card processor

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  Global Payments Breach Grows in Severity, Length

  By David Morrison  |  May 29, 2012

  It appears that the card data security breach at card processor Global Payments Inc. may be a good deal larger than card issuers, including credit unions, may have expected.

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  Card Security Concerns Do Not Dampen CSCU Meeting

  By David Morrison  |  May 7, 2012

  ST. PETERSBURG, Fla. — An undercurrent of concern about how card processor FIS was handling some of its ongoing information security problems was not enough to dissuade 321 payment executives from 131 credit unions that use the processor from meeting April 25-29 to celebrate card success and strategy.

• FIS Reaching Out at CSCU Meeting: Onsite Coverage

  By David Morrison  |  April 26, 2012

  ST. PETERSBURG, Fla. — Conference attendees told they'll be hearing from FIS brass about advisory letter from regulators and member data security.

• Impact on FIS Uncertain, Observers Say

  By David Morrison  |  April 16, 2012

  Long, complicate processor switch process should impede exodus from FIS after regulatory letter, card consultant says.

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  FIS Faulted on Security by Feds

  By David Morrison  |  April 15, 2012

  The NCUA has asked credit unions that process their debit and credit card transactions with FIS to evaluate their relationship with the card processor in light of an information technology supervisory letter the company has received from other federal financial regulators.

• Citing 'Unsatisfactory Risk Management,' NCUA Asks Credit Unions to Evaluate Relationship With FIS

  By David Morrison  |  April 10, 2012

  Agency cites information technology supervisory letter the company has received from the FDIC; FIS processes credit and debit transactions for 5,400 credit unions.

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  Data Breach Rattles Card Issuers

  By David Morrison  |  April 9, 2012

  Once again, credit card issuers across the country have begun to assess the impact of a significant card data security breach at a major card processor.

• Card Offer Warms Alaskans’ Hearts

  February 26, 2012

  The 11,000 members of the True North Federal Credit Union, headquartered in Juneau, Alaska, have responded strongly to a targeted offer centered on the credit union's Platinum Visa card.

• Targeted Offer Scores at True North

  By David Morrison  |  February 7, 2012

  The 11,000 members of the True North FCU in Alaska responded strongly to a targeted offer from their credit union's Platinum Visa card.

• First Data Analysis Tempers Holiday Numbers

  By David Morrison  |  January 11, 2012

  First Data's monthly analysis of card transaction data suggests consumers used their cards more in December 2011 than they did in December 2010, but that they spent only the same or less money.