PYMNTS

MAY 6, 2020

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. There is one sticking point online casinos need to fix, however, and that is the speed at which consumers receive their winnings.

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PYMNTS

JUNE 25, 2020

In today’s top news, Wirecard files for insolvency, and New York proposes easing regulations for cryptocurrency licenses. New York To Ease Cryptocurrency Regulations. plans to offer a Samsung Pay Card that will operate like a digital wall for customers. Wirecard Files For Insolvency, Seeks Court Protection.

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New York cryptocurrency Regulation Samsung 248

Abrigo

APRIL 11, 2025

Learn why Unique needs & challenges Each financial institution is unique, and adopting new technology requires thoughtful integration withor changes toexisting operations. Helping software users in an ever-changing environment Fast, knowledgeable support is essential, especially when regulations change or questions arise.

Technology 195

Technology Software Training Risk Management 195

PYMNTS

OCTOBER 12, 2020

Facebook's proposed global digital currency Libra is expected to get pushback from G7 leaders who are anticipated to publicly oppose the project due to a lack of regulations, according to a Reuters report on Monday (Oct. The draft will be presented on Tuesday (Oct. 13) during a meeting of finance ministers and central bankers from the U.S.,

Regulation 200

Regulation Meeting System Security 200

PYMNTS

AUGUST 7, 2020

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

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Online System Fraud Video 222

PYMNTS

MAY 9, 2019

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital. Reuters is reporting that this totals eight total licenses handed out by the government.

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PYMNTS

MAY 8, 2020

Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . The pandemic is sweeping through an already critical year for online betting. Such sites are expecting major growth in the U.S.,

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

JANUARY 22, 2021

And that opened up an entirely new playing field for online gaming establishments now free to operate in any state that would allow them. And I’d imagine the feeling among regulators has been that an organized money laundering effort could be policed because they [the casino] would actually see it happening. Untangling Red Tape.

Online 181

Online Tennessee Regulation Examples 181

Bank Innovation

MARCH 30, 2018

bank said it will be switching off access to 24 million customers as the bank restructures itself as required by national regulation. Barclays customers across Europe will not be able to use their mobile banking app this weekend. The major U.K. These changes were established by the Bank of England in 2011, and is referred […].

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Online National Regulation Mobile 220

PYMNTS

MAY 31, 2020

Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. Although Chile has now granted permission, Mexico regulators still have not.

Online 163

Online Regulation Retail Regional 163

PYMNTS

DECEMBER 16, 2020

New draft rules tied to the Digital Services Act and Digital Markets Act (collected under the Digital Services Act Package ) would broaden European Union regulators’ power to rein in Big Tech. Yes, draft regulations can be changed. tech giants contend that the potential regulations would be onerous. tech giants.

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PYMNTS

AUGUST 3, 2020

Scandal-plagued German FinTech pioneer Wirecard counted among its payments processing clients an online casino that laundered money for an arm of “one of Europe’s most dangerous mafia organizations,” the Financial Times reported on Monday (August 3). ‘Ndrangheta operates from the Calabria region in Southern Italy.

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Regional Online Fintech Report 362

PYMNTS

JUNE 20, 2019

Powell also said that regulators have jurisdiction to enforce anti-money laundering regulations on business that operate within the digital sphere. “We Facebook said the coin is meant to facilitate online payments for the unbanked population of the world. It’s something we’re looking at,” he said.

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Regulation cryptocurrency System Bitcoin 168

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. With so many retail stores closing, they need to be able to provide a way to sell D2C wherever those consumers are online.”.

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Branding Taxes Fraud Regulation 322

PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Regulators in countries like Egypt have only recently rolled out their data protection rules.

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Online Report Payments Regulation 151

PYMNTS

FEBRUARY 5, 2020

How that will affect merchants’ online promotional activity hangs in the balance. As we know, mostly anonymous corporations have been collecting consumer data online for years, usually without explicit permission, selling it or using it for ad retargeting and personalization. That’s a bad moon rising for some Big Data operators.

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Google Data Regulation social media 288

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.

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Regulation Data US Washington 154

PYMNTS

OCTOBER 14, 2020

MercadoLibre , which operates platforms for buying and selling goods across Central and South America, is eyeing an investment in Brazil next year that would be even bigger than its $716 million investment this year, Bloomberg reported. However, it is not simply a technology or a regulation.

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United States America Regulation Regional 260

PYMNTS

JUNE 29, 2020

The rise of online and contactless transactions in the European Union, for example, has meant that many merchants are making the bulk of their sales away from brick-and-mortar stores. The health crisis has brought about changes to this rule, however, and these may have long-term implications for payment standards and regulations.

How To 239

How To Payments Management social media 239

PYMNTS

JULY 20, 2020

Reuters reported that Brazil’s central bank director, João Manoel Pinho de Mello , speaking at a live online event from Genial Investimentos, said the country viewed Big Tech coming in as a “huge opportunity.” ” “Everyone can participate,” he said. “We We will allow it, no problem.

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Payments Regulation Cards Operations 244

Perficient

DECEMBER 14, 2020

Crisis response, maintaining safe and operational working conditions, mitigating supply chain disruptions, maintaining liquidity, and deftly responding to shifts in the market have emerged as key focus areas for all businesses. Cloud Computing will be Increasingly Regulated. Cloud Marketplace Usage will Increase.

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Technology Trends Software Resources 348

PYMNTS

FEBRUARY 11, 2019

But since it’s the data point that most use to define the online/physical retail sales split, let’s use it to project, based on historical trends what the world looks line in twenty years. Amazon, of course, owns Whole Foods and operates its own branded book stores and convenience stores. Investor activists think it should be eBay.

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Online Retail Mobile Branding 197

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Considering t he global nature of COVID-19, regulators outside of the U.S. Security .

Data 199

Data Retail US California 199

Bank Innovation

OCTOBER 31, 2017

Exchange operator CME Group has announced plans to launch bitcoin futures in the fourth quarter. The announcement by the operator, the largest in the world, prompted a surge for the currency that set bitcoin’s price to a record high (again) of $6,300.

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Bitcoin Groups Regulation Operations 255

Bank Innovation

JUNE 12, 2017

As the year saw changes in financial regulation, startup culture, and trends in venture capital, innovation moved forward: blockchain labs were made, funding was fought for, mobile payment systems were integrated, and the limits of artificial […].

Innovation 399

Innovation blockchain Trends Capital 399

PYMNTS

SEPTEMBER 16, 2020

The Financial Times (FT) reported police acknowledged that in a scheme to avoid China’s tough financial regulations, thieves have targeted sites including Pinduoduo Inc., the Shanghai-based company that calls itself the world’s largest online platform. Money laundering carries a maximum penalty of 14 years in prison as well as a fine.

Online 312

Online Report Security Regulation 312

PYMNTS

JULY 6, 2020

According to analysts with Bank of America, even as the market begins to recover and people go out more often, the tendency to buy more online might stick, Bloomberg reported. Some of them had never used eCommerce at all, Bloomberg reported. The site is primarily focused on consumer-packaged goods and counts Brazil as its largest market.

Online 150

Online America Groups Report 150

PYMNTS

NOVEMBER 11, 2020

11 (“11-11”) in China and some other countries — saw online sales explode past last year’s sales totals. online sales seen last year between Thanksgiving and Cyber Monday. billion online during that period, according to Adobe Analytics data. Alibaba ’s Singles Day performance on Wednesday (Nov. That’s up from $38.4

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Regulation Branding Apple Retail 239

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

DECEMBER 28, 2020

Large Chinese companies, including Alibaba and rivals Tencent , food delivery giant Meituan and retailer JD.com , have lost almost $200 billion in Hong Kong since regulators announced last week that they were investigating Alibaba's reported monopolistic practices, according to Bloomberg. Regulators on Sunday (Dec.

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Regulation Google Report Capital 141

PYMNTS

OCTOBER 21, 2020

In April, for example, the EBF, European Association of Co-operative Banks (EACB) and the European Savings and Retail Banking Group (ESBG) said that tech-driven priorities include the development of instant payments capabilities across the EU and robust data sharing.

Data 317

Data Regulation National Examples 317

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.

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Compliance Regulation Guidelines Security 225

PYMNTS

AUGUST 17, 2020

In a letter, as reported by various media outlets in India, the All India Organization of Chemists and Druggists argues that laws from the 1940s prohibit the sort of home delivery operation that Amazon is piloting in India. For years, pharmacists have complained about confusion around what is allowed as small operations have launched.

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Groups Regulation Operations Meeting 251

PYMNTS

FEBRUARY 8, 2019

Meanwhile, airlines and other travel vertical players face fresh pressures on alternative payments , and new payday loan regulations are looming. Meanwhile, the luxury retail ecosystem could change via another online operation that offers relatively easy access to designer goods. payday loan regulations could take effect.

Payments 182

Payments Regulation Compliance Operations 182

PYMNTS

NOVEMBER 4, 2020

The seizure stemmed from a cryptocurrency fraud scheme being investigated by Brazilian federal police called Operation Egypto. They reportedly held the funds in a way that would've mandated regulation under Brazilian law, with which Fagundes and the others allegedly didn't comply.

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Fraud cryptocurrency Regulation Operations 234

South State Correspondent

APRIL 1, 2025

This means that thanks to recent Apple upgrades in their operating system, most phones are now capable of receiving Rich Communication Services (RCS) messages in addition to traditional SMS. The expanded format provides more opportunity to run astray of regulations. iOS or higher.

Marketing 195

Marketing Security Analytics User Experience 195

PYMNTS

FEBRUARY 2, 2021

To an extent, that same spirit and intention is behind the recent spate of government approvals for online gambling. That leads to the product of said online activity — and that’s money. 1, a milestone that also made Action 24/7 the only locally owned sportsbook gaming operator of four licensed by the state. “I Winning Converts.

Tennessee 262

Tennessee Payments social media Regulation 262