SAN FRANCISCO - VISA is still moving forward with its VISA Extras program, the mandatory rewards programs for its debit cards that is scheduled to roll out later this month, according to an association spokesman. The San Francisco- based card giant, however, is "reevaluating" the program's details in light of...

Some of the parties who are watching the VISA v. Wal-Mart case most closely include executives from Memphis, Tennessee-based Concord EFS and the Denver, Colorado-based First Data Corporation. If regulators sign off on their merger, the joint Concord/First Data firm will control 75% of a debit transaction market that, thanks...

NEW YORK - Card industry analysts have split on what MasterCard's recent settlement in a landmark card policy case means for the case going forward. MasterCard settled its part of the lawsuit before the trial actually began on April 28 for an estimated $1 billion, according to published media reports....

ARLINGTON, Va. - Two groups of Muslims, one in New York and one in Florida, are working toward founding credit unions that would like to organize along the principals of Islamic law, according to a consultant that has been helping them in their efforts. If they succeed, the new credit...

ARLINGTON, Va. - Overall in the U.S. credit card purchases are safe - the statistics tell that story. Very few cardholders are probably aware of the array of technology and people that stand behind every credit card transaction, working to keep it secure. Certegy, the card processor based in Alpharetta,...

CLEARWATER, Fla. - Despite the amount of attention and advertising credit union sales of their card portfolios to banks have gotten in the last two years, the topic of card portfolio sales still did not rank high among credit union CEOs' list of card concerns, according to Robert Hackney, CEO...

NEW YORK - The National Federation of Community Development Credit Unions and some individual CDCUs are stepping up their long-standing efforts to convince NCUA to modify or eliminate its policy on non-member deposits held by the community development institutions. Under current NCUA regulations, CDCUs can take deposits from non-members, traditionally...

MADISON, Wis. - France, Russia and Germany aren't the only ones trying to play a rebuilding role in Iraq, the World Council of Credit Unions hopes to as well. In fact, WOCCU is gearing up to possibly take a role in helping to rebuild financial services in both Afghanistan and...