August 06, 2019 at 03:57PM The deadline for Strong Customer Authentication (SCA) is fast approaching. The vast majority of intra-European Economic Area (EEA) electronic payments above €30 will require two-factor authentication (2FA) from the 14 September. There are 2 obvious main concerns: either you’re compliant as a merchant and your conversion rates will suffer as a result of the 2FA-induced more onerous payment… Source What we’ve learnt from tackling SCA in the travel industry … Selected by FCREG Search Web: What we’ve learnt from tackling SCA in the travel industry Continue reading What we’ve learnt from tackling SCA in the travel industry
Coming up this week Regulation, Financial Services and Customer Centricity Del Nadarajah, Director at Deloitte and Yuelin Li, VP Strategy at OnfidoMay 21 2019 3:00 pm | 60 mins PSD2 open banking: Where do Risks and Liabilities sit? Kai Zhang, BCLP | Paul Meadowcroft, KonsentusMay 21 2019 4:00 pm | 60 mins An Office Manager’s perspective on HIPAA Compliance 24By7Security, Inc,.May 21 2019 5:00 pm | 60 mins Payments Strategy is the New Marketing Strategy Michele Tivey, Co-Founder & CEO, PayometryMay 21 2019 6:00 pm | 45 mins AlignMoney – Business and Personal Credit Cards in One Card and One … Continue reading Podcast – recommended
May 17, 2019 at 12:10PM Most consumers have come to expect a one-stop, one-click shopping experience, and merchants want to deliver. eCommerce innovations have been focused on removing frictions for years, and many checkout processes have been streamlined to the point where customer frustrations are minimal. Creating such an experience is easier said than done, however, especially with rising levels of fraud and new security concerns. PSD2 and GDPR have changed how European merchants handle data, but there is another new standard on the horizon that they will have to comply with: strong customer authentication (SCA). SCA requires merchants to … Continue reading How OnBuy Is Tackling SCA Compliance
May 16, 2019 at 11:01AM JobCoin, the digital asset primed for international rebates, revealed to Cryptovest that it is moving to its second stage of its IEO, with an offering on the BitKing exchange. The token will be available for purchase through multiple digital assets on the BitKing platform, including BTC, ETH, BCH, XRP, ADA and XLM. After the listing, BitKing will offer 200X leverage, and users will also receive bonuses if they pledge to lock up the token. In other news, Binance has resumed trading activity after certain operations were suspended following a data breach that saw hackers stealing … Continue reading Bitcoin Daily: JobCoin To Move IEO To BitKing Exchange; Binance Back To Trading After Cyberattack
April 16, 2019 at 07:36PM The administration’s move seems aimed at cutting down on regulation. But broader reviews by the White House under the Congressional Review Act could hinder rules the industry supports. via American Banker: Feed http://bit.ly/2UGwB2X Continue reading Will White House memo be a roadblock for reg relief?
April 16, 2019 at 02:00AM Despite consensus that regulators should ease so-called “living will” requirements by some degree, critics charge that a proposal by the Fed and FDIC could undo gains in making large banks easier to resolve. via American Banker: Feed http://bit.ly/2IAnObJ Continue reading Will reg relief plan bring back failure-related risks?
April 15, 2019 at 05:01PM The new head of the agency regulating Fannie Mae and Freddie Mac will be at the forefront of reforming the housing finance system. via American Banker: Feed http://bit.ly/2ZmxRqW Continue reading Mark Calabria sworn in as FHFA director
April 15, 2019 at 02:27AM A key question is whether the agency will restrict the ability of firms to track down delinquent borrowers with emails and text messages, which weren’t in use when current regulations were adopted. via American Banker: Feed http://bit.ly/2Zagppg Continue reading How far will CFPB go to modernize debt collection rules?
April 11, 2019 at 10:56PM Organizers of the Bank of St. George have filed an application with the FDIC and state regulators and plan a public stock offering. via American Banker: Feed http://bit.ly/2KuNsRS Continue reading De novo group aims to open first Utah bank in decade-plus
April 11, 2019 at 08:59PM The Trump administration directed independent agencies to submit their pending regulations for review by the Office of Information and Regulatory Affairs, a novel procedural hurdle that could slow down policy changes. via American Banker: Feed http://bit.ly/2P56QmQ Continue reading Regulators instructed to clear new rules with White House
April 11, 2019 at 07:06PM The former lawmaker joins the Swiss bank after years of pushing for bank deregulation as chairman of the House Financial Services Committee. via American Banker: Feed http://bit.ly/2D8MSTz Continue reading Hensarling to join UBS as executive vice chairman
April 09, 2019 at 09:15PM The Treasury secretary told the House Financial Services Committee that he has been in coordination with the U.S. bank regulators to soften the impact of the United Kingdom potentially failing to strike a deal on its exit from the European Union. via American Banker: Feed http://bit.ly/2WRprpo Continue reading U.S. banks are prepared for ‘hard Brexit’: Mnuchin
April 05, 2019 at 12:04PM In today’s connected world, businesses are prime targets for cyber attacks and unintentional missteps can result in critical exposure of consumers’ sensitive personal information. According to the 2018 Norton LifeLock Cyber Safety Insights Report, released today, from Norton LifeLock, a Symantec (NASDAQ: SYMC) company, based on an online survey conducted by The Harris Poll of over 1,000 adults, nearly three out of four Brits (74 percent) are more alarmed than ever about their privacy. However, the majority accept certain risks to their online privacy out of convenience (65 percent) and are willing to sell or give … Continue reading Control versus convenience: consumers weigh in on their own privacy in new Norton Lifelock cyber safety insights report
March 14, 2019 at 10:01AM TickSmith will power the new market data platform for institutional electronic marketplace for Canadian debt and derivatives trading CanDeal, reports David Penn at Finovate. CanDeal has consolidated OTC multi-asset class data The company will use the TickSmith Data Pooling Platform in order to support the launch of its DataVault Innovations Data-as-a-Service (DaaS) offering. DataVault Innovations aggregates over-the-counter (OTC) data on multiple Canadian assets classes from banks and other sources and distributes it to end users and third-party providers. The DaaS technology also provides pricing, risk, and analytics features to help market participants bolster internal risk … Continue reading TickSmith powers CanDeal’s DataVault Innovations