Washington, D.C. – December 21, 2017 – We were very pleased with the announcement from the CFPB that they will issue an extension on the prepaid rule. We thank the CFPB for acknowledging the challenges with implementing the rule and we applaud the Bureau for allowing additional time to comply.
Multiple Channels, Multiple Generations: Meeting Customer’s Demand For A Variety of Payment Options By: First National Bank of Omaha Senior Vice President of Treasury Services Russ Oatman
As consumers increasingly demand convenience, immediacy, and digitized services, businesses are working to meet those demands by offering multiple ways to pay, including digitized payment options and services. As they seek to bring a variety of options to customers in … Continue reading →
Payment Security Compliance drops for the first time in six years, states Verizon’s 2018 Payment Security Report
Verizon 2018 Payment Security Report (PSR) highlights: Full compliance with the Payment Card Industry Data Security Standard (PCI DSS) drops for the first time in six years – 52.5 percent of organizations compared to 55.4 percent in 2016. Businesses more vulnerable … Continue reading →