Compliance

The breach experienced by Mossack Fonseca did more than expose sensitive tax documents for global figures in politics and business. It's also a warning sign for any company that manages large amounts of financial and transaction data.

A video of the March 2016 open meeting of the National Credit Union Administration board was posted on the agency’s website Friday.

There's plenty of criticism of the U.S. chip card migration, including its pace, the pressure on merchants to upgrade and the lingering confusion over how to use the cards. But Visa painted a more bullish picture of the migration.

A federal district judge ruled that the Consumer Financial Protection Bureau has no power to investigate the Accrediting Council for Independent Colleges and Schools, an embattled accreditor of for-profit colleges. The ruling marks the first time a court has said the bureau had no jurisdiction and overreached its statutory authority.

Issuers still have a choice of whether to require PIN authentication for EMV-chip cards, but David Nelms, chairman and CEO of Discover Financial Services, says the chip-and-PIN path increasingly makes the most sense for U.S. payment cards going forward.

We have been clear from the start that the date fixed by the card networks for liability shift was far too aggressive and essentially resulted in a Christmas present to card issuers.

Banking regulators made several critically important changes in their new plan to restrict executive pay at financial institutions after their first attempt flopped in 2011. Here's what they did.

Federal prosecutors broadened a case linked to what the U.S. called a multiyear criminal enterprise centering on hacks of publishing and financial firms including JPMorgan Chase & Co., according to court records in Manhattan.

Federal regulators unveiled a long-awaited proposal Thursday designed to target incentive-based pay arrangements for executives at banks and credit unions, the agencies' second attempt after their initial plan met fierce resistance.

Despite his loss in the New York primary on Tuesday, Sen. Ted Cruz is fighting hard to win the Republican nomination. But eliminating the CFPB could be an even tougher challenge if he is eventually elected president.