Compliance

SmartMetric plans to introduce a facial identification feature to its biometric payment cards within the next six months.

This rise in data breaches and their resulting cost have companies asking “Am I doing enough to protect my data?” As breaches are expected to continue escalating, taking the proper steps to protect your data has never been more relevant or important.

Visa has created a new top post overseeing risk and public policy and named its next general counsel.

Retailers have been entangled in a legal showdown with Visa and MasterCard over swipe-fee rates for nine years now, and despite the approval of a $5.7 billion settlement in December, the battle is far from over.

PayPal is recommending that some businesses upgrade their Payflow Gateway integrations to eliminate the risk of vulnerability associated with the widespread Heartbleed bug.

WASHINGTON — The Internal Revenue Service has backed down in its dispute with the credit union community over unrelated business income tax and cleared almost all CU products at stake in related litigation.

Prepaid program managers face a much different set of considerations than banks do when deciding how to deploy EMV-chip cards in the U.S.

Financial technology firm Fiserv has developed new anti-fraud systems for automated clearinghouse and wire payments.

WASHINGTON — NCUA General Counsel Michael J. McKenna told the House Financial Services Committee Tuesday that 70% of new rules put in place by the agency since last January have provided regulatory relief to credit unions without incurring additional costs.

A lot of merchants may not realize that they are using point of sale technology that runs on Windows XP, which Microsoft will no longer support after April 8.