Payments/Credit/Debit

CHICAGO -- The start of a new year did not spark a rise in credit card direct mail according to new research from Mintel Comperemedia, a leading market research company here (www.mintel.com). In the first month of 2008, the research firm reports that the estimated number of mailings sent by...

DENVER -- Frontier Airlines, which filed for Chapter 11 bankruptcy protection today, blames an "unexpected attempt" by First Data Corp., its principal credit card processor, "to start withholding significant proceeds received from the sale of Frontier tickets," said a report published on CNN's Web site (www.cnn.com).

BROOKINGS, S.D. -- Mike Lee, CEO of the ATM Industry Association, has argued in a lengthy opinion piece that cash is likely to remain the dominant payment method for at least the next 25 years and maybe the next century.

BROOKINGS, S.D. -- Mike Lee, CEO of the ATM Industry Association, has argued in a lengthy opinion piece that cash is likely to remain the dominant payment method for at least the next 25 years and maybe the next century.

BROOKFIELD, Wis. -- Alaska USA Federal Credit Union plans to use a new Web-based cash management solution from Fiserv Inc. to organize cash flow and operations among its 200 ATMs and 50 branches across Alaska and Washington state.

WASHINGTON -- CUNA executives said the association will be briefed today on a settlement from MasterCard that will bring MasterCard issuers who suffered losses in the companies card data security breach a share of roughly $24 million from the retailer to compensate them for their losses.

WASHINGTON -- CUNA executives said the association will be briefed today on a settlement from MasterCard that will bring MasterCard issuers who suffered losses in the companies card data security breach a share of roughly $24 million from the retailer to compensate them for their losses.

MINNEAPOLIS -- Elan Financial Services, a subsidiary of U.S. Bank, has announced the purchase of three more credit union card portfolios and the launch of another. The buys bring the card issuer $40 million in additional balances, the firm said.