Compliance

New York Attorney General Eric Schneiderman announced his support for a proposal in the state legislature to regulate prepaid debit cards used by employers to pay wages.

Chinese restaurant chain P.F. Chang's has confirmed that the data breach it discovered Tuesday involved the theft of credit and debit cards.

By the end of 2015, 70% of U.S. credit cards and 41% of U.S. debit cards will be EMV enabled, and chip-and-signature will be preferred by issuers out of the gate, according to a recent survey.

The payment processor First Data will provide its small and mid-size clients access to data security services provided from Trustwave.

P.F. Chang's China Bistro Inc., a chain of Asian-themed restaurants, said it's investigating whether it was the target of a data breach following a report that stolen customer data had appeared online.

Nearly four years ago, business owner Andy Brice decided to switch to a more expensive provider for payment processing.

The House approved a bill Monday evening to modify the calculation of certain "points and fees" under the Consumer Financial Protection Bureau's qualified mortgage rule.

WASHINGTON — For the first time in weeks, both chambers of Congress are in session, and they're taking a hard look at regulatory relief efforts.

WASHINGTON — As NCUA sifts through more than 2,000 comment letters on the risk-based capital proposal, CUNA and NAFCU hope the agency pays close attention to a letter the regulator received Wednesday from leaders of the Senate Banking Committee.

MasterCard has launched a new Shariah-compliant debit card in Malaysia.