Payments/Credit/Debit

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.

WAILEA, Hawaii -- The meeting planners at PSCU Financial Services, the payments CUSO for more than 500 of the nation's credit unions, wanted to emphasize the positive at their annual Member Forum this year.

WAILEA, Hawaii -- Bill Sheedy, president of North America for Visa Inc, said credit unions have grown in stature with the No. 1 card brand.

Heartland Payment Systems, the company that suffered a 2008 card security breach that cost card issuers, including credit unions, hundreds of millions of dollars made money in the first quarter of 2010, according to the company.