Payments/Credit/Debit

TCF National Bank, the financial institution that has sued the Federal Reserve over its proposed debit interchange rule, has based their argument against the rule in part on the rule's small issuer exemption.

The fight over debit card interchange and CUs’ participation in that fight made the front page of The New York Times this morning.

Consumers worldwide worry about card fraud while many of them still carry PINs with them, according to a recent survey.

Vance Moore II, the leader of a conspiracy that bilked investors out of tens of millions of dollars in an ATM fraud, has been sentenced to 97 months in a federal prison.

Credit unions should continue to throw themselves body and soul into fighting a looming cap on debit card interchange, but should do so without any significant expectation that they will succeed.

Fiserv Inc., a company known for growing by acquisition since its creation in 1984, has announced three new acquisitions, including a credit union core processing service bureau, a mobile banking and payments provider and startup prepaid card specialist.