Credit Union Times | Accurate and Timely CU News

New Card Would Allow Cardholders to Generate Their Own Transaction Codes

By Staff Writer

VeriSign, Inc., a leading provider of digital infrastructure, and Innovative Card Technologies, Inc. have joined to produce a card that will make it easier for credit unions, banks and retailers to issue and accept payment cards embedded with one-time-password (OTP) authentication to protect their online transactions from fraud.

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Tobyhanna FCU Teams Up with BALANCE

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CRA Bill Leaves Credit Unions Alone for Now

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May 08, 2007

CUNA Says Too Early to Gauge Impact of Bankruptcy Reform

Discussing a hearing that took place last week in a subcommittee of the House Judiciary Committee, CUNA Vice President of Legislative Affairs Dean Sagar said the time is not right yet to measure the effect of the credit union supported Bankruptcy Abuse Prevention and Consumer Protection Act.

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May 08, 2007

NSC Names Nicklas New Director of Marketing

NAFCU Services Corporation President David C. Frankil announced that Kelly Nicklas has become the organization's director of marketing effective April 30.

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May 08, 2007

Schooler Heading Up Unit at Fidelity National Information Systems

John Schooler is back in the credit union fold.

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May 08, 2007

Credit Union Regulatory Improvements Act Co-Sponsorship Jumps to 68

Six more lawmakers signed up to co-sponsor the Credit Union Regulatory Improvements Act (H.R. 1537) recently, bringing the total up to 68.

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May 08, 2007

Improving Card Management Brings Results

Five years ago, the attitude of many credit unions toward their credit card portfolios resembled that of some farmers toward their cattle. The farmers turned the animals loose on acreage and, as long as the fences were mended and there was plenty of water, more or less forgot about them...

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May 08, 2007

TNB Continues Hot Streak on Portfolio Buys

Five years ago, TNB Card Services, the card management and now purchasing arm of credit union-owned Town North Bank, was among the staunchest opponents of credit unions selling their credit card portfolios to banks. No longer. Times, as they say, have changed.

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May 08, 2007