One in 17 consumers open at least one bank card account this year.
Firm also said the rise of mobile banking Trojans was a trend of the year in 2013.
A new publicly available database of consumer complaints about big bank credit card programs may benefit credit unions trying to market their card programs, industry observers speculated.
The patent suit filed by London-based Serverside Group is not to be taken lightly by the credit unions and credit union service organizations the vendor lists as defendants.
A recent report from the Pew Health Group's Safe Credit Card Project has found that credit cards issued by credit unions remain the best deal for consumers and that, by and large, the Credit Card Accountability, Responsibility and Disclosure Act has accomplished the goals legislators intended.
If considered only in a glance, credit union card programs seem extrem
As consumers aim to simplify their lives by cutting back on spending and building savings, credit unions are out front helping to make it happen, according to one CUSO.
Many bank card issuers have abandoned practices viewed as unfriendly to consumers, according to a consumer watchdog group that has long been critical of card issuing practices.
Credit unions which supposed their card programs with no annual fees would necessarily benefit over bank cards that carried annual fees may need to think again.
Fair Isaac Corp. wants the next generation of scores to not only reflect a record of how well or poorly consumers have paid their debts in the past but also to predict how they are likely to react to future economic events.