This preview from next week's print edition looks at the work on new integrating standards for credit union-specific software.
Big banking tech companies recently have been hungrily gobbling up smaller companies and the question is, Will this consolidation continue? The other question, Is this good, or bad, for credit unions?
Despite slow uptake and Google's low-touch service, search giant remains largest foe in digital wallet disintermediation threat.
Smaller business still far from Check 21 ideal.
Longtime industry executive had been CEO at Jax Navy and United Airlines Employees before joining card processor Certegy in 2002.
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.
ST. PETERSBURG, Fla. — An undercurrent of concern about how card processor FIS was handling some of its ongoing information security problems was not enough to dissuade 321 payment executives from 131 credit unions that use the processor from meeting April 25-29 to celebrate card success and strategy.
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. — Three credit unions will begin issuing EMV chip enabled cards later this year as part of a pilot program with FIS.
The NCUA has asked credit unions that process their debit and credit card transactions with FIS to evaluate their relationship with the card processor in light of an information technology supervisory letter the company has received from other federal financial regulators.