Payments/Credit/Debit

In a move that may signal a broader trend reversal, the Target shopping chain has announced it will stop issuing its Target branded credit card with a Visa logo and will instead issue only its in-house Target branded card.

Triton of Delaware, an ATM manufacturer that makes its machines in the U.S. and was formerly a division of the Dover Corp., has been sold to private investors, the company confirmed.

In what may be a controversial move, Visa announced it is clamping down on a retail policy it said sometimes hurts consumers.

The majority of credit unions have seen their credit card programs largely unchanged by the implementation of the Credit Card Accountability, Responsibility and Disclosure Act.

Credit unions that have their credit card programs listed on the Credit Card Connection are reporting increased attention thanks to the listings.

It is not an understatement to say that the CARD Act has turned the credit card industry on its ear. But, credit unions, by maintaining their focus on offering the best card product available to members, can still be true to who they have always been.