PYMNTS

DECEMBER 29, 2020

Turkish prosecutors have issued a detention warrant for Turkish businessman Sezgin Baran Korkmaz, who has ties to Utah business executives who recently pleaded guilty to a $511 million tax credit scheme in the U.S., In Utah, Korkmaz worked with Jacob and Isaiah Kingston, brothers and executives of a Salt Lake City-based biodiesel company.

Taxes 167

Taxes Fraud Utah US 167

PYMNTS

SEPTEMBER 11, 2019

A network to better coordinate financial innovation among federal and state regulators is being launched by the Consumer Financial Protection Bureau (CFPB) in partnership with several states, the agency said in a press release. State regulators in every state were invited to join. .

Regulation 171

Regulation Innovation South Carolina Indiana 171

PYMNTS

SEPTEMBER 20, 2016

With all the uncertainty over future regulations and changes that may be coming to the industry, it’s likely that institutions will focus on differentiating themselves through improvements to customer service and protection issues.”. The class-action case is being brought by customers accusing the bank of fraud and recklessness.

Study 100

Study Utah Industry Fraud 100

Independent Banker

OCTOBER 1, 2022

Community bank customers can be at ease knowing that community banks take the protection of their customers’ data very seriously, and community banks are regulated by some of the strictest data privacy laws of any sector,” Estep says. CCPA was modeled closely after the European Union’s General Data Protection Regulation (GDPR).

Data 91

Data How To Community Bank California 91

PYMNTS

JANUARY 7, 2019

Indian regulation requires all payments data be processed in-nation — instead of on Facebook’s servers. But the system has not yet managed its long-touted national expansion — and the issue at hand seems to be data processing.

Data 139

Data Wyoming Idaho Utah 139

CFPB Monitor

SEPTEMBER 12, 2019

In addition, the CFPB has announced the creation of the American Financial Innovation Network (ACFIN) to facilitate coordination between the CFPB, other federal regulators, and state regulators and the CFPB’s issuance of the first NAL under the revised NAL Policy.

Policies 60

Policies Compliance Regulation South Carolina 60

CB Insights

FEBRUARY 13, 2020

Fraud prevention tools. This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items.

Online 98

Online Company Retail Payments 98