Tech exec predicts mobile banking users will soon eclipse online banking users.
The final report of the FDIC’s investigation of a security breach at payments processor FIS found it worse than previously thought, according to a security blog.
Security blogger Brian Krebs says FDIC report "highlights shocking lack of basic security protections" at major processor.
ST. PETERSBURG, Fla. — An undercurrent of concern about how card processor FIS was handling some of its ongoing information security problems was not enough to dissuade 321 payment executives from 131 credit unions that use the processor from meeting April 25-29 to celebrate card success and strategy.
ST. PETERSBURG, Fla. — FIS said credit unions will be expected to take on a greater role in helping guard information security and prevent breaches.
ST. PETERSBURG, Fla. — Three credit unions will begin issuing EMV chip enabled cards later this year as part of a pilot program with FIS.
ST. PETERSBURG, Fla. — Conference attendees told they'll be hearing from FIS brass about advisory letter from regulators and member data security.
Agency sources call "ridiculous" the idea that regulator was trying to drive credit unions away from processing with FIS.
FIS, the credit and debit card processor for more than 5,000 credit unions, has announced the hiring of a chief risk officer.
Big CUSO said it's confident card processor will address security issues but also plans to make sure.