Abrigo

MARCH 2, 2023

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. Takeaway 2 According to Forrester data, firms pursuing technology-driven innovation grow three to four times faster than industry averages.

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Technology Lending Community Software 195

PYMNTS

DECEMBER 7, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments around the world. UK Regulations to Create New Digital Markets Unit. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms.

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Apple Regulation Taxes Marketing 143

PYMNTS

JULY 31, 2020

China’s State Council’s Anti-Monopoly Commission is considering investigating Alipay and WeChat Pay , two of the county’s biggest online payment and money transfer platforms, Reuters reported. COVID-19 and its aftermath moved the country from cash to online payments. The mobile banking market reported 56.2 Reuters reported.

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PYMNTS

DECEMBER 16, 2020

In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. The technology, which is a collaboration with PT Bank Central Asia, functions as a supplement to the GoBiz retailer super app.

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PYMNTS

JANUARY 8, 2021

s Competitions and Markets Authority (CMA) has begun an investigation to look at whether Google’s proposals would hurt publishers and give the Big Tech behemoth an even bigger piece of the online advertising pie, Reuters reported on Friday (Jan. regulator’s CEO, told Reuters.

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Google Regulation Online Apple 151

PYMNTS

JUNE 12, 2020

regulators. The Competition and Markets Authority (CMA) announced Friday (June 12) the probe will determine whether the transaction will reduce competition and raise prices for goods or services. News that the online database for users to share videos was joining Facebook came in Mid-May. Facebook is drawing scrutiny from U.K.

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Regulation Video Community Marketing 151

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. The pandemic is dramatically altering how merchants can transact, which data they can store and where they can store it, however.

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Regulation Data Regional Examples 175

PYMNTS

JULY 1, 2020

Keeping up with customers’ shifting behaviors and preferences amid changing regulations is a familiar challenge for today’s small- to medium-sized businesses (SMBs), but the pandemic’s impact on the scale of digital payments has steepened the learning curve for these merchants. One study found that card-not-present (CNP) transactions rose 29.7

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Regulation Payments Study Online 160

PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Regulators in countries like Egypt have only recently rolled out their data protection rules.

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Online Report Payments Regulation 151

PYMNTS

FEBRUARY 17, 2020

Breton, who is a former CEO for French telecoms provider Orange and French technology company Atos, is also expected to deliver a set of rules in two days that will rein in the tech giants and state-aided Chinese tech companies. He said any regulations should take this into account.

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Regulation social media Meeting Google 141

PYMNTS

MAY 18, 2016

As President of Trulioo, Jon Jones is passionate about protecting consumers and businesses from all facets of fraud and subsequent loss — but he doesn’t believe that doing so effectively has to come at the expense of technological innovation. PYMNTS: How would you define your company’s approach to innovation?

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Innovation Technology Regulation Fraud 100

PYMNTS

MARCH 31, 2020

legislators in several states are either drafting, voting on or have passed requirements to tackle online data’s and transactions’ importance, but these laws often do not integrate well with those passed in neighboring states. The COVID-19 pandemic has led to a jump in online payments versus those made in stores, for example.

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Regulation Data US Washington 154

PYMNTS

DECEMBER 28, 2020

Large Chinese companies, including Alibaba and rivals Tencent , food delivery giant Meituan and retailer JD.com , have lost almost $200 billion in Hong Kong since regulators announced last week that they were investigating Alibaba's reported monopolistic practices, according to Bloomberg. Regulators on Sunday (Dec.

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Regulation Google Report Capital 141

PYMNTS

AUGUST 7, 2020

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

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Online System Fraud Video 222

PYMNTS

DECEMBER 9, 2020

The pandemic has spurred consumers to go online for all manner of daily activities — and the fraudsters are following them. And new regulations are taking root or are on the horizon to help protect consumers, their data and how that data might be used.

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Regulation Security Data Course 234

PYMNTS

NOVEMBER 16, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers around the world. Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. Group Seeks to Block Maryland Online Advertising Tax.

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Maryland Taxes Online Groups 151

PYMNTS

APRIL 11, 2019

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans. Online food delivery is in the midst of what might one day be called a golden age.

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Online Retail Regulation Maine 169

PYMNTS

FEBRUARY 17, 2020

increased regulation over content delivered online through platforms may be on the horizon. This past week, Britain’s federal government said its media regulator, known as Ofcom, would be given new oversight to monitor and regulate material posted on the web by companies such as Facebook, Google and Twitter. In the U.K.,

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Regulation Google Operations Company 140

PYMNTS

APRIL 10, 2020

“I think one of the largest reasons [insurers are still using checks] is because claim payments, the paying out of a claim, is [a] loss of money, and it is really hard for companies to focus or invest resources in a place in which you are losing money already,” Michele Schmitt, senior product manager for B2B insurance technology firm Tr?v

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Mobile Technology social media Customer Experience 198

Independent Banker

FEBRUARY 28, 2023

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. Andrew Catalano, Austin Williams While most community banks aren’t yet using first-party data for marketing purposes to grow revenue and retain customers, experts say those willing to invest in the effort can reap big rewards. “To

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Community Bank Community Marketing Data 129

PYMNTS

MARCH 21, 2019

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. This will have a huge impact,” Hochrieser told PYMNTS.

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Online Retail Regulation Trends 152

PYMNTS

AUGUST 20, 2018

The case against them, and the decision it rendered, deviated sharply from the traditional Sherman Act cases that accused companies of using their market power to raise prices to the detriment of the consumer. Regulators didn’t destroy A&P in the end. That decision caught many by surprise, including the Hartford brothers.

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Regulation Online Innovation Google 105

PYMNTS

MARCH 5, 2020

The idea of tapping into the blockchain to support a digital property market isn’t entirely novel. One cybersecurity company’s chief technology officer told the newspaper that personal information of roughly 266,000 people was put on many websites for file sharing sites after the reported incident. residents without its clearance.

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Regulation San Francisco Bitcoin blockchain 192

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M.

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Online New York Lending Regulation 100

PYMNTS

JANUARY 26, 2021

When it comes to the Chinese government and its regulators, it’s hard to read the tea leaves. But it is also a major Chinese lender , and that has attracted negative attention from regulators. Problems with regulators hit full force in November when the Shanghai Stock Exchange acted to delay Ant Group’s plan to go public.

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Regulation Groups Financial Technology Online 238

PYMNTS

FEBRUARY 4, 2020

Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.”. The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. All in, counting online and in-person wagers, Super Bowl betting was worth roughly $6.8

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PYMNTS

NOVEMBER 27, 2017

operator of China’s leading online lender Fenqile, was slated to meet with advisers over the weekend to decide if it will go ahead with a proposed initial public offering (IPO) in the U.S. Investors have been questioning the regulatory climate for online lenders in China during premarketing meetings for the IPO.

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Online Lending Regulation Meeting 100

PYMNTS

MAY 7, 2020

Many are instead flocking to online gambling sites after the closure of all 989 commercial and tribal casino properties in the U.S. However, it can take a long time for online players to collect funds, unlike at casinos, where consumers can instantly collect winnings in cash. payments market is behind that of Europe, but U.S.

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Online New Jersey Pennsylvania Regulation 142

PYMNTS

JUNE 28, 2018

Everyone’s always talking about online privacy , but this past week or so has brought a meaningful uptick in that ongoing discussion, including a debate that could shape privacy regulations throughout the United States. The state attorney general’s office would work out the specific privacy regulations. Industry and D.C.

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Regulation San Francisco California United States 101

PYMNTS

JULY 24, 2019

The division will also look at new way to use technology to address financial exclusion; identify and protect consumer data rights; and encourage innovations so that the state maintains its presence as a financial innovation hub. And the New York Times has revealed that it is planning to use blockchain technology to fight fake news.

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Regulation Bitcoin New York Online 108

PYMNTS

AUGUST 27, 2019

As reported by CoinTelegraph , Switzerland ’s Financial Market Supervisory Authority (FINMA) this week unveiled guidance on the regulatory requirements that govern payments done over blockchain. CCN reported that the two “bridge the gap between functional DLT [distributed legder technology] tech and older, more traditional finance aspects.”.

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blockchain Regulation Payments Bitcoin 145

PYMNTS

DECEMBER 10, 2020

Several companies, including Twitter , are urging European Union regulators to “defend the Open Internet.” The letter acknowledges that concerns are growing on the continent “regarding the impact of digital technology.” That’s even as “repressive regimes around the world use draconian legal frameworks to stifle online freedoms.”.

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Company Regulation Taxes Regional 225

Insights on Business

APRIL 21, 2017

Quite the contrary, the industry had to adapt to an onslaught of new regulations in the aftermath of the Global Financial Crisis. A decade later, it may have to adapt to the dismantling of those same regulations but remain keyed up for the not-unrealistic possibility of another regulatory assault in a few years.

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Technology Compliance Regulation Training 156

PYMNTS

JANUARY 29, 2019

For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. First, a review and update about the online sports gambling situation in the U.S. Now, at least eight states have some form of legal online sports betting.

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Online Las Vegas New Jersey Fraud 169

PYMNTS

OCTOBER 19, 2018

They are able to use cutting-edge technology, black-market websites and top-level, nimble and well-secured global networks to work their craft. Those fraudsters can learn new techniques and keep a step ahead of companies, regulators, law enforcement and governments. This is only likely to get worse. Biometric Promise.

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Fraud Online social media Software 189

Perficient

JANUARY 7, 2021

From retail to consumer goods, online and mobile sales are up significantly. It’s frequently someone who is an early adopter of technology and likes everything at their fingertips, including a big screen in the car that helps seal the deal for many. People are more comfortable than ever transacting digitally.

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Marketing Industry Mobile Massachusetts 309

PYMNTS

AUGUST 10, 2018

At first glance, 2018 is shaping up to be a year that has brought meaningful consumer, regulatory and legislative backlash against lax online privacy. Overall, 69 percent of consumers favor GDPR-like regulations in the United States. Except, maybe not. First, a few caveats. Privacy Changes. In fact, just 9 percent of U.S.

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Online social media Baltimore Data 101