Compliance

Allied Wallet is developing new payment technology that allows users to identify themselves by using an add-on fingerprint sensor, and also plans to build biometric acceptance for merchants.

Just as U.S. policymakers are taking a more supportive approach to Bitcoin and other virtual currencies, countries that have taken a hands-off approach may soon weigh in with regulations that mirror those of the U.S.

The Chinese online payment provider Alipay has added a number of security products from CyberSouce, a Visa-owned e-commerce management provider.

As a fast, low-cost payment system, Bitcoin provides healthy competition for legacy banks. It's also a bulwark for financial privacy and freedom of speech.

The Department of Justice and Securities and Exchange Commission are telling a U.S. Senate committee that Bitcoins are legitimate financial instruments, boosting prospects for wider acceptance of the virtual currency.

GrowLife, a company that serves the legal cannabis industry, has developed kiosk-based retail point of sale software.

The central bank is making clear it has doubts about the private sector's ability to implement a faster electronic payments system on its own.

Just as legal online gambling gets started in the U.S., banks and payment processors are refusing to play.

BEAVER, Pa. — WEST-AIRCOMM FCU currently plans to continue business as usual with its mortgage loans come January when the CFPB's QM rule goes into effect, despite the potential regulatory and legal risks involved.

The Federal Election Commission (FEC) has proposed allowing Bitcoin to be accepted as contributions for federal candidates in its draft guidance.