SEATTLE - The project, spearheaded by the Mountain West league, could evolve into a credit union industry independent payments system.
New service allows FIs to release their own app with card management services.
Experts debate what Chase Pay means for credit unions.
Skimming overlay devices fit over existing EMV-enabled POS devices and exploit customers who opt to swipe instead of dip.
Results of the payments industry-wide transition may include quicker card issuance and increased lawmaker scrutiny.
Todd Clark, who heads First Data's STAR Network and debit processing, will take over at the payments CUSO June 27.
Stop thinking in terms of having a digital strategy, but rather a business strategy for the digital age.
The study will explore how credit unions can best leverage the emerging technology.
Credit unions that want to grow will need to invest in digital capabilities.
An increase in fraud, budget strains and operational challenges could soon be in store.