The latest revelations about the National Security Agency confirmed what many in the payments industry had long suspected: the agency is watching electronic transactions along with communications.

Kiind, a business-to-business rewards startup, is the latest to offer a gift card platform in which senders don't pay for the gift until the recipient uses it.

ARLINGTON, Va. – A new survey by NAFCU found that 24.5% of credit unions believe the NCUA examination process is better than it was in the past – twice as many (12.2%) as those who believe the process is worse.

The U.S. Consumer Financial Protection Bureau said it will police employer usage of payroll cards to ensure workers don’t face hidden fees or other abuses.

The antitrust complaint against Visa Inc. and MasterCard Inc. will continue, prolonging the eight-year battle, after both proponents and defendants were heard during the fairness hearing Sept. 12.

Payments technology company TIS will work with SAP to streamline Single Euro Payments Area [SEPA] compliance.

If you stop by bar Room77 in Berlin's Kreuzberg neighborhood for a beer, you can leave the euros in your wallet and instead pay with the digital currency Bitcoin—a growing phenomenon in Germany and other countries that are changing their views on the currency.

JPMorgan Chase & Co. may settle regulators’ probes into the bank’s credit-card debt collection practices and sales of identity-theft products as early as next week, said two people with knowledge of the matter.

WASHINGTON -- The Justice Department and federal regulators will help clear the way for credit unions and banks to transact business with the legitimate marijuana industry without fear of prosecution, Deputy Attorney General James Cole told Congress yesterday.

As more financial institutions and other companies turn to cloud-based services to maintain customer contact centers, Echopass Corp. says it has strengthened its position to assure data handled in those centers remains secure.

U.S. District Judge John Gleeson has an opportunity this week to put an end to an antitrust complaint against Visa Inc. and MasterCard Inc. that dates back to 2005. But the courtroom battle may continue past the Sept. 12 fairness hearing.

Buttercoin wanted to be a Bitcoin exchange, but after being discouraged or outright rejected by over 76 financial institutions, it chose a different path.

California’s legislature has voted to reform a money-transmission law that has come under fire for stymying payments innovation.

NCUA last week warned credit unions about advertising that anyone can join, without limitation, saying such an offer may be in violation of laws and regulations.

One day after six federal agencies issued a notice revising a proposed rule requiring sponsors of securitization transactions to retain risk in those transactions, insiders questioned if the changes do much to help credit unions.

There isn't a credit union in the country that isn't aware of the never-ending need to comply with ever-growing rules and regulations. In our July 29 issue, Credit Union Journal provided more than a dozen perspectives aimed at providing assistance and direction with compliance. In this issue, the Journal offers additional viewpoints designed to do the same.

The new remittance transfer rules that take effect Oct. 28 bring with them some tough decisions for credit unions-especially those falling just outside the guidelines, reports CUNA Mutual Group.

New guidelines make it imperative that CUs pay close attention to how they handle garnished accounts that receive federal benefits, reminds Wolters Kluwer.

While check usage may be on the decline, the amount of charge-offs due to check fraud is not, and one person says that Reg CC remains a chief compliance hurdle.

All the attention may go to new regulations, but one person is reminding that CUs must continue to monitor some older threats associated with Reg E.