Compliance

ALEXANDRIA, Va. — NCUA on Friday said it issued three orders in October prohibiting the following individuals from participating in the affairs of any federally insured financial institution.

The EMV deadline has come and gone, and customers and retailers alike are realizing that they need to understand and adapt to the new payment reality both online and offline.

Despite the NCUA chairman’s insistence against extending the examination schedule, credit union advocates expressed optimism about the agency’s commitment to making the process less painful.

Whether it's regulation, cyber threats, vendor backlog or just plain inertia, U.S. banks still lag their overseas counterparts when it comes to mobile adoption.

Two days after new mortgage disclosure forms were required, one small lender called its technology vendor to ask why the software had changed—a sign that not everyone was as prepared as they could have been.

Given the seemingly constant flow of new compliance issues, it may be hard for CUs to feel like things have 'calmed down,' as experts suggest they have—but that won't last very long, they warn.

With the highly anticipated EMV liability shift now in effect in the U.S., merchants have been adopting point-of-sale terminals that can accept chip-based cards.

If Visa and MasterCard seem to be shining an extremely bright spotlight on their tokenization efforts, it's because they view it as vital to their survival.

NEW HAVEN, Conn. — The third quarter of 2015 brought 70 new compliance items to credit unions, requiring 2,231 pages to process and expenditure of $29,145, according to advisory firm Continuity.

Rep. Paul Ryan’s election as House Speaker may ultimately prove a boon for credit unions as well as banks – here’s why.