Regulation

Regulation
How SCA Exemptions Are Affecting European eTailers
August 12, 2019

SCA requirements take effect on Sept. 14, meaning banks, issuers and merchants have just over a month to become compliant. Noncompliance could have a serious impact on merchants’ conversion rates, as transactions that cannot be properly authenticated could stall or get declined and frustrate both...

Regulation
White House Calls For FCC To Regulate Social Media Content
August 09, 2019

The White House has drafted an executive order that would put the Federal Communications Commission (FCC) in charge of what large tech companies choose to put on their websites, according to a report by CNN. Get the Full Story Complete the form to unlock this...

Regulation
EuroCommerce On Why Merchant, Consumer Awareness Is Critical To SCA
August 09, 2019

Twenty-five percent of EU merchants are unaware of PSD2’s SCA requirement — and even more are unprepared. And come Sept. 14, exemptions and extensions aside, that could cost them big. More than a third or more of their payments could fail for lack of compliance,...

Regulation
Ready Or Not, Strong Customer Authentication Is Coming
August 09, 2019

As September approaches, the deadline for EU merchants to implement Strong Customer Authentication (SCA) is looming. But according to the PSD2 Tracker, as many as 60 percent of these merchants aren’t ready. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
FBI Wants More Access To Facebook Data To Monitor Threats
August 08, 2019

The Federal Bureau of Investigation wants to be able to have more access to social media to monitor potential threats, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
As SCA Deadline Looms, Merchants Scramble
August 08, 2019

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Regulation
UK Watchdog Joins Chorus Of Regulators Asking For More Libra Info
August 05, 2019

The Information Commissioner’s Office (ICO) in the U.K. said it sent out a statement to Facebook and 28 other outfits asking for more information about the Libra project, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...

Regulation
Antitrust Concerns, Cryptos In Sharp Regulatory Focus  
August 05, 2019

There has been no summer slowdown for regulatory overtures toward technology firms, spanning social media, antitrust concerns and the cryptocurrency arenas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Australia’s Big Banks Defend Spending Millions On Outside Auditors
August 05, 2019

Australia’s four biggest banks, along with large accounting firms, have joined forces to defend the use of independent audit firms as consultants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...