Compliance

TEMPLE, Texas -- NCUA's warning that it will fine credit unions filing late call reports by as much as $1 million per day is drawing support as well as criticism from industry leaders, with one executive describing the agency as "tone deaf."

Danish payments manager Pensio and London-based fraud prevention provider ReD have partnered to offer a fraud screening service to Pensio's merchant clients.

Total System Services has developed a product that allows consumers to control their card accounts from smartphones or computers.

DES MOINES, Iowa -- When it comes to compliance, fraud and risk, CUs this year should pay closer attention to their card rewards programs, how loans are being serviced and ramifications from data breaches.

Starbucks has released an update to its mobile app that's designed to enhance security following reports of vulnerabilities related to how its app stores passwords.

NCUA's recent warning that it will fine credit unions for filing late call reports by as much as $1 million per day is drawing support as well as criticism from industry leaders, with one executive describing the agency as "tone deaf."

American Express has escaped serious harm from the recent and massive Target data breach, CFO Jeff Campbell told investors.

A Virginia congressman is seeking a law that would provide consumers with prepaid card fee disclosures they can easily understand. But the industry doesn't operate in a one-size-fits-all manner.

Starbucks is reportedly storing mobile app users' passwords in a manner that makes them accessible to a hacker with access to a user's phone, creating potential security risks that could erode consumer confidence in mobile payments.

ALEXANDRIA, Va. -- NCUA wants to make sure credit unions file their call reports on time, stating in a new letter that late filers could face a $1 million-per-day fine from the agency for each day the call report is late.