The US CFPB has asked Congress for authority overseeing Military Lending Act
US Consumer Financial Protection Bureau (CFPB) director Kathleen Kraninger has asked the US Congress to provide the CFPB with ‘clear authority to supervise compliance’ of the Military Lending Act (MLA).
Advanced Fraud Solutions, Q6 Cyber partner to combat payment card fraud
Advanced Fraud Solutions has partnered with Q6 Cyber to help financial institutions boost fraud prevention and detection.
How is the market reacting to AML5?
Business opportunities presented by AML5 are so substantial, financial institutions will adopt the standard significantly before the deadline, according to Iván Nabalón, CEO at ElectronicID.
50% of Hong Kong consumers happy to share financial data with 3rd-parties
Half of consumers in Hong Kong are happy to let third-parties access their financial data so they can access more personalised banking services and higher returns, according to a study from Accenture.
encompass, Bisnode partner to support onboarding at Nordic financial institutions
encompass, an automated KYC solution developer, has formed a strategic partnership with Bisnode to support customer onboarding of financial institutions in the Nordics.
Is your data GDPR compliant in the cloud?
Cloud computing has been around for over a decade and is becoming a typical sight in technology solutions; however, is data stored there compliant with GDPR, Compliance Compendium chief business development officer Gareth Gadd explores this.
OCBC launches biometric scanning for mobile banking app
Malaysian bank OCBC Bank has launched facial biometric access for its mobile banking app.
The Reserve Bank of India releases guidelines on tokenised payments
The Reserve Bank of India has released the guidelines for the tokenisation of debit, credit and prepaid card transactions.
Sberbank, Azbuka deal supports biometric payments in supermarkets
Russian bank Sberbank has established a partnership with Azbuka Vkusa supermarket to enable fingerprint payments in stores.
Banco Carregosa implements aplonAPI to aid PSD2 compliance
Portuguese bank Banco Carregosa has formed a deal with Payment Components & Infosistema to support PSD2 compliance.
