Compliance

SmartMetric Inc. is launching a Bitcoin card protected with biometric fingerprint authentication. The card can be used as offline storage for bitcoins, but in the future it might also be used for payment.

MasterCard's recent commitment to its U.S. EMV-chip card migration timeline is only one piece of the puzzle. Now, all eyes are on Visa to see if it will support or counter its rival's move.

Target Corp., the second-largest U.S. discount retailer, cut its U.S. unit’s fourth-quarter forecast and said the recent security breach affected more people and more information than previously thought was taken.

PulseWallet, a biometrics payments provider, is again touting its payment and authentication device, but it must overcome a sudden emergence of competitors that is also trying to breathe life into an idea that has had spotty success in the market.

The European Commission is sticking to its original Single Euro Payment Area migration deadline of next month, but is establishing a grace period of an extra six months for banks and businesses struggling to make the switch to euro payment formats.

JPMorgan Chase is seeking a buyer for its corporate payroll, tax refund and health-savings prepaid card business.

The Consumer Financial Protection Bureau may consider expanding exemptions for credit unions and small lenders from its new qualified mortgage rule, depending on how the rule actually impacts the industry.

American Express Co. said it's appealing a federal judge's order approving Visa Inc. and MasterCard Inc.'s $5.7 billion settlement that ended years of litigation with U.S. merchants over allegations that credit-card swipe fees are improperly fixed.

After nearly a year of debate, comment, complaining and preparing, the Consumer Financial Protection Bureau's Ability-to-Repay and Qualified Mortgage Standards Rule will finally go into effect Friday.

AJB Software Design Inc. has helped J. Crew, an American specialty retailer, integrate EMV-chip card acceptance into its stores in Canada. And with the EMV migration deadline approaching in the U.S., the middleware provider expects more business.