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Its the end of the workweek, and the PYMNTS Weekender is here to make sure you didnt miss anything with the latest in payments and commerce news. We have deep dives into eCommerce checkout features, as well as a report on Visa interchange rates and聽Gaanas music service in India.Top NewsReport: Visa Eyes Biggest Interchange Fee Revamp In A DecadeVisa聽is proposing to change its聽interchange rates聽in ways that would differ according to transactions and merchant classification. The changes were outlined in a document sent to banks by the payments firm and would be the most sweeping structural change in a decade. The rates refer to the rates that United States-based
stanley de merchants pay to accept聽Visa聽cards.Mastercard CEO Pushes Back Against National Payments SystemsMastercard CEO Ajay Banga is very much against attempts to split the聽Global Payments Systems聽into national domains. He said per reports, The economic cost of bui
stanley cup nz lding siloed systems in a world where citizens travel globally is really stupid, and where crime travels globally is even more stupid, and where technology is completely global is even three times more stupid. Indias Gaana Streaming Service Far Surpasses Apple, SpotifyIndia has access to Apple Music
stanley nz and Spotify, but its the countrys homegrown聽Gaana聽that is getting the largest share of listeners. Gaana 鈥?Hindi for song 鈥?tapped into grassroots strategy and budget prices to take on rivals. It now counts 152 million monthly聽subscribers聽鈥?50 percent of the worldwide cus Oodi Exploring The Future Use Cases Of Open Banking For Corporates
The FBI is now considered a key cyberleader.According to the聽Presidential Policy Directive-41聽 PPD-41 聽on U.S. Cyber Incident Coordination Policy, released on Tuesday July 26 by the Obama administration, the FBI is one of the agencies taking the lead in three different cyber-response areas 鈥?threat response, asset response and intelligence support. PPD-4
stanley france 1 codifies the essential role that the FBI plays in cyber incident response, recognizing its unique expertise, resources and capabilities. And as the bureau continues evolving to keep pace with the cyberthreat, the authorities contained in PPD-41 will
gourde stanley allow us to help shape the nations strategy for addressing nationally significant cyber incidents, 聽FBI Assistant Director James Trainor of the Cyber Division explained in a post聽on the agency website. This new policy, Trainor added, will also enhance the continuing efforts of the FBI 鈥?in conjunction with its partners 鈥?to protect the American public, businesses, organizations and the economy and security of our nation from the wide range of cyberactors who threaten us. The U.S. Cyber Incident Coordination Policy lays out guidelines that govern the federal governments response to cyber incidents, including which聽federal agencies will head the different threat response areas.The Department of Justice, acting through the FBI and the National Cyber Investigative Joint Task Force NCIJTF , will be taking the lead on threat response activities. While the聽Depar
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