The Smart Card Alliance, an industry group organized to promote wider use of cards enabled with computer chips, is starting a forum designed to facilitate the implementation of cards with chips in the U.S.
New group to help chip card integration.
BALTIMORE — Call this the loud message out of NACHA 2012: Financial institutions can choose to innovate. Or to die. And the pressures are higher on community banks and credit unions for a painful reason.
BALTIMORE — NACHA panel speakers agree it's a topic that creates more buzz than it does transactions but say that's about to change.
Almost every possible scenario for a cap on debit card interchange will result in credit unions losing significant income, according to a new report from Card Services For Credit Unions.