Compliance

Jumio is working with the European Bitcoin exchange Safello to provide faster verification of customers.

The NCUA is fully aware of credit unions' concerns about its proposed risk-based capital rule, including discretionary examiner authority to set capital standards and the rule's impact on some shops' business lending.

Visa Inc. and MasterCard Inc. have about six weeks to decide whether a new Russian law requiring them to pay hundreds of millions of dollars to operate in that country is worth the cost. For now, Visa's answer is nyet.

As consumers get more comfortable with biometrics, the technology could have more uses for payments and other financial transactions.

LifeLock Inc. has temporarily pulled its LifeLock Wallet app off the market to address security issues.

WePay's decision to halt a crowdfunding initiative for an adult film actress struck a nerve as payments companies are seen distancing themselves from people in the adult entertainment industry.

ALEXANDRIA, Va. — As comment letters on the proposed risk-based capital rule flood into NCUA, the agency said it may consider delaying the rule's effective date.

Users of new technology often invite derision—Google Glass wearers are "Glassholes," iPhone devotees are "iSheep"—and mobile wallet users may soon be the next target of such ridicule.

Old-school payments networks are looking for ways to speed their pathways. Tech companies are looking to blaze new trails. In the end, however, all roads lead back to one issue — security.

ROYAL OAK, Mich. — NCUA's proposal to amend the agency's chartering and field of membership rules could slow indirect lending at some credit unions, say industry insiders.