Authorities globally have taken a wide variety of positions on the regulation of digital currency, making it hard for payment industry players to provide technology that will support digital currency transactions.
Following on high-profile data breaches originating at POS terminals, the Obama Administration is reportedly taking measures to ensure the security of electronic benefits payments data.
A rights activist is petitioning Nigeria's federal court to rescind an order that reversed a 2012 ban on foreign fees.
The emergency rule precedes planned amendments that will require semiannual reporting of security compliance at institutions' ATM facilities.
The new ATMIA manual advises deployers on security governance; software operational policies; threats to ATM networks; payments security and more.
The agreement allows CU24 to route EMV card transactions bearing the MasterCard U.S. common application identifier over its payments network.
The bill would impose a penalty of $1K per day for failing to disclose the fee in a prominent on-screen notice and allow the consumer to opt out of the transaction.
Russia develops a bill establishing penalties for use and generation of virtual currency such as Bitcoin.
The court overturned rulings that had held NCR 100 percent liable for cleanup costs related to the production of carbonless copy paper from 1954 to 1972.
The association contends that competition between payment networks is eroding due to the unintended consequences of the Durbin Amendment.
Under the country's strict anti-money laundering laws, any cryptocurrency transaction is a punishable offense.
Ten months after a woman was nearly killed by a machete-wielding assailant in Bangalore, many ATMs still lack CCTV cameras and able-bodied watchmen.
Institution does not believe Bitcoin poses a risk to financial stability in the UK.
A representative from the Fed will present a draft of the forthcoming study in a Town Hall meeting this Thursday at the ATM & Mobile Innovation Summit in Washington, D.C.
The rule requires that the recipient be able to make an initial withdrawal of the entire amount due without delay or cost.