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.
CO-OP's operations were not impacted by breach and CUSO expressed confidence in FIS.
Few people have ridden the growing wave of mobile banking – or perhaps helped drive it – more than Drew Sievers.
Federal suit charges FIS with infringing on CheckFree, CashEdge intellectual property in payments tech tools.
Company claims 100 new credit union, bank customers for its mobile banking solution since June.
Processor says disruption involved a "small number of its payment systems, which impacted a select number of clients."
Blogger reports card processor hit by scam involving Sunrise platform cards.
A majority of the credit unions around the country that issue cards will soon be able to offer merchant-funded rewards.
FIS is adding merchant-funded rewards to a loyalty program in a move the company says will help offset the effects of a raised interchange cap.
Biller direct payment adoption continues to grow while competition heats up among vendors of the multi-channel option.