In this age of breaches, tokenization may provide consumers with peace of mind.
Visa designates company as the only CUSO authorized to service the enrollment of credit unions in Apple Pay.
The $6.3B cooperative is the second credit union after Navy Federal Credit Union to sign on.
Only a select few credit unions get live Apple Pay this year, while others report problems meeting Apple's debit card requirement.
The first webinar on the topic attracted a record 1,100 participants.
Experts estimate fewer than 50% of card-issuing credit unions will have EMV-equipped credit and debit cards ready by October 2015.
This Opinion piece looks at EMV as the best place for credit unions to make the move into EMV technology.
A Sept. 11, 2013, story in Credit Union Times (Small Business Owners’ Plea to Credit Unions: Earn My Business) reported on a focus group of small business owners, who generally concluded that credit unions are having a hard time serving their needs compared to banks.
Converting the nation’s millions of cards, processing terminals and banking systems to EMV may take as long as a decade or more.
Change is in the cards, literally. Europay, MasterCard and Visa technology is coming to the United States and bringing with it a host of benefits for cardholders and issuers, including enhanced security and international compatibility.