Tag: Payments
Cybersecurity company Sysnet acquires PCI compliance company NuArx
Cybersecurity and compliance solution platform Sysnet Global Solutions has acquired NuArx to help support its own market expansion.
The Bank of Jamaica explores changes to electronic payment regulations
The Bank of Jamaica is reportedly exploring regulatory framework for electronic payment service providers and is looking for industry proposals by January 15 2021.
The CSBS to launch unified compliance exam for payments firm to...
The Conference of State Bank Supervisors (CSBS) has released a new programme whereby payment firms can complete one compliance examination and be regulated across...
Using facial recognition for second-factor authentication – Electronic IDentification
Second-Factor Authentication (2FA) has been implemented across Europe under the PSD2 regulation and is helping protect consumers with online fraud. In a new case study, Electronic IDentification has explored the technology.
EDPIA names SIA as newest member of its payments alliance
The European Digital Payments Industry Alliance (EDPIA) has named payments infrastructure developer SIA as the latest member of the group.
Anti-fraud company Vesta said to close $125m in funding round
Anti-fraud company Vesta has reportedly secured $125m in a funding round to support its global expansion initiatives.
FCA wants payment firms’ advice on how to best protect their...
The Financial Conduct Authority (FCA) has made another initiative to protect financial customers, this time by asking payment firms for their insights.
Losses from APP fraud increases in 2019
While the banking and finance industry prevented more than £1.8bn in fraud during 2019 in the UK, the amount lost through authorised push payments (APP) scams increased to £465m.
The European Central Bank seeks advice on new payments statistics regulation
The European Central Bank (ECB) has issued a public consultation regarding its new regulation on payments statistics.
Pay.UK launches consultation for new payment standard
Pay.UK, a retail payment authority, has released the consultation on the best approach on the clearing and settlement capability of the New Payments Architecture (NPA).