While the Code of Hammurabi is best known for the “eye for an eye” proclamation, it also deserves credit for being the first recorded instance in history where money was formally recognized as a tool of civil society. While less eye-catching than the retributive justice part,...
Target will pay a total of $10 million to customers who were victimized by the retail chain’s massive payment data breach in 2013, the Associated Press reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Another day, another breach – this time another health care services provider. Premera Blue Cross disclosed earlier this week that their network has been hacked, leaving the financial and medical records of 11 million customers at risk. Also in the deja vu theme: once again...
Innovation Project 2015 heads into Day 2 today (March 19), as Day 1 wrapped up a series of stimulating conversations focused on this year’s theme of “Innovation At The Intersections.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The U.K. government plans to impose anti-money laundering (AML) regulations on bitcoin exchanges, beef up law-enforcement capabilities for spotting criminal use of digital currencies, and work with the digital currency industry on consumer protection standards, according to a British Treasury report issued this month. Get...
The Federal Reserve is launching a pair of new task forces to get its real-time payments effort moving, more than two years after it began working on the initiative, according to a post on the Fed Payments Improvement blog. Get the Full Story Complete the...
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) should let banks share their reports of suspected money-laundering activity with their foreign branches and affiliates, payments association The Clearing House argued in a letter to FinCEN on Friday (March 13). Get the Full Story Complete the...
It’s official: Windows 10 will let users log in using facial recognition, an iris scan or a fingerprint, Microsoft announced on Tuesday (March 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Banking data-security regulations would be a “poor fit” for retailers and other businesses that accept payment cards, the National Retail Federation said in a letter to a group of U.S. senators, according to The Hill. Get the Full Story Complete the form to unlock this...
