Compliance

Apple will refund about $32 million to consumers after the government alleged the company charged minors for mobile app purchases without their parents' consent.

The EMV Migration Forum has recruited a test group of merchants, retailers and issuers to begin handling EMV-chip cards in Orlando, Fla., early to spot and fix problems before the card networks' deadline of October 2015.

Identification card manufacturer Datacard Group has completed its acquisition of digital identity and information firm Entrust.

JPMorgan Chase & Co. said it replaced 2 million payment cards after the breach of consumer data at retailers including Target Corp.

Heartland Payment Systems has partnered with AJB Software Design to offer security-related technology and services.

WASHINGTON -- The industry's two largest trade groups are telling Congress Tuesday credit unions need relief from the Consumer Financial Protection Bureau's qualified mortgage rule because of high compliance costs and restrictions on serving members.

ARLINGTON, Va. -- NAFCU wants to see some changes in proposed Automated Clearing House rules.

Credit unions across the nation are moving up their EMV conversion timelines, considering more class action lawsuits against Target Corp. and calling on Congress to create rules requiring greater payment data security from retailers.

WASHINGTON -- The Target Corp. data security breach and now the Neiman Marcus cyber attack have NAFCU asking NCUA to partner with the Federal Trade Commission and other regulators as new rules are made to ensure the safety of data security systems.

Neiman Marcus Group Ltd. said Jan. 10 that some unauthorized purchases may have been made with customer cards, the second retailer after Target Corp. to be struck by hackers during the important holiday season.