Compliance

Virtual Piggy will deploy Kount's fraud management technology to provide payments security.

Oberthur Technologies is joining the Fast Identity Online Alliance as a member of the FIDO board of directors.

WASHINGTON-Credit unions remain leery about proposed federal guidelines for social media, saying-among other complaints-requirements to include disclosures on federal deposit insurance would take up too many of the 140 characters that Twitter limits for tweets.

MADISON, Wis.-As the Consumer Financial Protection Bureau wraps up implementing its voluminous mortgage rules in January, credit unions should not expect any respite from the compliance burden.

WASHINGTON-Though the first 24 months under the Durbin Amendment were not as difficult as many credit unions had predicted, what really has the movement concerned is the next two years.

Fort Smith Dixie Cup FCU staff pay attention to their membership and the transactions that flow through their office for signs of elder financial abuse.

Even though the U.S. payments industry's regulatory environment can be difficult for startups, there is plenty of investment being made in the market for new disruptive technologies.

Visa Europe has secured the services of Conferma to provide its issuing banks and payments partners with technology that can provide virtual account numbers for business travel customers.

Security can be an expensive, time-consuming investment for small merchants, and most have a mindset that security hacks won't happen to them. But independent sales organizations must take an active role in protecting even the merchants that don't want to be protected.

The Chinese market has long been tough for foreign companies to break into, but over the past five years the cultural and political environment has changed in a way that presents some fresh possibilities.