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TJX, Card Security on 60 Minutes

By David Morrison

Consumers gearing up for the holiday season may have received a reason to think twice about using their credit or debit card at a retailer this year after the popular CBS news program 60 Minutes aired a story about retailers and card security.

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TJX, Card Security on 60 Minutes

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FedComp Offers Small CUs Services of Fiserv EFT

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Payments/Credit/Debit Stories

November 21, 2007

MasterCard Predicts Early Hours of November 23 for Peak Card Use

Last year Black Friday, the Friday after Thanksgiving, was the busiest day for holiday shopping last year in the top five traditional gift-buying categories with more than one-third of MasterCard payment transactions occurring before 10 a.m, according to this year's MasterCard Worldwide Holiday Shopping Insights Report.

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November 21, 2007

Another Major Card Issuer Announces Card Reform

JPMorgan Chase, the second largest card issuer in the country, has announced that its "clear and simple" cards will abandon the practice of hiking the interest rates of card holders whose credit scores decline.

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November 21, 2007

CU Card Portfolios Performing Better, Analysts Say Sales Slowing

Credit union card portfolio analysts and brokers report that NCUA's data shows CU card performance continues to rise this year as CU card portfolio sales have continued to drop.

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November 15, 2007

'Tis The Season for Competition

With consumer interest in gift cards continuing to heat up, retailers want consumers to know that the cards they can buy and give from retail stores are often a better deal than those issued by banks and credit unions.

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November 15, 2007

'Tis The Season for Competition

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November 13, 2007

CO-OP Network Executives in New Speakers Bureau

Executives with CO-OP Financial Services, the parent CUSO of the nationwide CO-OP Network, are making themselves available in a formal way through a speaker's bureau to speak to credit union meetings and groups.

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November 13, 2007

NCUA Says FCUs Can Hold Onto Visa Stock After Conversion

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.

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