This Opinion piece looks at diverse opportunities for new products and income presented by deploying EMV cards at the ATM.
The multiple-party, multiple-year case over credit card interchange moved one step closer to resolution on Nov. 9 when the Honorable Judge John Gleeson granted preliminary approval of the settlement agreement between retailers, payment networks and nine major card issuers.
Decision can still be appealed and National Retail Federation said it's considering that route.
Both sides of testy dispute issue statements ahead of New York hearing.
Illinois senator files brief in case seeking to force Fed to cut interchange costs further.
Credit unions will need to continue to seek out and provide a full – and expanding – range of services if they wish to position themselves as their members’ payment provider of choice in 2012.
Now that regulations implementing the Durbin amendment are finalized–at least for the short term–credit unions have to decide how many debit networks they want and if they have to join any.
Analysts, payment executives advise limiting debit network participation in order to protect their debit interchange income.
WASHINGTON — If nothing else, card-issuing credit unions should feel assured that an awful lot of intelligent people go to work every single day with no higher priority than helping to keep their card data secure.
WASHINGTON — Despite news of the massive Sony PlayStation breach, a Visa executive says progress is being made in overall data security.