Few were fully EMV-ready by the Oct. 1 deadline, but conversions are expected to pick up in the next year.
Five hundred job cuts in Denver part of company's bid to be more efficient and innovative, spokesman says.
Longtime industry executive had been CEO at Jax Navy and United Airlines Employees before joining card processor Certegy in 2002.
Count some credit union card processors among those that have benefited from regulations implementing the Durbin amendment.
Too many credit unions put too little thought into their relationships with their credit and debit card processors and should concentrate on getting more out those partnerships.