In a significant move set to transform Mexico's digital payment landscape, Mexico City-based neobank Albo has announced a strategic partnership with issuer-processor Paymentology. This collaboration encompasses various initiatives aimed at expanding Albo's portfolio of digital payment services and
The new Iowa Consumer Data Protection Act (IACDPA), signed into law by Iowa Governor Kim Reynolds on March 28, 2023, is poised to introduce significant changes to how businesses handle personal data come January 1, 2025. This legislation represents a strategic move to fortify consumer data privacy,
In a move significant for the financial sector, the European Data Protection Board (EDPB) issued an opinion on October 7, 2024, aimed at guiding data controllers on their reliance on processors and subprocessors under the General Data Protection Regulation (GDPR). The guidance underscores two
In an era where digital transformation is reshaping industries, the utility sector is not left behind as it advances towards more efficient and modern operations. A recent partnership between FIS, a global payment processing giant, and Oracle, a prominent enterprise software provider, marks a
The landscape of banking is undergoing a significant transformation, driven by the need to meet modern consumer expectations for convenience, personalization, and security. Financial institutions, including banks and credit unions, are increasingly adopting advanced technologies to enhance customer
Community and mid-size banks face increasing pressure to improve their third-party risk management practices, particularly in the realm of cybersecurity. As cyber threats evolve and regulatory expectations heighten, these banks must prioritize rigorous due diligence and robust contract negotiations
