Compliance

ID Analytics Inc. wants to make sure banks know when a fraudster has taken over an account and is trying to go wild with card payments or money transfers.

EMV chips improve security over magnetic-stripe cards, but they have not been easy to implement. Years ago, a Forrester analyst said "the U.S. is going to adopt EMV in about the same way the U.S. adopted the metric system — somewhere between kicking and screaming and not at all." What have been the biggest hurdles?

Migrating to EMV does not mean card issuers have to do away with their instant-issuance systems.

ATM operators have a lot at stake in the fallout of a federal judge's ruling last week that the Federal Reserve Board needs to review the debit fee caps and network routing mandates set under the Durbin amendment.

The Payment Card Industry Security Standards Council is making its security standards available on a Russian-language microsite as part of a move to promote data security in Russia.

The Visa Ready Program has approved Swiff, SCCP Group's chip-and-PIN mobile payment acceptance technology.

Bill.com is using its business payment technology to help users determine when and where to ask for additional security information, a move designed to spot vulnerabilities that require extra protection.

Launched in April 2010, Think Computer Corp.'s FaceCash application signed up 25 Bay Area merchants and 500 consumers to use its novel technology, which combined mobile bar code scanning and photo identification. Then regulators put it out of business.

A federal judge ruled that bitcoins are “a currency or form of money” and therefore subject to relevant U.S. laws in a case against a Texas man accused of creating a fraudulent Bitcoin hedge fund.

Meracord is allowing businesses to leverage its money transmitter platform and state license portfolio, a move to help startups navigate the complex and expensive regulatory environment surrounding transmitting funds.