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How to Secure API Integrations in Fintech Platforms

Fintech Weekly

The FTC requires financial institutions to encrypt user data but doesn’t specify which cryptography standards to use. Even trustworthy, verified assets or accounts can pose risks through errors or takeover, but removing sensitive details from data can make these hazards less impactful. Encryption is the first step.

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Visa, Mastercard vie for Treasury role

Payments Dive

Most Popular Trump imposes new remittance tax Processors lean on AI to fight fraud Warren demands Zelle scam update Visa, Mastercard vie for Treasury role Library resources Playbook From a Transactional Tactic to a Transformational Strategy Custom content for Wind River Payments Playbook The Retailer’s 4-Step Guide to Better Payment Experiences Custom (..)

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FTC, Lawmakers Turn Sour On M&A; Could Innovation Suffer?

PYMNTS

corporates, including tech (and beyond Big Tech), Joe Simons , chair of the Federal Trade Commission (FTC), indicated that roadblocks could be set up to stop some of the traditional means of growth and innovation. M&A DOA? In a signal of what might be on the horizon for U.S. An overwhelming number passed muster.

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MoneyGram To Settle With FTC For $125M

PYMNTS

The Federal Trade Commission (FTC) said on Thursday (Nov. According to the FTC , the company violated the settlement struck in 2012 that stemmed from charges that the company had aided and abetted wire fraud. MoneyGram said the fraud that winnowed its way through its agent network was due to “external circumstances,” reported the FT.

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FTC Probing Visa, Mastercard About Debit Card Practices

PYMNTS

The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg. antitrust regulators are investigating Visa and Mastercard about their debit card policies, Bloomberg reported on Thursday (Nov.

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FTC Lawsuit Prompts RentPath To End Acquisition By CoStar

PYMNTS

RentPath won't be acquired by CoStar Group , choosing to terminate the agreement, a press release stated, after the Federal Trade Commission (FTC) decided to sue to block the deal. FTC Chair Joe Simons warned earlier this year that antitrust enforcers should watch out for larger companies buying competitive startups, PYMNTS reported.

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Lawmakers Want FTC To Investigate H&R Block, TurboTax

PYMNTS

H&R Block and Intuit , the maker of TurboTax software, are facing calls from lawmakers for the Internal Revenue Service to cancel agreements with the companies and launch an investigation into their business practices. Those reports prompted lawmakers to call on the IRS and the FTC to investigate the companies.

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