Risk & Compliance RSS

Risk & Compliance -

The Strawhecker Group (TSG), in coordination with the Electronic Transactions Association (ETA) for the benefit of TRANSACT 14 Attendees, has developed a new infographic entitled The Top 10 Ways Acquirers Can Block a Data Breach.

The post Top 10 ways acquirers can block a data breach appeared first on Payments Cards & Mobile.

Read more

Issuing & Acquiring, Risk & Compliance -

US payments industry deployment of EMV technology accelerated in 2013 to help combat rising card fraud, but widespread industry adoption of US EMV still faces multiple obstacles. Merchants remain suspect about EMV investment, and while the debit industry took steps toward a common debit application, those initiatives were significantly disrupted by Judge Leon’s July ruling [...]

The post US EMV in 2013 appeared first on Payments Cards & Mobile.

Read more

Risk & Compliance -

Bank boardroom focus on money laundering is at an all time high, according to data released by KPMG. Nine out of ten of senior financial executives (88%) questioned for KPMG’s Global Anti-Money Laundering Survey said that money laundering issues are back at the top of the agenda in their organisation. The majority suggest that the [...]

The post Money laundering top of bank boardroom agenda appeared first on Payments Cards & Mobile.

Read more

Risk & Compliance -

The Financial Conduct Authority (FCA) has shown that it will adopt a more robust approach to regulating Financial Services firms. Last year saw the FCA hand out a total of £472,262,738 worth of fines, a significant increase to the £311,569,256 handed by its predecessor the Financial Services Authority (FSA) in 2012.

The post Financial Conduct Authority seeks personal accountability through attestations appeared first on Payments Cards & Mobile.

Read more

Risk & Compliance -

The Financial Conduct Authority (FCA) has shown that it will adopt a more robust approach to regulating Financial Services firms. Last year saw the FCA hand out a total of £472,262,738 worth of fines, a significant increase to the £311,569,256 handed by its predecessor the Financial Services Authority (FSA) in 2012. In line with this, [...]

The post Financial Conduct Authority seeks personal accountability through attestations appeared first on Payments Cards & Mobile.

Read more