VISTA InfoSec

MARCH 28, 2024

Data Minimization Data minimization means collecting only the information you absolutely need to serve your customers or comply with legal requirements. For example, if you’re only shipping products, you might not need to collect customers’ birthdates unless it’s relevant for legal age verification.

Data Breach 278

Data Breach Regulatory Compliance Breach Encryption 278

VISTA InfoSec

SEPTEMBER 30, 2024

To overcome these challenges, data protection laws are established. Data protection laws safeguard personal information and establish important guidelines on collection, storage, processing, sharing and disposal of personal data. and PDPA in Singapore that reflects the growing need for privacy specialists in organizations.

CCPA 130

CCPA Privacy Laws Data Breach 130

VISTA InfoSec

OCTOBER 21, 2024

To overcome these challenges, data protection laws are established. Data protection laws safeguard personal information and establish important guidelines on collection, storage, processing, sharing and disposal of personal data. and PDPA in Singapore that reflects the growing need for privacy specialists in organizations.

CCPA 130

CCPA Privacy Laws Data Breach 130

The Payments Association

JANUARY 13, 2025

The Financial Conduct Authority (FCA) recently outlined significant changes to the safeguarding regime for payments and e-money firms in its consultation paper CP24/20. However, this introduces new complexities, including increased legal obligations and potential delays in fund distribution. What’s next?

Compliance 88

Compliance Audit Legal Reconciliation 88

Fintech News

MARCH 19, 2025

The Competition and Consumer Commission of Singapore (CCCS) acknowledged media reports on the possible deal and advised the companies to seek legal counsel to ensure compliance with Singapore’s competition laws. The regulator remains open to discussions through its merger notification and pre-notification processes.

Regulations 77

Regulations Due Diligence Caps Mitigation 77

VISTA InfoSec

JULY 17, 2024

Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. Each of these sets its own rules on handling personal information safely and legally. You need to know these laws well because they affect how you manage cybersecurity when dealing with multiple languages.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

VISTA InfoSec

FEBRUARY 25, 2024

A data breach occurs when cybercriminals infiltrate your systems and access sensitive information without authorization. You may face legal/regulatory penalties for violating disclosure laws. Minimize Access Only authorize essential system/data access for users per role responsibilities. What Is A Data Breach?

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

The Payments Association

FEBRUARY 10, 2025

This legislation represents a significant shift in corporate accountability, aiming to strengthen the UKs legal framework against financial crime. Voices from the industry Businesses subject to the Failure to Prevent Fraud offence must understand their legal obligations under the new law.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

PYMNTS

AUGUST 24, 2020

Public drinking has been historically frowned upon from a legal perspective in America. For example, The Associated Press recently reported that 33 states and the District of Columbia have temporarily lifted laws that prevented restaurants and bars from selling cocktails to go.

Laws 79

Laws Rules Legal Origination 79

The Fintech Times

FEBRUARY 19, 2025

At the end of 2024, the Dubai Financial Services Authority (DFSA), the independent regulator for business undertaken from or within the Centre, regulated or supervised over 900 entities. The first Dubai AI and Web3 Festival also took place in October and attracted 6,800 delegates.

AI 75

AI FinTech Laws Authorization 75

VISTA InfoSec

SEPTEMBER 27, 2024

They are appointed based on article 37 of GDPR , and help organizations stay compliant with data protection laws by overseeing data security policies, monitoring internal compliance, and providing expert advice for staffs managing the potential data privacy risks. Working closely with the supervisory authority on processing-related matters.

CCPA 130

CCPA Privacy Assessments Laws 130

VISTA InfoSec

AUGUST 22, 2023

In 2019, a Swedish local authority was fined over $20,000 for using facial recognition software to monitor high school students’ attendance. Use beyond the original purposes requires explicit consent or legal justification. Nevertheless, specific exceptions detailed in Article 9 (2) provide flexibility to this prohibition.

Privacy 130

Privacy Legal Compliance Best Practices 130

PYMNTS

OCTOBER 17, 2016

It’s one thing if there’s a warrant, it’s another if authorities also have the paperwork to use biometric information to unlock smartphones. And, it’s something that has never happened before, and legal defense experts are already sounding off. That’s what happened in Lancaster, California, in May of this year. Signed by U.S.

Authorization 72

Authorization Law Enforcement Encryption Government 72

The Fintech Times

JANUARY 29, 2025

Moreover, the Qatar Investment Authority (QIA) , the countrys sovereign wealth fund, has shown interest in fintech opportunities globally, along with ventures in venture capital and sustainability. Among the notable fintech companies emerging from Qatar are CWallet , Loopay as well as Tiptiptop.

FinTech 59

FinTech Central Bank Authorization Legal 59

Fintech News

MARCH 31, 2024

The Monetary Authority of Singapore (MAS) has officially rolled out the COSMIC platform , a digital initiative aimed at bolstering the defense against money laundering, terrorism financing, and the proliferation of weapons of mass destruction.

Financial Crimes 113

Financial Crimes Crime Money Laundering Law Enforcement 113

Segpay

SEPTEMBER 30, 2024

This blog explores child protection laws across key Latin American countries, highlighting their different approaches and the evolving regulatory frameworks. The Brazilian Child and Adolescent Statute (ECA) provides a broad legal framework to protect minors. Regulatory Summary: ECA (Law No. Regulatory Summary: ECA (Law No.

Verification 111

Verification Legal Framework Laws Regulations 111

PYMNTS

JUNE 21, 2019

People can say what they will about the wisdom of legal retail sales of marijuana (we here at PYMNTS take no position), but the payments knot that the cash-dominated industry is dealing with is leading to some improvisation, and even government-backed experimentation. The news is a bit vague so far, but certainly significant. population.

Legal 54

Legal Laws Payments Venmo 54

Fintech News

JUNE 23, 2024

While DPT activities in Singapore constitute a small portion of global activities, authorities have noted a rise in reported cases and various ways these tokens can be exploited. Consequently, Singapore is closely monitoring the sector. Other high-risk sectors include real estate, licensed trust companies, casinos, and precious metals.

Money Laundering 109

Money Laundering Risk Law Enforcement Crime 109

Fintech News

FEBRUARY 25, 2024

A major investigation is underway in Singapore involving the police and the Monetary Authority of Singapore (MAS) against two key figures of Samlit Moneychanger, a licensed payment services provider. Violations of these laws carry severe penalties, including fines and imprisonment.

Authorization 109

Authorization Laws Business Day Compliance 109

PYMNTS

NOVEMBER 16, 2020

The group, Noyb, which is led by Austrian privacy activist Max Schrems, filed official complaints with data protection authorities in German and Spanish. They allege that Apple stores tracked user data without getting consent, which is a violation of Europe’s privacy law, the General Data Protection Regulation (GDPR).

Privacy 61

Privacy Legal Disputes Laws 61

Fintech Review

SEPTEMBER 17, 2024

Operating without central authority, DAOs promote decentralised decision-making, with the promise of democratising governance across various sectors. Fintech Review looks into their function, their role in fostering innovation, and the significant challenges they face, particularly in terms of legal recognition, security, and scalability.

Governance 105

Governance Government Innovation Legal 105

Nanonets

MAY 10, 2023

From court documents being moved to digital formats to the advent of AI in legal research, a lot has changed. What does it mean for legal professionals? And how can you use AI to make legal work more efficient? Court dates, client meetings, legal research, paperwork – the list goes on for legal professionals.

Legal 52

Legal Laws Procedures AI 52

VISTA InfoSec

JUNE 21, 2023

However, due to the nature of cybercriminal activity, it is crucial to react quickly and correctly to contain the incident, minimize any further damages, and protect your business from legal troubles. Be sure to familiarize yourself with state laws, which your legal counsel will be able to help with. Secret Service offices.

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

PYMNTS

JANUARY 23, 2019

3 Super Bowl approaches — heaven for football fans and gamblers, including bettors who make wagers via online channels — federal authorities have brought a new level of uncertainty into the prospect of those legal bets. Now, at least eight states have some form of legal online sports betting, with more states moving toward that goal.

Legal 57

Legal Wires Wire Rules 57

Fintech News

FEBRUARY 25, 2024

This recommendation comes after a thorough evaluation of Zipmex’s operations, highlighting concerns regarding the company’s compliance with legal financial standards and the sufficiency of its management structure. The SEC Board, invoking its authority under the Emergency Decree on Digital Asset Businesses B.E.

Legal 120

Legal Returns On-Demand Laws 120

VISTA InfoSec

SEPTEMBER 14, 2023

We will examine the effects of GDPR in the US and how businesses can adhere to this European privacy law. It’s important to note that the law extends to any EU resident, irrespective of citizenship. EU citizens in the US are protected by US federal and state laws like CalOPPA, COPPA, CCPA, and CDPA. GDPR and U.S.

Compliance 130

Compliance Privacy Legal Processors 130

Fintech News

FEBRUARY 21, 2024

The Indonesian Financial Services Authority (OJK) is closely monitoring Investree , a fintech peer-to-peer lending platform, following public reports of potential operational and consumer protection violations. If violations are proven, the OJK said that it will take necessary actions, potentially collaborating with law enforcement officials.

Law Enforcement 120

Law Enforcement Audit Authorization Consumer Protection 120

PYMNTS

JANUARY 29, 2020

s Competition and Markets Authority (CMA), which said the site was misleading consumers, according to a report by the Financial Times. The site is potentially facing legal action, and the regulator is already investigating eBay’s proposed sale of StubHub to its rival in the country, Viagogo. In the U.K.,

Authorization 52

Authorization Legal Laws Regulations 52

PYMNTS

JULY 9, 2020

Authorities in China have confiscated bitcoin, ether and tether worth more than $15 million and luxury cars from those who allegedly ran a purported cryptocurrency scheme, CoinDesk reported. The victim reportedly told authorities, “Simply put, you send one unit of ETH to a designated address, you will receive 60 HT.

Law Enforcement 64

Law Enforcement Laws Addressing Stablecoins 64

PYMNTS

MARCH 25, 2020

And where business relationships, based on contracts, are concerned, legal (and financial) liabilities tied to disruption, to cancellations, to a grinding halt of everyday life are perhaps murky at this point. And what about the contracts themselves? Various studies have looked at the mounting toll of the health crisis. On The Other Side.

Legal 65

Legal Laws Disputes Authorization 65

PYMNTS

MARCH 20, 2020

Just weeks ago there was talk that Chinese-made drones were a threat to American security, but authorities are increasingly looking to them as alternatives to human contact as the coronavirus crisis continues. It seems a little Orwellian but this could save lives.”.

Law Enforcement 126

Law Enforcement Use Case Legal Laws 126

The Payments Association

OCTOBER 23, 2024

On 25 September 2024, the UK Financial Conduct Authority (FCA) published its long-awaited Consultation Paper (CP24/20) setting out proposed changes to the safeguarding rules applicable to electronic money institutions (EMIs) and payment institutions (PIs) (together, payments firms). What does this mean for Payments firms?

Rules 88

Rules Payments Institute Authorization Reconciliation 88

PYMNTS

JANUARY 10, 2019

According to German law, a transaction must provide info on price and characteristics or delivery details. Daniel Widmann, a technology law expert at Pinsent Masons, said in 2016 that this could cause trouble for the company. There are further special obligations regarding consumers in electronic commerce,” he said.

Laws 57

Laws Consumer Consumer Protection Rules 57

Neopay

APRIL 22, 2024

The UK’s company law landscape underwent significant changes with the enactment of the Economic Crime and Corporate Transparency Act, effective from 4th March 2024. The post Changes to UK company law appeared first on Neopay. Here is a summary of what you need to know about the new measures.

Laws 52

Laws Crime Due Diligence Law Enforcement 52

Fintech News

MARCH 31, 2024

The Indonesian Financial Services Authority (OJK) has issued a new mandate requiring all financial institutions introducing new products and services, including those related to crypto assets, to participate in a regulatory sandbox. Those failing to comply will be deemed unlicensed or illegal.

Consumer Protection 113

Consumer Protection Risk Management Regulations Legal 113

PYMNTS

APRIL 6, 2020

The law firm noted that the bank updated its policy on April 4 by letting depository-only customers apply for PPP loans after the filing of a class action compliant.

Payroll 95

Payroll Small Business Legal Laws 95

Trade Credit & Liquidity Management

JUNE 11, 2025

Attorney Shane Heskin of White and Williams LLP, a leading legal authority on MCA-related litigation, notes that while reconciliation provisions are meant to offer protection, invoking them can come at a cost. Too often, MCA funders leverage opacity and delay, exploiting merchants’ lack of legal sophistication.

Reconciliation 52

Reconciliation UCC Legal Adjustments 52