Posts Tagged ‘Compliance and Risk’
What is KYC, and What Does it Mean for Payment Facilitators?
The payments ecosystem is steeped in acronyms. One of the most critical, affecting payment facilitators from the outset of their relationships with their submerchants, is the acronym KYC.
Read MoreWhen is It Worth Becoming a Payment Facilitator?
For many B2B software companies, the decision to offer a proprietary payments product appears likely in their future. So how do you know when it’s worth taking the steps necessary to become a payment facilitator? When are you big enough, well-funded enough, or at the right point in your business’s life cycle?
Read MoreWhat is Frictionless Underwriting?
Few tech-enabled developments in recent years are as revolutionary to the merchant experience as the birth of frictionless underwriting – a key characteristic of the payment facilitator model. But what does it involve?
Read MoreAppeals Court Ruling Has Implications for Submerchant Contracts
An appeals court ruling earlier this year sheds light on the importance of submerchant contracts and what they tell payment facilitators about their rights and obligations
Read MoreControlScan and FIS: Collaborating on Behalf of PFs
Compliance solutions provider ControlScan and processor FIS have come together in an effort to streamline PCI compliance for payment facilitators.
Read MoreCSBS Regulatory Toolbox: New Upgrades for Streamlined Compliance and Data Protection
The CSBS has launched new fintech tools to enable a more manageable navigation process when it comes to promoting compliance and protecting customer data, including a portal, interactive map and updated resource center
Read MoreETA Introduces Program Acknowledging PFs, Others for Use of Risk Management Best Practices
Payment facilitators who follow industry risk management best practices can now be recognized for their efforts, using a new program from the Electronic Transactions Association (ETA).
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