Compliance

OLYMPIA, Wash. -- The high-profile addition last year of Washington and Tennessee to the ranks of states that allow some credit unions pay to board members reignited a debate that continues -- is it a good idea or a bad idea?

Knab, a branchless bank based in Amsterdam, is aiming to attract 250,000 customers by 2017 through the promise of smoother payments.

Yapital Financial AG has signed a five-year agreement with security and payment gateway provider ReD to deliver fraud protection services for its European payment system.

Target Corp., still reeling from a security breach that exposed the personal information of tens of millions of customers, is seeking a new top technology executive to help prevent future attacks.

Visa Inc. is deploying a classic fraud prevention model to combat the growing sophistication of prepaid card fraud.

As evidenced by recent high-profile data breach incidents at major retailers , keeping payment data secure in today’s world is an increasingly complex challenge.

ALEXANDRIA, Va. -- Even though NCUA warned credit unions they could face fines up to $1 million a day for filing late call reports, the agency said Wednesday that hundreds of CUs are still tardy.

Flexcoin, a Bitcoin bank, was forced to shutdown after hackers stole 896 units of the digital currency, the Guardian newspaper reported.

Citadel EFT, a credit card processing firm, announced March 4 that it is exploring ways to allow state-licensed marijuana businesses to accept electronic payments from their customers.

A group of major banks have agreed to collaborate on a centralized know-your-customer registry with the financial messaging service Swift.