Skeptics who saw the seeds of an eventual bank charter in the advent of American Express and Walmart had a change of heart and last week and announced that the jointly sponsored Bluebird prepaid card will carry FDIC deposit.
CUNA, ABA has no comment so far, NAFCU approves of prepaid cards having FDIC, ICBA objects.
Community bankers lobby says it's researching how to fight Wal-Mart/Amex prepaid card's move toward offering more banking services.
Checking and debit alternative to get coverage to allow government direct deposit, companies say.
At the Credit Union Enterprise Risk Management conference earlier this month, a senior official at the NCUA declared that the agency is taking a more qualitative approach rather than quantitative in its examinations. Tim Segerson, deputy director of the Office of Examination and Insurance, acknowledged that credit unions that don’t...
How to turn the good ship NCUA around is among questions pondered in this week's column from Sarah Snell Cooke, Credit Union Times' editor/publisher.
Today Foursquare announced a nationwide partnership with American Express to offer discounts to cardholders when they check in at select merchants. .
Get a peek at how AMEX views mobile, digital payments, social networking, social commerce and other emerging technologies.
Check out our on-site coverage of the Diana Dykstra's first annual conference with the California and Nevada Credit Union Leagues exclusively online.
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.