Compliance

Compliance CUSO COMPASS 4 CUs LLC is celebrating its five-year anniversary this month with a modern twist — YouTube videos and hashtags.

While the average consumer’s banking and payment account information may not be considered as highly-sensitive as the "non official cover" list from Mission Impossible, multi-layer authentication is still the best way to fend off fraudsters.

Credit unions and banks alike are fighting back against a proposal by the Department of Education (ED) that would restrict how universities disburse federal student loan funds, arguing the agency has overstepped its statutory authority.

When the card networks' October deadline for EMV-chip card adoption arrives, things will likely have changed very little compared to how they are today.

The Payments U.K. council has delivered the first draft of the ISO 20022 payment messaging standard, fulfilling an earlier promise that it says will pave the way for a globally interoperable real-time payments system.

The trade group representing state regulators and state-chartered CUs is pressing NCUA for more details on why the agency believes OTR shouldn't be subject to public notice and comment.

Anthony Murgio, who is accused of running a Bitcoin exchange that laundered money and who has been linked to one of the largest bank hacks in U.S. history, can remain free on $100,000 bail.

Ocwen Financial's internal review group is "independent," and the Atlanta servicer is in compliance with the national mortgage settlement, settlement monitor Joseph A. Smith said Tuesday.

When cardmaker American Banknote (ABnote) CIO John Ekers discussed his company's Apple Passbook Android clone last week, he observed that "in the last 3-4 weeks, we're getting a lot more interest in limited use keys (LUK)," which is the first element of tokenization.

A federal judge has overturned a New York City law that would have required banks to make new disclosures regarding their investments in local communities.