Payments/Credit/Debit

Discover cardholders can now pay their bills through a link on their credit union or bank's online banking site if it is on the Fiserv bill pay network.

The nation's second largest credit union has become the second CU in the country to put computer chips into its credit or debit cards.

NAFCU CEO Fred Becker has aggressively attacked the Federal Reserve's current rule implementing the Durbin debit cap amendment because of its lack of provisions to account for fraud damages.

A credit union executive testifying on behalf of CUNA before the House Financial Services Committee charged that the exemption meant to protect small asset debit card issuers from an interchange cap was essentially "meaningless."

Visa blamed debit interchange as the reason for continuing to delay the adoption of credit cards with embedded chips in the U.S.

Card Services for Credit Unions has unveiled a new Web tool designed to give credit unions better access to some tools to help them better market their credit cards.