PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018.

CCPA 62

CCPA Laws Privacy Data Breach 62

VISTA InfoSec

JUNE 3, 2024

If your company has ever worked with businesses in European Union countries, you probably had to follow the EU’s General Data Protection Regulation (GDPR). This rule, which started on May 25, 2018, gives customers more control over their data and makes data collection and use more transparent.

MFA 130

MFA Credential PCI DSS Compliance 130

PYMNTS

MARCH 31, 2020

The necessity of such regulations is undeniable, however, as lagging data standards leave businesses and consumers open to fraud and boost frustration regarding the speed of digital transactions. businesses experienced at least one data breach that compromised a minimum of 1,000 records in 2019. Defragmenting the U.S.

Regulations 61

Regulations CCPA Consumer Privacy 61

PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018.

CCPA 52

CCPA Laws Privacy Data Breach 52

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic is dramatically altering how merchants can transact, which data they can store and where they can store it, however.

Privacy 70

Privacy Regulations Laws Rules 70

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Considering t he global nature of COVID-19, regulators outside of the U.S. Security .

Privacy 79

Privacy CCPA Rules Breach 79

Segpay

NOVEMBER 26, 2024

Compliance with Regulations : Many industries, especially financial services, are subject to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which mandate the verification of customers’ identity to prevent illegal activities like money laundering, terrorism financing, and tax evasion.

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

PYMNTS

FEBRUARY 28, 2020

Failing to prevent a data breach is a surefire way to lose that trust, however. Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. Data Breaches Within And Without. Credit unions are no strangers to data breaches.

Credit Union 52

Credit Union CCPA Data Breach NCUA 52

VISTA InfoSec

SEPTEMBER 14, 2023

If your business engages with these customers, it is subject to the EU’s General Data Protection Regulation (GDPR). This extensive data privacy regulation has an impact on many U.S. Yes, companies in the US, as well as US companies inside of the EU, are bound by the GDPR’s regulations. GDPR and U.S.

Compliance 130

Compliance Privacy Legal Processors 130

PYMNTS

NOVEMBER 5, 2019

Two Democrats have introduced a new bill that would create a federal agency tasked solely with regulating the tech industry. Anna Eshoo and Zoe Lofgren, both of California, would lead to the creation of the Digital Privacy Agency (DPA), a federal agency that would issue regulations and enforce imposed privacy rules.

Regulations 40

Regulations Privacy CCPA Legal Framework 40

PYMNTS

JULY 15, 2020

That’s bureaucratic code for “Regulators will be checking on ‘Know Your Patient’ (KYP) compliance in the near future.” Medical data theft is perhaps the ugliest kind. Medical records command a high value on the dark web and can be listed for 10 times more than the average credit card data breach record. They should.

Data Breach 58

Data Breach CCPA Breach Social Security 58

PYMNTS

OCTOBER 24, 2018

When it comes to data privacy, it’s not all about General Data Protection Regulation (GDPR), and it’s not all about Europe. and in the wake of GDPR, which of course took effect in May, there exists the California Consumer Privacy Act of 2018, known colloquially as CCPA. Here in the U.S.,

Privacy 49

Privacy Laws CCPA Data Breach 49

Segpay

JANUARY 30, 2025

Payment processors, PSPs, acquiring banks and payment gateways operate under strict regulations. High-Risk Classification: A Core Concern Regulators and card schemes classify businesses based on perceived risk, assessing the likelihood of chargebacks, fraud, and other liabilities.

Merchant Payment Processing 52

Merchant Payment Processing Processors AI Process 52

Segpay

MARCH 20, 2024

By analyzing patterns in transaction data, generative AI algorithms identify anomalies and suspicious behavior in real time, flagging potentially fraudulent transactions for further investigation.

AI 111

AI Privacy Non-Bank Fraud Detection 111

PYMNTS

OCTOBER 21, 2019

We’ve watched the payments industry address changes in customer behavior, shifts in compliance rules (GDPR, UBO, CCPA, EMV), the introduction of cryptocurrencies and the race to move money faster. Financial services players succumb to that temptation less often because they are (rightly so) highly regulated from the get-go, he explained.

Innovation 52

Innovation Online and Mobile Banking Payments Mobile Payments 52

Segpay

DECEMBER 19, 2024

IDaaS solutions have become essential in helping organizations meet the demands of modern digital identity management while ensuring compliance with security regulations and reducing operational complexity. For example, GDPR requires that data on European citizens stay within the European Economic Area (EEA).

Verification 104

Verification Authentication MFA Compliance 104