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Compliance In The Clouds: How The Pandemic Is Affecting Banks' Cloud-Native Futures

PYMNTS

Banks in the EU have been racing to comply with the General Data Protection Regulation ( GDPR ) and the revised Payment Services Directive ( PSD2 ) since both measures were enacted in 2018. He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic.

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Monetary Authority Of Singapore: What It Will Take To Win Digital Banking Licenses

PYMNTS

However, the most intriguing development in the Open Banking world is not the impact of these two regulations inside of Europe, but outside of it. Other regulators in Australia, India and Singapore are examining financial innovation rules of their own, using GDPR and PSD2 as guidelines.

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Bringing Compliance Along on the Digital Journey

Gonzobanker

Compliance plays an important role in a financial institution’s relationship with its customers. As banks evolve to a digital-centric operating model, one of the laments Cornerstone often hears from our clients is, “Compliance won’t let us do that.” Give Compliance a Seat at the Table – Early.

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Innovating The ATM Beyond Cash

PYMNTS

The ATM has emerged as one of CUs’ most important tools in this member engagement effort, in fact, with many investing in digitally-enabled ATM kiosks that provide members with on-demand videoconference consultations and a full range of digital banking services. Deep Dive: Offering An End-To-End Customer Experience Through ATMs.

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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

This forces many operations to continue using cash. GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services. “If

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Mastercard On How Trust Unites Blockchain, Biometrics, Seafood And Healthcare

PYMNTS

The announcement of the blockchain-based solution comes in the wake of Mastercard outlining guidelines for blockchain development earlier this month. Those guidelines include the need for consumer protection and regulatory compliance. This will help to lower operational costs and investigation expenses,” she told Webster.

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Mastercard On How Trust Unites Blockchain, Biometrics, Seafood And Healthcare

PYMNTS

The announcement of the blockchain-based solution comes in the wake of Mastercard outlining guidelines for blockchain development earlier this month. Those guidelines include the need for consumer protection and regulatory compliance. This will help to lower operational costs and investigation expenses,” she told Webster.