Robert Carr, the CEO of Heartland Payment Systems, reported that the processors' 2008 card data security breach has cost the firm almost $13 million.

In a sign that the overall payments industry attitude toward encryption and card data security might be changing, Heartland executives told analysts and reporters that the company saw a competitive advantage in developing end to end encryption.

PULSE, the ATM network owned by Discover Financial Services, has launched a surcharge free ATM network in a deal with the MoneyPass Network.

Skeptics evaluating the freshly minted PULSE/MoneyPass surcharge free ATM network openly doubt whether many credit unions will be drawn to a partnership with a subsidiary of US Bank, but MoneyPass has built relationships with CUs for some time.

Credit Union 24 announced that four more CUs have joined its network, and credit unions worth more than $4.3 billion in assets have renewed their contracts.

One of the latest, if not the latest, lawsuit against Heartland Payment Systems stemming from its 2008 card security breach comes from the $3.2 billion Pennsylvania State Employees Credit Union.

FORT LAUDERDALE, Fla. -- A key lobbyist with Visa USA thanked credit union executives for CU help in defending card interchange and suggested that the interchange fight may be mostly over for this year.

Executives with card processors and CUSOs that issue pre-paid gift cards are mustering opposition to a Senate measure which, they say, would close down much of the pre-paid gift card issuing in the U.S.