News

The first secure Internet PIN debit transaction functionality available through a U.S. payments network will be launched this month by Fiserv's ACCEL/Exchange Network, the company said.

iPay Technologies and Geezeo are now jointly marketing their white-label online bill pay and personal financial management and social networking solutions for community financial institutions, the companies said.

Only 20% of financial institutions surveyed by a Chicago accounting firm, Grant Thornton LLP, plan to increase hiring in the next six months and more than half are reducing bonuses for senior managers.

After taking a three month hiatus from incentive programs to focus on Cash for Clunkers and restructuring after bankruptcy, Chrysler has rejoined the Invest in America program.

Credit unions with assets of over $10 billion shouldn't have to contribute to the fund aimed at bailing out financial institutions deemed too big to fail, CUNA and NAFCU wrote the chairman of the House Financial Services Committee.

CO-OP Financial Services has finished buying CO-OP LoanLink from CUNA Mutual Insurance Group, the CUSO has announced.