Podcasts Technology FinTech Podcast by IR Increasing Compliance Costs Driving Payments Systems towards Hosted Environments

Increasing Compliance Costs Driving Payments Systems towards Hosted Environments

Published: March 21, 2017, 12:16 a.m.

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\u2019re meeting standards. The cost of running a payment system has increased. Small payments companies are moving towards hosted payment environments.