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

By Staff Writer

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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Vantage CU Gives for Holiday Season

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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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January 17, 2006

Differences in Regulation Mean CU Members Won't Face Card Payment Increase

MADISON, Wis. - Starting in 2006, credit cardholders across the country faced an increase in the minimum payments that they had to make to their credit card accounts per billing cycle - unless they held a card issued by a credit union. Even though credit union and bank minimum card...

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January 17, 2006

Santa a Hit at LGEFCU

MARIETTA, Ga. - Lockheed Georgia Employees' Federal Credit Union (LGEFCU) has continued its five-year tradition by recently hosting its annual Santa Day. The holiday event drew more than 120 people and in addition to an array of holiday snacks, the festivities included arts and crafts stations, games, and face painting....

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January 17, 2006

Eastern Financial Remembers Disadvantaged Children over Holidays

MIRAMAR, Fla. - Eastern Financial Florida Credit Union has made the holidays brighter for disadvantaged children from Broward County's Kids in Distress program. The credit union played Santa Claus for 50 youngsters by making their gift wishes come true. Eastern Financial's Team Council - a group of employee volunteers who...

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January 17, 2006

Certegy Scorecard Hits New High

ST. PETERSBURG, Fla. - Certegy's Scorecard Rewards program has hit a new high, the processor said, with 2,300 financial institutions and more than 3.6 million card accounts using the rewards program. ScoreCard is a loyalty program that allows cardholders to earn bonus points redeemable for merchandise and travel awards based...

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January 17, 2006

Community First CU Provides Holiday Gift of Communication

APPLETON, Wis. - Community First Credit Union has helped longtime member James Wagner communicate again just in time for the holiday season. Left with cerebral palsy after a high fever at the age of two, Wagner has faced more than his share of challenges in life, especially the ability to...

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January 17, 2006

Los Angeles Firemen's Credit Union Processes More With Pemco

SEATTLE - The $700 million Los Angeles Firemen's Credit Union has added travel and gift certificate awards from Pemco Technologies to the other rewards programs the CU already uses from Pemco. Pemco currently processes 25,000 Visa credit and debit cards for LAFCU, and will process the Extra Awards program as...

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Top News Stories

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

Vantage CU Gives for Holiday Season

TNB Publishes Card Marketing Guide

Recommended Just For You

News Stories

Haystack Building Doesn't Help Decrease Money Laundering

Differences in Regulation Mean CU Members Won't Face Card Payment Increase

Santa a Hit at LGEFCU

Eastern Financial Remembers Disadvantaged Children over Holidays

Certegy Scorecard Hits New High

Community First CU Provides Holiday Gift of Communication

Los Angeles Firemen's Credit Union Processes More With Pemco