Compliance

Mobile apps that allow consumers to control their payment cards are becoming more popular as banks use payment security as a way to build customer relationships.

The Credit Union National Association and the National Association of Federal Credit Unions have jointly filed an amicus brief supporting the NCUA's motion to dismiss the lawsuit recently filed by the Independent Community Bankers of America challenging the agency's authority to issue its latest member business lending rule.

A full year into the EMV migration, crooks are expected to be even more aggressive about attacking soft spots in online and mobile transactions.

WASHINGTON — The Treasury Department's Financial Crimes Enforcement Network mismanaged its system for tracking enforcement cases, allowing some cases to expire before the agency had the chance to impose civil money penalties, according to a government watchdog.

Distinct business plans in promising areas such as smart use of consumer data, cybersecurity and content creation, according to Bank of America Merrill Lynch commercial banking executive Scott Olmsted. And that is just the beginning of his list.

The EMV migration has been sluggish, but it's a vital part of protecting cardholders.

The Consumer Financial Protection Bureau has formally appealed an October court ruling that undercut the agency's independent status, arguing that the decision laid out a theory of separation of powers without precedent in case law or the Constitution.

Sen. Jeff Sessions is one of the marijuana industry's staunchest foes. He could upend efforts by the Obama administration to persuade credit unions and banks that it is safe to work with cannabis firms.

Sen. Jeff Sessions is one of the marijuana industry's staunchest foes. He could upend efforts by the Obama administration to persuade banks that it is safe to work with cannabis firms.

CUNA COO Rich Meade says there are plenty of opportunities for credit unions to work with the new president and Congress to advance regulatory reform and other priorities.