The Federal Kingpin Act and What It Means For You
American companies need to be more vigilant than ever when doing business in Panama or dealing with Panamanian firms. That’s the word from the U.S. government, which is cracking down…
Browsing Category
Compliance
56 posts
Report Seeks to Inform Online Payday Loan Rule Making
In response to the Great Recession, enhanced government oversight and reporting requirements have tightened restrictions on the lending practices of the traditional financial community. For borrowers who can no longer…
HIPAA and the EMV Card Transition
America’s entire financial sector is experiencing an upgrade as the country switches to EMV chip cards. The EMV chip is touted to be the newest layer of card security and…
Student Loan “Payback Playbook” Revolutionizes How America Pays for Higher Education
In late April, the Consumer Financial Protection Bureau (CFPB) took a step toward reducing the growing national stress over student loan debt. In partnership with the Departments of the Treasury…
What Merchants Need to Know About Automatic Debits
The Consumer Financial Protection Bureau (CFPB) has turned its attention to the payments industry of late and recently focused on recurring automatic debits in particular. In November of 2015, CFPB…
Multifactor Authentication Adds Strength to Updated Credit Card Security Rules
Global credit card users will enjoy enhanced card data security, thanks to the recent update of PCI DSS standards. On April 28, 2016, the Payment Card Industry (PCI) issued Data…