While it remains too early to declare victory, there are signs that credit union credit cards are poised to move from the background of credit union lending to take a position closer to the spotlight, according to industry card specialists.
The $2.9 billion Desert Schools Federal Credit Union in Phoenix said it plans to deploy a Web-based centralized payment processing system from TransFirst LLC of Hauppauge, N.Y.
New network comprises more than 1,700 credit unions, 4,400 branch locations and 2,200 kiosks in 7-Eleven stores.
The 13,000-member, $234 million Tucson Old Pueblo Credit Union in Tucson, Ariz., has announced it will re-enter the credit card market after having previously sold its credit card portfolio.
Sophisticated fraud schemes target community lenders, paper says.
With two new credit union partners, CO-OP Financial Services is continuing its push into debit processing and ATM management.
One of the inspirations behind creating a statewide lending brand that would be easily recognized by small business owners in Michigan evolved from conversations with local trade groups.
Sallie Mae announced that it will begin offering no-fee student checking accounts into which colleges and universities can directly disburse financial aid and tuition refunds owed to students.
Education-focused financial services company Sallie Mae announced Monday that it will begin offering no-fee student checking accounts into which colleges and universities can directly disburse financial aid and tuition refunds owed to students.
Half of the respondents in a 14-country survey about fraud concerns cited cards as their main worry, yet 10% of them in the U.S. said they carry their PINs with those same cards.