Finovate

JUNE 13, 2025

The service uses advanced security technology—including the Visa Token Service—to keep transaction data secure and is designed to meet EMVCo standards for digital checkout. Lithuania’s largest credit union, Lietuvos centrinė kredito unija (LCKU), inked a long-term agreement with regtech AMLYZE.

Online and Mobile Banking

The Payments Association

MARCH 18, 2025

Unlike open finance, which typically operates within regulated frameworks, open data relies heavily on voluntary data sharing and commercial agreements. This raises profound questions around privacy, consent, data security, and liability.

Finance

EBizCharge

DECEMBER 18, 2024

Futures trading clearinghouses Clearinghouses for futures trading specialize in managing the settlement of futures contracts, which are agreements to buy or sell an asset at a predetermined price on a future date. These institutions ensure the timely transfer of funds, reducing errors and enhancing efficiency.

Facilitators

EBizCharge

JANUARY 16, 2025

Tax reporting and compliance: MCCs aid in tax reporting and compliance with regulatory bodies like Payment Card Industry Data Security Standards (PCI DSS) and Anti-Money Laundering (AML). Check your merchant agreement: Your merchant agreement contains detailed information about your payment processing arrangement, including the MCC.

Credit Cards

The Fintech Times

JANUARY 31, 2025

Earlier this year, the City of London Corporation signed a partnership agreement with the Scottish Government committing to prioritising actions that support those who find it difficult to access fair or affordable financial services, such as free banking and affordable credit. .

FinTech

EBizCharge

APRIL 22, 2025

PCI compliance and security Integrated payment gateways typically come with built-in security features such as full compliance with Payment Card Industry Data Security Standards (PCI DSS) , tokenization, and encrypted data transmission.

Payment APIs and Integration

Stax

FEBRUARY 19, 2025

Defined Service Level Agreements (SLAs): Look for guaranteed response times to prevent extended downtimes. Look for options that allow for periodic assessments, opt-out clauses, or short-term agreements that enable you to change providers if necessary. 24/7 Support: Ensure the provider offers round-the-clock customer assistance.

Payments

Finovate

JANUARY 24, 2025

For some added context, the EUs General Data Protection Regulation (GDPR) emphasizes protecting personally identifiable information (PIII) through consent and data security, whereas DORA shifts the focus to the digital supply chains of financial institutions. Revolut applied for a banking license in Colombia.

Regulations

Nanonets

NOVEMBER 18, 2024

” and Textract retrieves the relevant data. Signature detection : Identifies and extracts signatures within scanned documents, ideal for industries requiring signed agreements or approvals. Compliance and security: Built with regulatory requirements in mind, ensuring data security and accuracy for sensitive financial workflows.

Automation

Finextra

JULY 7, 2025

This article delves into the multifaceted reasons behind this phenomenon, exploring why organizations are choosing to keep their AI contained within the familiar confines of their data silos. The Security Fortress: Protecting Data in a Vulnerable World At the heart of this reluctance lies a deep-seated concern for data security and privacy.

AI

The Fintech Times

DECEMBER 17, 2023

TD Bank Group (TD) and Plaid have inked a North American data-access agreement aimed at enhancing financial data connectivity for TD customers in Canada and the US. This partnership empowers TD customers to securely link and share their financial data with Plaid’s data network, comprising over 8,000 apps and services.

Agreements

PYMNTS

MARCH 23, 2016

Since both organizations share the same goal of having a single, globally unified data security standard, the ECPA will officially become a strategic regional member of the PCI Council. It will be a significant force in our mission to educate, empower and protect against data theft around the world.”.

Data Security

PYMNTS

MARCH 17, 2016

” Also commenting in the press release was Matthew Bryars, founder and CEO of Aeriandi, who remarked: “Sage Pay and Aeriandi have enjoyed a successful working relationship for some time, so we’re pleased to be extending it with this new partner agreement. ”

PCI DSS

Electronic Payments Coalition

MARCH 26, 2024

EPC STATEMENT: WASHINGTON – Electronic Payments Coalition (EPC) Executive Chairman Richard Hunt issued the following statement regarding the impact the interchange lawsuit agreement between U.S. Congress should put an end to the ill-advised Durbin-Marshall mandates and let the agreement merchants reached stand on its own.”

Agreements

Fintech Finance

OCTOBER 16, 2024

This collaboration brings together Macro Global’s expertise in cross-border payments technology with Trust Payments’ cutting-edge acquiring solution and the TRU Connect Payment Gateway , delivering a superior customer experience by providing timely and accurate card-based money transfers with robust data security at its core. “We

Cross-Border Payments

Payments Source

SEPTEMBER 24, 2019

The bank has developed APIs to feed customer data directly to seven fintechs and data aggregators, including MX and Finicity.

Agreements

The Paypers

DECEMBER 8, 2016

(The Paypers) SecurityMetrics has announced an agreement with North American Bancard (NAB) to help its merchants in boosting data security and report PCI compliance.

Data Security

PYMNTS

NOVEMBER 15, 2019

Known officially as the Model Data Access Agreement, Fortney said this sets forth a common foundation of generally accepted contractual terms as a starting point for these bilateral data agreements. The use of the agreement is voluntary, and parties can negotiate elements independently as they deem appropriate.

TCH

PYMNTS

MARCH 2, 2020

Legislative actions on behalf of individual states have shown that there is not an agreement on the best way to approach digital privacy laws, said Eric Goldman, co-director of the High Tech Law Institute at Santa Clara University. On March 21, retailers doing business in New York State will be faced with a new law regarding data security.

Privacy

VISTA InfoSec

SEPTEMBER 14, 2023

It must also be demonstrable to data subjects and regulatory authorities. Use Third-Party Data Processing Agreements To comply with GDPR regulations, it is essential to use compliant Data Processing Agreements (DPAs) when dealing with third-party entities that have access to or process user data.

Compliance

Payments Source

JULY 19, 2019

The agreement with authorities including the Federal Trade Commission and state attorneys general — and possibly the Consumer Financial Protection Bureau — may be announced as soon as Monday.

Federal Trade Commission

The Finance Weekly

SEPTEMBER 23, 2021

Businesses find it easier to establish agreements because of their transparency and convenience. Furthermore, blockchain offers efficient data management options. The urge to strengthen security processes and , implement cybersecurity measures is increasing as a result of these inherent hazards.

Risk Assessment

PYMNTS

JULY 2, 2020

“At the same time, we can make sure that we give customers complete transparency and visibility into which third parties are connected to their data and the tools to revoke that access at any time.”. Data security goes hand in hand with transparency as well.

B2B

PYMNTS

JULY 31, 2019

Together, the firms are developing a platform to enable faster, more secure cross-border corporate payments that would allow companies to more seamlessly move funds to beneficiaries and banks to directly share payment data with each other without the need for intermediaries.

Blockchain

PYMNTS

DECEMBER 23, 2020

A sharply-worded letter posted on the agency's website late Tuesday announcing the issuance of a new business “advisory” states in part: “The (People's Republic of China) presents a grave threat to the data security of the U.S. We urge businesses to exercise caution before entering into any agreement with a PRC-linked firm.”.

Governance

PYMNTS

APRIL 7, 2017

Finicity , a company built for financial data aggregation, is jumping into the conversation. Earlier this week the firm announced that Wells Fargo has struck a data sharing agreement and will facilitate the sharing of data with Finicity for the apps and other financial tools deploying Finicity’s services.

Consumer Financial Protection Bureau (CFPB)

International Payments Processing

JANUARY 7, 2022

When selecting your new payment processing service, be sure to ask questions so you understand key details, such as what kinds of products and services will be available to you, what kind of fraud protection is in place, what data security tools are at your disposal, and what the contract agreement structure looks like.

Risk

International Payments Processing

JANUARY 7, 2022

When selecting your new payment processing service, be sure to ask questions so you understand key details, such as what kinds of products and services will be available to you, what kind of fraud protection is in place, what data security tools are at your disposal, and what the contract agreement structure looks like.

Risk

PYMNTS

JANUARY 9, 2019

In addition to paying the $1.5 million settlement, the department store operator has agreed to take steps to prevent another breach from happening in the future.

Breach

Stax

FEBRUARY 26, 2024

The recurring payment process involves a series of well-coordinated steps, starting with customer authorization and agreement setup. These platforms facilitate secure transactions, encrypt sensitive data, and ensure the seamless flow of funds between customers and businesses. How Do Recurring Payments Work?

Best Practices

The Paypers

FEBRUARY 12, 2024

AI-enabled data security and management company Cohesity and Veritas have announced an agreement to combine the former with the latter’s data protection business.

Agreements

PYMNTS

JANUARY 23, 2019

This means, when a wholesaler sells to a clinic, it must honor the $80 contractual agreement — then retroactively ask for $20 back from the manufacturer that had sold at WAC. However, data security is essential to any organization. In this example, a GPO may negotiate the cost of that drug down to $80.

B2B

PYMNTS

JUNE 24, 2020

Vosburg said security of that consumer data has been top of mind — and for Mastercard, one particular spur to buy Finicity rests with the fact that access comes through Finicity’s negotiated agreements and API connections with banks. Moving Toward Standards.

Visa

PYMNTS

OCTOBER 5, 2016

Experts are already sounding off on the assertiveness of Branson’s announcement, with some saying they’re only partially in agreement. But that’s also true for absolutely any other form of technology,” said Luther Martin, distinguished technologist at HPE Security – Data Security.

Blockchain

PYMNTS

AUGUST 28, 2019

The same study, though, found that loyalty and rewards were only the seventh-most important priority among CUs, which are instead focusing on open banking options that offer anti-money laundering (AML), data security and instant payment technology. percent) cited data security and 60.8 A majority (62.7

Credit Union

PYMNTS

FEBRUARY 20, 2020

will no longer have access to European Union data security, instead being moved by the tech giant to American jurisdiction, according to officials, according to Reuters on Wednesday (Feb. to sign new terms of service agreements, people familiar with the matter told Reuters. may also end up negotiating a broader trade agreement.

Privacy

PYMNTS

NOVEMBER 23, 2020

He said allowing consumer consent to effectively control data access is the right approach to data security. He said the collaborative approach across a wide spectrum of users means that data providers are “willing and complicit, and in agreement on what data is being shared.” bank accounts.

Consumer