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The traditonal method of scoring merchants based on risk may not work when the attack uses low risk merchants to hide illegal transactions.

A new joint venture with Gas Station TV will help Verifone Systems Inc. expand its services in the coming year, providing more exposure for the terminal manufacturer's merchant clients and a stronger media service for its petroleum clients. In addition, Verifone will expand its role as a software provider.

The debt is costing taxpayers $4 billion a year, but rather than forgive it Republicans remain focused on creating a private flood insurance market.

The Consumer Financial Protection Bureau said Thursday that it will delay the effective date of its final rule on prepaid cards by six months because industry participants need more time to comply.

A number of small banks have disclosed material weaknesses in loan-loss accounting and other procedures. Reasons vary, but a common thread appears to be that accounting firms are facing pressure to beef up their scrutiny of internal controls in financial services.

In his meeting with community bankers, President Trump openly pondered the fate of CFPB Director Richard Cordray with his advisers and appeared eager to quickly fix industry concerns through executive orders.

Credit unions could be caught in the same net that led to the $586 million settlement the global money transmitter submitted to earlier this year.

After sponsoring the Poinsettia Bowl for 12 years, SDCCU will hang its name on bowl game with four decades of history.

The question is more than academic. At stake is the role blockchain technology can play in lowering the costs of raising money.

By relying heavily on where a borrower went to college, online lenders may run afoul with regulators and could be missing out on good credits.