The war of words over whether the U.S. federal government should beef up regulation of retailers’ data security got another salvo from a credit-union organization last week, in a letter telling congressional leaders that retailers should be regulated like financial institutions. Get the Full Story...
Control of the money transfer system in the U.K. is changing hands. Going forward, the Payment Systems Regulator – a watchdog group set up as part of the Financial Conduct Authority to regulate Britain’s payments industry – will be running point on transfers, as opposed...
Following the recent declaration that international cyber threats constitute a “national emergency,” President Obama has declared that the U.S. will seek sanctions on those who launch cyberattacks on U.S. businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Uber filed a complaint against Spain with European Union regulators this week, charging that the country violated E.U. laws by banning some of Uber’s services, The Wall Street Journal reported on Wednesday (April 1). Get the Full Story Complete the form to unlock this article...
Verifone and Heartland Payment Systems are teaming up in the name of EMV. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The U.S. Food and Drug Administration is re-emphasizing that it will give plenty of regulatory leeway to health apps for the Apple Watch and other wearable devices, after the agency issued new guidelines last month, Bloomberg News reported. Get the Full Story Complete the form...
A new law passed in California that bans payment-card surcharges was ruled unconstitutional by a federal judge last week (March 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
American Express appears ready to fight to the bitter end for the right to control the terms of its merchant contracts — and that goes beyond a federal judge’s antitrust ruling in February that would allow AmEx-accepting merchants to suggest that customers use other, less...
The U.S. Justice Department’s Criminal Division has proposed streamlining the requirements for going after cyberthieves who sell payment card numbers issued by U.S. financial institutions, the department said in a blog post. Get the Full Story Complete the form to unlock this article and enjoy...
