Payments/Credit/Debit

Senator, representative send letters to CFPB, Education Department asking them to examine bank-affiliated student debit card practices.

Debit card volume passes that of cash at the point of sale. This preview article from next week's print edition examines the implications.

Credit unions need to recognize that avoiding too much risk in a card portfolio is, in itself, a risky thing to do.

Javelin study finds cash transactions more numerous but not as high in value.

Trade group pens letter to NCUA asking agency to not confuse them with ATMs and include them in definition of "service facilities."

EPL Inc. of Birmingham, Ala., said the 135 credit unions using its i-POWER core processing system will now be offered the instant issue and PIN selection card services of MagTek of Seal Beach, Calif.