Compliance

Departing New York state regulator Benjamin Lawsky revealed the final version of the BitLicense, the regulatory framework for digital currency businesses his department has developed over the past 18 months.

It's no grace period, but the Consumer Financial Protection Bureau is working placate lender fears of hasty enforcement of its new integrated disclosure rules.

It comes as a shock to few people that we’re currently in a period of high fraud, in an environment that can be characterized with words like “high risk” and “unstable.”

Heartland Payment Systems has reported it suffered another data breach last month.

Payments security researchers today find themselves in an awkward position and it's retailers who have put them there.

Banks and mortgage lenders are in the final stretch of preparing to deliver new TILA-Respa Integrated Disclosures to homebuyers starting Aug. 1. But it's not just the change of forms that is causing alarm bells. Fines could be steep, and legal liability could be even higher, for violators, while necessary technological changes are expensive, they say.

Since enterprises must maintain information about their customers, why is it that breaches happen constantly?

The Federal Reserve Board on Friday announced the appointment of a senior official at the Federal Reserve Bank of Chicago to lead the central bank’s efforts to improve the national payments system.

NCUA is working with federally-insured credit unions in parts of Texas and Oklahoma that were hit by heavy flooding recently in order to help “protect consumers and ensure the continuity” of credit union services.

As the deadline nears for U.S. EMV adoption, more processors are partnering up to help their clients speed through the certification process.