Payments/Credit/Debit

The credit card market in the wake of the Credit Card Accountability, Responsibility and Disclosure Act may be the most favorable ever for credit union card programs, according to a leading credit union card analyst.

Credit unions seeking to promote their cards to their members would do well to promote them first to their own front line staff that will, in turn, introduce them to CU members.

Visa has announced that it will expand the number of merchant categories that will be eligible to sign up for its popular "no signature" program in July.

TNB Card Services, the card processing arm of credit union owned Town North Bank, saw an 11% increase in the numbers of credit card accounts and a $1.5 increase in retail sales with credit cards.

A majority of consumers are aware that Congress passed credit card protections last year, but not as many are aware of what those protections actually are, according to survey conducted jointly by CUNA and the Consumer Federation of America.

The ATMs deployed by Cardtronics on five cruise ships operated by Carnival Cruise Lines will not by fee-free to credit union members after all.