After a complaint was received, the People’s Bank of China investigates potential security weaknesses in Tencent’s messaging app.
Payment industry players have been racing in recent months to meet the EMV liability shift, which is designed to reduce fraud within the industry. Financial institutions have started issuing EMV chip-enabled debit and credit cards, and merchants have added EMV capability to their existing magnetic stripe card reader payment terminals or converted to new card readers.
Multiple retail associations have sent a letter of support for the Cybersecurity Information Sharing Act of 2015 (CISA) and urged the Senate to “act without delay” to help stave off cyber threats facing retailers across the nation.
The People’s Bank of China (PBOC) published a set of guidelines designed to clamp down on online payments.
The Chinese government is looking to crack down on mobile payments and crowdfunding in an effort to control more online commerce.
The so-called “cloud tax” hitting Chicago is leaving many deeply disturbed, and may well do more damage to Chicago in the long run.
China’s State Council released several policies designed to ease cross-border e-commerce regulations for thriving companies in the region.
MasterCard has answered the UK Treasury’s call for information on digital currencies.
Benjamin Lawsky, superintendent of New York’s Department of Financial Services (DFS), issued the final version of the controversial BitLicense.
Benjamin Lawsky, superintendent of the New York State Department of Financial Services (NYDFS), is expected to release the official guidelines for New York’s BitLicense in the coming weeks.
Apple is stepping up its lobbying efforts in the United States, with a good chunk of focus on the mobile payments front.
The House passed the Protecting Cyber Networks Act that supports the sharing of cybersecurity information to the federal government.
To promote the introduction of new payment regulations, the Reserve Bank of India (RBI) is pushing for collaboration between banking establishments and thriving e-commerce firms.
Leading bitcoin wallet and exchange Coinbase recently tipped its hat to North Carolina’s forward-thinking regulatory requirements for bitcoin businesses.
The Volcker Alliance has issued a report aimed at stirring change in the regulation of Wall Street and financial institutions.
