News

HOUSTON - There could be more new bosses at Discover, the parent company that merged with the formerly member owned Pulse Debit network. A press release from the financial firm of Morgan Stanley says the company plans to spin Discover off to its shareholders The Pulse ATM and EFT Association...

ST. PETERSBURG, Fla. - PSCU Financial Services, the card processing cooperative that serves over 500 credit unions which process their card transactions with First Data Corp., has released millions of rewards points to winners of its second annual sweepstakes. CURewards Sweepstakes is designed to boost activity for credit unions' credit...

PASADENA, Calif. - The $3 billion Wescom Credit Union had a problem in the middle of 2004. Its credit card program, 38,000 cards and $84 million strong in March of the year, had begun to slow sharply. "We had been in the habit of offering card promotions at the end...

NEW YORK - Credit unions beware -apparently the Citi never sleeps when it comes to targeting young adults. Citi cards has teamed up with mtvU to co-launch the Citi mtvU Platinum Select Visa Card for College Students. The partnership is a joint program where cardholders can save points for exclusive...

ARLINGTON, Va. - Despite the wide variety of local and national ATM network options available CO-OP Network, the credit union owned ATM and EFT network, remains the single largest and most recognized credit union ATM brand. After the purchase of the PULSE EFT Association by Discover, CO-OP Network became the...

NEEDHAM, Mass. - Credit union credit card issuers can benefit by offering small business cards to their members who have small or even micro businesses, according to a report from the Tower Group, a consulting firm on card practices. Small Business Credit Cards in the US: High-Growth Segment or Limited...