After GDPR Struggle, Are Companies Ready for the Next EU Data Law?

Is your business prepared? A year ago, the European Union adopted the General Data Protection Regulation, or GDPR, a piece of legislation designed to force companies to protect people’s data. In just a few months, another data-related EU law is coming into effect: the Second Payment Services Directive, or PSD2. The new law, which becomes […]

Citigroup is Starting a Payments Unit

Citigroup is launching a new payments unit that will offer merchants consumer payment options such as credit cards, digital wallets, and direct bank account transfers. Citigroup is reportedly partnering with payments firms including Mastercard for the new offering. Mastercard will provide some of the back-end connections and processing for merchants, The Wall Street Journal reports. […]