Compliance

Model legislation in the works would give state legislatures a template for regulating virtual currency businesses. The Treasury is lobbying against clear exemptions for firms that don't control customer funds.

Even as an NCUA working group is trying to craft a supplemental capital proposal for credit unions, mutual thrifts are quietly courting their regulator for a similar measure of their own.

Some debit card users are so loyal to their cards that many would go so far as to say using a PIN is more convenient — and less secure — than a using a signature, according to a recent report from Auriemma Consulting Group.

BMO is betting that newly popular biometric authentication options can solve an age-old problem—the headaches business travelers face when managing smaller expenses.

In the coming years, biometrics will be the leading security metric to protect payment systems, but a single ultra-hack could derail this progression permanently.

NCUA named liquidating agent and Public Service Credit Union assumes members, assets, loans and shares of small Detroit institution.

The Coalition for Safe Loan Alternatives intends to become a peer-to-peer forum for best practices among the alternatives to payday loans. The group will not advocate for policy changes. Rather, it aims to offer a platform for local organizations to share information and compare ways to offer low-cost access to credit.

The Coalition for Safe Loan Alternatives intends to become a peer-to-peer forum for best practices among the alternatives to payday loans. The group will not advocate for policy changes. Rather it aims to offer a platform for local organizations to share information and compare ways to offer low-cost access to credit.

WASHINGTON — After being forced by a court to withdraw its enforcement action against Tanzanian bank FBME, the Treasury Department's Financial Crimes Enforcement Network has once again finalized a rule requiring U.S. institutions to cut off ties with the bank.

EBay has become a member of the Fast Identity Online (FIDO) Alliance, making it the first e-commerce company to achieve FIDO certification.