Slowly but surely, mobile banking is living up to its hype as the next must-have thing that credit unions need to survive
Credit unions and other card issuers likely got most of their holiday spending boost early last year, according to card processor First Data.
First Data's initial statement on the Federal Reserve's proposed debit interchange rule did not mention establishing a debit interchange schedule for small debit card issuers.
The Durbin Amendment to the Dodd-Frank financial reform act will likely cut credit union debit card income in the short term but may also spur further innovations in the payments industry.
Gen Y wants to do the right thing, but credit unions must guide the way with clear signposts and a smoother path.
For about a year, PSCU Financial Services has been using a piece of integration software that sits atop its new IBM
After almost 35 years processing credit union credit card transactions, Town North Bank has sold off its last stake in card processing.
Dave Serlo, longtime CEO of PSCU Financial Services and the CUSO's first employee, passed away from the complications of cancer on June 25. He was 63.
David Serlo, longtime CEO of PSCU Financial Services and that organization's first employee, has died of cancer, sources close to the CUSO have told Credit Union Times.
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