News

SYDNEY, Australia - Australia plans to eliminate ATM interchange and to allow financial institutions to charge surcharges on ATM transactions instead. Supporters of the move, which is part of the Australian Reserve Bank's package of card reforms, argue that eliminating the interchange and moving the costs into surcharges will allow...

DUBLIN, Ohio - There are still a few stories left of small start-up data processors that are thriving on their own without the help of a major tech company's backing - R.C. Olmstead is one of them. The company was founded 25 years ago by Bob Olmstead. "I was doing...

WYOMISSING, Pa. -Bellco Federal Credit Union is fighting fraud and identity theft one image at a time. "We decided that with the growing threat of fraud and identity theft we wanted to do something proactive not just reactive," said Bellco FCU Vice President of Operations Robin Shappell. "Luckily we were...

NEW CANAAN, Conn. - IT managers in credit union land who need to justify their training budgets to the bean counters in Finance can take heart, they're not alone. Organizations worldwide are now more willing to pay a premium for certifications than for standalone technical skills, reversing a long-standing trend,...

DALLAS - Having the ability to call in to a credit union to apply for a loan is one thing for a member, but being able to get through to a loan officer on a weekend or after hours or during high traffic hours, is something completely different. That's why,...

SUNNYVALE, Calif. - People turn to their credit unions for a lot of things, and in the case of one Silicon Valley entrepreneur it was to serve as the launch pad for an inexpensive smart card authentication solution for Internet banking security. Mike Angelinovich is a co-founder of Onhand Virtual...