Nigeria's apex bank has reversed itself once again as the government tries to realize its vision to become cashless (or, at least, less cash-driven) by 2020.
Security guidance for ATMs is one of several projects proposed for consideration next year by the PCI Security Standards Council.
Manhattan got its first Bitcoin ATM this week, as did Dallas. But surprisingly, neither of these mega metro areas is the first in its state to stick a pin in a United States Bitcoin ATM locator map.
An upcoming intellectual property auction gives bidders the unusual opportunity to become their own ATM patent assertion entity.
The Financial Services Roundtable has expressed deep concern about a Consumer Financial Protection Bureau plan to post unverified, anonymous complaint narratives on a government Web site.
Retailers dispute the appeals court ruling about fee caps, but seem to accept its ruling that one network each for signature and PIN debit is sufficient.
The commission has congressional authority to collect nonpublic information from patent assertion entities, which will provide a better picture of their activities.
The Indian Banks' Association petitioned for a reduction in the mandated number of free transactions due, it said, to increasing costs to install and operate ATMs.
The CFPB has previously shown an inclination toward rule-making in response to consumer complaints; now it has Bitcoin and other digital currencies in its sights.
Shawn Henry, now the president of tech security firm CrowdStrike, will discuss the grim realities of today's hacking environment; his team of security experts will follow up with a live demonstration.
The foundation proposes an exhaustive cycle of drafts, comment periods, re-drafts, and more comment periods in order to thoroughly vet the proposed regulations.
They don't go into effect until Jan. 1, but Nedbank has already done the math and found that the reserve bank's new fee structure will cause significant losses to profitability.
Despite regulatory changes, the agency still frets about overdraft fees, saying they "should not be 'gotchas' when people use their debit cards."
Legislators demonstrated rare bipartisanship, approving a pair of cybersecurity bills of particular interest to the financial services sector.
The government has dropped its requirement that the companies put up an estimated $2.9 billion in security deposits, but some restrictions still apply.