Compliance

For the past two weeks, Visa, MasterCard and Discover have been meeting with each other and with regional debit networks to hammer out the business agreements necessary to route debit transactions on EMV-chip cards in the U.S.

WASHINGTON – The Senate this evening finally voted to confirm Richard Cordray to a five-year term as director of the Consumer Financial Protection Bureau, 17 months after President Obama bypassed intransigent Senate Republicans and appointed Cordray to an abbreviated recess appointment

Jumio's Mobile Consumer Habits study is grabbing headlines and laughs for revealing that 9% of U.S. adults admitted to using their smartphones during sex — but the survey's other findings have more serious implications for the future of mobile payments.

Have you ever imagined starting your own bitcoin exchange? Soon, Vancouver-based Bex.io will make that possible by deploying exchange functionality under a Software as a Service (SaaS) model.

Fraudsters are upping the ante in their pursuit of payment data by creating spoofed sites that look so real they even include localized language settings and drop-down menus to dupe consumers into turning over credentials.

Kipochi, an African online service launched this month, is looking for a way to connect the digital currency Bitcoin to M-Pesa, Kenya's widely-used mobile payments system.

Businesses that provide payments services to companies that collect or use consumer data should closely watch the FTC’s recent lawsuits against two processors and fully assess the legal risks that might be associated with their business relationships.

Capital Services plans to begin offering its internally-used suite of payments, consumer and portfolio management tools to a broad market of financial players.

Payments and marketing are getting closer than ever, and several companies are blurring the line between where the payment ends and where the pitch begins.

JPMorgan Chase, reporting a 31% increase in its second-quarter net income driven by investment banking, also reported that its credit-card business is stabilizing.