Compliance

China's renminbi is quickly climbing the ladder of global acceptance, but many multi-national corporations are not prepared to accept cross-border payments using that currency.

Sales of cyberinsurance are rising among financial services companies, a sign of the times as data breaches, distributed denial of services and other types of attacks continue. But policies can be misleading, and they definitely are no silver bullet.

American Express' financial performance is already suffering from the pending loss of its Costco card business in U.S., pressuring the company's focus on emerging payments technology to provide a financial lift to calm nervous investors.

WASHINGTON — President Barack Obama has tapped the acting head of the Treasury Department's anti-money laundering and terrorism office to lead the department permanently.

Hillary Clinton just kicked off her presidential bid, but progressives have already begun a campaign of their own to shape the financial policy debate ahead of the 2016 elections.

WASHINGTON — Sens. Thomas Carper, D-Del., and Sen. Roy Blunt, R-Missouri, introduced a bill this week that would establish national data security and notification standards.

WASHINGTON — A flurry of activity on Capitol Hill in the last two days, has given credit unions a hopeful glimpse of the regulatory relief they have been seeking for years.

As financial institutions worldwide move to cut off relationships with industries that regulators consider risky, the few banks that serve these businesses are charging hefty fees for basic services.

The Payment Card Industry Security Standards Council released its 3.1 update to the industry's data security standards April 15 to address the payment data vulnerabilities of the Secure Sockets Layer encryption protocol.

WASHINGTON — Sen. Elizabeth Warren delivered a sweeping speech Wednesday aimed at what she's calling "the unfinished business of financial reform."