept any kind of payment in virtually any region. Credit and debit cards are the dominant payment type North American merchants accept, but are much less common elsewhere.

Data 103

Data Regional Online Cards 103

PYMNTS

AUGUST 16, 2016

Compliance with AML, KYC and sanctions requirements continues to be a key focus area for financial institutions under pressure to implement a robust and agile compliance program that ensures legal requirements are met at both a regional and global level,” said Rob Hartley, VP of product at Trulioo , in a press release announcing the enhancements.

Compliance 100

Compliance Meeting Fraud Regional 100

PYMNTS

OCTOBER 10, 2019

Financial institutions (FIs) need to keep watch for newer schemes as they seek to prevent different forms of fraud, such as money laundering, on their online platforms. Regulators as well as banks are searching for ways to keep launderers and other fraudsters out of online banking. Around the Digital Banking World.

Fraud 126

Fraud Digital Banking Strategy Security 126

PYMNTS

OCTOBER 30, 2020

REPORT: Consumer Privacy Concerns Demand Regulatory Compliance. Ant’s March To The Biggest IPO Shows Power Of (Online) Commerce. during the summer months in lowering infections, caseloads have suddenly jumped all over the region. Fun, Cool And Otherwise Interesting . In the U.S.,

Technology 161

Technology Apple Payments Capital 161

PYMNTS

SEPTEMBER 18, 2019

The tailwinds are there, he said, stemming from the growth of the gig economy, the globalization of commerce and the desire for end-users to experience as little friction as possible when it comes to transacting, and living life, online. The challenge of establishing online identities is not confined to individuals, of course, said Ufford.

How To 158

How To Regional Cards Data 158

PYMNTS

OCTOBER 21, 2019

Ensuring SCA compliance should be part of a larger effort to determine that a payments strategy is secure, cost-effective and satisfies user expectations for convenience and trust. He says more than one-third of merchants’ online payments could fail due to lack of compliance. 14 deadline it had originally set for SCA compliance.

Strategy 100

Strategy Compliance Fraud Payments 100

PYMNTS

SEPTEMBER 4, 2019

As reported, the Banking Made Easy Initiative traces its genesis to last year and had sought in part to minimize “regulatory frictions” encountered in onboarding and online finance activities. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

Bank Innovation

MARCH 2, 2018

The 16 registered cryptocurrency exchanges currently operating in Japan will soon form a self-regulating body, after a $530 million heist of digital coins in the region led to investor concerns, Reuters reported today.

cryptocurrency 199

cryptocurrency Regional Regulation Operations 199

PYMNTS

FEBRUARY 24, 2020

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. as they upgrade their online data and financial rules to support global digital banking innovations. he remarked.

Regulation 160

Regulation Policies Data Compliance 160