February 10, 2017
Department of Justice introduced Operation Choke Point in early 2013 as an enforcement initiative to choke off swindlers’ access to the payments system by targeting the […]
February 9, 2017
Little more than a year ago, the United States Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued written guidance to banks for extending merchant services to […]
February 8, 2017
The day has finally arrived: The federal government has decided to make payment processors and ISOs completely (and ridiculously) responsible for the “sins” of their merchants. […]
February 7, 2017
Card Association rules and regulations deem a wide range of business models inherently high risk. In addition to the obvious suspects such as adult-oriented Web sites, […]