NADA, NAMAD say bureau is relying on statistical analysis of past transactions, not intentional conduct.
If you know someone's phone, Social Security or credit card number, you have a direct link to their identity.
The old-fashioned holdup may not hold a candle to these inside jobs, identity thefts and cyber heists, especially for crooks who want to avoid jail.
Trade writes letter to commission, arguing its report is based on "selective information."
Merchant Payments Coalition cites CUNA survey, says smaller-asset institutions shielded from interchange cap.
Agencies go after what they said were misleading ads
Financial institutions around the world were recently frightened again by news of a massive attack that siphoned nearly $2.5 billion from commercial accounts held at multiple financial institutions in the U.S., Europe and Latin America.
Ad posting seeks employees to ferret out, help prosecute “investigative problems for which there are few, if any, established criteria.”
Regulatory fallout from the housing crash, the Credit Card Act of 2009 and the new Consumer Financial Protection Bureau are making the daily duties of a loan officer look increasingly more like those of a compliance officer. Below are the most burdensome, difficult and confusing current regulations and proposed rules...
The National Retail Federation has urged the Federal Trade Commission to move cautiously in establishing regulations for mobile payments.