A $600 million credit union has ended an agent issuing card relationship with FIA Card Services and is launching an agent issuing program with Elan Financial Services.
ANAHEIM, Calif. -- Credit unions have kept strict watch on increasing income and lowering expenses over the last few years of tough times, but some have made creativity and frugality a way of doing business.
The U.S. Justice Department announced last week that a long-running antitrust investigation against the three largest card brands has ended in a settlement with two of the three and litigation against the third.
Consumer and retail groups are praising the U.S. Department of Justice's actions against major credit card brands, but analysts are split about whether the moves will result in real lower prices for consumers.
The U.S. Justice Department announced today that it has filed an antitrust case against the three major card brands but that Visa and MasterCard have already settled with the government.
Walt Laskos, WesCorp public relations director and today's guest blogger, suggests that credit unions use the term owner rather than member.
Information from the largest card issuers suggests that more Americans are moving from economic stress to greater prosperity.
Albert Gonzalez, the hacker who led a multinational group of friends and associates through some of the biggest retail hacks of card data in history,
For many credit unions, the sweet spot in the small business market is the mom-and-pop sector-those shops that generate respectable annual revenue and employ a handful of staffers.
Services and solutions that push the envelope of what members expect and what credit unions can deliver can sometimes blur the lines between managing technology and member service.