The Payments Association

DECEMBER 9, 2024

The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Why is it important?

Privacy 88

Privacy AI Payment Security Security 88

Fi911

JANUARY 4, 2024

We will provide insight into how these regulations differ between card schemes, and help financial institutions to better understand the dispute process from all sides. What Laws Govern Chargebacks in the US? Certain regulations known as “chargeback rules” are, in fact, based on legal statutes.

Disputes 91

Disputes Laws Rules Government 91

Segpay

DECEMBER 13, 2024

The rise of data privacy concerns has led to a surge in global regulations, such as the EU General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), which are drafted to protect peoples individual data protection rights. Africa and Asia show different levels of adoption with resp.

Privacy 77

Privacy Compliance CCPA Authentication 77

VISTA InfoSec

OCTOBER 21, 2024

A Data Protection Officer (DPO) can be called as an ally for organizations that deals with large amount of Privacy related data in its core operation. Ensuring adherence to data protection laws, internal policies, and overseeing responsibilities, training, and audits.

CCPA 178

CCPA Privacy Assessments Laws 178

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 Data Privacy Twist . The pandemic has refocused scrutiny on the open banking ecosystem’s privacy and security.

Privacy 70

Privacy Regulations Laws Rules 70

VISTA InfoSec

OCTOBER 21, 2024

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customer’s data, they can not only damage a company’s reputation but can also lead to heavy fines if compromised. To overcome these challenges, data protection laws are established. What is a Data Protection Officer?

CCPA 130

CCPA Privacy Laws Data Breach 130

The Fintech Times

SEPTEMBER 24, 2024

The further we’ve delved into the world of regulation and compliance, the clearer it has become that there are a whole host of challenges for financial institutions to contend with. When it comes to cybersecurity, the topic of data protection and privacy is arguably one of the most important.

Privacy 107

Privacy Compliance PCI DSS Rules 107

PYMNTS

DECEMBER 16, 2020

It’s not clear how happy consumers in the United Kingdom will be over Facebook’s latest move, but privacy advocates are already up in arms. users into new agreements with its corporate headquarters in California, effectively circumventing the European Union’s strict privacy laws, according to an exclusive report by the Reuters news service.

Privacy 85

Privacy Agreements Legal Laws 85

The Payments Association

OCTOBER 30, 2024

Compliance in payment communications is essential for trust and security; AI-driven solutions and customised frameworks help businesses meet regional regulations, ensuring secure global operations. Ensuring that communications comply with global regulations is essential for protecting a business’s reputation and operations.

Regulations 100

Regulations Cross-Border Compliance Fraud Prevention 100

PYMNTS

MAY 1, 2020

Financial institutions (FIs) and regulators in Singapore, the E.U. have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. and the U.S. these programs appear to have remained the same in most markets.

Privacy 98

Privacy API Innovation Payment APIs and Integration 98

PYMNTS

SEPTEMBER 27, 2018

Executives from some of the biggest tech companies were questioned by the Senate on Wednesday (September 26) on consumer privacy. While the executives agreed that a federal privacy law is necessary, they disagreed on issues such as how it should be created and enforced. Compliance cost is a deflection in some regards.

Privacy 67

Privacy Laws Compliance Participant 67

PYMNTS

JANUARY 3, 2020

California has passed the California Consumer Privacy Act (CCPA), a sweeping law that forces companies to tell customers about the data they gather about them, and to allow customers to opt out of those practices. Even the attorney general is still figuring out specifics and probably won’t start enforcing the law until July.

Laws 53

Laws Privacy CCPA Compliance 53

VISTA InfoSec

MARCH 28, 2024

Companies that excel in data protection comply with stringent regulations and gain a competitive edge by building solid relationships with their customers. Hence, understanding GDPR compliance and other data protection laws is essential in keeping you abreast of regulatory trends.

Data Breach 277

Data Breach Regulatory Compliance Breach Encryption 277

PYMNTS

MAY 25, 2018

As Europe’s General Data Protection Regulation (GDPR) comes into effect, Facebook privacy critic Max Schrems has filed four complaints over consent required to use online services. But, with the law, users must be given a free choice. Facebook, however, said it has prepared for GDPR for the past 18 months. “We

Privacy 70

Privacy Laws Regulations Rules 70

PYMNTS

JANUARY 21, 2019

21) by a French regulator, in what the Wall Street Journal reported is the largest penalty under the new European General Data Protection Regulation (GDPR) privacy law. It’s also one of the highest-profile regulator actions coming from GDPR which went into effect last year. Alphabet Inc.’s

Regulations 76

Regulations Privacy Rules Laws 76

PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). Although the law has only been in effect since Jan.1, The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018. Except when it’s a lawsuit.

CCPA 62

CCPA Laws Privacy Data Breach 62

PYMNTS

AUGUST 14, 2020

The Privacy Collective , a London nonprofit whose mission is to protect privacy, has filed suit with the District Court of Amsterdam, accusing the software companies of breaching the European Union’s General Data Protection Regulation (GDPR) in their processing and sharing of people’s information by third-party tracking cookies.

Privacy 78

Privacy Breach Government Governance 78

PYMNTS

FEBRUARY 21, 2020

It accomplishes that by threatening a critical immunity named Section 230 that firms have with federal law. The action is said to be the newest exhibit of how Washington lawmakers and regulators are taking another look at the need for incentives that had aided the growth of digital firms.

Encryption 83

Encryption Laws Best Practices Law Enforcement 83

Payments Source

SEPTEMBER 23, 2019

should pass a law with the teeth of GDPR or PSD2, says KnowBe4's Lecio De Paula Jr.

Privacy 107

Privacy Laws ISOs Compliance 107

PYMNTS

NOVEMBER 9, 2020

Regulation. EU Gears Up To Propose New Big Tech Regulations. Australian Regulator Looks Into Merger Law Changes. million) penalty for not following a new social media law, Reuters reported, citing Omer Fatih Sayan, the deputy transport and infrastructure minister. Turkey Hits Big Tech Platforms With $1.18M Penalty.

Regulations 84

Regulations Privacy Compliance Laws 84

The Paypers

MAY 23, 2023

billion by regulators from the European Union for violating EU privacy laws by transferring personal data of Facebook users to servers in the US. Meta has been fined with EUR 1.2

Privacy 67

Privacy Laws Regulations 67

VISTA InfoSec

SEPTEMBER 14, 2023

If your business engages with these customers, it is subject to the EU’s General Data Protection Regulation (GDPR). This extensive data privacy regulation has an impact on many U.S. The GDPR has a considerable influence on data privacy globally, but what does it mean for the US? entities due to its extraterritorial reach.

Compliance 130

Compliance Privacy Processors Legal 130

VISTA InfoSec

SEPTEMBER 28, 2023

This new law, approved by the president on August 11, 2023, dictates how organizations handle personal data. Until then, businesses should adhere to existing Indian privacy laws, primarily the Sensitive Personal Data or Information Rules (SPDI) 2011. The Digital Personal Data Protection Act (DPDP) has been passed in India.

Privacy 130

Privacy Audit Data Breach Breach 130

PYMNTS

NOVEMBER 16, 2020

A privacy advocate in Europe has filed complaints against Apple charging that its advertising tracking tools store user data without consent, according to a CNBC report on Monday (Nov. The group, Noyb, which is led by Austrian privacy activist Max Schrems, filed official complaints with data protection authorities in German and Spanish.

Privacy 61

Privacy Legal Disputes Laws 61

PYMNTS

MARCH 31, 2020

Devising open banking laws that adequately respond to shifting privacy needs and satisfy both businesses and consumers is difficult. The necessity of such regulations is undeniable, however, as lagging data standards leave businesses and consumers open to fraud and boost frustration regarding the speed of digital transactions.

Regulations 61

Regulations CCPA Consumer Privacy 61

Fintech Finance

JULY 16, 2024

The Financial Stability Board (FSB) published today, for public consultation, its proposed recommendations to promote greater alignment in data frameworks related to cross-border payments and consistency in the regulation and supervision of bank and non-bank payment service providers.

Cross-Border Payments 82

Cross-Border Payments Cross-Border Consulting Regulations 82

PYMNTS

MARCH 22, 2019

With increased adoption, though, comes a need for improved regulations, and both the European Telecommunications Standards Institute (ETSI) and U.S. Congress have released rules to help regulate IoT data security.

Regulations 75

Regulations Cybersecurity Use Case Security 75

Segpay

OCTOBER 17, 2024

Age verification systems are essential tools for ensuring compliance with regulations designed to prevent minors from accessing inappropriate content or services. Age verification tools are developed to follow minimum age regulations to ensure that minors do not gain access to age-restricted content, services, or products.

Verification 92

Verification Privacy Laws Compliance 92

PYMNTS

DECEMBER 23, 2019

The same framework should be in place to improve technology used by regulators in efforts to strengthen supervision throughout the industry, the think tank also says. The risk and safety lines with AI in China in the finance sector appear to be blurring.

Regulations 81

Regulations AI Finance Central Bank 81

PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). Although the law has only been in effect since Jan.1, The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018. Except when it’s a lawsuit.

CCPA 52

CCPA Laws Privacy Data Breach 52

PYMNTS

NOVEMBER 24, 2020

“Interestingly, the health industry has actually been ahead of that curve in terms of customer privacy and patient privacy … and as this movement toward more remote interactions in healthcare has continued to expand, now there is even more pressure to identify patients electronically.” . Healthcare And Setting The Privacy Standard.

Privacy 64

Privacy Regulations CCPA Rules 64

PYMNTS

SEPTEMBER 29, 2020

What has shifted most during the pandemic are consumers’ views on the data privacy and online security standards attached to these digital transactions, Oren Paran , managing director for Israeli retail startup firm Retail Innovation Club , explained in an interview with PYMNTS. Online Payments Drive Privacy Concerns. under the GDPR.

Privacy 69

Privacy Online and Mobile Banking Push-to-Card Payments 69

VISTA InfoSec

JUNE 3, 2024

If your company has ever worked with businesses in European Union countries, you probably had to follow the EU’s General Data Protection Regulation (GDPR). A big part of the GDPR is protecting people’s privacy and data from unauthorized access. HIPAA compliance: Regulations for protecting health information.

MFA 130

MFA Credential PCI DSS Compliance 130

PYMNTS

OCTOBER 15, 2018

As noted by the Conference of State Bank Supervisors (CSBS), state regulators earlier this month released the inaugural Money Services Business Industry Report, which featured transaction data tied to 2017 and focused on licensed money transmission and payments. From a high-level view, the industry handled $1.2

Regulations 68

Regulations Privacy Reporting Requirements Laws 68

PYMNTS

JULY 3, 2019

Ireland’s Data Protection Commissioner (DPC) announced that it has launched a third privacy investigation into Apple. Under GDPR, regulators can hit companies that do not comply with the regulations with fines of up to 4 percent of a company’s global revenue or €20 million ($22 million USD), whichever is higher.

Compliance 71

Compliance Privacy Laws Regulations 71

VISTA InfoSec

JULY 17, 2024

Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. Think about the various regulations around the world. The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy.

Cybersecurity 231

Cybersecurity Compliance Encryption Best Practices 231

Open Banking Excellence

SEPTEMBER 27, 2024

Half a decade ago, Mexico demonstrated its ongoing commitment to updating its financial regulation with the introduction of the Fintech Law. FinTech in Mexico Mexico introduced the Fintech Law in March 2018 as a response to the remarkable 50% growth in the number of fintech firms in the preceding two years.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147