The Payment Card Industry Security Standards Council (PCI SSC) has released an overview of the planned changes to the Data Security Standards (DSS) that will be updated in November.
The New York Department of Financial Services served subpoenas to more than 20 companies associated with bitcoin, digging further into business practices of the digital currency industry which may result in an entirely new framework of guidelines from scratch.
The UK Money Transmitters Association (UKMTA) has chosen Four Public Affairs to campaign to Barclays and government institutions after Barclays closed the bank accounts of some of the UKMTA’s smaller members.
The Federal Reserve has stated that it is researching the risks of online payment systems such as PayPal and Bitcoin, reports Business Insider.
Andrea McGeachin, the commercial director of Ixaris, recently wrote about the importance of compliance with payment regulations on Travolution. McGeachin explained of adhering specifically to the Payments Card Industry Data Security Standards (PCI DSS). Created jointly in 2004 by MasterCard, Visa, Discover, and American Express, the PCI DSS was designed to minimize the chances of […]