FIS

• Citing 'Unsatisfactory Risk Management,' NCUA Asks Credit Unions to Evaluate Relationship With FIS

  By David Morrison  |  April 10, 2012

  Agency cites information technology supervisory letter the company has received from the FDIC; FIS processes credit and debit transactions for 5,400 credit unions.

• Fiserv Sues FIS Over Payments Patents

  By Marc Rapport  |  January 5, 2012

  Federal suit charges FIS with infringing on CheckFree, CashEdge intellectual property in payments tech tools.

• FIS Downplays Processing Outage

  By David Morrison  |  September 20, 2011

  Processor says disruption involved a "small number of its payment systems, which impacted a select number of clients."

• CO-OP POS Transactions Not Impacted By Outage

  By David Morrison  |  September 19, 2011

  CUSO says FIS problems on Friday shut down ATMs but CO-OP point of sale unaffected.

• Cyber Crooks Loot $13 Million in FIS Pre-Paid Card Heist

  By Robert McGarvey  |  August 30, 2011

  Blogger reports card processor hit by scam involving Sunrise platform cards.

• Card Not Present, Skimming, Data Breaches Lead Fraud Concerns

  By David Morrison  |  May 19, 2011

  A white paper for Card Services for Credit Unions members from processor FIS and CSCU outlines risks, urges education.

• Merchant-Funded Rewards Make Cards Cheaper for CUs

  By David Morrison  |  May 4, 2011

  A majority of the credit unions around the country that issue cards will soon be able to offer merchant-funded rewards.

• Merchant-Funded Rewards Poised To Grow, FIS Exec Says

  By David Morrison  |  April 26, 2011

  An FIS executive in charge of loyalty services said he sees targeting, cost-savings power of merchant-funded programs driving growth.

• FIS Adds Merchant-Funded Enhancement to Rewards Program

  By David Morrison  |  April 22, 2011

  FIS is adding merchant-funded rewards to a loyalty program in a move the company says will help offset the effects of a raised interchange cap.