PYMNTS

SEPTEMBER 23, 2020

He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic. With regulations governing open banking, [like] PSD2, and storage of data, [like] GDPR, we now have an even stronger case to securely open our systems to external partners,” Schmidt said. Security Takes Center Stage.

Compliance 225

Compliance Regulation Guidelines Security 225

PYMNTS

AUGUST 7, 2020

To address grievances, the central bank will require payment system operators to introduce an online dispute resolution center. Based on the experience of the pilot, more specific guidelines for the launch will be announced at a later date. In addition, as the number of digital transactions rises, so do disputes.

Payments 267

Payments Guidelines National System 267

PYMNTS

JUNE 11, 2020

Biometric recognition technology uses a combination of artificial intelligence (AI) and machine learning (ML) to scan, analyze and store users’ biometric data, such as fingerprints, facial features, voices or even online browsing patterns to confirm that users are who they say they are.

Compliance 186

Compliance Guidelines Meeting Tools 186

PYMNTS

DECEMBER 18, 2020

Pharmaceuticals supply chain security expert Amy Shortman reportedly told the Financial Times: “There will always be a market for people who wouldn't necessarily have access to that medicine and wanted to protect themselves and their families. In the United States, the FBI posted guidelines on its website for avoiding COVID-19 crime.

Report 274

Report United States social media Guidelines 274

PYMNTS

SEPTEMBER 23, 2020

As additional benefits of the program, consumers can apply online and receive card information almost immediately upon approval, and can begin making purchases online, in-app and at the point of sale through digital wallet offerings, as well as an optional physical card.

America 251

America Cards Guidelines Apple 251

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. Those processors will in turn work with issuing banks to offer near-instant issuance of cards.

Cards 249

Cards Management Tools Guidelines 249

PYMNTS

OCTOBER 1, 2020

As the digital revolution continues to transform the way shoppers pay for things amid the COVID-19 pandemic, Mastercard announced a free online tool to help entrepreneurs future-proof their companies. Fortunately, Cadore quickly pivoted her business to focus on online sales and partnerships with online retailers.

Tools 262

Tools Cards Guidelines Online 262

American Banker

JUNE 23, 2021

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User Experience 53

User Experience Guidelines Online Security 53

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. A scam usually begins with online contact via social media or dating apps. Would you like other articles like this in your inbox?

Fraud 195

Fraud cryptocurrency Training social media 195

PYMNTS

DECEMBER 1, 2019

Fidelity partnered with San Francisco-based security token platform TokenSoft to create and deploy the internal token using the ERC-1404 token standard, which is compliant with US Securities and Exchange Commission (SEC) guidelines for securities.

San Francisco 182

San Francisco cryptocurrency blockchain Bitcoin 182

PYMNTS

JANUARY 10, 2019

McLain told PYMNTS that the guidelines the card schemes or PSPs offer to merchants can assist with the technical heavy lifting that can help balance security and commerce. The guidelines could help a merchant capitalize on the maximum number of exemptions that are available as part of PSD2.

Guidelines 173

Guidelines Compliance Fraud Cards 173

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. A recent survey of bank consumers found that online account openings at community banks have increased by 14.5

Community Bank 176

Community Bank Community Security Digital Banking 176

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. The bill proposes several changes to how online data can be used and stored, as well as the level of access end consumers have to this data.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

PYMNTS

NOVEMBER 27, 2020

PYMNTS’ November 2020 Merchants Guide To Navigating Global Payments Regulations done in collaboration with Ekata examines issues around security and compliance as open banking continues its push across oceans and over legal hurdles and toward eventual ubiquity. For clues as to what open banking will look like in the U.S.

Compliance 198

Compliance Regulation Payments Study 198

PYMNTS

SEPTEMBER 23, 2019

consumers pay for goods and services online, the company said in a press release on Monday (Sept. Buyers can check their account balances and make online payments. “It’s The new guidelines have also made room for new payment products like Pay with Bank transfer. Its Pay with Bank Transfer will be offered in Q4 to U.K.

Payments 189

Payments Guidelines Innovation Online 189

PYMNTS

MARCH 27, 2020

Only a few days into a lockdown to combat the COVID-19 crisis, online shopping firms such as Flipkart and Amazon are encountering disruption in India. It has been a challenge for some companies to secure curfew passes for their delivery staffers, for example. The firm has noted that local restrictions prevent it from sending the items.

social media 141

social media Guidelines Operations Online 141

PYMNTS

NOVEMBER 7, 2019

Many expanding technologies raise ethical implementation concerns, and digital ID’s extraordinary potential means coordinating clear and internationally accepted guidelines is increasingly necessary. Balancing the needs for privacy and verification is difficult for any online business lacking a clear-cut solution. as a guideline.

System 131

System Guidelines National Online 131

PYMNTS

NOVEMBER 4, 2020

regulators have taken a more hands-off approach by issuing non-binding guidelines, thus allowing industry stakeholders to pave the way forward. This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K. the Federal Reserve Bank of Boston said, “To date, U.S.

US 171

US Boston Regulation Data 171

PYMNTS

JANUARY 27, 2021

Shift4Shop helps businesses create eCommerce websites to start selling their goods and services online. We developed QR Pay to provide a completely touchless payment experience that’s secure, safe, and convenient.”. 27) in a press release. The platform offers website templates, product and order management, and marketing tools.

Payments 141

Payments Guidelines Software Industry 141

PYMNTS

APRIL 13, 2020

Telecommuting, online education and moving to a cashless and virtual financial system will likely become the norm,” he told PYMNTS. This most recent black swan is proving that online financial services are a lifeline service.”. We built some of the first eWallets and online marketplaces.

Innovation 258

Innovation Online Guidelines Cards 258

PYMNTS

JULY 28, 2020

Airbnb received a similar communication from the tech company once it started an “online experiences” segment that provided offerings like culinary instruction, according to two unnamed sources in the report. It said not charging the commission would not be equitable. “To

Apple 152

Apple Guidelines New York Policies 152

PYMNTS

JULY 7, 2019

7-Eleven Japan had to suspend the mobile payments feature on its 7Pay app due to a security flaw that affected around 900 people. The men are suspected of being connected to (or hired by) a Chinese crime ring known for using stolen identities online.

Guidelines 126

Guidelines Security Cards Mobile 126

PYMNTS

APRIL 15, 2020

“eCommerce operations, operations of IT and IT-enabled services, data and call centers for government activities, and online teaching and distance learning are all permitted activities now,” according to the revised guidelines issued by the Ministry of Home Affairs (MHA).

Guidelines 140

Guidelines Operations Online Technology 140

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. Merchants] that were completely in the Stone Age and had no great way [for consumers to pay] online.

Compliance 178

Compliance Meeting Payments Cards 178

PYMNTS

MAY 5, 2020

The good news, Pangretic added, is that consumers and businesses are getting better at detecting fraudsters trying to ply their trade across mobile and online transactions. “Mobile transactions have become the latest opportunity for fraudsters,” he said.

Cards 197

Cards Fraud Guidelines Mobile 197

PYMNTS

APRIL 30, 2020

The new surge in demand is putting financial institutions’ (FIs’) online and mobile offerings to the test and allowing FIs to show off their digital investments and know-how to assure customers that they are in good hands. These online and mobile experiences must be convenient, seamless and secure, or consumers are likely to abandon them.

Digital Banking 150

Digital Banking Mobile Online Millennials 150

PYMNTS

AUGUST 28, 2019

In terms of mechanics, the credit scoring software will use data spanning bank and corporate transactions, and Nikkei said the lenders would need to secure borrowers’ consent before accessing and using that data. Fujitsu has noted that there has been a shortage of data specialists that can provide credit analysis in the country.

Fintech 172

Fintech Analysis Guidelines Data 172

PYMNTS

MARCH 27, 2020

“Payments Initiation, which is enabled by PSD2, is driving the adoption of Open Banking” in the business banking and payments space, she told PYMNTS, pointing to the benefits of lower transaction fees, speed and elevated security as key drivers of adoption. Each one of these factors provides tangible benefits to businesses.”.

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 14, 2020

Restaurants are working overtime to ensure their ordering systems are as friction-free and secure as possible, with many deploying advanced technologies to do so. Public spaces are gradually starting to reopen, with limited capacity and other social distancing guidelines set up. Developments From Around the Mobile Order-Ahead World .

Analytics 161

Analytics Fraud Data Mobile 161

PYMNTS

SEPTEMBER 16, 2019

Essentially, SCA mandates that millions of consumers will need to confirm their identities for most of their online purchases using two of the following: who they are (e.g., Online merchants could collectively lose approximately $57 billion in 2020 due to SCA adjustments, under current levels of preparedness. a password).

Compliance 130

Compliance Guidelines Regulation National 130

PYMNTS

AUGUST 27, 2019

Under the guidelines, which cover exchanges, trading platforms and wallet providers, the regulators state businesses are not exempt from standards that tie in anti-money laundering (AML) rules, among other mandates. Securities Exchange and DLT. The integration will let wallet users pay merchants across online options, including mobile.

blockchain 145

blockchain Regulation Payments Bitcoin 145

PYMNTS

JULY 23, 2020

Brazilian lawmakers have been developing open banking plans since 2019, for example, outlining rough guidelines to be enacted late this year. Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools. The creation of open banking initiatives in the E.U.

America 165

America Regulation Regional Tools 165

BankBazaar

MARCH 18, 2020

Do take advantage of our online paperless processes for your credit needs. We’ve enabled remote working for most teams with all the technology and tools in place to ensure data security and privacy compliance. Use the additional time on your hands to check your Credit Score regularly so you’ll know if anything is amiss.

Guidelines 78

Guidelines Policies Compliance Tools 78

PYMNTS

OCTOBER 14, 2019

Part of the problem is that money laundering controls are easier for fraudsters to anticipate than security measures for other cybercrimes. security standards from those in markets like Europe. If a bank flags transactions over a certain limit, for example, a bad actor can easily avoid making transactions that surpass it.

Strategy 109

Strategy Fraud Innovation Regulation 109

FluentBanking

JUNE 1, 2020

The bank launched the solution on Sunday inline with Bangladesh Bank's electronic Know Your Customer (e-KYC) guideline to help customers and employees maintain maximum possible social distancing amid the Covid-19 pandemic said a press release. The account will be opened in Insta Banking App, under Bangladesh Bank EKYC Guideline. -No

Guidelines 84

Guidelines Cards National Digital Banking 84

FirstInternet

MARCH 23, 2020

” For additional recommendations, the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) offers guidelines to further protect your home and business computers or other devices against cyberattacks. The biggest problem with cybersecurity?

Security 78

Security Guidelines Policies Online 78