The Federal Trade Commission has proposed additions to the Telemarketing Sales Rule that could have unintended consequences for the underbanked.

Fallon Community Health Plan will implement PaySpan's automated payments platform for enrollment, reimbursement and other transactions in line with new rules tied to the Affordable Care Act.

As many as 30% of merchants bailed out on their Payment Card Industry data security test because they didn't have time or didn't understand it, ControlScan says. The vendor aims to improve the process by suppressing irrelevant questions and putting the easiest questions first.

In the race to provide consumers with identity verification tools that are simple and easy to use, it's in everyone's best interest to ensure that businesses are not sacrificing data security in the process.

The New York State Department of Financial Services issued subpoenas to 22 emerging payments players, including many that handle the digital currency Bitcoin, demonstrating that new payments models have not yet found their place in the eyes of the law.

VeriFone has begun outfitting on-board payments systems on New York City's new street-hail livery cars.

SACRAMENTO, Calif. – A federal court on Friday ordered the forfeiture to the Drug Enforcement Administration of $67,000 in a Golden 1 CU account held by the owner of a legal marijuana dispensary, but allowed the member to keep $34,000 of the $101,600 seized a year ago.

Should new credit union examiners spend time working inside CUs before going to work for their respective regulators?

Migrating to EMV does not mean card issuers have to do away with their instant-issuance systems.

ATM operators have a lot at stake in the fallout of a federal judge's ruling last week that the Federal Reserve Board needs to review the debit fee caps and network routing mandates set under the Durbin amendment.

The Payment Card Industry Security Standards Council is making its security standards available on a Russian-language microsite as part of a move to promote data security in Russia.

The Visa Ready Program has approved Swiff, SCCP Group's chip-and-PIN mobile payment acceptance technology.

Launched in April 2010, Think Computer Corp.'s FaceCash application signed up 25 Bay Area merchants and 500 consumers to use its novel technology, which combined mobile bar code scanning and photo identification. Then regulators put it out of business.

A federal judge ruled that bitcoins are “a currency or form of money” and therefore subject to relevant U.S. laws in a case against a Texas man accused of creating a fraudulent Bitcoin hedge fund.

Meracord is allowing businesses to leverage its money transmitter platform and state license portfolio, a move to help startups navigate the complex and expensive regulatory environment surrounding transmitting funds.

NASHVILLE – A prolific plaintiffs’ lawyer who has filed more than 100 suits against credit unions and banks over provisions of the Americans With Disabilities Act requiring all ATMs to be accessible to the sight impaired added another seven ADA actions Monday, including six filed here in federal court.

ATLANTA – The Georgia Department of Banking and Finance has exempted any overdraft fees charged by credit unions on deposit accounts, including check, debit card or ATM transactions, from the state’s maximum allowable interest rate, known as the usury restriction.

Even if the Federal Reserve Board does not backtrack sharply on its debit-fee cap as a result of last week's court ruling, the legal battle has created fresh uncertainty that may have some U.S. issuers questioning their long-term strategy.

OMAHA, Neb. – A federal appeals court on Friday overturned a lower court ruling and reinstated an ATM fee disclosure suit against Mutual First FCU, one of more than 100 suits that appeared resolved before last year’s bill eliminating one of the two fees disclosures.

The payments industry was thrown for a loop when a judge struck down the Federal Reserve Board's cap on debit interchange fees. It was the latest twist in a long-running saga that is far from over.