News

WEST PALM BEACH, Fla. -From making a great first impression with the branch to estimates of the costs involved with various retail delivery systems the key branching issue boils down to how well credit union branches are positioned for growth. Here is a glimpse at what is going on in...

MARYVILLE, Tenn. - Alert cardholders who observed that a notice on their ATM contained a misspelling helped stop a skimming scam at the ATM. According to a story in the Maryville Daily Times, the cardholders grew suspicious about a notice which read "due to recent fraud attempts at this ATM...

DAYTON, Ohio -Metavante, which manages 9,000 ATMs across the country, has certified NCR's "No-envelope" deposit technology. Metavante of course is becoming a bigger player in the EFT market with its plans to acquire NYCE for $610 million. Metavante has certified NCR's bunch-note acceptor component and iTRAN 1000 check-processing module, which...

ALEXANDRIA, Va.-The Federal Deposit Insurance Corporation has asked the public for their opinion on whether stored value card funds should qualify as deposits under the Federal Deposit Insurance Act. Financial Institution Letter FIL-44-2004 states that the FDIC has proposed that funds placed in a bank or thrift by a sponsoring...

LAKELAND, Fla. - Police are investigating an incident where 10 debit cardholders had their card data and personal identification numbers stolen at a gas station's pumps into which thieves had inserted skimming devices, according to WESH, a local news outlet. The devices, which could not be seen from outside the...

OAK RIDGE, Tenn. - ORNL Federal Credit Union, a $730 million credit union based in Oak Ridge and Tennessee's third largest CU, has signed an agreement to convert its 58,000 ATM accounts to PSCU Financial Services' debit platform, PSCU announced. Following the conversion, PSCU Financial Services will process both signature...