News

PURCHASE, N. Y. -- MasterCard International has fired a significant shot in the interchange wars by releasing a paper that argues in favor of credit/debit card interchange as a benefit to all the parties that use the card payments system.

ARLINGTON, VA -- Although neither Visa or MasterCard have released any data, they have been telling processors and issuers at least 80 million up to slightly more than 100 million card accounts were compromised in the breach of Heartland's Payment Systems.

MADISON, Wis. -- Wisconsin CUs got a chance to tell their safety/soundness story and make a pitch for consumer lending at a state hearing addressing public worries about "the entire banking and real estate sector."

MADISON, Wis. -- For their superior performance, 22 credit union financial advisers will receive CUNA Brokerage Services Inc.'s Women of Distinction award.

WASHINGTON - President Obama is today holding separate meetings with House and Senate Republicans to discuss their concerns and suggestions about the $825 billion economic stimulus bill working its way through Congress.

WASHINGTON - Timothy Geithner starts his new job as secretary of the treasury today, following his confirmation by the Senate last night by a vote of 60-34.