Payments Risk Management

What Is the FDCPA?

Topics: Payments Risk Management, Payments Compliance

The Fair Debt Collections Practices Act (FDCPA) is designed to protect consumers against abusive debt collection tactics while providing guidelines to reputable businesses for remaining in compliance while maximizing payment recovery by legitimate collection efforts. Here’s what you should be aware of to ensure FDCPA compliance.

Read More > May 15, 2018

How to Mitigate the Risks Associated with Accepting Online Payments

Topics: Payments Risk Management, Payments Compliance

Even with the ever-growing list of benefits available through online payment processing, there remain risks involved in using internet technology to facilitate purchasing and payment capacities. Avoiding known risks means…

Read More > June 19, 2017

CFPB 2016 Report Reveals Past Crimes and Future Opportunities

Topics: Payments Industry Trends, Payments Risk Management, Payments Compliance

In its 2016 annual report, the Consumer Finance Protection Bureau (CFPB) revealed that 24 percent of all the debt collection complaints it received that year involved criminal activities by debt…

Read More > April 17, 2017

What is EMV?

Topics: Merchant Processing, Electronic Payments, Payments Risk Management, Payments Compliance, Retail Payments

While still relatively new to the United States, Europay, MasterCard and Visa – more commonly known as EMV – is an important worldwide security standard for credit cards. The History…

Read More > July 26, 2016