Compliance

When 650-store discount chain Fred's announced a data breach this month, it made an unwarranted leap of logic, one that has become all-too-common among breached retailers. That leap was deciding that an absence of evidence was proof that something didn’t happen.

MasterCard and First Tech Federal Credit Union are testing a system that might be the picture-perfect solution to the expected rise in e-commerce fraud following the October shift to EMV security in the U.S.

A look at how Dodd-Frank has really impacted the financial services industry, and what other forces are at play.

Illinois has signed two agreements to allow its state-chartered credit unions operate out of state.

Target Corp. reached a settlement with Visa Inc. over a hacker attack that struck the chain during the 2013 holiday season and exposed millions of customers' personal information.

Target Corp. reached a settlement with Visa Inc. over a hacker attack that struck the retail chain during the 2013 holiday season and exposed millions of customers' personal information.

ValueAct Capital Management, the activist fund run by Jeff Ubben, disclosed a new 1.1 percent stake in American Express Co.

The United States is one the last developed countries to migrate to an EMV-based payments infrastructure, with a card network-imposed liability shift going into effect on October 1.

The Federal Trade Commission has closed its investigation of Morgan Stanley's massive data breach. It has identified the problem that allowed the breach to happen: access controls to a narrow set of reports were improperly configured.

The FDIC wants to enlist banks to help determine which customers are insured and uninsured, but some say the FDIC is passing what should be its responsibility on to the industry.