MasterCard
OCC, FDIC Prohibit Use of 'Reputation Risk' by Regulators
The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) on Tuesday issued a final rule codifying the elimination of ‘reputation risk’ as a criterion in their supervision of financial institutions.
Growing Site Revenue Under Ever-Changing Compliance Rules
Over the past year, many merchants have reported earnings that were flat or even a bit down. This is due to three main factors: age verification regulations, click-to-cancel rules, and banks backing away from cross-sales due to regulatory requirements and the rollout of the Visa Acquiring Monitoring Program (VAMP).
FTC Warns PayPal, Stripe, Visa, Mastercard Against Debanking
Federal Trade Commission Chairman Andrew Ferguson sent letters on Thursday to the CEOs of PayPal, Stripe, Visa and Mastercard, warning them against debanking practices — including denying customers access to services based on lawful business activities perceived as high-risk.
Making the Case for Network Tokens in Recurring Billing
A declined transaction isn’t just a technical error; it’s lost revenue you fought hard to earn. But here’s some good news for adult merchants: The same technology that helps the world’s largest subscription services smoothly process millions of monthly subscriptions is now available to you as well.
From Compliance to Confidence: The Future of Safety in Adult Platforms
In numerous countries and U.S. states, laws now require platforms to prevent minors from accessing age-inappropriate material. But the need for safeguarding doesn’t end with age verification. Today’s online landscape also places adult companies at uniquely high risk for inadvertently facilitating exploitation, abuse or reputational harm, or of being accused of doing so.
Understanding the MATCH List and How to Avoid Getting Blacklisted
Business is booming, sales are steady and your customer base is growing. Everything seems to be running smoothly — until suddenly, Stripe pulls the plug. With one cold, automated email, your payment processing is shut down. No warning, no explanation.
Consent Guardrails: How to Protect Your Content Platform
The adult industry takes a strong and definite stance against the creation or publication of nonconsensual materials. Adult industry creators, producers, processors, banks and hosts all share a vested interest in ensuring that the recording and publication of sexually explicit content is supported by informed consent.
Eight Steps to Fast-Track AI Site Approval for Processing
Artificial intelligence is a hot topic these days. AI technology is speeding up the way we do business across all industries and offers numerous benefits, from automating processes to increasing efficiency and scalability.
How to Secure High-Risk Transactions With Network Tokenization
Ensuring the security of data as it moves through digital channels is the foundation of safe transactions, and crucial for your success. If your business can’t secure transactions, you’re exposed to myriad processing traumas.
FinXP, Mastercard Partner for 'FinXP PLUS' Cross-Border Payment Solution
FinXP has partnered with Mastercard to introduce a cross-border payment solution, FinXP PLUS.
Bias in Banking: How FSC Is Leading the Charge in Fight for Fairness
Ask most people what they remember about the 1997 film “Boogie Nights,” and they’ll probably recall Heather Graham dancing around as Rollergirl, or the infamous pool party, or Mark Wahlberg finally — spoiler alert — unveiling his prosthetic penis.
ACLU Asks FTC to Investigate Mastercard for Discrimination Against Sex Workers, Adult Sites
The American Civil Liberties Union on Tuesday filed a formal complaint asking the Federal Trade Commission to investigate Mastercard for discriminatory practices against sex workers and adult content websites.
MasterCard Updates Risk Standards to Address Adult Deepfakes
Mastercard last week informed acquirers about updates to its Business Risk Assessment and Mitigation (BRAM) standards for adult content, including verbiage addressing deepfakes.
New Mastercard Rules for Negative Option Billing
At the end of 2021, Mastercard implemented new rules regarding “negative option billing,” with even more rules going into effect on June 8, 2022.
Cherie DeVille Pens Article on Financial Discrimination Against Sex Workers
Cherie DeVille has penned a new essay for the Daily Beast about financial discrimination against sex workers and the controversy generated by Mastercard’s rule changes last month.
FSC Releases Updated Guidelines on New Mastercard Rules
Free Speech Coalition (FSC) has released a statement with clarifications regarding the new Mastercard guidelines that will go into effect Friday.
'Fight for the Future' Endorses #AcceptanceMatters Campaign
Digital rights organization Fight for the Future has endorsed the #AcceptanceMatters campaign against banking discrimination, spearheaded by LGBTQ+ sex workers in the wake of Mastercard’s new rules for online content.
Mastercard: Webmasters Express Concerns About 'Report Abuse' Forms
As the October 15 deadline set by Mastercard for compliance with its new rules for adult websites looms, “compliance packages” created with the input of merchant banks and payment processors have become a subject of concern among content creator and webmaster communities.
Patreon Updates Rules for Adult Content Creators
Patreon released on Sunday an official “Creator Policy Engagement Update” for its base of adult content creators.
Stoya Decries Sex Worker Financial Discrimination
Global business news site Quartz published an interview last week with writer and semi-retired adult star Stoya, about financial discrimination against sex workers.
