Compliance

One of the two banks suing retailer Target and security vendor Trustwave in connection with the retailer's high-profile data breach has backed off.

2Checkout has developed a hosted online and mobile payment processing system that can plug into a merchant's existing e-commerce site.

Even the biggest success stories in mobile payments have skeletons in their closets. But each company learned from its mistakes and was quick to adapt.

Many times, it seems, the best way for a company to learn whether it was compliant with the Payment Card Industry data security standard is to experience a data breach.

The recent IRS ruling on how Bitcoin and other virtual currencies are taxed brings the U.S. in line with regulations in Canada, Australia, Finland, Norway and Sweden.

Russian President Vladimir Putin has called for a national payment system, according a report of an address he delivered Thursday to the Russian parliament.

WASHINGTON — Credit union executives are growing more dissatisfied with the examination process, according to the latest numbers from CUNA on CEO exam satisfaction.

A road map for regulation of virtual currency is beginning to emerge as more states appear willing to issue licenses for entities offering exchange and other services.

EMV-chip technology has driven down fraud on Canada's Interac debit network, but that fraud isn't moving online. It's fleeing the country.

Lawmakers keep trying to move legislation aimed at strengthening data security even if they are still not finished upbraiding retailers for recent breaches.