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Increasing Compliance Costs Driving Payments Systems towards Hosted Environments
Manage episode 174910077 series 1065080
Content provided by FinTech Podcast by IR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FinTech Podcast by IR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Credit card companies are taking constant steps to protect cardholder data. Subsequent versions of compliance standards have become more strict to combat fraud and banks get audited to ensure that they’re meeting standards. The cost of running a payment system has increased. Small payments companies are moving towards hosted payment environments.
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Manage episode 174910077 series 1065080
Content provided by FinTech Podcast by IR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by FinTech Podcast by IR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Credit card companies are taking constant steps to protect cardholder data. Subsequent versions of compliance standards have become more strict to combat fraud and banks get audited to ensure that they’re meeting standards. The cost of running a payment system has increased. Small payments companies are moving towards hosted payment environments.
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