Payments/Credit/Debit

Credit unions that have sold their card portfolios and entered into agent issuer agreements with their purchasers remain by and large unhappy with their card issuing partners, according to a survey of CUs which have sold conducted by Asset Exchange.

A new white paper from the CUNA Operations, Sales and Service Council suggests that credit unions should begin educating their members now about the benefits of using their credit union debit card over other decoupled debit cards.

Some card processors say a few of their credit unions may have to slightly shorten July's credit card billing cycle to comply with the new credit card law.

The $591 million Clearview Federal Credit Union is being sued over alleged lapses in its disclosures at an ATM.

A new application from software developer Intuit offers the promise of expanding the market where consumers can use their cards.

ATM manufacturer NCR will begin shutting down its Dayton, Ohio, headquarters and manufacturing facilities to move them to Duluth, Ga., the company announced today.