PURCHASE, N.Y. - MasterCard International has reported that it experienced strong growth in both its credit and debit products through the first two quarters of 2003. In the U.S., MasterCard-branded cards were used in over 3.5 billion transactions in the first six months of 2003, the association said, generating $303.6...

LATHAM, N.Y. - Supporters of shared branching hope that the example of the concept working well for credit unions on Long Island will help introduce the concept to credit unions in other parts of New York State. Currently 34 credit unions in New York take part in the New York...

ARLINGTON, Va. - Shared branching leaders say the shared branching concept can stand up to mega FOMs created by new community charters like the one NCUA will consider for Bethpage FCU in Long Island at the agency's rescheduled board meeting on Sept. 24. As more credit unions move to ever-larger...

BETHESDA, Md. - ATM National's Allpoint Network, the upstart surcharge free ATM Network which has made a point of seeking out credit union members, has continued to grow and build bridges to different parts of the percolating ATM and EFT market. The organization's biggest recent conquests have come in the...

LONG BEACH, Miss. - Triton Systems of Delaware, the wholly owned subsidiary of New York-based Dover Corporation, hopes marketing to credit unions will help it move from manufacturing ATMs primarily for retailers and independent sales organizations to supplying the ATM needs of smaller financial institutions, primarily credit unions and community...

ARLINGTON, Va. - Despite the recent loss of the so-called Honor All Cards rule in a legal settlement with Wal-Mart and other retailers, Visa continues to project strong growth for its Visa check card product. In data presented recently to card executives, the San Francisco-based card association continued to project...

SANTA CRUZ, Calif. - When the $55 million Santa Cruz Federal Credit Union decided it would have to expand its facilities to meet its growth, the credit union resolved that it would not simply build new space and add to the potential sprawl of its Southern California community but instead...

ARLINGTON, Va. - Credit card fraudsters have begun to pass themselves off as cardholders with good credit ratings while perpetrating the latest type of credit card fraud, fraud experts have said. In so-called "bust out" frauds, perpetrators inflate established credit card balances with bogus payments, and then either use or...