Compliance

ALEXANDRIA, Va. – NCUA on Thursday announced a realignment of the agency’s regional supervision of federally insured credit unions in nine states, effective Jan. 1, 2014.

ALEXANDRIA, Va. – The NCUA Board at next week’s monthly meeting will discuss proposed standards for assessing the diversity policies and practices of credit unions.

Royal Bank of Canada chose to store data in the cloud, rather than use the mobile phone's secure element, in a mobile payment system it plans to launch this year.

Notwithstanding recent media criticism, there is little doubt that these products offer a better alternative for unbanked and underbanked consumers who would otherwise use a cash-based system to manage their finances.

Three weeks after completing a mobile payment development agreement with China Mobile, the China UnionPay card brand has signed on eight banks to launch a contactless mobile payment system in Shanghai.

After years of government and telco-backed testing of contactless mobile payments in France, a major bank is ready to provide a significant boost to the country's Near Field Communication project.

American Express does not expect the discount rate it charges merchants to fall under the jurisdiction of regulations being considered by the European Union to place caps on interchange fees.

AUSTIN, Texas – The Texas CU Department on Wednesday said it will start telling state chartered credit unions their state CAMEL code beginning in September.

Heartland Payment Systems will use Alaric's Fractals fraud prevention and detection product to monitor the 300 million card transactions it processes each month.

Banks and payment card providers would face caps on the transaction fees they can demand from retailers under European Union plans to rein in charges that have been attacked by regulators as anticompetitive.