Regulation

Will the Fed Follow The States’ Lead In Passing Data-Breach Legislation?
April 10, 2014

Currently 46-states have passed data-breach legislation and New Mexico is heading toward being the 47th. 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,...

News
Australian Officials Call For Clear Regulation Of Credit Card Fee Charges
April 10, 2014

Australia’s Security and Investment Commission (ASIC) has recently publicized concerns that businesses are overcharging for credit card transactions because policing such behavior has slipped between the cracks between two regulatory bodies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
Beware Virtual Currency’s Criminal Appeal Warns AG Holder
April 09, 2014

Speaking before a Congressional panel yesterday, U.S. Attorney General Eric Holder told the assembled that bitcoin, and other virtual currencies like it, represent new risks when it comes to money laundering and other criminal pastimes. Get the Full Story Complete the form to unlock this...

Mt. Gox CEO Faces Likely U.S. Arrest
April 09, 2014

Embattled bitcoin exchange CEO Mark Karpeles has been ordered by a federal judge to appear in Dallas on April 17 to explain how his company lost at least $400 million worth of customer deposits. Get the Full Story Complete the form to unlock this article and enjoy...

News
Retailers Could Soon Be Liable For Hacking Damages In California
April 07, 2014

A bill is making its way through the California state legislature that would make companies like Target liable for damages after successful cyber-attacks against their system expose customer data.  Currently banks and credit card companies are on the hook for customer financial losses as a...

Alternative Finances
Will Louisiana Send Prepaid Packing?
April 07, 2014

Yet another state, Louisiana, is looking to convert plastic back to paper, at least when it comes to how tax refunds are distributed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

News
Bank Of America Considers $800M Settlement In Credit Card Case
April 04, 2014

Bank of American is in talks with the Consumer Financial Protection Bureau (CFPB) to settle allegations that the company misled consumers in purchasing credit products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

News
Citigroup To Face Criminal Inquiry
April 03, 2014

Federal investigators have opened an inquiry into Citigroup’s Mexican unit, over a recent a $400 million fraud case. 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...

News
Visa Debit EMV Will Run Over NYCE Network
April 03, 2014

EMV adoption has taken another giant step toward advancement with the announcement that a licensing agreement to make the Visa EMV debit available to all NYCE network participants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...