Over the next 12 months insurers will face competing priorities for resources and time, with cybersecurity preparedness challenging overall regulatory compliance readiness, according to Wolters Kluwer Financial Services.
Credit card companies are making the final call for US merchants to switch over to EMV chip technology in anticipation of the looming deadline.
When was the last time you heard someone utter the sentence, “I’m looking forward to the audit next week.” Most likely, never.
One of the main PCI compliance challenges for businesses is how to accurately document and monitor the payment data and personal information they hold and share with third parties.
Customer call recording and storage is now standard practice across a variety of industries, as well as a Financial Conduct Authority (FCA) requirement in many cases.
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