PYMNTS

JULY 5, 2017

Innovation is both genesis and lifeblood for companies, especially within the payments space. PYMNTS: How would you define Applause’s approach to innovation? PYMNTS: How would you define Applause’s approach to innovation? Our approach to innovation is two-fold. Innovation is only valuable if it’s usable.

Innovation 121

Innovation Customer Experience Mobile Security 121

Bank Innovation

JULY 27, 2016

National Institute of Standards and Technology (NIST) released a draft of its latest guidelines on digital authentication this week, and it contains a disturbing bit of Read More. It might be time to say goodbye to those text messages containing PINs to help you log into your favorite banking site.

Guidelines 150

Guidelines Security National Technology 150

PYMNTS

JANUARY 31, 2020

Other regulators in Australia, India and Singapore are examining financial innovation rules of their own, using GDPR and PSD2 as guidelines. Around The Data Protection And Security World. All of this can lead to certain countries slowing down their innovation pace, while others speed up.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

PYMNTS

APRIL 23, 2020

The bolstered functions let universities securely issue refunds to international students and automatically pause payment plans. Flywire is also launching new capabilities to let students and universities better manage the financial risks that the coronavirus causes.

Guidelines 130

Guidelines Policies Community Study 130

PYMNTS

JUNE 11, 2020

This process removes the necessity of submitting documents in person and also results in a faster, more automated and secure way to verify users’ identities. This demand and the security benefits are not the only factors driving biometric AML/KYC tools’ adoption, either. Digital Innovation, Legal implementation.

Compliance 186

Compliance Guidelines Meeting Tools 186

Payments Source

MARCH 10, 2020

The agency's recent update to its guidelines for banks on working with data aggregators and other third parties was not extreme, but some critics say its heavy emphasis on security could be a setback for open banking.

Data 63

Data Guidelines Innovation Fintech 63

PYMNTS

SEPTEMBER 23, 2020

Today, storefronts are at your fingertips, browsing shopping aisles is as easy as swiping left or right and getting what you want and going where you want is as simple as a click or tap,” said Jess Turner , Mastercard’s executive vice president of products and innovation, in a statement.

America 251

America Cards Guidelines Apple 251

PYMNTS

SEPTEMBER 28, 2018

Securities and Exchange Commission (SEC) chairman Jay Clayton. In addition, the letter writers warned that the ambiguity around the treatment of digital token sales and offers could cause innovation to move to other countries. As such, they can expect to come under the regulatory control of the SEC and relevant securities laws.

Regulation 139

Regulation San Francisco US Bitcoin 139

PYMNTS

OCTOBER 18, 2018

Part of the initiative includes the SBA’s guidelines to the nation’s traditional financial services market on how to service these industry players while maintaining compliance. The SBA said it hopes the guidelines will encourage FIs to service these industry players and keep blockchain innovation within Switzerland.

Guidelines 213

Guidelines cryptocurrency blockchain National 213

PYMNTS

MAY 28, 2020

The global financial space has been severely impacted by the ongoing COVID-19 pandemic, with social distancing and stay-at-home guidelines preventing customers from visiting bank branches to access the services they need. Biometric security systems are just one example of the major technological investments banks have made in recent years.

Community Bank 176

Community Bank Community Security Digital Banking 176

PYMNTS

NOVEMBER 13, 2018

Faster Payments Council (FPC), aimed at working toward a ubiquitous payment system that enables Americans to safely and securely pay anyone, anywhere and at any time with near-immediate funds availability. The good news: The study also showed that the most innovative businesses are set to adopt real-time payments.

Payments 192

Payments Survey Innovation Guidelines 192

PYMNTS

SEPTEMBER 23, 2019

“It’s great to see American Express seizing the potential that open banking can bring to companies, helping businesses offer a new method to swiftly and securely accept online payments from their customers,” said Imran Gulamhuseinwala OBE, trustee of the Open Banking Implementation Entity (OBIE). and Ireland at JustGiving.

Payments 189

Payments Guidelines Innovation Online 189

PYMNTS

OCTOBER 1, 2020

23), it is offering foundational digital guidelines to help several partners – including payment processors FIS, CoreCard, i2c, TSYS (owned by Global Payments) and others – to access card data in a speedy, secure manner. The great digital shift is transforming credit cards into money management tools.

Cards 249

Cards Management Tools Guidelines 249

PYMNTS

JANUARY 27, 2020

Fraudsters’ attempts to access systems and steal valuable information are becoming more innovative, and research suggests they are also increasingly successful. Phishing attempts threaten many firms’ security operations, often tricking employees into revealing email addresses, login credentials, passwords or other sensitive details.

Fraud 249

Fraud Policies Security Resources 249

American Banker

MARCH 10, 2020

The agency's recent update to its guidelines for banks on working with data aggregators and other third parties was not extreme, but some critics say its heavy emphasis on security could be a setback for open banking.

Data 54

Data Guidelines Innovation Fintech 54

Abrigo

SEPTEMBER 11, 2023

While leaders must learn and stay informed about innovations, it’s helpful to remember in the process that they often result in life-changing improvements for our businesses and our consumers. Take the financial services industry as an example.

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

OCTOBER 1, 2020

The shop reopened this month as Cadore welcomed shoppers under new retail guidelines, while continuing to reinforce her digital presence. “By Last week, Mastercard expanded its Digital-First Card Program to access card data in a speedy, secure manner.

Tools 262

Tools Cards Guidelines Online 262

PYMNTS

MARCH 27, 2020

While open banking FinTech innovation has initially focused on opening up bank account data to third party platforms, there is another component to the initiative with major implications for the payments landscape. QR codes [are] an excellent example of the innovation we will see on the back of Payments Initiation. A B2B Opportunity.

Payments 151

Payments Innovation Security Guidelines 151

PYMNTS

JANUARY 7, 2019

Those interviewed by the GAO also said that guidelines would be of help in making sure lending is done efficiently. According to the banks that have linked with FinTech firms, such guidelines would help relationships between the parties. Such alternative data, said the GAO, could pose risk to such lending decisions.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

OCTOBER 13, 2019

Bengaluru-based Razorpay would like to work with the Reserve Bank of India (RBI) on new regulations that would make it mandatory for payments companies to comply with RBI’s entry point, technology, security, data storage and more. We expect the full one (guidelines) to come out by the end of the financial year. It is a welcome step.

Payments 140

Payments Regulation Guidelines Innovation 140

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. One-third of companies surveyed in the Real-Time Payments Innovation Playbook planned to implement them within the next three years.

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

JUNE 27, 2020

Those things have just become table stakes in the post-pandemic food industry – not the sort of out-of-the-box strokes of innovation they would have been as recently as five years ago. How much of these outré dining innovations manage to stick around remains to be seen. Keeping people 1.5 At H.A.N.D.

Los Angeles 311

Los Angeles North Carolina Innovation Pennsylvania 311

PYMNTS

FEBRUARY 3, 2020

“MAS’ latest initiative to issue new digital bank licenses is aimed at enabling non-bank players with strong value propositions and innovative digital business models to offer banking services,” the spokesperson explained. What we see is an opening up of customer data as a ground-up [innovation] process led by the banks themselves.

Digital Banking 185

Digital Banking Innovation Maine Regulation 185

PYMNTS

OCTOBER 24, 2018

The hearing was titled “Consumer Data Privacy: Examining Lessons from the European Union’s General Data Protection Regulation and the California Consumer Privacy Act,” and came on the heels of a September hearing that looked at the ways some of the marquee names mentioned above could have and should have addressed security concerns.

Data 122

Data US California Guidelines 122

PYMNTS

NOVEMBER 30, 2017

Europe’s Revised Payment Service Directive (PSD2) has yet to come into effect, and some of its guidelines remain in consultation. One of those challenges is ongoing discussions over some guidelines within the regulation, Deutsche Bank noted, particularly those pertaining to fraud reporting and security.

Guidelines 109

Guidelines Regulation Compliance Data 109

PYMNTS

NOVEMBER 2, 2020

Payments Innovation Leads the Way . As Mastercard EVP of Products and Innovation Jess Turner recently told PYMNTS, “consumers want cards, they want them quickly, and they want those cards [delivered] in a digital way.”. Those processors will in turn work with issuing banks to offer near-instant issuance of cards.”.

Study 205

Study Cards Payments Innovation 205

Chris Skinner

FEBRUARY 7, 2017

In the USA, there is a move by the big banks to get Washington to outlaw access to bank data based on security. guidelines currently address the unique complexity of our financial system. The only person who should access bank data is the customer, the banks bleat. Even with data access, the challenges are high.

Guidelines 150

Guidelines Washington Fintech Data 150

American Banker

JUNE 28, 2016

Federal regulations — including the FFIEC's recent mobile security guidelines — have not kept pace with mobile innovation and the security risks users face from smartphone banking platforms.

Mobile 44

Mobile Guidelines Regulation Security 44

PYMNTS

AUGUST 1, 2019

In corporate payments, high-value transactions with tall demands for compliance, transparency, speed, efficiency and security aren’t just placing a burden on the businesses sending and receiving funds.

Payments 152

Payments Guidelines System Compliance 152

PYMNTS

OCTOBER 6, 2020

Keeping customers' digital payment data safe and secure is a critical part of doing business in the digital economy, and following Payment Card Industry (PCI) compliance guidelines is an effective way for firms to accomplish this. Relying on third parties to store this data also makes the auditing process easier.

Compliance 178

Compliance Meeting Payments Cards 178

Insights on Business

JANUARY 3, 2019

But while mobile devices give us great power and convenience, they also create new security and privacy challenges. Simultaneously, regulators and auditors are issuing new cybersecurity regulations and guidelines. A cloud environment offers financial institutions greater speed and agility than their current environments.

Risk Management 128

Risk Management Management Regulation Guidelines 128

PYMNTS

DECEMBER 5, 2018

The Swiss Financial Market Supervisory Authority (FINMA) is aiming to boost innovation in cryptocurrency and distributed ledger technology (DLT), by easing some of the existing rules.

Bitcoin 116

Bitcoin blockchain Data Massachusetts 116

PYMNTS

SEPTEMBER 16, 2019

The “who they are” component of SCA’s identity confirmation guidelines might be the area that stands to see the most innovation. Technology providers have rushed to provide physical or behavioral biometrics to overcome the two-factor authentication (2FA) hurdle, though this could change with the introduction of EMV 3D Secure.

Compliance 130

Compliance Guidelines Regulation National 130

NCR

FEBRUARY 22, 2016

Fintech startups utilize innovative technology to make financial systems more efficient, taking advantage of cloud data storage and blockchain technology. They want to get on the cloud, but have concerns about the security of customer data, and are afraid of violating the numerous compliance requirements they must adhere to.

Innovation 40

Innovation Compliance Security Data 40

Abrigo

OCTOBER 7, 2016

Web-based solutions offer secure, multi-user access so that valuation professionals working in different locations and in different time zones can access and advance the valuation work anywhere and anytime by logging in online. Software providers can update formulas if guidelines change, reducing the burden on valuation professionals.

Technology 171

Technology Boston Software Study 171

PYMNTS

SEPTEMBER 8, 2020

There are many wild stories in the annals of concert history: Ozzy Osbourne biting the head off a bat; Hells Angels handling security (with deadly results) at Altamont; or Jimi Hendrix lighting his guitar on fire on stage. Such expect-the-unexpected environments are a big part of the draw for some concert attendees. Fighting Apple and Google.

Los Angeles 174

Los Angeles Apple Google Cleveland 174

PYMNTS

SEPTEMBER 28, 2020

The rule aims to give Egyptian businesses new guidelines for how they can process and store their consumers’ data digitally and is designed to further stimulate the growth of online banking within the market. This is also the aim behind several regulatory changes taking place in other MENA markets, notably Egypt.

Online 151

Online Report Payments Regulation 151