Payments/Credit/Debit

Three amendments on the interchange issue would "impose heavy new restrictions on interchange fees," NAFCU Executive Vice President B. Dan Berger wrote Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell today.

The Senate's number two Democrat said today there will be at least three amendments to regulate interchange fees during that chamber's upcoming debate on regulatory restructuring and backers will frame them as a way to assist small businesses.

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

MAUI, Hawaii - Former House Speaker Newt Gingrich outlined for attendees at PSCU Financial Services Annual Forum what he called three great challenges that all Americans must confront if the country is to remain a world leader.

TMG Financial Services made its first after tax profit from its purchased card portfolio, according to a letter the CUSO sent to investing credit unions.

PSCU Financial Services is the first CUSO to start offering participating credit unions the Visa Transaction Alert service, according to a Visa executive.