Count some credit union card processors among those that have benefited from regulations implementing the Durbin amendment.
Industry observers and executives with other processing companies predict that the recent supervisory letter on FIS security problems may have a limited impact on FIS’ sales but will likely heighten the importance of security for all payments processors.
Big CUSO said it's confident card processor will address security issues but also plans to make sure.
With the number of members who have opted not to conduct transactions with paper checks continuing to grow, St. Cloud Federal Credit Union knew it was time to make a change.
What’s your wallet made of – leather, or bits and bytes? At CUNA’s recent Government Affairs Conference held in Washington that was a key question raised among those close to the evolution of payment transactions.
Sixteen credit unions signed on with the JHA Payment Processing Solutions division of Jack Henry & Associates Inc. during the first half of its 2012 fiscal year, which ended on Dec. 31, the company said.
New clients include the $2 billion Keesler FCU in Biloxi, Miss., the company and credit union said.
Kristen Christian, the Los Angeles art dealer, will speak at the CUNA GAC on March 18-22 in Washington, D.C., and at CSCU's annual conference in St. Petersburg, Fla. on April 25-29.
A California credit union's concerns that Los Angeles retailers may be steering their members away from using their credit union-issued debit cards appeared unfounded last week.
One CUSO predicts the four areas credit unions and banks will focus on in 2012 are profitability, efficiency, product and service mix and deeper member and customer relationships.