Regulation

A new Jack Henry program can speed EMV-chip card migration for card issuers by up to a year — but only for credit cards, since ongoing legal issues hamper the use of EMV for debit cards.

The Justice Department has subpoenaed documents from what was Wall Street's largest mortgage due-diligence firm as it ratchets up an investigation into bank actions in the years before the financial crisis.

The Federal Reserve Board has released Raton Capital in Raton, N.M., from an enforcement action.

Merchants will be better off with a multibillion-dollar price-fixing settlement with Visa Inc. and MasterCard Inc. over swipe fees than they would be if they went to trial, a court appointed expert said.

Bank regulators, enforcement authorities and legislatures in key countries will have to work together to enforce Basel's well-meaning guidelines related to money-laundering and terrorism financing.

The banking industry earned a record profit for the second straight quarter as growth in noninterest income continued to make up for a slow recovery in the lending sector, the Federal Deposit Insurance Corp. said Thursday.

Incremental gains in women's progress are no longer a sufficient substitute for meaningful change.

The Financial Crimes Enforcement Network, by hosting the Bitcoin Foundation in Washington D.C. this week, demonstrated its commitment to learning more about the disruptive virtual currency.

Virtual currency operators in Idaho are subject to state money transmission laws if they service Idaho residents, according to a letter from Jim Burns, investigations chief at the Idaho Department of Finance.

Unity disclosed in a regulatory filing Wednesday that it paid the Treasury Department $2.7 million to repurchase a warrant to buy about 765,000 shares of common stock.