Payments/Credit/Debit

Ondine Irving, a long-time consultant on CU credit and debit card programs, has become an evangelist for cutting costs out of CU card programs.

So called "smash and grab" ATM thefts-where thieves use a car or other heavy machinery to smash through walls and windows in order make off with the machines-have not generally been very successful, according to authorities.

CHICAGO -- An executive with the Consumer Federation of America told payment industry executives that consumers' best choice for a payment method today is cash.

CHICAGO -- One sign that credit card losses, including those in credit unions, may continue to rise this year and next is the way that they have become tightly correlated with job losses, according to one financial analyst.

CHICAGO -- One result of Australia's 2002 credit card interchange rate reform has been a growing trend among merchants to surcharge consumers who use cards, according to an Australian bank regulator.

In a time of statewide budget cuts, Local Government Federal Credit Union has found a creative way to support the state's emergency response personnel.