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Baselines for 2006 Card Usage; Bigger is Not Always Better

By Staff Writer

WEST PALM BEACH, Fla. - The beginning of any year provides a good place to look at some of the baselines of the industry. Which credit union members carry the highest card balances, which processors have the most of the CU market and which CUs have the most ATMs? The...

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Almost 60% of Credit Card Market Now Held By Three Issuers

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American First CU Hosts Angel Tree

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January 17, 2006

Barclays Bank to Help Ghana SUSU Collectors

GHANA - SUSU Collectors work like unofficial credit unions in Ghana. These estimated 4,000 collectors even have an association, The Ghana Cooperative SUSU Collectors Association, which works the Ghana Microfinance Institutions Network (GHAMFIN). They are self-regulating. Collectors, readily identifiable by the many pocketed coats they wear, gather money from small...

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January 17, 2006

Not All Data Breaches the Same, Study Finds

SAN DIEGO - A study of major data breaches suggests that financial institutions not view all such breaches as being of the same security risk and that the risk from some of the breaches may be quite small. The study was conducted by ID Analytics, a leading risk management company...

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January 17, 2006

Security, Stored Value, KeyWords in the Credit Card Arena for 2006

ARLINGTON, Va. - In the wake of the card data breaches of 2005, security, security and more security are the watchwords for 2006, according to different card executives, closely followed by a steady increase in the gift and prepaid card markets and a steady expansion in the rewards arena. "I...

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January 17, 2006

Visa Projects 10% Growth For Payment Industry Over The Next Five Years

SAN FRANCISCO - Visa USA's annual report to investors forecast a 10% annual growth rate over the next five for the payments industry, led by debit cards. Visa USA delivered 10% operating revenue growth in FY05 on dollar sales growth of 18%, which exceeded personal consumption expenditure growth of 6.5%....

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January 17, 2006

Vantage CU Gives for Holiday Season

ST. LOUIS - Vantage Credit Union has teamed up with local television affiliate Fox 2 and Catholic Charities to collect and distribute warm clothing to make the holidays a little brighter for those in need. To encourage last-minute donations to the charity drive, Tim Ezell, morning anchor at Fox 2,...

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January 17, 2006

TNB Publishes Card Marketing Guide

DALLAS - Credit union clients of TNB Card Services, the card processing arm of credit-union-owned Town North Bank, will soon have access to a new marketing guide TNB has published to help them better sell their card programs. Credit unions that actively market their card programs achieve stronger net retail...

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January 17, 2006

Haystack Building Doesn't Help Decrease Money Laundering

SYDNEY, Australia - Over regulation and customer privacy are two areas that concern the Credit Union Industry Association here. They have issued a statement in response to the new anti-money laundering (AML) and counter-terrorism financing (CTF) that have been proposed and released December 16th. If approved, then all financial institutions...

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Top News Stories

Baselines for 2006 Card Usage; Bigger is Not Always Better

Almost 60% of Credit Card Market Now Held By Three Issuers

American First CU Hosts Angel Tree

Recommended Just For You

News Stories

Barclays Bank to Help Ghana SUSU Collectors

Not All Data Breaches the Same, Study Finds

Security, Stored Value, KeyWords in the Credit Card Arena for 2006

Visa Projects 10% Growth For Payment Industry Over The Next Five Years

Vantage CU Gives for Holiday Season

TNB Publishes Card Marketing Guide

Haystack Building Doesn't Help Decrease Money Laundering