Compliance

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.

Despite regulatory and legal uncertainties that could affect the U.S. EMV chip-card migration, MasterCard Inc. is telling its acquiring banks and merchants that it intends to stick to its October 2015 deadline.

In his first major move as head of the agency that oversees Fannie Mae and Freddie Mac, ex-Rep. Mel Watt said Wednesday that he will delay a planned fee hike that would have raised the cost of most home loans backed by the government-sponsored enterprises.

Washington -- NAFCU said Tuesday that it has added three attorneys to its team of regulatory compliance counsels to better enhance service and bolster assistance to members "as regulations continue to roll out."

ALEXANDRIA, Va. -- NCUA released its Share Insurance Estimator Tuesday, a redesigned version of the agency's E-Calculator.

The Target Corp. data breach just before the holiday shopping season triggered another round of rhetoric on the merits and shortcomings of chip-based cards. But the breach's direct effect on merchant EMV plans is largely up in the air.

Taiwan's Financial Supervisory Commission is barring Bitcoin ATMs because the country's regulatory body views Bitcoin as a false currency that should not be used by people or banks for payments.

A computer glitch at PNC Financial last week delayed overnight processing for some customer transactions.