Regulation

News
Holder: No Such Thing As “Too Big To Jail”
May 06, 2014

In reference to charges that federal prosecutors are bring against two European banks, Attorney General Eric Holder said publicly Monday that no company is “too big to jail.” Federal authorities are investigating BNP Paribas for allegedly processing transactions that violate U.S. sanctions and Credit Suisse...

B2B Payments
Jordan And The World Bank Discuss Public Procurement Systems
May 06, 2014

Several ministers in Jordan and World Bank experts on Monday emphasized the need to finalize the unified procurement bylaw, which is currently being debated at the Opinion and Legislative Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Target CEO Steps Down After Data Breach
May 05, 2014

CEO Gregg Steinhafel has agreed to step down five months after the data breach compromised 40 million customers.

News
Bitcoin to Finance Politics?
May 05, 2014

Alderman Mark Clear became the Wisconsin’s first candidate to embrace bitcoin as a means to finance his campaign. 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...

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Payments Processors Refusing NJ Igaming Deposits
May 05, 2014

Many transactions are not being approved on the online site.

News
EMV Migration Forum Offers Solution for Debit Card Transition
May 01, 2014

This framework addresses the fundamental challenge faced by the U.S. debit payments industry: how to implement EMV for debit cards with the flexibility to meet compliance guidelines established by the Federal Reserve.

News
After Heartbleed Bug Only 39% of Adults in U.S. Changed Passwords
May 01, 2014

According to a study, many adults have yet to change their passwords after the security flaw.

B2B Payments
Cards, Regulation and Small Business Financing
April 30, 2014

Thirty percent of SMBs leverage business credit cards to finance their businesses. But the rules and regulations related to interest rates and APRs that protect consumers’ don’t apply to corporate cards. The result is a potentially devastating impact on the ability of SMBs to access...

Sunlot Moves to Halt Japanese Mt. Gox Liquidation
April 29, 2014

A group of investors is splitting the bitcoin community with their plan to halt the liquidation of Mt.Gox through a purchase of the bankrupt bitcoin exchange. The group, Sunlot, has received approval from its North American and European creditors for the controversial plan and is...