card services

• Big Security Flaw Found at FIS: Report

  By David Morrison  |  June 12, 2013

  The final report of the FDIC’s investigation of a security breach at payments processor FIS found it worse than previously thought, according to a security blog.

• FIS Breach Report Finds Flaws Far More Widespread

  By David Morrison  |  June 4, 2013

  Security blogger Brian Krebs says FDIC report "highlights shocking lack of basic security protections" at major processor.

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  SECU Contracts to Upgrade 1,100 ATMs

  By David Morrison  |  May 29, 2013

  Diebold wins deal for replacement of machine fleet for nation's second-largest credit union.

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  Virginia Credit Union League Re-Elects, Elects Board Members

  By Peter Strozniak  |  May 15, 2013

  VCUL re-elects Suzanne Hodgins of University of Virginia Community CU as chair.

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  THINK Teams Debate Pace of Change Within the Industry

  By David Morrison  |  May 15, 2013

  CHICAGO — Credit union executives ­attending CO-OP ­Financial Services recent THINK 2013 Conference heard two teams of executives and a panel of experts debate whether the credit union industry needs to make measured changes to face future challenges or massive changes.

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  Onsite Coverage: Teams Debate Massive vs. Measured Change

  By David Morrison  |  May 2, 2013

  CHICAGO — Spirited exchange marks a final-day session at CO-OP Financial Services’ THINK 13 conference.

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  Onsite Coverage: Credit Unions Need to Remain Alert in Payments Space

  By David Morrison  |  April 25, 2013

  ST. PETERSBURG, Fla. — CSCU CEO Robert Hackney urged credit unions to pick up the pace in the face of changes in the payments space.

• Too Few Master Credit Card Basics

  By David Morrison  |  April 17, 2013

  Despite widespread recognition of their importance to an overall loan portfolio, credit cards remain far too mysterious to far too many credit unions, according to consultants that work with credit unions on credit card management.

• Tracking Debit Card Interchange Still Confusing for Some

  By David Morrison  |  April 17, 2013

  Just when it might become more important than ever to be able to track the interchange that debit transactions generate for credit unions, many, if not most, may have not begun to uncover their debit programs’ bottom lines.

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  3 Common Pitfalls of Credit Card Management

  By David Morrison  |  April 11, 2013

  Awareness and ownership, risk vs. reward and know thy members. All this can pay off in the card portfolio, these experts say.