Compliance

While nearly all banks, financial institutions and other organizations have a disaster recovery strategy in place, it’s clear that these plans are not enough to ensure these organizations remain online, regardless of what happens, according to Gijsbert Jassen van Doorn, technology evangelist at Zerto.

A recent bill to update data breach notification requirements has pitted state and federal credit union trade groups in opposing camps.

Visa Inc. and Mastercard Inc. agreed to pay as much as $6.2 billion to end a long-running price-fixing case brought by merchants over card fees, the largest-ever class action settlement of an antitrust case.

Organizations that lack security controls and have experienced a breach can expect auditors, regulators and standards bodies to knock on their doors demanding information, writes Fouad Khalil, head of compliance and SecurityScorecard.

The growth and dominant market share position of payment cards in U.K. retail sales is prompting a new pushback from retailers who are wary of rising network fees.

In its role as a security compliance and disaster recovery firm, Sungard Availability Services has seen merchants warming up to the Payment Card Industry data security standards.

Credit union trade groups are calling on the National Credit Union Association to raise the asset threshold for CUs eligible for an 18-month exam cycle, bringing them in line with community banks.

Two of the credit union movement's biggest names are teaming up to help CUs better tackle big data.

The time is now for Congress to enact stricter data security standards that better protect credit unions and consumers.

DraftKings has added PayPal as a payment option to its New Jersey Sportsbook, following similar moves from rivals FanDuel Sportsbook, Caesars Sportsbook and SugarHouse Sportsbook.