CSCU analysts say that roughly 15% of a credit union's members on average use that credit card.
Recent announcements from Visa and MasterCard have set the stage for the U.S. implementing EMV/chip cards.
Moving transactions from ACH, checks and cash to debit cards helps credit unions both reduce their costs and improve their revenues.
A white paper published by Card Services for Credit Unions reported that only 50% of credit unions have loyalty or rewards programs attached to the credit or debit cards.
A white paper from Card Services for Credit Unions says only 50% of credit unions have loyalty or rewards programs attached to credit or debit cards.
ST. PETERSBURG, Fla. — FIS said credit unions will be expected to take on a greater role in helping guard information security and prevent breaches.
ST. PETERSBURG, Fla. — Conference attendees told they'll be hearing from FIS brass about advisory letter from regulators and member data security.
ST. PETERSBURG, Fla. — Kristen Christian, founder of Bank Transfer Day, will address credit union executives at CSCU's annual conference today.
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.
Credit unions using creative, cost-effective and innovative campaigns to successfully market their credit and debit cards will be recognized by Card Services for Credit Unions at the association's annual conference this week.