Inside PaymentVision’s Blog
Welcome to the PaymentVision™ Blog. Read articles covering the latest in the payment processing industry. Learn more about increasing bill collection, staying compliant, industry trends, business continuity, and more.
Credit Unions and Their Members
Topics: Merchant Payment Processing
On May 5, 2016, the Consumer Financial Protection Bureau (CFPB) promulgated rules that, if enacted, would prohibit mandatory arbitration clauses. These clauses can prevent consumers from forming a class to…
Read More >
September 27, 2016
Building on the Success of the Past – The CFPB’s PWA Compliance Report
Topics: Payments Compliance
Pursuant to the Plain Writing Act of 2010 (PWA), members of the federal executive branch (“executive agencies”) are required to use plain language in documents that: Are necessary for obtaining…
Read More >
September 13, 2016
Is a Registration System for Non-Banks Overseen by the CFPB Imminent?
Topics: Payments Compliance
Earlier this year, the Consumer Finance Protection Bureau (CFPB) published a request for information (RFI) for vendors in order to better understand capabilities and strategies as it considers proposing a…
Read More >
September 6, 2016
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….
Read More >
August 23, 2016
