Cross-Border Payment Compliance: What to Know as GDPR Kicks Off

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Cross-Border Payment Compliance: What to Know as GDPR Kicks Off

As GDPR launches today, Brent Crider illustrates the requirements for the regulation and how it impacts organizations processing cross-border payments. Vendors managing payroll or freelancer payouts enterprises must be extra vigilant about GDPR compliance, as they store a wealth of personally identifiable information that accompanies such payment types.

On May 25, the EU’s General Data Protection Regulation (GDPR) will radically alter the cross-border payments landscape. The mandate has vast and…

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