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On-Site Coverage: CO-OP Announces Certification for Providing Shared Branch Services Through ATMs

By David Morrison

WASHINGTON - CO-OP Financial Services has been certified on a software package that will allow credit unions to offer shared branching services through existing NCR manufactured ATMs, according to an executive with the CUSO.

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Baxter CU Takes Consolidates Processing With PSCU

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Triton Offering CU Rebate on ATMs

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Payments/Credit/Debit Stories

February 18, 2009

Damage From Card Breach Runs to More Than 500,000 Cards at One CU

The $16.5 billion State Employees' Credit Union has, so far, had more than 500,000 of its credit and debit cards involved in the Heartland Payment Systems breach and is facing the prospect of more, according to the credit union's CEO Jim Blaine.

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February 17, 2009

Lawsuits Against Heartland Now Number Three

Three separate civil complaint have been filed against Heartland Payment Systems by individuals and firms seeking damages for the firm's card security data breach, according to court records and the law firms bringing the cases.

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February 16, 2009

Police Charge Three With Using Heartland Card Data

Law enforcement authorities in the Tallahassee, Florida area arrested three men and charged them with using card numbers stolen in the Heartland Payment Systems data breach to commit credit card fraud at local Wal-Mart stores.

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February 16, 2009

Data Breach Spurring Some Card Technology Innovations

The biggest data breach ever so far may not bring any new direct card innovations, such as implanting a chip in a card and requiring a separate personal identification number, but it is encouraging innovation in the way cards are managed.

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February 12, 2009

Heartland Breach Impact Difficult to Quantify

ARLINGTON, Va. -- Credit unions, banks and other card issuing financial institutions have begun to suffer card fraud as the result of card data compromised in the Heartland Payments Systems breach.

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February 11, 2009

NCUA Co-Hosting Audio Conference on Credit Card Rules

ALEXANDRIA, Va. - Executives interested in learning more about the new regulations on credit cards can participate in an audio briefing on Feb. 24 that the NCUA is sponsoring with the Federal Reserve Board and the Office of Thrift Supervision.

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February 11, 2009

Credit Union 24 Announces Boost to Participating CU Interchange

TALLAHASSEE, Fla. -- Credit Union 24, the CU-owned ATM and point of sale network announced that changes in its POS interchange model has resulted in 20% more interchange income for its participating member CUs.

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