A new study finds that cardholders between the ages of 40 and 44 are 12% more likely to go seriously delinquent on a credit card than a cardholder age 19.
The prospect of renewed Congressional budget fights helped undercut consumer spending last month, according to a report from First Data.
WASHINGTON—Executives attending Visa’s Oct. 2 Global Security Summit here were told by speakers that increased data security at large retail firms and data processors have forced many thieves move on from seeking big data breaches and compromises. However, the presenters also pointed out that every new app, website, mobile...
Merchants and card issuers released separate studies Oct. 1 that made contradictory claims regarding the effect the Durbin Amendment’s interchange cap has had on consumers. The groups timed their releases to coincide with the two-year anniversary of cap’s effective date.
Agrees with retailers that Empire State law against informing consumers infringes on First Amendment rights.
WASHINGTON —Visa said it has changed its Visa Advanced Authorization program to help credit unions and other card issuers detect fraud more quickly.
The debit card interchange cap will cost the $11.5 billion BECU between $35 and $45 million in 2014.
Merchant Payment Commission trade group uses economist's data from 27,000 retail sites to reach conclusion. NAFCU unimpressed.
North Carolina credit union adding image function to 1,100 ATMs around the state, helping keep jobs at Diebold Greensboro plant.
Program will allow credit union members to help needy people in their communities.