Fintech Review

APRIL 11, 2025

The real explosion, however, began after the 2008 global financial crisis. As fintech platforms handle sensitive data and money, regulators must ensure transparency, fairness, and data security. As financial services shift online, platforms become targets for hackers, phishing attacks, and data breaches.

FinTech

PYMNTS

DECEMBER 11, 2017

But that could change if the Senate can pass the Data Security and Breach Notification Act , which would require companies to report data breaches within 30 days. If an individual knowingly conceals a data breach, he or she could face up to five years in prison.

Bitcoin

PYMNTS

JULY 10, 2018

However, regulators’ recent crackdown is only the latest in a long period of government pressure on the industry, which many jurisdictions around the world have felt since the 2008 global financial crisis. than they are elsewhere: In the U.K., ’s Open Banking rules at play.

FinTech

PYMNTS

APRIL 25, 2018

Ten years ago, in 2008, TGI Fridays blazed a rewards and loyalty trail that countless restaurants have followed since. This month, the chain announced it will be taking that customer experience to the next level through a partnership with customer data and engagement platform SessionM. Loyalty Goes Both Ways.

Database

Clearly Payments

FEBRUARY 8, 2024

Consumer Financial Protection Bureau (CFPB): Established in response to the 2008 financial crisis, the CFPB is tasked with protecting consumers in the financial marketplace. These rules cover various aspects such as interchange fees, transaction routing, card acceptance requirements, and data security standards.

Regulations

CB Insights

JUNE 6, 2019

But what Solyndra’s investors and the government didn’t see — or didn’t understand the importance of — was that the price of polysilicon was on the decline as early as 2008. However, the company’s upward trajectory was abruptly halted in 2011, when Altrec suffered two major data security breaches.

Breach

The Payments Association

FEBRUARY 17, 2025

Without diving into the specifics of each, financial institutions should focus on five key regulatory priorities: Customer consent: customers must give explicit and informed consent before sharing data. Liability: businesses should establish clear liability frameworks for data breaches and other incidents.

Finance