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A mixture of card brands, card processors, and government agencies and insurers have formed what they have called a "Risk Council" to help make sure the industry effectively addresses and speaks with one voice on card fraud issues, according to David Serlo, president of PSCU Financial Services, one of the...

Corporate credit unions have been inundated with cash in recent months and as a result are hitting record asset highs.

Corporate credit unions have been inundated with cash in recent months and as a result are hitting record asset highs.

The House approved the field of membership compromise bill hammered out over the last six months between banks and credit unions.

PSCU Financial Services, the card processing CUSO for more than 500 credit unions that use the First Data Corp. card platform, has set aside a $1 million fund that it will be able to use to bring suits to recover the losses from credit and debit card breaches.

PSCU Financial Services' acquisition of Digital Dialogue will position the CUSO to offer its member credit unions the opportunity to consolidate their different services such as debit processing, online banking and bill pay and loan origination within one call center.