Payments/Credit/Debit

SAN FRANCISCO - American consumers are continuing to use their Visa branded credit and debit cards a significantly higher rate than last year, the nation's number one card brand has reported. Overall sales volume on Visa-branded payment cards reached $25.1 billion for the week (Nov. 28 - Dec. 4), an...

BOSTON - Kessler Financial Services, the card portfolio brokerage most closely associated with card giant MBNA and noted specialist affinity marketing firm, has changed its name and become the Kessler Group. "This new identity unites our entire organization of diverse, forward-thinking companies under one umbrella brand," the company said about...

SAN ANTONIO, Texas - San Antonio Federal Credit Union has begun offering dealers an innovative electronic way to fund automobile loans for the CU's more than 231,000 members. The $1.8 billion SACU says it is the first CU in the U.S. to offer eContracting, a fully-integrated electronic process provided through...

LAS VEGAS - Aimbridge Indirect Lending used NAFCU's 38th Annual Conference and Exhibition as the backdrop for their announcement of their enhanced credit union information management system designed to help credit unions manage their indirect auto loan portfolios. Aimbridge plans to officially launch BridgePoint on Aug. 1 with full implementation...

RANCHO CUCAMONGA, Calif. - Nine months after it launched AutoSMART in November 2004, CU Direct Corp., along with DecisionAPP, the largest point-of-sale lending platform for credit unions in the U.S., has launched its AutoSmart inventory feature the company says lets credit unions position themselves to serve their membership better by...

DETROIT - The Big 3 auto manufacturers may have discontinued offering 0% interest loans as a regular part of financing deals, but that doesn't mean consumers have seen the end of this type of financing incentive. USA Today recently reported that General Motors and Ford are offering six-year, 0% interest...