Cooperation in an environment that is rapidly advancing on many technological fronts was the theme when FinCEN Director Kenneth A. Blanco took to the stage at the 12th Annual Las Vegas Anti-Money Laundering Conference yesterday (August 13). Get the Full Story Complete the form to...
The chief of the U.S. Federal Trade Commission (FTC) said he’d he’d be willing to break up tech companies if necessary, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Financial Conduct Authority said Tuesday (Aug. 13) that it has agreed to a phased implementation of the Strong Customer Authentication (SCA) rules slated to start taking effect beginning next month. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The commerce regulator in Colombia said it will fine Uber over $629,000 because the ride-hailing firm obstructed a regulatory visit two years ago, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The European Union’s Facebook investigations under the bloc’s new privacy laws could wrap up by the end of this year, The Wall Street Journal reported on Monday (Aug. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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...
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...
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,...
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...
