Abrigo

JANUARY 3, 2024

While many think of trade, commerce, and cultural exchange when considering this region, ignoring the undertow of illicit activities is impossible—the border remains a hotspot for drug trafficking, illegal arms trade, human trafficking, and smuggling operations, necessitating vigilant scrutiny and transaction monitoring within the U.S.

United States 221

United States San Antonio Training Fraud 221

Abrigo

JANUARY 13, 2023

national priorities. . Human smuggling is the facilitation, for financial or other material gains, of irregular entry into a country where the migrant is not a national or resident, according to the United Nations. How human smugglers operate. Takeaway 1 The southwest border is a hotbed for human smuggling.

social media 195

social media Training San Antonio National 195

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. While the FDA decision shows that the U.S., Authentication Process.

Online 152

Online Retail Regulation Trends 152

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

Online 134

Online New Hampshire Rhode Island District of Columbia 134

PYMNTS

FEBRUARY 26, 2019

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties. and Australia.

Online 108

Online Mississippi New Jersey Boston 108

PYMNTS

AUGUST 28, 2019

The Blockchain-as-a-Service (BaaS) model enables organizations to start using Kadena’s blockchain by quickly provisioning it online, significantly reducing the cost and time-to-market associated with the on-premise installation of other blockchain solutions.

Policies 116

Policies National cryptocurrency Bitcoin 116

PYMNTS

SEPTEMBER 29, 2020

In today’s top payments news around the world, digital Filipino payments platform PayMongo has come off a funding round with $12 million, while ALDI is taking another big step in the world of online shopping. s license to operate. ALDI To Test Online Grocery Ordering At UK Stores. London Judge Reinstates Uber License.

Payments 189

Payments Regulation Capital Online 189

PYMNTS

AUGUST 7, 2019

Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Carro, which operates in Singapore, Thailand and Indonesia, said more than $500 million worth of vehicles were sold last year on its platform, up from $250 million in 2017 and $120 million the year before.”.

Online 112

Online Retail Trends New York 112

PYMNTS

JUNE 10, 2016

As a general rule, most startups aren’t too happy when the regulator comes around, and it is rarely indicative of good news. These days, however, Uber is spending its time, increasingly, in court and has even managed to allow things to break down completely in Austin such that it doesn’t operate there anymore.

Regulation 100

Regulation National Austin Fintech 100

PYMNTS

JULY 28, 2020

Many shoppers who make purchases online rely on eCommerce marketplaces to discover items and connect with trusted sellers. Robust international operations require winning over many sellers and operating smoothly around the world, activities that can be challenging for platforms. Complying With Payments Regulations.

Marketing 159

Marketing Regulation National Operations 159

PYMNTS

MAY 22, 2017

That depends, says counterterrorism and cybersecurity expert Richard Clarke, on what companies, banks and regulators are willing to learn from the incident. s National Health Service. s National Health Service. To date, more than $80,000 in bitcoin payments have been made so users could access their files again.

Regulation 116

Regulation National Online System 116

PYMNTS

MAY 4, 2016

It can seem like the low-hanging fruit of political topics, but there’s new evidence coming out that small and medium-sized businesses are feeling the crunch from government regulations. And with online commerce profit margins shrinking, does push finally need to come to shove? Shay’s last point was borne out by the data.

Study 100

Study Regulation Retail Policies 100

PYMNTS

OCTOBER 21, 2020

The EBF represents the vast majority of the European banking sector through its membership, spanning 32 national banking associations from across Europe, which in turn encompass more than 3,500 banks. The great digital shift has spurred banks to examine even the most basic levels of services and bring them online.

Data 317

Data Regulation National Examples 317

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems. Around The Data Protection World.

Mobile 229

Mobile Report America Regulation 229

CFPB Monitor

JULY 9, 2020

The agency would first offer “Payments Charter 1.0”, which he likened to a basic national money-transmitter license. The proposed payments charter would bring entities that offer payment processing services, but do not take deposits or make loans, into the national banking system overseen by the OCC.

National 78

National Company Payments New York 78

PYMNTS

FEBRUARY 2, 2021

To an extent, that same spirit and intention is behind the recent spate of government approvals for online gambling. That leads to the product of said online activity — and that’s money. 1, a milestone that also made Action 24/7 the only locally owned sportsbook gaming operator of four licensed by the state. “I Winning Converts.

Tennessee 262

Tennessee Payments social media Regulation 262

PYMNTS

FEBRUARY 6, 2020

Lauren Saunders, who serves as associate director of the National Consumer Law Center, said state-regulated lenders “lauder their loans up to 160 percent annual percentage rates through banks in order to evade state interest rate caps. These schemes are spreading across the country and are starting to explode.”. The Rent-a-Bank Scheme.

Utah 130

Utah National California Regulation 130

PYMNTS

AUGUST 17, 2020

California lawmakers are moving quickly to create a financial watchdog agency as a new department of their state government, as the coronavirus pandemic accelerates financial crime across the nation. At the center of it all: online gaming, and the way we access the latest popular diversions (or don’t).

California 148

California Massachusetts Apple Fraud 148

PYMNTS

FEBRUARY 25, 2020

The country’s recent cybersecurity and Open Banking developments have thus been the subjects of extensive scrutiny among its own regulators, as well as among cyber and financial experts around the world. These differences will become critical as the finance world grows smaller, thanks to online and Open Banking. and the U.S.

Regulation 140

Regulation Compliance Online Data 140

PYMNTS

APRIL 9, 2020

million ransom to get their systems back online, The Wall Street Journal reported. A Travelex spokesman told the WSJ that the firm got advice from security experts on how to proceed, and have kept its investors and regulators up to date on the recovery. Then another seven days and the sale of the entire base.”

Report 279

Report Groups Data Cards 279

PYMNTS

OCTOBER 13, 2020

Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. That’s according to the U.S. In the report from the U.S. The DOJ report stands as only the latest of warnings over the risks tied to cryptos.

cryptocurrency 206

cryptocurrency United States social media Regulation 206

CFPB Monitor

NOVEMBER 19, 2018

Thirteen Republican Senators have sent a letter to FDIC Chairman Jelena McWilliams urging the FDIC to take action to ensure that lawful businesses are no longer at risk of adverse financial consequences as a result of “Operation Choke Point, and its associated culture and Choke Point-like regulatory actions.”.

FDIC 68

FDIC Operations Policies Regulation 68

PYMNTS

JULY 16, 2020

United Nations Federal Credit Union (UNFCU) has partnered with cross-border payment network Thunes in order to bring mobile wallet money transfers in local currencies to members, according to a press release. Chief Member Operations Officer Bill Thomas said UNFCU is “dedicated to providing our members with financial peace of mind.”

Mobile 167

Mobile National Operations Regulation 167

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

Google 142

Google National Fintech Regulation 142

PYMNTS

JUNE 18, 2020

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). But this has not been true for online transactions. “I’m

Groups 131

Groups Regulation Fraud Security 131

PYMNTS

JULY 13, 2020

The nation’s banks hoping to use COVID-19 as an excuse to shutter branches or get permanent concessions from regulators better think again, the Financial Times reported. Department of Treasury, told the newspaper he was not prepared to revisit the fundamentals of bank regulations as a result of the pandemic. Brooks told U.S.

San Francisco 172

San Francisco Regulation California National 172

Abrigo

APRIL 6, 2022

Takeaway 2 The change includes an obligation to inform regulators of a “notification incident” ASAP and no later than 36 hours after a reportable event occurs. Background Historically, the federal banking regulators required financial institutions to file two types of reports for certain cybersecurity incidents.

Security 195

Security Regulation District of Columbia United States 195

PYMNTS

OCTOBER 26, 2018

More legal troubles have emerged for the Office of the Comptroller of the Currency (OCC) over its plan to introduce national bank charters for FinTechs, aimed at making it easier for alternative financial services players to do business. state bank regulators said it filed a complaint in the U.S. . Reports in Reuters on Thursday (Oct.

District of Columbia 156

District of Columbia National Fintech New York 156

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools.

America 165

America Regulation Regional Tools 165

PYMNTS

APRIL 14, 2020

Gig workers’ rights and benefits — including healthcare and access to unemployment — have become key topics debated by regulators in th e United States as they work to figure out how to provide support. and other countries is the way consumers and regulators th ink about it. How The Pandemic Is Impacting Business Regulations.

Regulation 285

Regulation Examples United States National 285

PYMNTS

FEBRUARY 24, 2020

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. The country’s government and regulators are keeping pace with those in the European Union and the U.S. The law is still ambiguous.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

DECEMBER 19, 2017

If the court decides Uber is a transportation company, that decision should not have an immediate impact on the company’s operations. It will give local EU authorities permission to regulate Uber as if it was a taxi company, however. .

Regulation 128

Regulation Operations Company Online 128

South State Correspondent

JUNE 7, 2023

ERC Assist works with a nationally recognized, top-tier accounting firm specializing in financial institutions and has helped more than 25 banks collate the data and documentation needed to file an ERC claim. Unable to hold in-person meetings—with customers, partners, regulators, industry representatives, and more.

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Taxes Meeting Operations ATM 195

PYMNTS

JULY 24, 2020

The company had launched an online marketplace for 34 countries in the region last year and recently acquired a minority stake in the eCommerce solutions provider with which it collaborated on the effort. Platforms also need to be sure that they can comply with the regulations of each country they serve.

Compliance 152

Compliance Report Payments Security 152

PYMNTS

MARCH 7, 2018

Reuters reported news that the price of the marquee name in cryptocurrencies dipped as low as $9,450 in intraday trading when the Securities and Exchange Commission (SEC) announced there were “potentially unlawful” systems operating that allow the trading of cryptocurrencies.

Bitcoin 108

Bitcoin cryptocurrency Regulation Security 108

PYMNTS

MARCH 15, 2018

The European Commission is at work on a new proposal that aims to shape how online platforms — spanning eCommerce and mobile apps — rank search results. The proposal is set to be published next month and then must be approved by the European Parliament and by national governments, said Reuters.

Google 129

Google Apple Regulation Taxes 129

PYMNTS

JULY 6, 2020

Travala.com , the Binance-backed online trading agency, will be allowing travel bookings through Expedia paid for in cryptocurrency for the first time since 2018, according to CoinDesk. has now been approved to operate its derivatives platform, CoinDesk reported. In other news, a subsidiary of cryptocurrency exchange Kraken in the U.K.

Bitcoin 169

Bitcoin cryptocurrency blockchain Regulation 169