Compliance

Michigan CU League CEO Dave Adams says the league is making real progress on getting pro-credit union legislation through the state legislature.

Nok Nok Labs has expanded its suite of payment authentication services for the Fast IDentity Online Alliance infrastructure, adding one-touch biometrics, out-of-band authentication and measures to address friendly fraud.

Last week U.S. House Small Business Committee held the second part of a hearing entitled “The EMV Deadline and What it Means for Small Businesses,” which was supposed to address payment security in the United States.

From mobile wallets to machine learning, from biometrics to Bitcoin, many examples of what the industry calls "emerging technology" have finally emerged. But change is happening slowly, as is usual in the complex financial services space.

SunTrust has removed a clause from its severance agreement that laid-off employees claimed would have put them on call for two years to answer questions without compensation. Loss of institutional knowledge may be the cost of offshoring.

Consumer Financial Protection Bureau Director Richard Cordray issued a public rebuke of RushCard on Friday, warning that it must rapidly fix technical glitches that have left customers locked out of their accounts.

WASHINGTON — Two senior Democrats are urging congressional leaders to block financial policy riders from a yearend budget deal, including Sen. Richard Shelby's sweeping regulatory reform package.

Target, by all accounts, the corporate face of retail data breach, is driving full force to use its complete embrace of EMV to bolster its tarnished image and put it in the vanguard of card fraud protection and data security. And it is targeting one of the biggest sticking points to EMV: user adoption.

A major cybersecurity bill passed a key Senate test on Thursday after a series of setbacks earlier this year.

Furthering efforts to bring virtual currency mainstream, cryptocurrency companies and trade groups are teaming up to create a forum to aid law enforcement in weeding out criminal activity.