Payments/Credit/Debit

Heartland Payment Systems has made an agreement with VISA Inc. under which some Visa issuers will be eligible for compensation for losses suffered because of the breach.

Visa Inc. and account-based, consumer-driven healthcare solutions provider SHPS Inc. have renewed their partnership.

CUNA Mutual Group has released a new online tool that should help credit unions better measure their risk of credit and debit card fraud.

Two credit unions have posted messages on their Web sites alerting members to be wary of a mobile banking application distributed on mobile phone platforms.

With all that national attention on card rates and fees, New Jersey's largest credit union, the $1.9 billion Affinity, is finding a variable low rate, 8.6%, and a stepped up promotion the right elixir toward building card volume in the New Year.

Financial institutions in North Carolina, including the $18 billion State Employees' Credit Union have been wrestling since roughly mid-December with a novel approach to card skimming.