PYMNTS

FEBRUARY 10, 2020

In retailing it’s usually a good thing when you’re the first to do something. And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 15 that hackers stole customer names, credit card numbers and other personal information. Security Boulevard research shows that as of Dec.

Retail 52

Retail Compliance Advertising Securities 52

PYMNTS

MAY 31, 2017

Visa announced Tuesday (May 30) that it is rolling out enhancements to its Verified by Visa service, a global solution designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. As part of the upgrade, Visa said it was enhancing its systems to support 3-D Secure 2.0,

Securities 77

Securities Compliance Technology Retail 77

PYMNTS

JUNE 5, 2020

Partnering with FinTechs that have lax security creates very real issues: Criminals could abuse open banking-powered payment apps to launder money, for example, or take over accounts and steal victims’ funds. The federal entity is charged with monitoring the U.S. Even if your products are not covered per FinCEN in the U.S.,

Securities 69

Securities Banking Leverage Accounting 69

PYMNTS

JULY 17, 2019

While regulatory and governmental bodies are still debating PSD2’s full reach, the latest PSD2 Tracker looks at how retailers are approaching SCA as they face potential losses under the rule. Cas Paton, OnBuy founder and managing director, discussed the challenges of SCA compliance in an interview with PYMNTS. For example, U.K.-based

Retail 65

Retail Compliance Education eCommerce 65

PYMNTS

JULY 12, 2019

Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. Other figures also point to how much consumers are spending on legal retail pot. Legal retail cannabis may be spreading throughout the U.S., Companies also have made more than $6.5

Retail 61

Retail Compliance Manufacturing Sales 61

PYMNTS

JANUARY 8, 2021

The FinTech group is reportedly mulling setting aside a significant number of shares for users if it goes public, but it has yet to make any final decisions, according to Bloomberg, who cited unnamed sources. Robinhood ’s platform is popular with amateur retail investors, particularly millennials and Gen-Zers.

Compliance 145

Compliance Communication Startups Retail 145

PYMNTS

AUGUST 13, 2020

PAAY said its EMV 3DS offering lets merchants decrease chargeback costs, bolster authorization rates and maintain compliance as they provide an easy as well as frictionless experience for users. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick.

Technology 99

Technology Compliance Retail eCommerce 99

PYMNTS

MARCH 17, 2016

Sage Pay is taking its partnership with a voice services company to a more secure level. “Aeriandi and Sage Pay’s portfolios of secure voice and eCommerce solutions complement each other extremely well, making this partnership a natural fit,” stated Richard Aldred, business development manager for Sage Pay, in the release.

Securities 40

Securities Compliance eCommerce Retail 40

PYMNTS

DECEMBER 19, 2019

The obvious ones are things like language, government and regulation — but there is also a massive number of smaller cultural nuances, so there is no such thing as a simple strategy in terms of dealing with the market. What will that compliance look like in the in the EEA and around the world? Why Bigger is Better in SCA Adoption.

Compliance 40

Compliance Economics Banking Securities 40

CFO News Room

NOVEMBER 2, 2022

In the United States, Registered Investment Advisers (RIAs) are required to register in one of 2 ways: with the Federal government (namely the SEC) or with one (or more) state securities regulatory agencies. Author: Chris Stanley. Guest Contributor. The Brochure Supplement – Form ADV Part 2B.

Compliance 130

Compliance GAAP Investments Advertising 130

PYMNTS

APRIL 2, 2019

LeafLink recently introduced its B2B digital marketplace to support the trade of cannabis products between retailers, producers and processors. For companies like GrowGeneration, LeafLink and Grupo Flor, compliance will be front and center to managing a consistently changing regulatory landscape.

B2B 70

B2B Banking Compliance Transportation 70

PYMNTS

MARCH 17, 2020

Drilling down a bit, Caldeira said that the speeds of money transfers themselves are increasing across any number of use cases and verticals, and crossing borders with growing frequency. 1: Security. Whenever you ask a customer ‘what is the most important dimension of the payment system,’ they will always say security is the ‘No.

Foreign Exchange 91

Foreign Exchange Compliance Securities Startups 91

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Telcos and retailers weren’t far down the list.

Securities 42

Securities Technology Banking eCommerce 42

Future CFO

DECEMBER 11, 2023

Beyond improving supplier relationships, and better control over working capital, other benefits include better security given the increased visibility of payment details, and improved ROI with the anticipated lowering of bank wire fees. Villanueva attributed this to the convenience, transparency, and security of the process.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

DECEMBER 13, 2019

In an interview with PYMNTS, David Phister, director of systems security product management at Diebold Nixdorf , said that when it comes to combatting fraud, “holiday seasons are always tough.” Turning to payment card industry (PCI) compliance, he noted that such mandates exist as a first step to securing payments.

Securities 90

Securities Compliance Technology Sales 90

Future CFO

JUNE 26, 2023

The increased number of sophisticated attacks in the region gives real cause for concern, as seen in the case of the popular 3CX phone service application which was turned into a trojan as part of a supply attack, said Vivek Gullapalli, Chief Information Security Officer, APAC, Check Point Software Technologies.

Leadership 52

Leadership Manufacturing Education Securities 52

PYMNTS

JULY 28, 2020

Securities and Exchange Commission (SEC). “We Although we are evaluating several alternatives, it is likely that we will pursue a reorganization under applicable bankruptcy laws, possibly as soon as during the third quarter of fiscal 2020, which begins on August 2, 2020,” the retailer wrote in the filing.

Compliance 53

Compliance Forecasting Retail Securities 53

PYMNTS

APRIL 4, 2019

Credit union (CU) associations and service providers are pushing for the adoption of technology to help with security and compliance. In retail, Western Union has teamed up with Dollar General to let customers initiate money transfers digitally and pay in person at the merchant’s stores. All this, Today In Data.

Technology 46

Technology Prioritization Compliance Startups 46

PYMNTS

JANUARY 8, 2020

8), the Securities and Exchange Commission ’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. The list offers up a bit of a roadmap, perhaps, into where we might see change on a number of fronts. In documents released Tuesday (Jan.

Compliance 55

Compliance Investments Retail Numbers 55

PYMNTS

FEBRUARY 2, 2021

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. But there is a lot more to having a secure and stable issuer processing system.

eCommerce 94

eCommerce Compliance Numbers Currencies 94

PYMNTS

JANUARY 22, 2020

Governments at the state and local level are having trouble meeting this need, however, as they must also balance regulatory compliance standards against the desires of their in-state residents. The department requires parents to input their Social Security numbers and other identifiers to ensure payments are heading to the right people.

Compliance 52

Compliance Budgeting Securities Technology 52

PYMNTS

NOVEMBER 7, 2019

Building out frictionless and secure payment experiences has become challenging for providers facing Strong Customer Authentication (SCA) mandates. From a consumer perspective, in Europe, we’re already seeing a number of steps [that] are raising awareness of this [SCA] initiative,” he explained. “As

Compliance 40

Compliance Communication Manufacturing Retail 40

PYMNTS

OCTOBER 1, 2019

where at least one vital and robust sector of commerce has yet to adopt the global security standard en masse. Before getting into that, though, it pays to understand what’s going on with the EMV deadline in this specific area of retail to get a good sense of context. 1, 2020 — at one point, the deadline was in 2017. LISNR Offering.

Construction 67

Construction Retail Technology Compliance 67

PYMNTS

APRIL 22, 2019

An increasing number of customers want to onboard with retailers and banks through their mobile phones, putting greater pressure on businesses to provide robust, digital know your customer (KYC) checks and other security measures. Around the Digital Consumer Onboarding World. customers now onboard digitally.

Securities 57

Securities Compliance Leverage Accounting 57

PYMNTS

JUNE 15, 2018

This comes as the newswire reports that retailers take as long as five to seven months to pay suppliers, as estimated by the ministry of trade. In the Middle East , RAK Bank has said it will offer Sage accounting software to business banking customers, in an agreement that helps those firms manage value-added tax (VAT) compliance mandates.

Compliance 46

Compliance Reconciliations Invoicing Banking 46

PYMNTS

OCTOBER 21, 2016

The legislation includes mandates for capital holdings, indemnity insurance, payment data access, security and, of course, access to faster payments. According to Dion Global Solutions , which provides banks with software to maintain compliance with regulations like PSD2, FIs aren’t exactly ready for this next phase in payments speed.

Banking 77

Banking Compliance Cash Management Securities 77

PYMNTS

JULY 26, 2017

As outlined in the report, however, the OCC again identifies issues related to strategic, credit, operational and compliance risks as top concerns.”. These threats target large quantities of personally identifiable information and proprietary intellectual property and facilitate misappropriation of funds at the retail and wholesale level.”.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

MAY 23, 2017

In this edition of the PYMNTS’ Commander in Chief Series , Western Union President Odilon Almeida shares a day in the life as leader of one of the largest global person-to-person money transfer networks, what smartphones have done for the payments space and why security and compliance are always key in a game where the rules are changing every day.

Compliance 76

Compliance Risk Management Prioritization Retail 76

PYMNTS

OCTOBER 8, 2019

When considering the financial services (FinServ) challenges of the legal cannabis sector, the biggest point of friction that almost always comes to mind first is the point of sale (POS): enabling marijuana businesses to accept electronic payments from their retail customers. A Shifting Regulatory Landscape.

Compliance 45

Compliance B2B Banking Manufacturing 45

PYMNTS

APRIL 16, 2018

At the intersection of data privacy and security and payments innovation lies friction, possibly, for the consumer experience. In the case of the latter, of course, the EU’s online privacy laws have implications for firms far beyond Europe’s borders – to the tune of hefty fines for non-compliance. Are merchants ready?

Compliance 42

Compliance Securities Retail Numbers 42

PYMNTS

DECEMBER 31, 2020

Fast-forward to the present, and Afterpay now counts more than 11 million active customers at 63,000 retailers – and most recently reported doing $2.1 lockdown in March, Johan Gerber , executive vice president of cyber and security products at Mastercard, was already predicting that a deluge of chargebacks was headed our way.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

MARCH 14, 2019

14, bringing requirements related to strong consumer authentication and other tasks designed to establish a secure, Open Banking environment. Without downplaying the hard work required to conform to it, Eleveld described how retailers, PSPs and other organizations can get ahead in this new and uncertain FinTech environment.

Compliance 75

Compliance Banking Securities Accounting 75

PYMNTS

NOVEMBER 22, 2018

The number is a significant one, as there were more than 2.2 New rules mean new compliance activities, which, of course, mean additional compliance costs for these stakeholders — as much as $489 million. It’s a step toward compliance with RBI dictums that payment companies must store that transaction data on local servers.

Compliance 75

Compliance Banking Investments Marketing 75

PYMNTS

MAY 2, 2017

Credit card fraud is a fact that will likely continue to plague retailers for the foreseeable future. Credit card testing means that stolen credit card numbers are tested with small purchases to ensure the account is valid prior to a larger purchases. Second, retailers need to have proactive ways of restricting the activity.

eCommerce 60

eCommerce Entertainment Auditing Retail 60

PYMNTS

FEBRUARY 7, 2019

Tightening regulations have introduced loftier compliance burdens to global supply chains, made even more complex and challenging as companies do business with thousands of vendors across borders. The burden of regulatory compliance came to a head in the U.S. regulations, even if a vendor is not in the U.S.

Compliance 65

Compliance Retail Auditing Startups 65

PYMNTS

JULY 15, 2019

Circling back to the idea of instant deposit and payout, PYMNTS raised the question of security of transactions – after all, the quicker the payment, the faster fraudsters might be able to disappear with ill-gotten gains. King said his company has 12,000 locations across the Philippines geared toward cash pickup. business stand at $50,000. “We

Banking 80

Banking Compliance Accounting Marketing 80

PYMNTS

MARCH 29, 2018

billion across eight of the largest retail sectors in the second quarter of 2017. That’s according to Jose Caldera, chief products officer for digital identity compliance solutions provider IdentityMind Global , who says FIs and merchants must also monitor long-term behaviors to build a profile that reflects a user’s trustworthiness.

Compliance 43

Compliance Advertising Accounting Technology 43