Compliance

Jamie Topolski, the new director of alternative payment strategies for the Output Solutions division of Fiserv, expects that the U.S. migration to EMV will take as many as 10 years to complete.

Nacha, the electronic payments association, has stepped up scrutiny of the automated clearing house network in an attempt to weed out fraudulent charges.

The U.S. won a Dutch top court ruling allowing it to seek the extradition of a Russian man suspected of helping to lead a ring that hacked 17 companies including Nasdaq OMX Group Inc. and 7-Eleven Inc.

WASHINGTON — The Consumer Financial Protection Bureau has finalized revisions to its international money transfer rule that will provide certain remittances with a longer exemption.

Swisscard AECS AG, the Zurich-based joint venture of Credit Suisse AG and American Express, has implemented Entersekt's 3D secure-based mobile security system, Transakt.

Despite NCUA handing out of $57,750 in penalties to late Q1 Call Report filers, 75 federally insured CUs have filed their Q2 report late, the agency reported Monday.

Since Google announced support for host card emulation (HCE) in Android KitKat 4.4 last year, the industry has been divided.

Getting payment cards operating under a Single Euro Payments Area framework is the next big hurdle facing those seeking a common system in Europe.

Underwriters Laboratories has been testing physical products for safety for more than 100 years, and the company has joined the payments industry at an opportune time.

WASHINGTON — The Consumer Financial Protection Bureau has chosen a dozen firms involved in the mortgage industry — including two credit unions — for a pilot program looking at whether electronic fillings can improve the mortgage closing process.