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Banking Computer-Security Incident Notification Requirements Take Effect

Abrigo

New Rule Outlines Computer-Security Incident Notification Obligations for Banks Financial institutions and their service providers should prepare to meet new computer-security notice requirements by May 1, 2022. . Computer-security incident notifications required. Expand and Clarify.

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Open Banking Meets Instant Payments At The Online Checkout

PYMNTS

It is definitely getting very cluttered. Building on top of the open banking infrastructure, PayDirect is a new payment method that enables companies to take online payments in a highly secure way, and also pay out to customers through the same rails. I mean, how does a piece of plastic have anything to do with online?

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China’s Cyberspace Watchdog Mulls Stricter Online Oversight 

PYMNTS

It said it is striving to protect people’s rights and interests and safeguard national security. The regulator enforces China’s digital censorship rules, but specific definitions weren’t developed when the agency was created in 2000.

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Mastercard’s Playbook On Fighting Online Fraud’s Big Surge

PYMNTS

The shift to online commerce in the wake of the coronavirus pandemic is unprecedented. We’re doing more of everything online, especially transacting. Many merchants are trying very quickly to establish themselves with an online presence,” said Quevedo. Hiding In Plain Sight?

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In Online Banking, Spreading The Message Of Secure Messaging

PYMNTS

If the definition of insanity is doing the same thing time and again and expecting different results, then perhaps the way we pay through, and interact with, online banking may have a hint of madness, or at least complacency. And though the web may offer convenience, it offers not much in the way of security.

Security 101
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The Eerie-sistible Allure of Online Shopping

BankBazaar

*Trigger warning for shopaholics* Dear readers, gather ’round, and let me take you on a journey through the aisles of online shopping, where the siren call of “Add to Cart” beckons even the most frugal souls. It’s like being lured into an eerie, online retail haunted house.

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Biometrics and the ‘Insured Internet’: Security at Money20/20

Bank Innovation

At Money 2020—a global event surrounding really everything involving money currently happening in the one and only Las Vegas—one of the topics on everyone’s minds is definitely security, specifically of the digital kind.

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