card processor

• FIS Announces Rewards for Prepaid Cards

  By David Morrison  |  December 1, 2011

  New program will reward prepaid loyalty.

• First Data SpendTrend Quantifies Black Friday Gains

  By David Morrison  |  November 30, 2011

  Even though the weekend after the Thanksgiving holiday last year had pretty strong sales volume, card processor First Data reported that the same weekend this year posted even stronger sales gains.

• First Data Analysis Suggests Card Spending Up, But Also Flat

  By David Morrison  |  October 11, 2011

  First Data Corp. says consumers spent more on their credit and debit cards in September 2011 than they did in the same month last year but the firm credited inflated prices for the increase rather than an increase in purchases.

• Cutting Card Program Costs

  By David Morrison  |  October 3, 2011

  When considering how to save money in the back office, some say too many credit unions retreat from looking carefully at their credit and debit card program, often believing the portfolios are too complicated to understand or manage more efficiently.

• Vantiv Extends Card Processing

  By David Morrison  |  September 14, 2011

  Vantiv LLC has signed three more credit unions for credit card processing services.

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  Smart Chips Still Slow to Catch on at U.S. CUs

  By David Morrison  |  September 14, 2011

  Despite the documented ability of smart chips to cut fraud losses, experts say some credit unions and CUSOs have not moved very quickly to start issuing credit and debit cards enabled with the higher tech chips.

• Debit Interchange Network Choices

  By David Morrison  |  July 31, 2011

  Now that regulations implementing the Durbin amendment are finalized–at least for the short term–credit unions have to decide how many debit networks they want and if they have to join any.

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  Interchange Rule Draws Flak

  By David Morrison  |  July 17, 2011

  The Federal Reserve's most recent update of its rule implementing the Durbin amendment makes it a bit better for most CUs but leaves most of their deep concerns about the measure untouched.

• NAFCU Hosting Webinar on Interchange

  By Claude R. Marx  |  July 6, 2011

  NAFCU is teaming up with noted card processor to offer debit interchange guidance.

• Baxter CU Signs On for Visa’s High-Dollar Signature Card

  By David Morrison  |  June 13, 2011

  A second credit union has begun offering Visa's Signature Card, a card aimed at affluent, high-dollar spenders.