This Opinion piece looks at how technology growth requires credit unions to deliver the goods while hanging on to the traditional channels, too.
ST. PETERSBURG, Fla. — While the long-term payments future remains optimistic for credit unions, the 2013 annual conference of Card Services for Credit Unions revealed the immediate payment path continues murky and expensive as ever.
Roughly fifteen months after the Durbin amendment went into effect, the controversial legislation that capped debit card interchange for issuers with over $10 billion in assets has painted a mixed picture for most credit unions.
As the Oct. 1 interchange cap day fades into history, consultants are urging CUs to focus more attention on their debit programs.
As the Oct. 1 deadline for the interchange cap to go into effect fades into history, consultants who work with credit unions on managing their debit programs are urging CUs focus more attention on their debit programs.
As the Oct. 1 deadline for the Durbin amendment interchange cap to go into effect draws near, consultants who work with credit unions on managing their debit programs are urging CUs to focus more attention on their debit programs.
Overturning a proposed debit interchange cap on legal grounds may set a precedent against exempting credit unions from future regulations that affect large banks and other financial institutions.
For most credit unions in the metropolitan Atlanta area and North Georgia, the snow and now dangerous icy road conditions has led to many closing shop for today.