An executive with a startup credit card company that focuses on tokenization for card security said the firm would be open to working with credit unions to begin issuing its card.
Two tech execs caught traveling during a card breach create tokenization product, eye credit unions for issuing partners.
In a detailed paper on mobile payments published in the FDIC’s winter issue of “Supervisory Insights,” a group of agency executives explore in detail “the unique risks and supervisory issues raised by this technology.”
From the looks of it, Chuck Fagan plans for CUES to learn as much from credit union professionals as they will learn from the organization. He will officially take over the helm at CUES in January.
Recent announcements from Visa and MasterCard have set the stage for the U.S. implementing EMV/chip cards.
LAS VEGAS — The research by Boston-based AlixPartners exploded on the screen at BAI Payments Connect 2012. Suddenly, out of nowhere, the availability of good mobile services has emerged as a top factor in why consumers choose to change financial institutions, reported Teresa Epperson, AlixPartners managing director.