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By David Morrison |
April 22, 2012
Industry observers and executives with other processing companies predict that the recent supervisory letter on FIS security problems may have a limited impact on FIS’ sales but will likely heighten the importance of security for all payments processors.
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By David Morrison |
April 18, 2012
Agency sources call "ridiculous" the idea that regulator was trying to drive credit unions away from processing with FIS.
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By David Morrison |
February 12, 2012
Visa USA has reported that U.S. financial institutions have issued more than one million credit and debit cards that use information on embedded computer chips to validate transactions instead of magnetic stripe technology.
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By David Morrison |
January 19, 2011
Visa will offer a dual debit interchange schedule that network sources say should allow credit unions and other smaller asset
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By David Morrison |
January 7, 2011
Visa will offer a dual debit interchange schedule that network sources say should substantially shield their debit interchange income from drastic decreases, at least temporarily.
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October 6, 2010
At the same time it affirmed its confidence in corporate credit unions, CO-OP Financial Services yesterday also made it clear that it was willing to offer its services in helping CUs move to alternate payment processors.
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By David Morrison |
September 29, 2010
While affirming its confidence in corporate credit unions, CO-OP Financial Services yesterday also made it clear that it was willing to offer its services to help CUs move to alternate payment processors.
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By Claude R. Marx |
June 23, 2010
Accounts of up to $250,000 at credit unions and banks would be permanently insured beyond the current expiration date of 2013, as a result of an amendment approved last week by the House-Senate conference committee on regulatory overhaul.
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By Claude R. Marx |
June 2, 2010
BECU went live on March 20 with person-to-person payments and since then has moved approximately $700,000 for about 5,000 newly enrolled users.