Despite the settlement, "Eddie Bauer denies all material allegations of the complaint."

Concerns over gas pump payments come as skimmers are becoming more of a problem at convenience stores nationwide.

The platform will let CUs and other entities send, clear and settle payments immediately, providing advanced messaging capabilities.

For the first time, the industry also gets a look at Venmo's impressive growth numbers.

Robert G. Allen says, "Leading TFCU has been a rewarding experience for me ..."

The entity would be called Sharon and Crescent United Credit Union and branded as SCU Credit Union.

The U.S. Payments Forum's quarterly report states contact chip payments were "firmly ingrained in the U.S. market."

FIS survey finds 63% of direct-to-consumer bank customers said they were "extremely satisfied," compared to 52% of CU members.