Unveiling a series of proposed new virtual currency regulations for New York state—which will likely be copied by other states and potentially federal regulators as well—Benjamin M. Lawsky, the superintendent of the New York State Department Of Financial Services, said that virtual currency startups need...
Five retail trade organizations including the Food Marketing Institute, National Association of Convenience Stores, National Grocers Association, National Restaurant Association, National Retail Federation and the Retail Industry Leaders Association have written to the United States Comptroller of Currency and the Senate Banking Committee to clear...
When breach notification letters become as common as holiday cards and promotional flyers from the local grocer, they tend to lose any impact. That’s the concern being raised following poll results released Wednesday (Dec. 17) from the Wall Street Journal and NBC News that showed...
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A Virginia bank quickly shut off the ability of many of its customers to withdraw money from ATM machines after skimming devices were found in some ATMs and at local gas stations, according to the Richmond Times-Dispatch. Get the Full Story Complete the form to...
When a federal banking regulator insists that a bank official handed over data under investigation, what obligation does that regulator have in protecting that data? That’s what the Palm Springs Federal Credit Union is asking, after a flash drive containing member names, addresses and Social...
When it comes to electronic card payments, driving demand among consumers and businesses can take a great deal of innovation, says Eric Mettemeyer, CEO of Store Financial. And B2B supplier virtual cards are seeing the most velocity and activity, he says, because there continues to...
Never mind NFC and EMV — a team of Dutch researchers claims to have harnessed the power of quantum mechanics in a way that could make payment card fraud a thing of the past, Finextra reported on Tuesday (Dec. 16). Get the Full Story Complete...
Park ‘N Fly’s tagline—”More Than Just Parking”—was proven quite correct Tuesday (Dec. 16) when its customers were also given a large payment data breach, according to a report from Krebs On Security. Get the Full Story Complete the form to unlock this article and enjoy...
