Card processor says chip-and-PIN worked for Bank-Fund Staff FCU members in six countries.
A new policy and fee structure from Visa are having a significant impact on the already complicated debit interchange market and, in some cases, are making that market more difficult for credit unions to navigate, according to payments executives.
More closely analyzing transaction data to better understand member behavior continued to make inroads with credit unions as another large credit union payment organization announced a new data analysis tool.
Conferences, white papers, surveys, pilot programs, new applications all screamed the same refrain in 2012: mobile banking, mobile banking, mobile banking.
Banner Federal Credit Union hopes the addition of new card technology will help draw more members and nonmembers to its 11 ATMs.
Credit unions processing their payments with FIS and The Members Group are among the first to have the chance to sign on with V.me, Visa’s new digital wallet program designed to make online shopping easier and more secure.
National ATM Council trade group objects that it's included in proposed settlement while it has its own case ongoing against card brands.
The negotiated settlement meant to end the longstanding dispute over credit card interchange moved closer to becoming final last week as attorneys for both sides in the dispute proposed a final settlement agreement to the U.S. District Court in New York and made a motion for its approval.
A retail group which was not a party to the original anti-trust fight between retailers and major card brands and card issuers over credit card interchange said it is moving closer to taking legal action to try and block a settlement in that case.
National Retail Federation exploring intervention, not a party to the original legal fight.