PYMNTS

AUGUST 19, 2019

The Australian Securities and Investments Commission (ASIC) is just weeks away from filing lawsuits against the country’s biggest banks, as the regulator increases its active investigations, Reuters reported on Monday (Aug.

Regulation 109

Regulation Groups Report National 109

PYMNTS

JANUARY 2, 2020

The finance ministry in India passed a new regulation saying that companies with sales of more than ?50 The new regulation went into effect on Jan. The new regulation went into effect on Jan. RuPay is a payment network offered by National Payments Corp. The fine for non-compliance is going to be ?5,000

Cards 130

Cards blockchain Retail Cyber Security 130

PYMNTS

OCTOBER 13, 2017

When the impact stretches across oceans, nations and demographics, though, and those affected number in the hundreds of millions, a sea change is a-swelling. How do they make decisions about retail transactions, lending activities or money transfers in milliseconds? Equifax brings a few key questions to mind.

Industry 144

Industry Security eBook Data 144

PYMNTS

NOVEMBER 7, 2018

The company said Instacart Pickup provides customers with expanded delivery and/or pickup options, enabling them to order via Instacart and pick up groceries at retailers. Wells Fargo Gets OCC Warning Over Tech a nd Security Issues. SWIFT Denies Rumor It Is Integrating With Ripple.

National 128

National Retail Branding Data 128

PYMNTS

JULY 16, 2018

New rules may loom for technology providers pertaining to privacy — on a national level. In another nod toward privacy, Microsoft wants to see government regulation of facial recognition technology. Bloomberg reported that the top 10 regulated banks in the U.S. Facial Recognition’s Need for Legislation?

National 100

National California Regulation United States 100

PYMNTS

MAY 15, 2018

The Central Bureau of Investigation (CBI), India’s main investigative agency in the country, has filed charges in the Punjab National Bank fraud case against Nirav Modi, the jewelry retail owner, and his uncle Mehul Choksi, as well as senior executives at the state-run lender.

Fraud 100

Fraud National Maine System 100

PYMNTS

NOVEMBER 23, 2020

A recent report released by the United Nations found that 132 out of 194 countries have now introduced data protection regulations of some kind, all varying in terms of what type of information they protect and the severity of their restrictions. Around The Data Protection World.

Industry 298

Industry Regulation Data Study 298

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). The implementation delay gives regulators an opportunity to get it right, Rodgers said.

Groups 131

Groups Regulation Fraud Security 131

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 trends toward modernizing the banking system were only accelerated by lockdowns and shutdowns of brick-and-mortar locations.

Data 317

Data Regulation National Examples 317

PYMNTS

SEPTEMBER 30, 2019

These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. Retailers in high-tax states have largely not been able to build themselves up or expand online beyond their local markets to the same extent, Rogers said. .

Retail 109

Retail Taxes Virginia South Dakota 109

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

JULY 24, 2020

These marketplaces need to have strong security approaches in place, however, to ensure they do not accidentally onboard any fraudulent sellers or let other scams be perpetrated across their platforms. Beauty retailer Sephora , meanwhile, is renewing emphasis on China by deploying a localized eCommerce presence.

Compliance 152

Compliance Report Payments Security 152

PYMNTS

MARCH 18, 2019

Late last year Amazon chose National Landing, a location that is owned by Arlington County and the city of Alexandria, as its second headquarters in conjunction with New York City. The HQ2 approval by the Virginia board is seen as a victory for the eCommerce giant, which has been under scrutiny from regulators, advocacy groups and lawmakers.

Arlington 108

Arlington Virginia New York New York City 108

PYMNTS

SEPTEMBER 15, 2020

To that end, Bloomberg reported at least some financial regulators from the European Union say there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability. Central bank digital coins on the Continent – but plenty of room for cash.

Boston 227

Boston Retail Meeting Maine 227

PYMNTS

FEBRUARY 15, 2019

The costs of using some cards is going on the incline, as news is breaking that the nation’s two largest card networks, Visa and Mastercard, are preparing to up the fees charged to merchants to accept network-branded cards. The change will go into effect in early April, according to reports from The Wall Street Journal.

Cards 224

Cards Course Security Fraud 224

PYMNTS

JANUARY 19, 2018

Fizzle of the Week: Cryptocurrency Regulation. The saga over bitcoin and its relationship to various regulators has become something of the payments answer to a romantic comedy. But the idea that regulators can wave a wand and make bitcoin go away? Easy come, easy crypt-go, it seems. They may have some luck. As for next week?

Bitcoin 123

Bitcoin Regulation cryptocurrency Taxes 123

CFPB Monitor

OCTOBER 20, 2021

A group of 96 organizations and individuals, who describe themselves as consisting of “consumer, labor, civil rights, legal services, faith, community and financial organizations and academics,” have sent a letter to the CFPB urging the Bureau to regulate fee-based earned wage access (EWA) products as credit subject to the Truth in Lending Act.

Regulation 78

Regulation Groups Analysis Lending 78

PYMNTS

NOVEMBER 12, 2020

Visa is launching a new program designed to connect European FIs and retailers with state-of-the-art digital payment services. It will be run by Payments Canada and regulated by the Bank of Canada. Visa Unveils FinTech Partnership Program In Europe. The RTR is forecasted to roll out in 2022.

Payments 142

Payments Fintech Exercises Risk Management 142

PYMNTS

JULY 6, 2020

By doing this, Crypto Facilities becomes the first and only firm licensed for derivatives, which the FCA is planning to ban for a limited time, arguing the products are not suited for retail investors. One of the biggest investors, who had entrusted Breedt with 7.5 million South African rand ($4.4

Bitcoin 169

Bitcoin cryptocurrency blockchain Regulation 169

Abrigo

DECEMBER 18, 2023

Banks and thrifts hold half of all outstanding CRE debt through the second quarter, with insurance companies accounting for 12% and commercial mortgage-backed securities holding 14%, according to Trepp. Use portfolio risk management tools, which make it easier to continue supporting local and national economies prudently.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

MAY 21, 2020

As politicians across the globe grapple with the pandemic’s continued economic fallout and the need to get stimulus funds to individuals, corporations and even local governments with speed and security, digital delivery of those dollars is likely to gain increasing traction. However, a retail CBDC accessible to all would be a game-changer.

United States 244

United States Regional cryptocurrency Retail 244

Payments Source

JUNE 2, 2016

The National Retail Federation wants the Federal Trade Commission to do more than merely check up on the companies that routinely assess merchants for compliance with the Payment Card Industry Data Security Standards (PCI DSS).

Retail 60

Retail Compliance National Security 60

PYMNTS

MARCH 27, 2020

In commerce, knowing (and verifying) who’s on the other side of a transaction can mean the difference between a retailer making a sale to a loyal customer or a fraudster. So is online shopping, with urgency. All of these subjects share a commonality: IDs. The gateway to all of this digitization running smoothly is, of course verification.

Course 361

Course Mobile National Examples 361

South State Correspondent

AUGUST 21, 2023

By relying on retail CDs, banks cannibalize their lower cost of retail funding and increase their deposit beta. This risk magnifies margin erosion for those banks that hold fixed-rate securities and loans. Community bankers often lament the COF advantage at national banks – but the numbers do not support this view.

Community Bank 195

Community Bank Community Capital Analysis 195

PYMNTS

FEBRUARY 21, 2020

regulators to secure a national bank charter, in turn clearing the runway for the entity to accept consumer deposits. Double-digit growth in eCommerce is expected to continue, as the retailer sees 30 percent gains in the current fiscal year. The cut comes after the retailer announced a $1.5

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

JANUARY 7, 2020

The alleged perpetrators of a cyberattack on Travelex , the “world’s largest retail currency dealer,” was Sodinokibi, a cyber gang demanding ransom, according to reports. Sodinokibi contacted the BBC on Tuesday (Jan. 7), claiming responsibility for the attack that caused Travelex to shut down last week.

Cyber Security 130

Cyber Security Online Retail National 130

PYMNTS

FEBRUARY 16, 2018

As a result, our eCommerce business is now approximately $1 billion in annualized retail sales, and we are well-positioned to capitalize on what is sure to be a dynamic future in this space,” Nooyi told investors. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6

Retail 124

Retail Branding Mobile Strategy 124

Abrigo

NOVEMBER 18, 2019

The Secure and Fair Enforcement (SAFE) Banking Act of 2019, H.R. It spares financial institutions, federal home loan banks, insurers, and their employees who provide banking services to state or tribe licensed CRBs or MRBs from prosecution under federal law or regulation. BSA Rules and Regulation. What is the SAFE Banking Act?

Regulation 150

Regulation Community National Operations 150

PYMNTS

JULY 11, 2019

In a first-ever congressional hearing on marijuana law reform, the House Judiciary Subcommittee on Crime, Terrorism and Homeland Security convened July 10 to debate altering federal law around cannabis, CNBC reports. Lawmakers went on the assumption that reforming federal marijuana laws is a given and used the hearing to discuss regulation.

Policies 199

Policies Washington America Meeting 199

PYMNTS

JANUARY 6, 2020

The nation has watched many European countries go through this process over the past year, so impacts on its financial ecosystem are at least expected if firms have not yet experienced them. PSD2’s impact on the Netherlands’ banking infrastructure, retailers and economy was deeply investigated, and now it is Turkey’s turn.

Regulation 131

Regulation Industry Data Regional 131

PYMNTS

DECEMBER 4, 2020

Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The virtual card offers a strong value proposition for corporates in the form of enhanced security and control over spend. UPS Caps Deliveries From Gap, Nike, Other Big Retailers. A PYMNTS survey of a national sample of 2,147 U.S.

Cards 151

Cards Data Mobile Survey 151

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. This steady march toward online banking tools has played a key role in how Brazil’s regulators are structuring its open banking rules.

America 165

America Regulation Regional Tools 165

PYMNTS

MAY 26, 2016

Those services launched into virgin territory in terms of regulation — businesses of this kind had never quite existed before — and so the rules and regs in place did not quite manage to directly address them. But the events of the week indicate that this area is not likely to remain quite so gray forever. The Big Austin Loss .

Regulation 100

Regulation Austin San Antonio United States 100

PYMNTS

APRIL 7, 2017

at the hands of the Securities and Exchange Commission (SEC), bringing prices down below $1,000 for the first time in months, not all news has been bad news. Already, retailers in Japan are boarding the bitcoin train. A beacon of hope has emerged for bitcoin just in time for spring — and it’s brought up prices with it.

Bitcoin 103

Bitcoin National Training Retail 103

PYMNTS

AUGUST 24, 2019

As new PYMNTS research documents, over the past year, 18 Major League Baseball (MLB), National Basketball Association (NBA), National Football League (NFL) and Major League Soccer (MLS) arenas have deployed biometric solutions by CLEAR. we can also expect more voice-assistant retail as part of the games.

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

MARCH 28, 2016

After a short lull, though, the National Retail Federation marched back into battle, firing a missile at the Fed, and the card networks, in the form of a letter from NRF’s senior vice president and general counsel, Mallory Duncan, to the Federal Reserve Board of Governors. This, the NRF notes, means both that.05

Retail 100

Retail Fraud Cards Regulation 100

PYMNTS

SEPTEMBER 16, 2019

has not implemented regulations like GDPR or SCA, but there has been a groundswell of interest, at least from the private sector. to come up with a national privacy law were stymied. The latest PSD2 Tracker looks into how EU merchants and retailers could leverage biometric authentication to better comply with SCA. a password).

Compliance 130

Compliance Guidelines Regulation National 130