What the FTC Might Look For in a Data Security Investigation in the Payments Industry

April 10, 2015 • Published by Admin Industry Topics Cybersecurity, FTC, Payment Processing, Payments Industry

Guest post by Emilio Cividanes, Kelly DeMarchis and Rob Hartwell, Venable LLP The Federal Trade Commission (FTC or Commission) has a broad mandate to pursue “unfair or deceptive acts or practices in or affecting commerce.” One substantive area which the FTC has asserted falls under … Read more

A 2015 Road Map for Payment Processing Compliance

January 23, 2015 • Published by Admin Industry Topics 2015, CFPB, Compliance Management System, DOJ, Electronic Transactions Association, FTC, Government Regulation, ISOs, Operation Choke Point, Payment Processing, Payments Industry, Venable LLP

Guest post by Ellen T. Berge and Andrew Bigart, Venable LLP The past year was a big one for the payments industry with the introduction of new products, the growth of virtual currencies, and, of course, continued government pressure on payment processors and non-bank entities … Read more