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Visa Rolling Out Additional Fraud Protection Tools

By David Morrison

SAN FRANCISCO -- Visa Inc. has announced some new fraud protection tools which the card brand said will help credit union Visa issuers to better manage the card fraud risk. The new tools are being offered under the name Visa Risk Manager.

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PSCU Sets Aggressive Stance Towards Competing Products, Services

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Credit Card Direct Mail Volume Continues Decline into 2008

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Payments/Credit/Debit Stories

April 11, 2008

Frontier Blames Credit Card Processor for Chapter 11

DENVER -- Frontier Airlines, which filed for Chapter 11 bankruptcy protection today, blames an "unexpected attempt" by First Data Corp., its principal credit card processor, "to start withholding significant proceeds received from the sale of Frontier tickets," said a report published on CNN's Web site (www.cnn.com).

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April 11, 2008

ATMIA CEO Argues Cash Here to Stay

BROOKINGS, S.D. -- Mike Lee, CEO of the ATM Industry Association, has argued in a lengthy opinion piece that cash is likely to remain the dominant payment method for at least the next 25 years and maybe the next century.

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April 11, 2008

ATMIA CEO Argues Cash Here to Stay

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April 09, 2008

Fiserv Cash-Management Tools Sold to Alaska USA

BROOKFIELD, Wis. -- Alaska USA Federal Credit Union plans to use a new Web-based cash management solution from Fiserv Inc. to organize cash flow and operations among its 200 ATMs and 50 branches across Alaska and Washington state.

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April 07, 2008

CUNA Being Briefed on MasterCard TJX Settlement

WASHINGTON -- CUNA executives said the association will be briefed today on a settlement from MasterCard that will bring MasterCard issuers who suffered losses in the companies card data security breach a share of roughly $24 million from the retailer to compensate them for their losses.

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April 07, 2008

CUNA Being Briefed on MasterCard TJX Settlement

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April 04, 2008

Elan Picks Up Some More Portfolios

MINNEAPOLIS -- Elan Financial Services, a subsidiary of U.S. Bank, has announced the purchase of three more credit union card portfolios and the launch of another. The buys bring the card issuer $40 million in additional balances, the firm said.

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