Select Page

Blog

OCC issues revised guidance (OCC Bulletin 2014-41) on Merchant Processing as regulators continue to increase focus on third party risk. In their revised guidance the OCC stresses the need for expanded due diligence of third party card processors. The guidance reinforces the OCC’s concept of managing third party service providers throughout the entire vendor lifecycle by focusing first on the due diligence necessary for vendor selection.

This site uses cookies

Please note that on our website we use cookies necessary for the functioning of our website, cookies that optimize the performance. To learn more about our cookies, how we use them and their benefits, please read our Cookie Policy and Privacy Policy.

Accept