Payments/Credit/Debit

TNB Card Services, the card portfolio purchasing and processing arm of credit union-owned Town North Bank, has refreshed its card rewards program. The new program, dubbed Rewards2U, can be customized so credit union clients can rename and brand it as their own and will offer a broad arrange of merchandise...

If federal regulators and company stockholders approve the purchase, Fidelity National Information Service's purchase of eFunds will leave FIS as the biggest overall card processor serving credit unions.

A report from a market research firm called Global Industry Analysts has estimated that the global ATM market is saturated at 1.65 million of the machines.

Fidelity National Information Services, the credit card processor to the majority of credit unions, has announced its intent to purchase eFunds Corporation, a leading EFT processor.

The pending acquisition of eFunds by Fidelity National Information Services should not have a big impact on CO-OP Financial Services, even though CO-OP processes its EFT transactions with eFunds, according to Stan Hollen, CEO of CO-OP.

The pending acquisition of eFunds by Fidelity National Information Services should not have a big impact on CO-OP Financial Services, even though CO-OP processes its EFT transactions with eFunds, according to Stan Hollen, CEO of CO-OP.