Compliance

New guidelines make it imperative that CUs pay close attention to how they handle garnished accounts that receive federal benefits, reminds Wolters Kluwer.

While check usage may be on the decline, the amount of charge-offs due to check fraud is not, and one person says that Reg CC remains a chief compliance hurdle.

All the attention may go to new regulations, but one person is reminding that CUs must continue to monitor some older threats associated with Reg E.

Credit unions need to pay close attention to member complaints as the Consumer Financial Protection Bureau is stepping up its focus here, looking for signs from consumers that their FI is engaging in unfair or deceptive practices.

The CFPB's new and forthcoming mortgage rules represent what one person called "the poster child for change" that FIs can expect in the coming year.

COMMERCE CITY, Colo. – Community Choice CU has signed with NeighborBench for the company’s cloud-based compliance solution.

Giesecke & Devrient says it has given Near Field Communication payments a significant boost by developing a SIM card on which several NFC applications can operate simultaneously.

Barnes & Noble, the biggest U.S. bookstore chain, won the dismissal of a suit over the “skimming” of customers’ PIN codes from credit-card readers at stores in New York, California and seven other states.

The recent court ruling on debit interchange fees should remind the payments industry how harmful the Durbin amendment is.

Seven card-issuing banks can sue Heartland Payment Systems Inc. for negligence stemming from the processor’s 2008 data breach, the 5th U.S. Circuit Court of Appeals ruled this week.