Compliance

ARLINGTON,Va. — NASCUS kicked off its inaugural cyber security symposium last Thursday, and judging from attendance, there will be a repeat performance next year.

Alibaba's cooperation with Apple may start with offering Apple Pay in the Chinese market through an intermediary to skirt regulatory hurdles, Alibaba Vice Chairman Joseph Tsai told a Chinese-language news wire.

Uber, the ubiquitous black-car company that popularized the use of mobile apps to book rides, will switch to a two-tiered payment system to continue operations in India.

The Consumer Financial Protection Bureau is set to go beyond industry expectations when it unveils a long-awaited proposal Thursday that would establish new requirements for prepaid cards.

Square Inc. may have more incentive than other acquirers in urging merchant clients to accept EMV-chip cards, but its pricing strategy could deter some from adopting the secure technology.

Nacha CEO Janet Estep discusses how her organization polices bad actors on the automated clearing house network, why it doesn't single out specific merchant categories as risky, and how nudging the industry toward "push" payments will help.

Third-party vendors will receive a lot more security scrutiny under new Payment Card Industry security requirements taking hold next year, if merchants are vigilant in following the new compliance guidelines.

Mocapay and Merchant Link are partnering to offer a bundle of mobile payments services that includes data-driven security and loyalty programs, both areas that have held back merchant uptake in the past.

Security passwords that have become common for e-commerce transactions and financial accounts translate poorly to mobile devices, fueling consumers' bad habits regarding weak or reused passwords.

This is an exciting time to be in the payments industry. The U.S. deadline for the EMV chip-and-PIN migration is officially less than one year away, and Apple Pay recently became available to iPhone 6 and iPhone 6 Plus users.