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More than two-thirds of all U.S.-issued MasterCard consumer credit cards are now chip-enabled and the number of merchants accepting EMV transactions continues to climb, MasterCard said March 31.
April 1 -
Mobile wallets and related technologies are starting to look very different. Whether they are absorbed into other mobile offerings or removed from the phone altogether, these systems are looking less and less like the old-fashioned billfolds they replace.
April 1
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Risk management executives discuss diverse approaches credit unions can take in addressing interest rate risk strategies.
April 1 -
An 11-page paper by the agency signaled its intent to take a higher-profile role in ensuring that regulators are not inappropriately hampering banks' adoption of new technologies to reach customers, while also keeping an eye out that institutions are able to handle the risks involved.
March 31 -
NEW YORK CITY Just six months after being placed into conservatorship, Montauk Credit Union, based here, was merged into Bethpage Federal Credit Union of Bethpage, N.Y., effective Thursday.
March 31 -
Despite email filters and training programs, bank customers still click on fake emails and malicious links at an alarming rate. Newer technologies and methods hold promise for getting phishing under control.
March 31
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Two former credit union employees were handed life-time prohibition orders from the National Credit Union Administration in March following their criminal convictions.
March 31 -
A white paper released Thursday said the agency might issue new guidance on fintech product development, third-party risk management and new products targeting the underbanked; streamline its licensing procedures; and appoint experts on "responsible innovation." It is still deciding whether to open an office dedicated to monitoring the fintech sector.
March 31
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The payments pioneer is transforming its merchant cash advance into a business loan, a move that has significant legal and regulatory implications.
March 31 -
BATON ROUGE, La. The Louisiana Credit Union League is backing two bills that are moving through the states legislature.
March 30
