Compliance

Payment technologies are in an unwelcome spotlight this month, as security researchers expose their weaknesses just as the products are winning a long-desired trust among mainstream consumers.

Dubai-based payment service provider Payfort has formed a partnership with Mastercard to improve fraud-screening and streamline the checkout process for e-commerce and mobile point of sale transactions for hundreds of merchants across the Middle East.

Three quarters of debit cards will have chips by the end of the year, but slow merchant adoption is limiting use, according to Pulse.

The proliferation of smartphones and the onset of mobile payments has brought biometrics to the forefront of security for financial transactions.

The Inspector General of the Department of Housing and Urban Development has found a new ally in his fight to reform the down payment assistance programs run by HUD and state and local housing finance agencies.

In a speech Tuesday, GOP presidential nominee Donald Trump pledged to temporarily suspend all new federal regulations if elected president, but even if he wins the White House, it may prove beyond his reach.

This week marks the end of the comment period regarding the NCUA's regulatory review process for 2016. Also due for comment this week are various information-collection procedures by regulators, as well as the Consumer Financial Protection Bureau's annual privacy notice rule.

Advantage Federal Credit Union has converted to a Michigan state charter to expand its community field of membership to serve additional areas in the state. The change comes with a new name – Advantage One Credit Union.

With supervisory pressures continuing to mount, a piecemeal approach to handling banks’ regulatory demands is costly and ineffective.

The U.S. EMV migration has been rough, but one of the sharpest pain points of all was felt by merchants not yet processing chip cards who were hit by a costly surge in chargebacks.