Payments/Credit/Debit

A market research group with a specialty in tracking card data said consumers are putting more on their credit cards now than at any time after the start of the economic downturn.

Triton Systems, a leading manufacturer of ATMs, has issued a security warning to ATM deployers, including credit unions, to keep their ATM security systems up to date.

Credit union members across the country face both the best and the worst in disclosure statements on their CU credit cards, according to survey of credit card disclosures conducted by a consumer and card media site.

Credit unions responding to NAFCU's monthly Flash survey reported that merchants were the leading source of credit and debit card fraud attempts.

The National Foundation for Credit Counseling released poll findings that indicated that 26% of those polled intend to opt in to overdraft protection.

A controversial study from researchers affiliated with the Federal Reserve Bank of Boston suggests that lower income consumers who generally use more cash and debit cards subsidize the credit card use and rewards of wealthier consumers.