Consumers gearing up for the holiday season may have received a reason to think twice about using their credit or debit card at a retailer this year after the popular CBS news program 60 Minutes aired a story about retailers and card security.

Last year Black Friday, the Friday after Thanksgiving, was the busiest day for holiday shopping last year in the top five traditional gift-buying categories with more than one-third of MasterCard payment transactions occurring before 10 a.m, according to this year's MasterCard Worldwide Holiday Shopping Insights Report.

JPMorgan Chase, the second largest card issuer in the country, has announced that its "clear and simple" cards will abandon the practice of hiking the interest rates of card holders whose credit scores decline.

Credit union card portfolio analysts and brokers report that NCUA's data shows CU card performance continues to rise this year as CU card portfolio sales have continued to drop.

TNB Card Services, the card processing and portfolio management arm of credit union-owned Town North Bank, has purchased 140 credit union card portfolios since 2002, the CUSO said.

A community development credit union in Syracuse, N.Y., has been recognized by CUNA for its lending program to lower income members and communities.

As part of readying itself for what may be the second largest initial public offering of stock in U.S. history, Visa USA has settled its longstanding litigation with American Express. The leading card brand will not bear the costs of the settlement itself but has instead passed it off to...

For the first time ever, two credit union shared branching systems in different countries are able to talk to one another and handle transactions, according to an announcement from the World Council of Credit Unions, which has sponsored the effort to develop the connection.