Working with a processor or third party can ease compliance, but it doesn’t remove responsibility. The principal license holder, issuer or acquirer, remains accountable for every Visa and Mastercard compliance requirement.
How can you safeguard your bank's payment network compliance obligations, even when working with external processors? In this on-demand webinar, industry specialists with decades of payment network experience explore the risks, realities, and smarter strategies for managing payment network compliance, without overloading your team.
What you'll learn:
- Why payment network compliance is broader than processing changes, and why technical updates are only part of the picture.
- What Visa and Mastercard expect from issuing banks, regardless of outsourcing arrangements.
- The critical risks of relying solely on processors – from missed mandate deadlines to fee-related blind spots.
- How banks of all sizes can stay compliant without adding operational burden, including practical approaches to centralising updates and automating oversight.
The volume of updates from Visa and Mastercard continues to grow: hundreds of bulletins, mandate notifications, and fee changes each year. For banks that rely on processors without maintaining their own oversight, this creates an expanding blind spot.
We explore why license holders remain fully responsible for compliance, even when outsourcing. From hidden dependencies to missed updates, the risks are real. Learn what to watch for, and how to keep your compliance processes watertight without overloading your team.