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...
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...
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...
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...
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...
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...
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...
Trustmark National Bank and Green Bank N.A. have dropped their lawsuit against Target and its security assessor, Trustwave Holdings Inc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Ross Ulbricht, who stands accused of running the Silk Road black market under the name “Dread Pirate Roberts” says a new IRS ruling that bitcoin is not a currency nullifies at least some of the charges against him. Get the Full Story Complete the form...
