PYMNTS

APRIL 1, 2020

Consumer data privacy laws were making compliance difficult before a pandemic brought the world to a halt. businesses haven’t been trying, expending an estimated $82 million on compliance solutions in just the past 12 months. But comprehending and complying with data privacy laws globally is what many online sellers must do.

Compliance 153

Compliance Data Google Regulation 153

PYMNTS

SEPTEMBER 16, 2019

Despite announcements last month that the deadline for Strong Customer Authentication (SCA) compliance will be extended , the original proposed deadline approaches next week. The potential cost for non-compliance is huge. The potential cost for non-compliance is huge. Previous efforts for the U.S. a password). asked Eleveld.

Compliance 130

Compliance Guidelines Regulation Online 130

Perficient

FEBRUARY 26, 2021

People are doing more and more online, from ordering groceries, to medications, and even car shopping. In today’s world, it seems that anything can be ordered online, and for most people, it can. But for individuals with disabilities, it may be more challenging or even impossible to access and accomplish these tasks online.

Online 420

Online Study Guidelines Customer Experience 420

PYMNTS

JANUARY 10, 2019

Stakeholders are trying to figure out measures to satisfy the requirements, while at present there is no real roadmap about what non-compliance might mean for firms, or how they can balance the demands of SCA with the desire to have as frictionless an experience as possible in place for the consumer. Looking for Exemptions.

Guidelines 173

Guidelines Compliance Fraud Cards 173

Bank Innovation

SEPTEMBER 21, 2017

“High-tech,” or fintech banks may be required to hold higher capital buffers and larger liquidity when entering Europe, the European Central Bank said in draft licensing guidelines today.

Fintech 249

Fintech Guidelines Capital Marketing 249

PYMNTS

OCTOBER 13, 2016

Regulation and compliance can be a tough space for many to wrap their heads around. Sunil Madhu , founder and CEO of Socure , joined Karen Webster to give context to some of the compliance concepts trending in the industry and also share his thoughts on what’s coming next down the regulatory pipeline. Compliance Decoded.

Compliance 100

Compliance blockchain Regulation Data 100

Abrigo

SEPTEMBER 25, 2024

Efficiently filing SBA loan packages for approval When an SBA lender is ready to submit loan guaranty packages and loan servicing requests, it does so through the SBA’s online portal, E-Tran. Would you like other articles like this in your inbox? Key Takeaways E-Tran is the SBA's loan submission platform.

Lending 379

Lending St. Louis Fraud Software 379

PYMNTS

NOVEMBER 22, 2019

The latest spate of lawsuits has seen a small Louisiana parish going head to head with Walmart, and even an Alabama county fighting itself over how to properly disburse revenue from its online sales tax. Though tax compliance may be painful for businesses, those taxes are making positive impacts on residents’ lives.

South Dakota 159

South Dakota Taxes Missouri Compliance 159

PYMNTS

SEPTEMBER 5, 2017

According to an article published by Arkansas Online , findings unveiled that a four-day delivery window was actually 10 days long. In response, Walmart is replacing the delivery time window concept with a delivery guidelines program it announced in August called “on time, in full” (OTIF).

Guidelines 144

Guidelines Arkansas Study Retail 144

PYMNTS

JANUARY 15, 2019

New restrictions in India are poised to have an impact on Amazon and Flipkart , affecting how each can do business on their online marketplaces. However, the new rules are changing the game, saying that no seller on foreign-funded online marketplaces can source more than 25 percent of its inventory from a wholesaler on the site.

Compliance 134

Compliance Guidelines Policies Online 134

PYMNTS

MARCH 31, 2020

legislators in several states are either drafting, voting on or have passed requirements to tackle online data’s and transactions’ importance, but these laws often do not integrate well with those passed in neighboring states. The COVID-19 pandemic has led to a jump in online payments versus those made in stores, for example.

Regulation 154

Regulation Data US Washington 154

PYMNTS

NOVEMBER 26, 2019

Wayfair ruling have made tax compliance challenges highly visible. Struggles to understand and fulfill tax obligations are not new — states have worked for decades to manage these compliance difficulties. The court did cite South Dakota’s SSUTA membership when allowing South Dakota’s online sales tax law to stand.

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

PYMNTS

NOVEMBER 22, 2018

Chalk it up to “unviability of operations” in the wake of new regulatory guidelines, mandating upgrades that focus on the actual management of the physical cash at those machines. New rules mean new compliance activities, which, of course, mean additional compliance costs for these stakeholders — as much as $489 million.

ATM 187

ATM Payments Compliance Google 187

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

Abrigo

OCTOBER 7, 2016

Have you purchased anything online recently? Web-based solutions offer secure, multi-user access so that valuation professionals working in different locations and in different time zones can access and advance the valuation work anywhere and anytime by logging in online. Assisting with compliance. Reducing the IT burden.

Technology 170

Technology Boston Software Study 170

PYMNTS

JANUARY 31, 2020

Other regulators in Australia, India and Singapore are examining financial innovation rules of their own, using GDPR and PSD2 as guidelines. The European Data Protection Board (EDPB) recently issued updated guidelines for compliance with GDPR, aiming to help affected banks and businesses answer any lingering questions about the rule.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

Abrigo

JULY 13, 2023

A scam usually begins with online contact via social media or dating apps. Scammers build up a victim’s trust and gain access to their online account information, sometimes “fattening the pig” by soliciting more investment in cryptocurrency before “slaughtering the pig” and stealing the cryptocurrency.

Fraud 195

Fraud cryptocurrency Training social media 195

PYMNTS

JUNE 5, 2019

They also noted that the company is in full compliance with India’s eCommerce pricing laws, and that it reserves “the right to institute actions for defamation, both civil and criminal.”. We are standing behind any small trader, businesses [that] suffer online,” said Ashwani Mahajan, SJM’s co-convenor. What The Case Could Mean.

Online 134

Online Compliance Guidelines Marketing 134

PYMNTS

OCTOBER 8, 2019

In a recent interview with PYMNTS, Henry explored the FinServ compliance conundrum for the cannabis industry, noting that the struggle to get banked has ramifications that spread from the POS up the supply chain — impacting dispensaries, manufacturers, logistics providers, subcontractors, growers and beyond. A Shifting Regulatory Landscape.

Compliance 114

Compliance Guidelines Industry Taxes 114

PYMNTS

JUNE 2, 2017

The independent organization focuses on making the consumer experience with online ads less frustrating and more seamless. The guidelines emphasize relevancy, immersion and fast loading times for optimized ad experiences. Google is releasing a publisher’s tool to streamline compliance with the standards.

Google 109

Google Guidelines Compliance Mobile 109

PYMNTS

DECEMBER 11, 2020

The self-titled “North American leader in online grocery delivery” has also been actively looking to expand into service to new non-food segments of the retail space. Battle Goes Beyond Groceries.

Community 154

Community United States Guidelines Retail 154

PYMNTS

APRIL 16, 2020

Designed to streamline the SMB loan distribution cycle, the lending-as-a-service tool integrates compliance controls with customizable business controls, while Plaid is enabling data integrations across a range of sources to bolster lenders’ underwriting processes. ” Plaid Unlocks Payroll Data to Support PPP Lending.

Data 167

Data Lending Regional Fintech 167

PYMNTS

APRIL 10, 2019

Corporate responsibility is in our DNA and our commitment to regulatory and compliance guidelines is second to none,” Bittrex said. Richo would target people on the dark web by posting false links to online marketplaces. More specifically, today’s letter (from the DFS) contains several factual inaccuracies.”.

Bitcoin 116

Bitcoin New York cryptocurrency United States 116

PYMNTS

JANUARY 22, 2020

However, what sets SCA apart is how narrow the margin for error is upon implementation — on day one, any lack of compliance with the pre-authentication guidelines will result in declined transactions, something that no European merchant wants. That, he noted, is considered a normal operating procedure among the Dutch.

Data 141

Data Guidelines Regulation Compliance 141

PYMNTS

MARCH 19, 2018

Thus, against this backdrop, the announcement came this past week that Mastercard and IBM have partnered and formed a trust – Truata – that allows for analytics of, and protection of, data in compliance with GDPR. Think of it as outsourcing data analytics, to at least ensure that the data is in compliance.

Analytics 124

Analytics Data Compliance Tools 124

PYMNTS

MARCH 15, 2019

In January, reports said CPAs had urged the Internal Revenue Service (IRS) to further clarify the rules , despite having issued previous guidelines to address some of the uncertainty. “There’s a lot of conflicting advice out there,” said RLB Accountants CPA Jeffrey Berdahl in an interview with the publication at the time.

Taxes 193

Taxes South Dakota Software Survey 193

Abrigo

DECEMBER 7, 2021

In that case, this could indicate a lack of a strong culture of compliance, which will ultimately lead to further increased risk. A designated officer should be appointed and approved by the board of directors as responsible for BSA/AML and OFAC compliance.

How To 195

How To Fraud Analysis Compliance 195

PYMNTS

MARCH 27, 2020

Because speed of payment is fundamental to a lot of businesses, we’ll see new methods such as QR codes that simplify and streamline payments quickly come online,” Roy said, highlighting the faster payments value proposition that payments initiation brings to the B2B arena. A B2B Opportunity.

Payments 151

Payments Innovation Security Guidelines 151

PYMNTS

DECEMBER 2, 2019

Expense management solutions ease groups’ compliance by streamlining expense categorization and providing greater data-based spending insights. Forty-eight percent reported using email to send most of their purchase orders to suppliers, 16 percent call suppliers on the phone and only 7 percent order from online sources.

Management 141

Management Taxes Groups Regulation 141

PYMNTS

JUNE 4, 2020

From an instant payment perspective, it has now become much more important to be able to manage the fraud in real time online,” said Tino Kam , head of transaction banking at Finland-based Nordea Bank , in a recent interview with PYMNTS.

Security 151

Security Fraud Payments Compliance 151

Abrigo

MARCH 24, 2023

In that case, this could indicate a need for a strong culture of compliance, which will ultimately lead to further increased risk. A designated officer should be appointed and approved by the board of directors as responsible for AML/CFT and OFAC compliance.

Fraud 195

Fraud Compliance Examples Analysis 195

PYMNTS

JUNE 28, 2019

Not having a set of guideline or rules” at the federal level “creates a lot of confusion and disruption.” And that, in turn, makes it more difficult for merchants of those age-restricted products — well, the good actors that want to operate in full compliance of laws and regulation, and stay a step ahead of political and parental pressure.

San Francisco 134

San Francisco Guidelines Report Maine 134

PYMNTS

OCTOBER 17, 2018

GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services. GFA will also follow compliance guidelines and take steps to ensure it only engages with legitimate retailers.

Colorado 126

Colorado Massachusetts US Industry 126

Independent Banker

DECEMBER 1, 2021

Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. 18% of these consumers opened an account with an online-only direct bank. Benefits of FinTech partnerships.

Community Bank 91

Community Bank Community Fintech Guidelines 91

PYMNTS

JUNE 6, 2019

14 deadline to put more stringent fraud decisioning processes in place, with strong customer authentication guidelines taking effect. SCA protocols must be built into checkout flows for online transactions that begin in Europe. As has been noted in this space, the open banking legislation means firms face a Sept.

Fraud 180

Fraud Exercises Regulation Study 180

CFPB Monitor

FEBRUARY 13, 2020

Overall, the modifications provide helpful clarifications that should lessen compliance burdens for a number of industries. As initially proposed, the regulations included a new requirement that privacy policies and online notices be reasonably accessible, without offering any definition of the standards.

California 78

California Regulation Compliance Guidelines 78

BankBazaar

MARCH 18, 2020

Do take advantage of our online paperless processes for your credit needs. We’ve enabled remote working for most teams with all the technology and tools in place to ensure data security and privacy compliance. Use the additional time on your hands to check your Credit Score regularly so you’ll know if anything is amiss.

Guidelines 78

Guidelines Policies Compliance Tools 78