Payments processor also says that some merchant applicants' information may have been compromised.
First Data says the pace of consumer payments slowed significantly in April over the pace during the first quarter of the year.
The percentage of payments made by check keeps slipping.
CUNA Mutual Group has sent a risk alert urging its bonded credit unions to warn members about possible phishing attempts following the Global Payments breach.
Moving expiration date and reissuing among recommendations in wake of Global Systems hack.
The Members Group, the Des Moines-based card and payments processor serving credit unions, is losing its long-time president/CEO, Tom Kuehl, who is retiring by year end.
Covera Card Solutions said the $70 million Niagara’s Choice Federal Credit Union has signed on to use the CUSO’s debit-ATM processing service.
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.
Consumers worldwide worry about card fraud while many of them still carry PINs with them, according to a recent survey.