News

The Pennsylvania Bankers Association said it is still looking at whether to pursue an appeal to the state Supreme Court or the U.S. Supreme Court on the ruling upholding community charter expansion of two Philadelphia CUs.

Fidelity National Information Services has completed its merger with Metavante, yielding what the new company says is the world's largest provider of banking and payments technology.

In hurricane-wracked Galveston, Texas credit union managers are saying what a difference a year makes. No sign of anything like Ike of 2008, not even a whiff.

Fiserv Inc. on Thursday formally launched the first all-new core platform for the U.S. market since it combined its credit union core processing divisions earlier this year.

Visa Inc. has joined MasterCard Worldwide to attack some of the claims that the 7-Eleven convenience chain is making about its recently delivered petition on card interchange.

Retailers and card issuers are frequently lined up across from each other along the issue of credit and debit card interchange. But the issue still sometimes makes strange allies.

Members of the $54 million KV Federal Credit Union, headquartered in August, Maine have voted to remain a credit union, according to John Murphy, CEO of the Maine Credit Union League.

The flurry this week of NCUA-engineered takeovers of failed credit unions in the West and Southwest is shedding new light on both the strategies of large, well capitalized CUs making the acquisitions as well as the NCUA process itself.