Legal & Regulation

Legal & Regulation
ITBIT Hires First Chief Compliance Officer for Digital Currency
May 09, 2014

The digital currency exchange hires its first Chief Compliance Officer from PayPal and new Director to focus on U.S. operations.

Cross-border Payments
New CEO Seeks Client Stickiness From Shift In Global Cash Access’ Sales Strategy
May 07, 2014

Instead of concentrating sales on individual products, Global Cash Access has begun bundling its products aided by a kiosk under a strategy change for the gaming cash-access specialist implemented by new CEO Ram Chary. Chary replaced David Lopez as the company’s leader in January and...

Legal & Regulation
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...

Cybersecurity
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.

Legal & Regulation
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...

Legal & Regulation
Payments Processors Refusing NJ Igaming Deposits
May 05, 2014

Many transactions are not being approved on the online site.

Legal & Regulation
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.

Cybersecurity
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.