PCI-SSC: “Small Businesses Suffer From Big Cybercrime”
Topics: Payments Compliance
The Payment Card Industry Standards Security Council (“PCI-SSC”) has promulgated a series of payment protection resources for small businesses (<250 employees) to help them avoid becoming victims of cyber attacks….
CFPB Proposes Data Privacy Notification Rules
Topics: Payments Compliance
In 1999, Congress passed the Gramm-Leach Bliley Act (GLBA) to reform the country’s financial services industry, due to its growing use of digital technology and the consequent threat to consumer…
Proposed Payday Loan Rules Will Protect Vulnerable Consumers
Topics: Payments Compliance
The Internet-facilitated practice of extracting high profits from vulnerable consumers with virtually no oversight is the primary reason why the Consumer Finance Protection Bureau (CFPB) has proposed setting rules around…
CFPB June Report Reveals Improvements
Topics: Payments Compliance
The management of any type of consumer loan product can cause a complaint. The constantly evolving financial markets continue to develop new ways to provide a ready cash supply to…
