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

FEBRUARY 24, 2020

The country’s government and regulators are keeping pace with those in the European Union and the U.S. Foreign firms and regulators tend to think of Chinese laws as either too strict, wide-reaching or lax — perceptions that have failed to keep up with local regulations’ developments. “In he remarked. “I

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

JANUARY 7, 2020

s National Cyber Security Centre (NCSC) and regulators with the Financial Conduct Authority were already looking into the cyberattack, with the NCSC saying it would work closely with law enforcement. Discovered on New Year’s Eve, the cyberattack is now the focus of a criminal investigation, led by the Metropolitan Police.

Cyber Security 130

Cyber Security Online Retail National 130

PYMNTS

JANUARY 29, 2018

finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR). For the businesses that are aware, a bit more than a quarter said they’ve made changes to their operations in order to comply with the new rules aimed at data privacy and security. A new report released in the U.K.

Cyber Security 112

Cyber Security Survey Regulation Security 112

PYMNTS

AUGUST 30, 2016

The small nation is making a big push in support of FinTech innovation by reforming its payment laws. “It would also give MAS the flexibility to address emerging risks such as cyber security, interoperability, technology, and money laundering and terrorism financing. . Singapore is preparing for a FinTech revolution.

Fintech 101

Fintech Cyber Security National Regulation 101

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Stronger passwords. Paying closer attention to suspicious emails. Using public wi-fi with caution and safeguarding mobile apps. ” The U.S.

Data 202

Data Los Angeles Survey Cyber Security 202

Payments Source

NOVEMBER 28, 2018

The comments by Brent McIntosh, Treasury's general counsel, are at odds with concerns by state regulators and consumer groups who fear that a national standard on how firms handle data breaches could weaken pre-existing rules.

National 63

National Regulation Groups Data 63

PYMNTS

JULY 15, 2016

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. Fauss notes that is not a regulatory hurdle regular DDA accounts must clear.

Cards 100

Cards Millennials Regulation Cyber Security 100

Banking 2020

NOVEMBER 8, 2015

Open APIs are a key part of wider transformation in the banking industry and will become much more common as regulation forces banks to open up their systems. In Europe, this is being enshrined into national law as part of the PSD2 regulation, which comes into force in 2016. ” Progress?

Cyber Security 40

Cyber Security Payments Security Regulation 40

American Banker

JUNE 3, 2016

Comments by JPMorgan Chase's Jamie Dimon have added fuel to the long-discussed idea of a national database that would make it easier for banks to vet customers for anti-money-laundering and other risks.

National 28

National Cards Cyber Security System 28

American Banker

JUNE 3, 2016

Comments by JPMorgan Chase's Jamie Dimon have added fuel to the long-discussed idea of a national database that would make it easier for banks to vet customers for anti-money-laundering and other risks.

National 28

National Cards Cyber Security System 28

NCR

NOVEMBER 14, 2016

The Monetary Authority of Singapore (MAS) is currently consulting on proposed changes to the regulatory framework for payments and the potential establishment of a National Payments Council. One of the potential solutions to this is the creation of a National Payments Council to promote interoperability and the adoption of common standards.

Payments 40

Payments Regulation Cyber Security National 40

American Banker

SEPTEMBER 12, 2016

Cybersecurity enforcement efforts need to be better coordinated across government agencies, financial industry groups said in a letter Friday to the National Institute of Standards and Technology.

Regulation 28

Regulation National Groups Industry 28

American Banker

MARCH 17, 2016

A cybersecurity panel at the Women in Finance and Technology Symposium Thursday explored ways to enhance communication and collaboration between different branches of government working to strengthen the nation's cyberdefenses.

Regulation 28

Regulation National Technology Cyber Security 28

FICO

DECEMBER 21, 2018

Thus, a couple of weeks from now we’ll ring in 2019, the Year of Cyber Insecurity: 52 weeks in which companies of all sizes and industries will experience a new level of fear – and in some cases panic – in realizing their vulnerability to data breaches, hacking and other cybercrimes. Get a Reality Check, Continuously.

Cyber Security 40

Cyber Security Comparison Policies Data 40

FICO

OCTOBER 10, 2016

My contribution was: “The biggest single security threat is cyber - more specifically, for business and political entities it is probably nation state espionage and APT (advanced persistent threat) actors.” The brief was to sum this risk up in just one sentence. Why is that? Getting ready for future breaches is critical.

Cyber Security 40

Cyber Security Security National Data 40

American Banker

SEPTEMBER 13, 2016

Andrew Cuomo on Tuesday announced the proposal of a state regulation requiring banks to develop and maintain a cybersecurity program. The plan, the first of its kind in the nation, could have far-reaching effects on some of the nation's largest banks. New York Gov.

New York 28

New York National Regulation Cyber Security 28

American Banker

MAY 6, 2016

Maria Vullo, still stuck in limbo as acting superintendent of the New York State Department of Financial Services, is hindered from putting her mark on the agency until she gets confirmed. So a quiet guessing game is going on about how her supervisory philosophy will compare with her predecessor Benjamin Lawsky.

New York 28

New York Regulation Cyber Security Community Bank 28

Tomorrow's Transactions

NOVEMBER 7, 2014

The event had three main themes: The future of UK financial regulation and British competitiveness post-FSA. Cyber Innovation: for example, behavioural analytics; the rise of private cyber cash, new payment platforms, mobile banking, privacy and consent, economics of cyber security.

Analysis 58

Analysis Bitcoin Fraud Cyber Security 58

American Banker

JUNE 9, 2016

Regulators need to start paying attention to "denial-of-system" attacks as one of the triggers that could bring down a systemically important institution.

Regulation 28

Regulation System Cyber Security FDIC 28

Gonzobanker

DECEMBER 22, 2015

We don’t know what Los Alamos National Bank’s marketing department was drinking when it designed the customized water bottle labels, but we’re giving them big points for creativity. Regulator Award. FFIEC’s Cyber Security Self-Assessment Tool. Click to enlarge. ‘It It Must Be Something in the Water’ Award.

Community Bank 60

Community Bank Apple Community Technology 60

American Banker

DECEMBER 12, 2016

The payments messaging network Swift has told its client banks that the threat of cyberattacks "is very persistent, adaptive and sophisticated — and it is here to stay.".

Report 28

Report Payments Cyber Security Regional 28

American Banker

JULY 8, 2016

Big banks were seen as winners in the Trans-Pacific Partnership, but their support for the pact is in question as a result of their treatment in a data-related provision.

Data 42

Data Cyber Security Regional National 42

American Banker

MAY 5, 2016

Requirements that banks share anti-money-laundering information should extend to fraud and cyber risks, to connect the dots between bad actors and their transfer of money.

Fraud 28

Fraud Cyber Security Regional National 28

American Banker

JUNE 1, 2016

The drumbeat of news about hackers stealing millions of dollars by gaming the Swift interbank messaging system should have been a wake-up call for banking executives, but it's unclear how many of them answered it. Is it too late for them to shore up their defenses?

System 28

System Cyber Security Regional National 28

American Banker

JULY 11, 2016

Offering a new product or considering a merger may boost returns, but the Office of the Comptroller of the Currency says changes in strategy can be risky.

Strategy 28

Strategy Cyber Security Community Bank Regional 28

American Banker

MARCH 10, 2016

A mature governance framework and risk culture that reaches all employees, are among the attributes of a high-functioning "risk organization.".

Risk Management 28

Risk Management Management Cyber Security Regional 28

FICO

JANUARY 5, 2023

Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. regulators take a major step in addressing the emerging open banking landscape. Several groups have also called for comprehensive industry regulation. Four 2023 U.S.

Policies 52

Policies Company Regulation Risk Management 52