Payments/Credit/Debit

VISA new ad campaign pushes its debit cards into a more prominent position than its credit cards and focuses more on the lower spending that is popular in the current economy.

The aftermath of the breach of Heartland Payment Systems card data security systems appears to have hit some of its executives in their wallets.

Three credit unions and two banks have joined together to file a class action lawsuit against Heartland Payment Systems to try to recoup some of the card losses they have taken due to Heartland's card security breach.

Analysis of 2008's credit union data showed that credit union members kept using their credit cards in 2008, despite the onset of harder economic times.

WASHINGTON -- No one has introduced federal legislation addressing credit card interchange yet, but when they do at least one proposed bill may include protections designed to help credit unions and other small card issuers, according to a hill staffer.

WASHINGTON -- Executives attending CUNA's GAC, whose companies' process credit and debit cards for credit unions, say they are almost certain that there is another card data security breach in the works, but declined to say where the breach might be.