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Top Payments/Credit/Debit Stories

Moebs Sees a 'Golden Opportunity' To Beat Banks on Overdraft Fees

By Lindsey Siegriest

CHICAGO -- In the struggle to increase membership, credit unions may have a lot to gain by lowering overdraft fees.

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San Francisco FHLB Confirms Credit Line Reductions

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New Filene Study Provides Insight To Classic Card Question: Debit or Credit?

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Payments/Credit/Debit Stories

November 12, 2008

American Express Becomes A Bank Seeks Bailout Money

NEW YORK -- American Express has sought and received Federal approval to become a bank holding company and has reportedly sought $3.5 billion in bailout money from the Treasury, according to the company and press reports.

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November 12, 2008

U.K. Survey Finds Children A Significant Source of Card Fraud

YORK, United Kingdom -- A survey conducted in the United Kingdom suggests that children using their parents' credit and debit card numbers without their permission are a significant part of the online card fraud problem.

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November 11, 2008

Latest Revisions To PCI Released

SAN FRANCISCO -- Merchants that process the most credit and debit card transactions have until Sept. 30, 2009

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November 10, 2008

American Express Eligible for Federal Bailout Funds

WASHINGTON - Financial services giant American Express won approval from the Federal Reserve to become a bank holding company.

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November 10, 2008

Credit Union 24 Surcharge Free Grows Overseas

TALLAHASEE, Fla.-- An international ATM expansion has helped Credit Union 24 enlarge its surcharge-free ATM network by 2,500 locations overseas, the credit union owned network announced.

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November 07, 2008

Consumer Downturn Might Signal Lower Interchange

ARLINGTON, Va. -- Although data from the first half of the year appears to show card interchange was steady to growing, retail sales data suggests it may not hold up through the end of this year and into next.

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November 07, 2008

Consumer Downturn Might Signal Lower Interchange

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