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.
Agency sources call "ridiculous" the idea that regulator was trying to drive credit unions away from processing with FIS.
Ask Michael Bittle, CEO of the Vanderbilt University Credit Union, where his $25 million Nashville, Tenn.-based institution would be without its corporate credit union and he softly chuckles.
LAS VEGAS — Panelists describe "a staggering shift" of payments business away from financial institutions, an unexpected consequence of online banking.
Are your credit union’s pockets deep enough to satisfy the NCUA?
Sluggish economic growth cited in decision to leave overnight rates near zero.
Idaha banker, credit union CEOs disagree on business lending, tax exemption.
Ohio CEO to appear at Senate Banking Committee subcommitte hearing on Tuesday.
The U.S. interchange battle between merchants and issuers is coming to a close now that the Durbin Amendment has been interpreted by the Federal Reserve Bank.
Fed vote on interchange today kicks wait-and-see into high gear for credit unions.