Nerd's Eye View

MAY 15, 2024

On April 25, 2024, the Department of Labor (DoL) issued the final version of its Retirement Security Rule (the "Final Rule"), which imposes an ERISA fiduciary standard "that applies uniformly to all investments that retirement investors may make with respect to their retirement accounts ".

Securities 97

Securities Investments Planning Banking 97

PYMNTS

DECEMBER 8, 2020

8) in a blog post that clients can now harness the company’s payments orchestration platform as a single way to handle their Strong Customer Authentication (SCA) requirements amid the approaching end-of-the-year deadline for 3D Secure 2.0 3DS2) compliance. Spreedly announced Tuesday (Dec.

Compliance 56

Compliance Risk Analysis Accounting Securities 56

PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. Also securing seed funding is Bazaar, a B2B online marketplace based in Pakistan developed for the food and grocery arena to connect wholesale suppliers to retailers.

B2B 81

B2B Securities Startups Investments 81

PYMNTS

SEPTEMBER 16, 2019

Despite announcements last month that the deadline for Strong Customer Authentication (SCA) compliance will be extended , the original proposed deadline approaches next week. The latest PSD2 Tracker looks into how EU merchants and retailers could leverage biometric authentication to better comply with SCA. Previous efforts for the U.S.

Compliance 52

Compliance Communication Leverage Securities 52

PYMNTS

SEPTEMBER 26, 2018

A case of complacency on compliance? 25) from Verizon Communications, full compliance with the PCI DSS (short for Payment Card Industry Data Security Standard) dropped last year, the first decline seen in six years. percent at full compliance in Europe, while the standing was 39.7 Then came retailers at 56.3

Compliance 53

Compliance Communication Securities Retail 53

PYMNTS

JULY 7, 2020

Now a new Israeli tech accelerator is turning its efforts toward retail innovation and helping to start new technologies for payments and biometrics. Called the Retail Innovation Club , it was founded as a facilitator as well as an accelerator. “We Healthcare startups have shifted into retail tech with in-store solutions.

Retail 60

Retail Startups Healthcare Securities 60

CFO Plans

SEPTEMBER 24, 2024

Operational accounting services offer crucial support, ensuring financial health and compliance. Discover Digital Accounting Solutions Transition to Cloud-Based Accounting Services Cloud-based accounting services provide unparalleled flexibility and security.

Tax Planning 52

Tax Planning Compliance CFO Risk Management 52

CFO Talks

SEPTEMBER 17, 2024

For CFOs, ensuring that financial data is accurate, secure, and easily accessible is essential to driving sound decision-making and maintaining regulatory compliance. For example, consider a large retail chain that has stores across South Africa. A medical practice may handle sensitive patient billing data.

Financial Reporting 52

Financial Reporting Auditing IFRS CFO 52

PYMNTS

OCTOBER 26, 2016

While it’s not uncommon for these Internet of Things (IoT) devices to be accessed by attackers looking for a stealthy way in, it’s also not uncommon for merchants to overlook these as a point of security vulnerability. to provide additional layers of security. Going Beyond PCI.

Securities 81

Securities Auditing Compliance Retail 81

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities.

Compliance 82

Compliance Securities Auditing Retail 82

PYMNTS

JUNE 5, 2020

Partnering with FinTechs that have lax security creates very real issues: Criminals could abuse open banking-powered payment apps to launder money, for example, or take over accounts and steal victims’ funds. The federal entity is charged with monitoring the U.S. Even if your products are not covered per FinCEN in the U.S.,

Securities 69

Securities Banking Leverage Accounting 69

PYMNTS

FEBRUARY 10, 2020

In retailing it’s usually a good thing when you’re the first to do something. And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). Security Boulevard research shows that as of Dec. The potential punishments for non-compliance are steep. Except when it’s a lawsuit.

Retail 62

Retail Compliance Advertising Securities 62

PYMNTS

SEPTEMBER 18, 2017

How secure do you feel when it comes to payments? Two-thirds of the more than 3,000 adults surveyed said they were concerned about data security, with 38 percent of respondents believing their private information may have already been exposed. As for blaming the retailer for any number of breaches?

Securities 61

Securities Compliance Numbers Accounting 61

PYMNTS

MAY 31, 2017

Visa announced Tuesday (May 30) that it is rolling out enhancements to its Verified by Visa service, a global solution designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. As part of the upgrade, Visa said it was enhancing its systems to support 3-D Secure 2.0,

Securities 77

Securities Compliance Technology Retail 77

PYMNTS

NOVEMBER 8, 2019

The rule officially took effect in September, and EU countries have begun helping merchants and consumers work toward compliance. PSPs must, therefore, strike the right balance between authentication and seamlessness, while keeping up with how different European countries are tackling SCA compliance. Ireland and the U.K.

Compliance 40

Compliance Retail Securities Marketing 40

PYMNTS

JULY 17, 2019

While regulatory and governmental bodies are still debating PSD2’s full reach, the latest PSD2 Tracker looks at how retailers are approaching SCA as they face potential losses under the rule. Cas Paton, OnBuy founder and managing director, discussed the challenges of SCA compliance in an interview with PYMNTS. For example, U.K.-based

Retail 65

Retail Compliance Education eCommerce 65

PYMNTS

FEBRUARY 10, 2020

In retailing it’s usually a good thing when you’re the first to do something. And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). Security Boulevard research shows that as of Dec. The potential punishments for non-compliance are steep. Except when it’s a lawsuit.

Retail 52

Retail Compliance Advertising Securities 52

PYMNTS

SEPTEMBER 20, 2018

However, keeping track of data in a way that enables secure storage, efficient access and analysis, compliance with regulations and — ultimately — its profitable use is quite another topic. As a result, these companies can generate higher returns while cutting costs and reducing compliance burdens at the same time.

Retail 51

Retail Compliance Reconciliations Securities 51

PYMNTS

APRIL 1, 2020

With social distancing currently a top priority of retailers in the current environment, a supplier of shopper engagement and loss prevention technologies has flipped the script, now making devices that heighten real-time awareness of social distancing in retail stores.

Retail 53

Retail Leverage Securities Technology 53

PYMNTS

JULY 12, 2019

Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. Other figures also point to how much consumers are spending on legal retail pot. Legal retail cannabis may be spreading throughout the U.S., Companies also have made more than $6.5

Retail 61

Retail Compliance Manufacturing Sales 61

PYMNTS

NOVEMBER 4, 2016

Tripwire, a provider of security and compliance solutions for enterprises and industrial organizations, announced Thursday (Nov. 3) a new study that shows retail IT professionals were overconfident in their ability to collect data needed to identify and stop a cyberattack.

Retail 67

Retail Securities Compliance 67

Future CFO

JANUARY 23, 2022

According to Fung Business Intelligence Centre (FBIC), a Hong Kong-based think tank, China’s retail sales will likely grow by six per cent in 2022 as the government strengthens measures and policies to boost consumption. How is the retail sector in China evolving – pre and during COVID? trillion in 2020 to US$2.46 in 2020 to 45.5%

Retail 52

Retail CFO Strategic Planning Corporate Finance 52

PYMNTS

SEPTEMBER 17, 2019

In terms of prompt disclosure of data breaches, Lee noted that the company has hired a chief information security officer (CISO). Moreover, it also entails keys, storing those keys and how people internally access information along with the types of security technology that it uses.

Compliance 80

Compliance Securities Technology eCommerce 80

Global Finance

OCTOBER 16, 2024

Lim Soon Chong , Group Head of Global Transaction Services, DBS As financial institutions seek to expand their cross-border payment capabilities, the challenge lies not only in scaling to new corridors but also in managing the complexity of currency volatility and compliance. Real-world applications of this approach are already in motion.

Currencies 105

Currencies Economics Leadership Compliance 105

PYMNTS

JANUARY 8, 2021

Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading.

Compliance 145

Compliance Communication Retail Startups 145

PYMNTS

MARCH 1, 2017

For more on how storefront companies can address these challenges, PYMNTS spoke with ShopKeep CEO Michael DeSimone for the February Tracker Feature Story about how flexible Payments as a Service solutions can help merchants stay competitive with online sellers and address common storefront issues like EMV compliance. . About The Tracker.

Compliance 43

Compliance eCommerce Technology Marketing 43

PYMNTS

MARCH 17, 2016

Sage Pay is taking its partnership with a voice services company to a more secure level. “Aeriandi and Sage Pay’s portfolios of secure voice and eCommerce solutions complement each other extremely well, making this partnership a natural fit,” stated Richard Aldred, business development manager for Sage Pay, in the release.

Securities 40

Securities Compliance eCommerce Retail 40

PYMNTS

DECEMBER 19, 2019

The push to get to full PSD2 SCA compliance, he said, isn’t going to be an easy switch-on because, as is often the case in the European Economic Area (EEA), there are a lot of moving parts and a lot of details up in the air. What will that compliance look like in the in the EEA and around the world? Kakkar said.

Compliance 40

Compliance Economics Banking Securities 40

PYMNTS

DECEMBER 29, 2020

With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Certainly, the use and availability of cryptocurrencies is another emerging area that is contending with its own unique set of compliance issues, but it is also one Wingert said appears to be closing gaps in regulation.

Compliance 108

Compliance Prioritization Securities Banking 108

Global Finance

OCTOBER 11, 2024

The transaction netted JPMorgan approximately $173 billion in loans, $92 billion in deposits, and $30 billion in securities. Its Consumer & Community Banking business added a substantial amount of retail branches and advisers and leads the First Republic integration. billion, with solid performances from most business lines.

Banking 107

Banking Foreign Exchange Profit and Loss Finance 107

Global Finance

JUNE 14, 2024

AI-first core : It supports back and middle office operations, including credit scoring, regulatory compliance, customer service, and fraud detection. AI-driven systems are adept at tracking regulatory changes, seamlessly integrating compliance into operational decisions to avoid fines.

Leverage 93

Leverage Risk Management Compliance Concentration 93

PYMNTS

AUGUST 13, 2020

PAAY said its EMV 3DS offering lets merchants decrease chargeback costs, bolster authorization rates and maintain compliance as they provide an easy as well as frictionless experience for users. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick.

Technology 99

Technology Compliance Retail eCommerce 99

PYMNTS

JANUARY 19, 2021

With so many retail stores closing, they need to be able to provide a way to sell D2C wherever those consumers are online.”. Retailers are entering new markets at a time when regulations are becoming more complex and costly, not less.

eCommerce 128

eCommerce Compliance Invoicing Retail 128

PYMNTS

JULY 4, 2016

It has identified a regulation – namely the EU’s PSD2 – and created a way for banks to comply with this regulation while outsourcing the heavy lifting of that compliance to Token’s network. “The real big win here is that the technology that the banks put in for the retail customers can be used on the B2B payments side.

Compliance 40

Compliance Profit and Loss Banking Securities 40

PYMNTS

OCTOBER 28, 2020

The Oracle Financial Crime and Compliance Management Cloud Service delivers extensive cybersecurity capabilities to financial institutions (FIs) of all sizes. With over 20 years of experience fighting cybercrime, the Oracle Cloud Infrastructure (OCI) claims to be highly secure and scalable.

Banking 61

Banking Compliance Securities Retail 61

PYMNTS

JUNE 14, 2017

Online fraud is no small problem for merchants, but a significant number of retailers do not spend enough time on the dual goals of streamlining the consumer data experience while weeding out possible fraudulent transactions. Is there lack of awareness of security risks?

Retail 58

Retail Accounting eCommerce Securities 58

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Telcos and retailers weren’t far down the list.

Securities 42

Securities Technology Banking eCommerce 42