PYMNTS

MARCH 2, 2020

Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). The California Consumer Privacy Act went into effect in January, and the European Union’s General Data Protection Regulation ( GDPR ) went into effect in 2018.

NJ 249

NJ New Jersey Regulation Data 249

Bank Innovation

FEBRUARY 6, 2018

The Hong Kong Monetary Authority has released draft guidelines for virtual banks looking to set up in the region, the South China Morning Post reported today. The authority, which will issue its final guidelines on the matter in May, is proposing that virtual banks will need to have a minimum of $38.6 million U.S., or […].

Guidelines 170

Guidelines Regional Report Online 170

PYMNTS

SEPTEMBER 3, 2019

In Japan, the Fair Trade Commission said last week that it has draft guidelines in place that would promote tighter regulation of larger tech firms. The guidelines would address concerns over customer data and would impact companies such as Facebook, Apple and Amazon, among others. Taxes, Too. Libra in the Crosshairs.

Guidelines 116

Guidelines Regulation Taxes United States 116

PYMNTS

FEBRUARY 16, 2020

Facebook is something in between a newspaper and a telecommunications company, said CEO Mark Zuckerberg , and he wants it to be regulated accordingly, The Wall Street Journal reported. And in comments made last March, he said he believes more regulation is needed on social media companies.

Guidelines 131

Guidelines Regulation How To social media 131

PYMNTS

SEPTEMBER 11, 2020

Before the anticipated deployment of iOS 14 later in September, Apple updated its App Store guidelines on Friday (Sept. Also, Apple’s guidelines now indicate that digital one-on-one classes, such as exercise instruction, can circumvent the company for payment.

Guidelines 141

Guidelines Apple Exercises Google 141

PYMNTS

JUNE 19, 2020

A top British financial services regulator Friday proposed new regulations that could help borrowers bracing for the end of consumer protections implemented as COVID-19 bore down on the country.

Regulation 210

Regulation Guidelines Maine Cards 210

Perficient

FEBRUARY 4, 2021

The Web Content Accessibility Guidelines (WCAG) were developed with these disabilities in mind and provide specific criteria for making a site accessible. In lieu of a specific regulation, adoption of the WCAG has become a best practice in ensuring accessible web sites.

UX 531

UX Guidelines Compliance Study 531

PYMNTS

OCTOBER 19, 2018

Following the proposal of a payments regulator to be established independent of the Reserve Bank of India (RBI), the central bank has put forward a public objection. Regulation of the payment system by the central bank is the dominant international model for stability consideration,” the central bank said in a note on Friday (Oct.

Regulation 172

Regulation Payments Guidelines System 172

Abrigo

NOVEMBER 14, 2024

Banks should regularly update their risk profiles, audit their processes, and ensure compliance with FFIEC guidelines. Provide timely updates in response to changes in regulations. Here are some essential steps: Strengthen internal controls : Effective internal controls are the backbone of a sound AML/CFT compliance program.

Compliance 221

Compliance How To Training Software 221

PYMNTS

NOVEMBER 27, 2020

Compliance with financial regulations market-to-market around the globe is increasingly automated yet relies on the same human emotion that undergirds all forms of exchange: trust. In other words, banks and financial institutions (FIs) have an obligation to make sure you are who you claim to be.

Compliance 198

Compliance Regulation Payments Study 198

PYMNTS

JUNE 12, 2019

Guidelines for patents on self-driving car technology and internet-enabled vehicles have put tech firms and automakers at odds, according to a report by Reuters. The guidelines by the two industries differ in the way licensing fees get calculated, and the rules for using patented tech. Qualcomm was ordered in May by a U.S.

Guidelines 115

Guidelines Industry Technology Regulation 115

PYMNTS

JULY 5, 2020

The nation’s marijuana regulator has told financial institutions to treat the $500 million hemp businesses the same way they would any other businesses. These guidelines help clarify how hemp should be treated and operate in the banking space,” said CEO Bruce Perlowin. “A Hemp Inc.,

US 352

US Nevada Arizona Guidelines 352

PYMNTS

JANUARY 26, 2021

“The main objective of this project launched together with WizKey is to support banks in managing credits, especially non-performing ones, in a standardized and secure manner in line with the indications of European regulators,” said Daniele Savarè, director of Innovation & Business Solutions at SIA, in the release.

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blockchain Guidelines cryptocurrency Marketing 244

PYMNTS

MAY 16, 2019

Jack Ma, the Chinese billionaire and founder of Alibaba, expressed concerns technology companies will be harmed by increased regulation coming out of Europe. With lawmakers and regulators around the world clamping down on technology companies, the European Union has become one of the fiercest critics of tech companies.

Regulation 166

Regulation Innovation Guidelines Conference 166

Perficient

AUGUST 3, 2023

Generative AI ingests data and understands guidelines incredibly well; therefore, businesses across industries are jumping to take advantage of all the possible ways the tool can help save them money and create elevated, uber-personalized customer experiences.

Industry 83

Industry Risk Management Customer Experience Fraud 83

PYMNTS

DECEMBER 3, 2019

It also clarifies the BSA guidelines when offering financial services to hemp-related businesses. The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), FinCEN , the OCC and the Conference of State Bank Supervisors participated in issuing the definitions and guidelines.

Regulation 137

Regulation Guidelines FDIC Conference 137

PYMNTS

JANUARY 18, 2022

18) that it plans to regulate cryptocurrency advertising like other financial products and ensure that promotions are “fair, clear and not misleading,” according to a Bloomberg report. 17), Spain’s market regulator enhanced controls on crypto-related ads, saying they must include a warning that investors risk losing all their money.

cryptocurrency 147

cryptocurrency Regulation social media Guidelines 147

PYMNTS

FEBRUARY 11, 2020

Facebook CEO Mark Zuckerberg has scheduled meetings with European Union (EU) regulators ahead of an official proposal presentation to create a new framework for Big Tech, Reuters reported on Tuesday (Feb. Zuckerberg will meet with the EU’s digital regulation leaders on Monday (Feb.

Meeting 151

Meeting Regulation Guidelines Data 151

Perficient

AUGUST 14, 2020

Evolving Regulations – Each state has their own guidelines for managing this health crisis. To respond effectively, providers need immediate access to disparate data like bed capacity and COVID positive and COVID negative hospital staff.

System 519

System Analytics Strategy Guidelines 519

Abrigo

JUNE 14, 2021

In the guidelines, OFAC identifies five key components that are not unlike the BSA program requirements that financial institutions have been implementing for years. As seldom seen from the regulatory authorities, the Guidelines generally defines management as senior leadership, executives, or the board of directors. Learn More.

Compliance 370

Compliance Training Resources Policies 370

PYMNTS

MARCH 31, 2020

The necessity of such regulations is undeniable, however, as lagging data standards leave businesses and consumers open to fraud and boost frustration regarding the speed of digital transactions. regulators are searching for solutions that can make the privacy landscape more cohesive, with Sen. Sixty-three percent of U.S.

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Regulation Data US Washington 154

PYMNTS

SEPTEMBER 28, 2018

In an effort to get more clarity on the regulation of digital currencies, U.S. The lawmakers are looking for the official to lay out how the agency plans to regulate digital currency in clearer terms, CNBC reported. representatives wrote to U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton.

Regulation 139

Regulation San Francisco US Bitcoin 139

PYMNTS

JULY 15, 2020

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG , the collapsed payments company that is facing a series of criminal allegations. ESMA said they will conclude the inquiry by the end of October.

Regulation 141

Regulation Guidelines Groups Report 141

PYMNTS

MAY 24, 2019

Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by Reuters. In other CBIRC news , the organization recently released new guidelines aimed at getting banks to increase lending to small businesses.

Regulation 158

Regulation Lending Guidelines Maine 158

PYMNTS

JULY 15, 2019

The Financial Action Task Force (FATF) recently released guidelines intended to increase the transparency of digital asset transactions, as regulators push for greater cryptocurrency oversight. In retail news, the legal cannabis industry is evolving in Colorado with the state’s licensed businesses.

Regulation 128

Regulation Colorado Data Guidelines 128

Abrigo

DECEMBER 11, 2014

In September, the Office of the Comptroller of the Currency (OCC) published final guidelines designed to “strengthen the governance and risk management practices of large financial institutions.” For institutions over $750 billion, this guidance is effective immediately upon the Nov. 10, 2014 effective date.

Community Bank 207

Community Bank Community Risk Management Guidelines 207

PYMNTS

SEPTEMBER 23, 2020

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. FIs in Fidor’s native Germany should by now be familiar with the standards set by GDPR, PSD2 and other regulations aimed at online banking.

Compliance 225

Compliance Regulation Guidelines Security 225

PYMNTS

FEBRUARY 11, 2020

Facebook CEO Mark Zuckerberg has scheduled meetings with European Union (EU) regulators ahead of an official proposal presentation to create a new framework for Big Tech, Reuters reported on Tuesday (Feb. Zuckerberg will meet with the EU’s digital regulation leaders on Monday (Feb.

Meeting 130

Meeting Regulation Guidelines Data 130

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

AUGUST 27, 2019

Under the guidelines, which cover exchanges, trading platforms and wallet providers, the regulators state businesses are not exempt from standards that tie in anti-money laundering (AML) rules, among other mandates.

blockchain 145

blockchain Regulation Payments Bitcoin 145

Perficient

JANUARY 16, 2024

Clear Policies and Procedures: Establishing clear guidelines and protocol practices is crucial in safeguarding your business. Establish clear guidelines and protocols for financial transactions, approvals, and reporting. Regularly review and update policies annually to ensure compliance with current rules and regulations.

Compliance 221

Compliance Guidelines Policies Risk Management 221

Chris Skinner

MARCH 10, 2017

The Prudential Regulatory Authority (PRA) has had guidelines in place for a while around using third party processors for critical functionality, like making payments. It must not cause detriment to the entity’s clients.

Regulation 219

Regulation Exercises Guidelines Data 219

Perficient

FEBRUARY 27, 2025

The rise of digital banking, cryptocurrency, blockchain, and AI adoption across banking operations will prompt regulatory bodies to implement clearer frameworks and guidelines to ensure stability and consumer protection. By ensuring compliance with regulations, banks mitigate risks and maintain trust with customers and regulatory authorities.

Banking Trends 221

Banking Trends Trends Digital Banking Customer Experience 221

Bobsguide

MARCH 12, 2020

Despite extreme economic uncertainty, policy makers continue attempts to regulate artificial intelligence (AI) as tech vendors adapt to the latest guidelines set by the European Commission last month, calling for a European AI strategy. Legal counsels are advising small fintechs and companies.

Policies 161

Policies Guidelines Marketing Strategy 161

PYMNTS

DECEMBER 18, 2020

The paper said that prior to the approval of vaccines by regulators in the United States and the European Union, authorities had warned that fraudsters would use the opportunity to launch scams or sell stolen doses. In the United States, the FBI posted guidelines on its website for avoiding COVID-19 crime.

Report 274

Report United States social media Guidelines 274

PYMNTS

OCTOBER 18, 2018

At the time, Heinz Tännler, finance director of the canton of Zug in Switzerland, told reporters that the nation would clarify financial regulations on providing banking services to crypto businesses by the end of the year. “Time is pressing,” he said.

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Guidelines cryptocurrency blockchain National 213

Bank Innovation

SEPTEMBER 6, 2017

The European Central Bank is working on new licensing guidelines that could cover fintech companies, ECB’s Supervisor Daniele Nouy said at a conference today.

Fintech 225

Fintech Guidelines Conference Company 225