Compliance

Virtual Piggy has undergone a few changes of direction and brand in the past while formulating payments applications for the under-18 market.

Using big data can help CUs improve efficiencies and reduce costs when it comes to compliance.

If others follow Del-One's lead and start league shopping instead of staying in-state, collaboration in the cooperative industry could take a hit, some worry.

The surge of students seeking an overseas education in recent years powered rapid growth for Flywire, a Boston-based payments technology firm that handles cross-border tuition payments. It must now test whether the global network it built can serve the B-to-B market as well.

Firms need to evaluate risks ranging from hackers spreading false information about the bank to an executive’s inappropriate social media posts.

A lot of time can pass between a breach and when a company discovers the incident, creating an opportunity to damage payment systems.

The venture capital firms of Goldman Sachs and Citigroup, along with the fund backed by Google’s chairman, have invested in a firm that helps banks secure their cloud technology.

The bank’s clients now have a simpler alternative for logging in to treasury management and other commercial accounts, part an effort by bankers to offer business customers more convenient high-tech services that are still secure.

Financial institutions see their best chance to repeal interchange debit fee caps, but merchants are confident they can prevent Congress from taking up the issue again.

A new cap on credit-card transaction fees that comes into force on July 1 means there’ll be less revenue available to fund lavish award programs.