PYMNTS

JULY 9, 2020

A new rule from the United Nations will require connected cars sold in Japan, South Korea and the European Union, among other places, to be protected against cyberattacks, The Wall Street Journal (WSJ) reported. and Texas-based lobbying group Global Semiconductor Alliance , which works with semiconductor and technology companies.

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JUNE 16, 2020

They spoke before the Subcommittee on National Security, International Development, and Monetary Policy Tuesday. Additionally, Kellerman called for a tax credit to encourage firms in the financial vertical to set aside 10 percent of their information technology (IT) budgets at a minimum toward cybersecurity.

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PYMNTS

MARCH 13, 2019

The face would be linked to a payment account, although whether the technology will work for similar faces or twins is not known. The technology was designed by Shenzhen Metro and telecom company Huawei. The metro company hasn’t said if and when facial recognition will become a part of all of its lines.

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PYMNTS

FEBRUARY 7, 2019

Amazon supports a national legislative framework for the use of facial recognition that “protects civil rights and ensures that governments are transparent in their use” of the technology. 7) about the topic, laying out not only the company’s views, but also guidelines for lawmakers who could be drafting future legislation.

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PYMNTS

MAY 27, 2020

CU branches across the United States have temporarily closed to help slow the spread of contagion, forcing CUs to find new ways to engage with their members via connected technologies, from mobile devices to laptops and especially ATMs. Developments From Around The CU Ecosystem.

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PYMNTS

APRIL 7, 2017

A bill that would encourage SMEs to follow cybersecurity guidelines is making its way through Congress as an addition to existing legislation encouraging the same of large corporates. According to reports, the Senate Committee on Commerce, Science and Transportation discussed the legislation Wednesday (April 5).

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PYMNTS

OCTOBER 24, 2019

The Association of National Numbering Agencies ( ANNA ) announced the launch of a new task force that will look into the identification of digital assets. This is an important joint effort in further exploring the potential of distributed ledger technology for the financial services industry.

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PYMNTS

JULY 4, 2018

In addition, the EBA said banks might be burdened with old technology, Reuters reported. According to a prior report from Reuters , a document by the European Commission revealed that the law would enable the FinTech sector to grow through crowdfunding and common blockchain technology standards.

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PYMNTS

OCTOBER 9, 2018

Reuters , citing a statement from WhatsApp, reported the company confirmed it built the system in response to India’s payment data guidelines. In June, Bloomberg reported that the Ministry of Electronics and Information Technology (MeitY) asked WhatsApp , along with partner banks, to provide additional details about the system. “We

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PYMNTS

MARCH 6, 2018

According to news from Reuters , a document by the European Commission revealed that the law would enable the FinTech sector to grow through crowdfunding and common blockchain technology standards. “An In addition, the EU would work toward creating common standards for the blockchain technology that supports cryptocurrencies. “An

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PYMNTS

NOVEMBER 5, 2018

According to The Verge , the company announced that with the new system, users will need to register their Chinese national IDs in order to play any of its games. This new system aims to enforce these existing guidelines. Those who are 13 to 18 can play up to two hours a day.

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SEPTEMBER 16, 2019

to come up with a national privacy law were stymied. CEOs, is asking Congress to pass a comprehensive consumer data privacy law that establishes a national framework and strengthens protections for consumers. Previous efforts for the U.S. This week, however, the Business Roundtable, an organization comprised of top U.S.

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AUGUST 28, 2019

That improvement can come as the gains may be seen across digitalization and networking efforts and China’s financial technology can be at the “international leading level.”. The deal will, in turn, allow Cryptix to apply for a license as an investment firm in the region, focusing on financing solutions for small- and medium-sized companies.

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PYMNTS

MAY 12, 2020

The National Retail Federation (NRF) guidelines allow individual retailers to decide whether to reopen fitting rooms. As more and more retailers open back up, they will need new technology solutions to coax shoppers back into their stores. Post-pandemic fashion retail is starting to take shape.

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PYMNTS

OCTOBER 14, 2019

Between $800 billion and $2 trillion USD is laundered each year, according to the United Nations Office on Drugs and Crime, and fraudsters undoubtedly hope to raise those amounts. AI’s importance in wading through data can be seen in areas like the Asia-Pacific (APAC), where 68 percent of FIs rely on the technology to manage clients.

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BankBazaar

MAY 22, 2020

Airlines will resume operations from May 25, but with no vaccine in sight and the number of COVID-19 cases spiralling out of control, travel has come to a standstill for nations across the world. Companies are rapidly revolving technologies that will help airports leave physical contact out of the equation. One thing is for certain.

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PYMNTS

NOVEMBER 29, 2018

As evidence that sandboxes are ever-increasingly a global phenomenon, Kuwait’s central bank put forth guidelines this week that are geared toward companies seeking to meld financial technology (FinTech) and financial services (FinServ). The sandbox, Reuters reported, has four phases.

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Independent Banker

DECEMBER 1, 2021

Increasing role of technology. Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. 18% of these consumers opened an account with an online-only direct bank.

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PYMNTS

SEPTEMBER 11, 2019

Businesses that use real-time payments are more competitive, as the technology is becoming the standard for global commerce. Some of the most commonly used cross-border digital payment solutions employ application programming interface (API) technology, which can facilitate the exchange of information between otherwise disconnected systems.

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PYMNTS

JANUARY 22, 2021

The National Restaurant Association has issued new guidelines for third-party meal delivery. In addition, participating restaurants are provided access to customer data, a statewide marketing campaign and can integrate Ritual One with Google, Instagram and Facebook.

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PYMNTS

SEPTEMBER 3, 2019

As blockchain continues to make inroads into supply chain tracking, various companies in the food and produce industry have been leveraging distributed ledger technology (DLT) to source and monitor “farm-to-table” activity. Shipment Tracking. The TradeLens support in Thailand comes as a result of the country’s Thailand 4.0

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PYMNTS

DECEMBER 18, 2020

The National Restaurant Association ’s initial 2020 outlook was bright, as it projected sales just shy of $900 billion. Social distancing guidelines, stay-at-home orders and mandated dining room closures around the U.S. slowed restaurant traffic to a trickle, however, resulting in just $659 billion in revenue by year’s end.

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PYMNTS

DECEMBER 19, 2018

To that end, in South Korea, a number of government ministries are looking into blockchain, eyeing the potential boost distributed ledger technology can give to marine logistics. Blockchain has been steadily making inroads in the B2B realm as a way to help boost supply chain transparency and efficiencies. As Coindesk reported Tuesday (Dec.

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PYMNTS

AUGUST 6, 2019

Progress has been made in modernizing information technology services for taxpayers,” he stated. As reported in GPM Institute , Singapore recently became the first Asian country to join the European Commission’s eInvoicing initiative to promote the exchange of electronic invoices across national borders. On Monday (Aug.

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JULY 16, 2018

Less abstractly, the future of the automotive industry — along with the payment and commerce tasks associated with it — depends significantly on the type of technology that ties together web-enabled cars and trucks with outside networks. What do the connections connect to themselves? A debate about those connections is heating up in Europe.

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MAY 15, 2018

The National Council of Firefighter Credit Unions (NCOFCU) agreed to work with web design firm OMNICOMMANDER. Under the partnership, OMNICOMMANDER will offer built-in mobile responsiveness to ensure that websites are mobile-friendly, offer SSL encryption and align with ADA guidelines. You can’t be afraid of it.

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NOVEMBER 2, 2020

Persuaded by the resilience of online business versus brick-and-mortar counterparts during COVID’s first wave, consumers’ payments preferences combined with ongoing infection fears catapulted a selection of digital technologies into the lives of millions for the first time.

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JUNE 2, 2020

Although it lacks Hilton’s partner power, it is adhering to CDC and government guidelines and best practice policies to protect guests and employees. For example, Northeast clothing retailer Mixology announced that it has selected ViaClean Technologies to disinfect and protect its retail locations.

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PYMNTS

FEBRUARY 24, 2017

Earlier this month, the BSP published guidelines for entities that offer exchange services, including a registration requirement with both BSP and the nation’s anti-money laundering organization. Bitcoin exchanges will also be subject to annual fee services.

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PYMNTS

MARCH 15, 2019

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright. The CPA Steps In.

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JUNE 28, 2019

But the pending ban does highlight the need for a national standard regarding the minimum age to buy such products, he said. Not having a set of guideline or rules” at the federal level “creates a lot of confusion and disruption.” Some merchants balk and end up leaving — Hardy estimated that segment to be “5 percent or less.”.

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PYMNTS

AUGUST 29, 2018

Anytime an EU citizen relocates to a new member nation, they have to start over with establishing their digital identity. The regulations do not come with any specific technology recommendations, but do come with guidelines for time stamping, electronic seals, electronic delivery and website authentication.

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American Banker

NOVEMBER 10, 2016

Banks have been waiting on Justice Department guidelines on how to make their websites compliant with the Americans with Disabilities Act, but many are being advised to take action now or face lawsuits from disabled customers.

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CFPB Monitor

SEPTEMBER 19, 2022

Sentencing Guidelines applicable to BSA violations, to prevent federal district courts from “viewing BSA offenses as mere technical or regulatory violations not meriting a substantial period of incarceration.” The Report. Lifting the $500,000 cap on administrative forfeitures involving cryptocurrencies (vs. Enhancing the U.S.

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NCR

AUGUST 18, 2017

Over the past year or so, major banks across the world have begun investigating what blockchain technology can offer to their business, with many use cases now being piloted. It started out as the rails for cryptocurrencies like Bitcoin, but has evolved as a technology that can transform many legacy business paradigms in the banking sector.

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APRIL 30, 2018

Understanding that the brave new world of connectivity also creates a set of challenges, the European Commission has begun outlining guidelines for companies in the space and promoting heightened cybersecurity to keep citizens’ personal data safe. Enforcement of GDPR laws will fall to the Data Protection Authorities (DPAs) across the EU.

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NCR

APRIL 23, 2018

The implementation of the EU’s Second Payment Services Directive, better known as PSD2, is now complete, with all countries within the bloc required to have enacted its provisions into their national law as of January 13th this year. Ensuring strong customer authentication. Reducing fraud in an open banking environment.

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