Payments/Credit/Debit

As perhaps could be expected, the congressionally mandated report from the General Accountability Office on credit card interchange released last month contained a little something for all sides of the card interchange debate.

Large card issuers have largely not abandoned their anticonsumer attitudes and practices that helped bring about the most recent credit card regulation, four nationwide consumer groups have charged.

This week Credit Union Times takes a look back at a time when credit flowed like water and holiday spending was no problem with a wallet full of a plastic.

WASHINGTON -- More than last year but not as much as when the economy was really humming.

ATM skimming, capturing card holders card information by way of devices often attached to or placed around an ATM while they use the machine, has been slow to catch on the U.S. But Chicago thieves have been catching up.

A few more credit unions this year than last appear to have sold their credit card portfolios and entered into agent issuing agreements with their purchasers, but the pace remained well where it was between 2004 and 2007.