Payments/Credit/Debit

Heartland Payment System, blamed for what could be the largest card data breach in U.S. history, said the fallout has cost the company $32 million so far this year.

Credit or debit cards that don't need to be swiped are nothing new, but credit unions have generally been slower than larger financial institutions to issue them.

The $3.2 billion Wescom Credit Union has purchased credit card portfolios from eight credit unions since launching the service in late 2006.

The $1.2 billion UW Credit Union has signed a deal with the University of Wisconsin-Madison that will allow students to use their identification cards at the CU's ATMs.

A lawsuit filed by the Minnesota Attorney General Lori Swanson has brought to light a significant difference between credit union card issuers and other, usually larger, bank card issuers.

NATIONAL HARBOR, Md. -- Because of the strong trust they engender, credit unions are in a solid position to generate more use of their existing credit cards or enter the market for the first time.