Payments/Credit/Debit

On Nov. 1, NCUA issued a legal opinion stating that federal credit unions can hold onto their Visa stock after the conversion of Visa USA to a subsidiary of Visa Inc.

A compact, new ATM is making its debut from Wincor Nixdorf at the BAI Retail Delivery exhibition in Las Vegas.

Dynamic Card Solutions has launched what it calls the first patent-pending, instant-issuance product that offers full, over-the-edge card personalization.

Five more credit unions have sold their credit card portfolios to TNB Card Services, the card processing and portfolio management arm of credit union owned Town North Bank. The recent purchase brings the total number of card portfolios that TNB has purchased to 140, the bank CUSO said.

Five more credit unions have sold their credit card portfolios to TNB Card Services, the card processing and portfolio management arm of credit union owned Town North Bank. The recent purchase brings the total number of card portfolios that TNB has purchased to 140, the bank CUSO said.

CO-OP Financial Services, the parent CUSO for the nationwide CO-OP Network, reported that 15% of its credit union participants, about 400 CUs, have downloaded and started to use the marketing materials it has provided to help CUs promote CU convenience and access.

A new survey from a major gift card issuer indicates that Hispanics are the population most likely to purchase and use prepaid cards, both to use as gifts for others and for themselves.

A new survey from a major gift card issuer indicates that Hispanics are the population most likely to purchase and use prepaid cards, both to use as gifts for others and for themselves.