PYMNTS

JANUARY 24, 2020

With an array of bills brought forward by lawmakers during this legislative session, Washington state could become a leader in artificial intelligence regulation. Microsoft , as well as its president, has been asking regulators to make legislation on artificial intelligence (AI) for months. Washington Sen.

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Laws Regulations AI Privacy 91

PYMNTS

NOVEMBER 23, 2020

A recent report released by the United Nations found that 132 out of 194 countries have now introduced data protection regulations of some kind, all varying in terms of what type of information they protect and the severity of their restrictions. Meanwhile, other markets are continuing to adjust with their own data protection laws.

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Privacy Regulations Verification Laws 119

PYMNTS

APRIL 1, 2020

“This legislation represents a significant breakthrough – the first time a state or nation has passed a new law devoted exclusively to putting guardrails in place for the use of facial recognition technology,” Smith said in the post. In our view, this required a legal floor of responsibility, governed by the rule of law,” Smith said.

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Laws Law Enforcement Government Governance 121

Payments Source

SEPTEMBER 20, 2019

The subset of digital assets dubbed privacy coins, which have long delighted libertarians and frustrated law enforcement, are feeling the pinch of a step up in regulation.

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Privacy Law Enforcement Laws Regulations 106

Fi911

JANUARY 4, 2024

We will provide insight into how these regulations differ between card schemes, and help financial institutions to better understand the dispute process from all sides. What Laws Govern Chargebacks in the US? Certain regulations known as “chargeback rules” are, in fact, based on legal statutes.

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Disputes Laws Rules Government 104

Clearly Payments

OCTOBER 30, 2024

Overview of International Payment Processing At its core, international payment processing involves handling transactions across borders , where factors like currency conversion, payment method preferences, and local regulations come into play. Local tax laws : Some countries impose a VAT or other taxes on foreign merchants.

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International Payments Process Multi-Currency Cross-Border 105

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 Data Privacy Twist . The pandemic has refocused scrutiny on the open banking ecosystem’s privacy and security.

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Privacy Regulations Laws Rules 70

VISTA InfoSec

SEPTEMBER 30, 2024

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customers data, they can not only damage a companys reputation but can also lead to heavy fines if compromised. To overcome these challenges, data protection laws are established. What is a Data Protection Officer?

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CCPA Privacy Laws Data Breach 130

VISTA InfoSec

OCTOBER 21, 2024

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customer’s data, they can not only damage a company’s reputation but can also lead to heavy fines if compromised. To overcome these challenges, data protection laws are established. What is a Data Protection Officer?

CCPA 130

CCPA Privacy Laws Data Breach 130

The Fintech Times

SEPTEMBER 24, 2024

The further we’ve delved into the world of regulation and compliance, the clearer it has become that there are a whole host of challenges for financial institutions to contend with. When it comes to cybersecurity, the topic of data protection and privacy is arguably one of the most important.

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Privacy Compliance PCI DSS Rules 107

The Fintech Times

FEBRUARY 28, 2025

The use of AI in fintech has sparked concerns about data privacy and the misuse of sensitive financial information. It necessitates robust safeguards and adherence to data protection regulations. “Another big challenge is related to data security and privacy. “Keeping pace with evolving laws is another challenge.

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AI Regulations Best Practices Risk 97

The Payments Association

MAY 16, 2025

On top of that, businesses need to make sure their AI tools meet local regulations and privacy laws. We should also add that emerging risks include the growing wave of AI regulation pushing businesses to adapt quickly. While there are still challenges around integration and regulation, the potential is clear.

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AI Security Fraud Prevention Fraud Detection 88

PYMNTS

DECEMBER 16, 2020

It’s not clear how happy consumers in the United Kingdom will be over Facebook’s latest move, but privacy advocates are already up in arms. users into new agreements with its corporate headquarters in California, effectively circumventing the European Union’s strict privacy laws, according to an exclusive report by the Reuters news service.

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Privacy Agreements Legal Laws 85

The Payments Association

OCTOBER 30, 2024

Compliance in payment communications is essential for trust and security; AI-driven solutions and customised frameworks help businesses meet regional regulations, ensuring secure global operations. Ensuring that communications comply with global regulations is essential for protecting a business’s reputation and operations.

Regulations 100

Regulations Cross-Border Compliance Fraud Prevention 100

PYMNTS

MAY 1, 2020

Financial institutions (FIs) and regulators in Singapore, the E.U. have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. and the U.S. these programs appear to have remained the same in most markets.

Privacy 98

Privacy API Innovation Payment APIs and Integration 98

VISTA InfoSec

SEPTEMBER 27, 2024

A Data Protection Officer (DPO) can be called as an ally for organizations that deals with large amount of Privacy related data in its core operation. Ensuring adherence to data protection laws, internal policies, and overseeing responsibilities, training, and audits.

CCPA 130

CCPA Privacy Assessments Laws 130

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 statute was updated in 2014 to include Internet and Child Protection to protect kids from online exploitation, cyberbullying, and access to inappropriate content ( Law 12,965/2014 ).

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Verification Legal Framework Laws Regulations 111

The Payments Association

MARCH 19, 2025

Regulatory challenges Regulators are in a race against time. The rapid adoption of digital wallets has introduced a complex web of regulatory considerations, ranging from data privacy and cybersecurity to anti-money laundering (AML) compliance and cross-border transaction governance. The result?

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

PYMNTS

JANUARY 21, 2019

21) by a French regulator, in what the Wall Street Journal reported is the largest penalty under the new European General Data Protection Regulation (GDPR) privacy law. It’s also one of the highest-profile regulator actions coming from GDPR which went into effect last year. Alphabet Inc.’s

Regulations 76

Regulations Privacy Rules Laws 76

Segpay

OCTOBER 17, 2024

Age verification systems are essential tools for ensuring compliance with regulations designed to prevent minors from accessing inappropriate content or services. Age verification tools are developed to follow minimum age regulations to ensure that minors do not gain access to age-restricted content, services, or products.

Verification 111

Verification Privacy Laws Compliance 111

Fintech Finance

JULY 16, 2024

The Financial Stability Board (FSB) published today, for public consultation, its proposed recommendations to promote greater alignment in data frameworks related to cross-border payments and consistency in the regulation and supervision of bank and non-bank payment service providers.

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Cross-Border Payments Cross-Border Consulting Regulations 98

PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). Although the law has only been in effect since Jan.1, The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018. Except when it’s a lawsuit.

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CCPA Laws Privacy Data Breach 62

PYMNTS

AUGUST 14, 2020

The Privacy Collective , a London nonprofit whose mission is to protect privacy, has filed suit with the District Court of Amsterdam, accusing the software companies of breaching the European Union’s General Data Protection Regulation (GDPR) in their processing and sharing of people’s information by third-party tracking cookies.

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Privacy Breach Governance Government 78

Payments Source

SEPTEMBER 23, 2019

should pass a law with the teeth of GDPR or PSD2, says KnowBe4's Lecio De Paula Jr.

Privacy 107

Privacy Laws ISOs Compliance 107

VISTA InfoSec

MARCH 28, 2024

Companies that excel in data protection comply with stringent regulations and gain a competitive edge by building solid relationships with their customers. Hence, understanding GDPR compliance and other data protection laws is essential in keeping you abreast of regulatory trends.

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Data Breach Regulatory Compliance Breach Encryption 278

PYMNTS

NOVEMBER 9, 2020

Regulation. EU Gears Up To Propose New Big Tech Regulations. Australian Regulator Looks Into Merger Law Changes. million) penalty for not following a new social media law, Reuters reported, citing Omer Fatih Sayan, the deputy transport and infrastructure minister. Turkey Hits Big Tech Platforms With $1.18M Penalty.

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Regulations Privacy Compliance Laws 84

The Paypers

MAY 23, 2023

billion by regulators from the European Union for violating EU privacy laws by transferring personal data of Facebook users to servers in the US. Meta has been fined with EUR 1.2

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Privacy Laws Regulations 67

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. The GDPR has a considerable influence on data privacy globally, but what does it mean for the US? entities due to its extraterritorial reach.

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Compliance Privacy Legal Processors 130

Electronic Transactions Association

JANUARY 16, 2025

Given the rapid change in the payments landscape, it is imperative that the US regulatory framework is structured in a way that encourages these innovative partnership so long as they are structured in a way that promotes safety and soundness and are consistent with the concept of same risk-same regulation.

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CFPB Privacy BNPL Financial Inclusion 45

PYMNTS

NOVEMBER 16, 2020

A privacy advocate in Europe has filed complaints against Apple charging that its advertising tracking tools store user data without consent, according to a CNBC report on Monday (Nov. The group, Noyb, which is led by Austrian privacy activist Max Schrems, filed official complaints with data protection authorities in German and Spanish.

Privacy 61

Privacy Legal Disputes Laws 61

Clearly Payments

NOVEMBER 13, 2024

Merchants in high-risk categories, such as online gaming, travel, and adult services, benefit from BIN data as it helps processors manage risk levels and ensure compliance with industry regulations. Payment processors must meet both local regulations and the specific compliance requirements of each card network and their sponsoring bank.

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Process Processors Payments Compliance 104

VISTA InfoSec

SEPTEMBER 28, 2023

This new law, approved by the president on August 11, 2023, dictates how organizations handle personal data. Until then, businesses should adhere to existing Indian privacy laws, primarily the Sensitive Personal Data or Information Rules (SPDI) 2011. The Digital Personal Data Protection Act (DPDP) has been passed in India.

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Privacy Audit Data Breach Breach 130

The Fintech Times

FEBRUARY 17, 2025

But as AI takes on more responsibility, it raises big questions around ethics, regulation, and accountability. From the EUs tightening AI laws to the USs innovation-friendly approach, we examine how different regions are adapting. This is not just about compliance – it’s about building trust.

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FinTech Romance Scams Scams AI 59

PYMNTS

MARCH 31, 2020

Devising open banking laws that adequately respond to shifting privacy needs and satisfy both businesses and consumers is difficult. 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.

Regulations 61

Regulations CCPA Consumer Privacy 61

The Payments Association

MAY 16, 2025

Merchant-facing regulation: What merchants need to know in 2025 15 May 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? Each section includes an overview of the regulation, the legal and operational risks involved, and the practical actions required to support readiness and ongoing compliance.

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Regulations ISO 20022 Cross-Border Legal 88

PYMNTS

MARCH 22, 2019

With increased adoption, though, comes a need for improved regulations, and both the European Telecommunications Standards Institute (ETSI) and U.S. Congress have released rules to help regulate IoT data security.

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Regulations Cybersecurity Use Case Security 75

PYMNTS

DECEMBER 23, 2019

The same framework should be in place to improve technology used by regulators in efforts to strengthen supervision throughout the industry, the think tank also says. The risk and safety lines with AI in China in the finance sector appear to be blurring.

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Regulations AI Finance P2P 81