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TJX Company Announces Settlement Will Go Forward

By David Morrison

FRAMINGHAM, Mass. -- The TJX Companies, the parent corporation for a number of different retail chains in the United States, Canada, and the United Kingdom, announced yesterday that it is going forward with its settlement offer to credit and debit card issuers who were damaged in the company's previous card...

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Payments/Credit/Debit Stories

December 19, 2007

FIS Starts Processing Over 1 Million BB&T Accounts

JACKSONVILLE, Fla. -- Many credit unions recognize Fidelity National Information Services as, among other things, the leading processor of credit union card accounts. But the firm also processes for other financial institutions and it is celebrating the conversion of more than 1 million card accounts for BB&T bank.

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December 19, 2007

Johnson Warns Consumers On Credit Card Use

ALEXANDRIA, Va. -- NCUA Board Chairman JoAnn Johnson has warned consumers against misuse of their credit cards during the holiday season

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December 19, 2007

Johnson Warns Consumers On Credit Card Use

ALEXANDRIA, Va. -- NCUA Board Chairman JoAnn Johnson has warned consumers against misuse of their credit cards during the holiday season

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December 18, 2007

TNB Picks Up New York Portfolio

PETERBOROUGH, N.H. -- The $35 million Adirondack Regional Credit Union, headquartered in Tupper Lake, New York, has become the latest CU to have sold its card portfolio to TNB Card Services and to enter into an agent issuing agreement with the CUSO.

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December 18, 2007

TNB Picks Up New York Portfolio

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December 18, 2007

First Data To Start Processing American Express Transactions

DENVER -- First Data Corp., the card processor for a significant number of credit union accounts, has announced an agreement with American Express. Under the terms of the agreement the card and payment processor will begin offering to process American Express card transactions as part of its suite of service...

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December 17, 2007

CUNA Prepared Document On TJX Settlement

WASHINGTON -- CUNA has prepared a document which is meant to help inform member credit unions in some of the issues they may face in deciding whether or not to accept a settlement offer in the massive card breach at the TJX Companies.

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