Compliance

The central bank is floating the concept of using the Internet to facilitate the direct clearing of transactions between financial institutions, which would likely diminish its own role in the U.S. payment system.

There's an almost endless list of reasons for payment companies to avoid doing business in Russia, but the opportunities are just as vast.

In unusually expansive comments, Consumer Financial Protection Bureau Director Richard Cordray provided new details Tuesday about proposals due soon from the agency while offering insights into an internal battle over easing a key mortgage rule.

The Senate Banking Committee's first look at regulatory relief for small institutions provided key insights into how the panel is likely to tackle the topic legislatively this year, suggesting it could be a long and contentious debate.

WASHINGTON — U.S. Sens. Jerry Moran (R-Kan.) and Heidi Heitkamp (D-N.D) have introduced a bill aimed at alleviating the regulatory burden related to privacy notices.

The creation of a new cybersecurity agency is the latest move by the Obama Administration to combat the increasing threat of cyber-attacks.

Mozido LLC is buying its way into China, giving it a head start as big companies like Apple also eye the country's payments market.

U.S. gas stations can wait until October 2017 to begin accepting EMV-chip cards or face the consequence of an increase in fraud liability, but there's already concern that the work at gas pumps could stall.

The Office of the Comptroller of the Currency is trying to send a clearer message to banks about potential red flags by removing low-level recommendations from its exam reports.

ALEXANDRIA, Va. — NCUA is seeking comment on the list of regulations it will review in 2015 as part of its three-year regulatory review process.

Thirty-four percent of merchants interviewed late last year for an Aite Group research report on EMV readiness had never heard of the U.S. migration to EMV-chip payment cards, despite the fast-approaching October 2015 deadline set by the card networks.

The head of the Federal Communications Commission is pushing hard against charging fees for faster Internet access, a stance that's a relief to businesses like Dwolla that use the Internet to develop and deliver payment services.

A federal judge has upheld a Texas law that bars the state's retailers from charging an additional fee to customers who pay with a credit card.

The New York Department of Financial Services has published revisions to the agency's proposed framework for regulating virtual currencies.

Banks stayed away from construction lending for years after it collapsed and contributed to the financial crisis. But low interest rates and other factors have gotten some developments off the ground, leading to construction lending's comeback.

The expiration of the federal Protecting Tenants at Foreclosure Act leaves servicers dealing with a patchwork of state laws and investor rules, while renters living in REO properties are at a greater risk of eviction.

An SEC fine of a Pennsylvania bank over an accounting matter from more than five years ago raises questions about how long community banks should be on guard about challenges to their conduct during the financial crisis.

The New Jersey Assembly is weighing whether to pursue legislation that would make the state a haven for digital currency businesses.

The New Jersey Assembly is weighing whether to pursue legislation that would make the state a haven for digital currency businesses.

Stephen Platt, regulatory investigations consultant and author of "Criminal Capital: How the Finance Industry Facilitates Crime," explains his misgivings about the idea of a shared know-your-customer registry for the industry.