Payments/Credit/Debit

Credit unions in North and South Dakota will have an easier way to bring surcharge free ATM services to their members thanks to an agreement inked recently between CO-OP Financial Services and the Mid-America Credit Service Corporation.

The $7.6 billion BECU, formerly Boeing Employees Credit Union, is celebrating almost doubling its credit card portfolio's outstanding balances in fewer than two years, according to the CU and PSCU Financial Services, the payment processing CUSO that helped the CU make the change.

TNB Card Services, the card processing arm of credit union owned Town North Bank, has announced that the $210 million Golden Plains Credit Union of Garden City, Kansas has moved its card processing to the CUSO. The credit union will move 5,400 signature debit cards and more than 3,000 credit...

PSCU Financial Services, the payments processing CUSO with over 500 credit union owners that use the First Data Corp. card platform, has joined the PCI Security Standards Council as a participating organization. As a participating organization, the cooperative will work with the Council to evolve the PCI Data Security Standard...

MasterCard's holiday sweepstakes this year will allow winners to win prizes for themselves and for another person, the nation's number two card brand announced.

Credit unions who are looking to build their debit card programs might need to look first to the share draft procedures, according to Debra Beyer, a strategic account manager for Fidelity National Information Services. Fidelity National processes credit and debit card transactions for over 4,000 CUs nationwide.