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Today In Payments: Facebook Calls Out Apple; DC AG Sues Instacart

PYMNTS

The attorney general for the District of Columbia alleged in a lawsuit filed on Thursday (Aug. Doug Brown, NCR Digital Banking’s senior vice president and general manager, tells Karen Webster what smaller FIs must do to remain competitive. Facebook Inc. DC AG Sues Instacart Over Fees Customers Thought Were Tips. or Dry Powder?

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Visa-Western Union Deal And Alexa’s Roommate Potential Top The Week’s News

PYMNTS

The eCase for Liberating $190B in Rental Security Deposits. In the old days, forged checks were the biggest problems that bank fraud departments had to manage. Attorney’s Office for the District of Columbia. Trackers and Reports. Why AI Is MIA in Most FI Fraud Departments. Can Predictive Retail Really Take Off?

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Who Should Lead The Digital ID Push?

PYMNTS

Despite all the discussion about verifying digital IDs without creating friction for the user, recent incidents like cybercriminals using AI to impersonate an energy company’s CEO to falsely request money could give security professionals nightmares. There’s no question the world is moving in a digital direction. Department of Commerce.

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Equifax Reaches Historic $575 Million Settlement Agreement Arising from 2017 Data Breach

CFPB Monitor

The FTC complaint alleges Equifax was aware of a security vulnerability in a database containing consumer inquiries about their personal credit data. million Social Security numbers, and 209,900 payment card numbers and expiration dates. Participating in third party audits of its security program every two years.

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Digital Driver’s Licenses Are Put To The (Pilot) Test

PYMNTS

They can then use the digital versions when visiting age-restricted merchants, interacting with police at traffic stops or in airport screenings with Transportation Security Administration (TSA) personnel. It’s something that the general public has an appetite for,” Werner said. Pilot Testing Digital IDs.

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

” As a regulatory body, the OCC said it will focus on the following to address the increasing risk: • Execution of bank strategic plans and management of strategic risk. • Liquidity risk management and adequacy of contingency funding plans. • Vendor and third-party management processes. The OCC on Oct.

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Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. How exactly it helps the IRS count and manage all that cash is something of a mystery. The federal government alone collected an estimate $4.7

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