Compliance

With new data breaches becoming public on an almost routine basis, it’s no surprise that our findings revealed that consumers are starting to favor safety over speed and ease of checkout, writes Joseph Daly, COO of Paysafe Payment Processing in North America.

The bank faces June 15 AML compliance deadline; the features that make Zelle popular with customers entice thieves.

SunTrust let about eight weeks pass before telling the public that data tied to 1.5 million customers had been stolen.

As marijuana legalization spreads throughout the U.S. and the world, companies in the cannabis market must navigate a delicate tangle of new and old regulations. And many payment providers are unwilling to risk working with dispensaries, leading to some inventive workarounds.

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.

PCI compliance can't solve all security problems. EMV, encryption are all necessary to protect merchants from data breaches, writes Jeff Zimmerman, COO of Clearent.

As the cannabis industry has inched toward legitimacy, it hasn't abandoned its roots. And that includes the infamous pot smokers' "holiday," April 20.

The firing happened in 2013 after the staffer gained access to emails from top executives and shared them outside the company, according to a news report.

Banks and credit unions are sharing more information with third parties these days, but they need to be cautious about it.

It's too soon to tell whether a new button would replace Visa Checkout and Masterpass as brands. It's also unclear why consumers would choose another new payment option over the many options available today — such as PayPal.