Compliance

China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group and its biggest rival Tencent Holdings.

The 46th president's agenda for financial regulation is already moving ahead, based on the people he's chosen to put in key roles.

PaymentSource's Daniel Wolfe sits down with Carey O'Connor Kolaja, AU10TIX's new CEO to discuss the rise in synthetic fraud, the fastest-growing financial crime, and how payments security has been changed by the pandemic.

Now that the data aggregator is no longer joining forces with the card network, it’s on to plan B, which includes developing better relationships with banks.

Cybersecurity remains a priority along with CARES Act compliance, flexibility for borrowers impacted by the pandemic and more.

Some companies cut off the flow of cash to insurrectionists, while others put a halt to their political spending. Their actions came quickly after the events of Jan. 6.

In placing the $6.6 million-asset institution in conservatorship, the regulator has taken charge of two credit unions in just the first two weeks of the year.

Fresh market interest and government action have created a chance for payment technology providers like Circle to promote blockchain-powered transactions.

In a party-line vote, the agency issued a proposal that would redefine a "complex" credit union.

After calling off its bid to buy the data aggregator Plaid, the card network is shifting its focus back to its role as an enabler of digital payments and related services.