Visa has announced it will support a dual debit interchange schedule for those financial institutions not subject to the proposed debit interchange cap, but it is unclear whether MasterCard will do so.

Information technology spending by North American financial institutions is on the rise after two challenging years, according to a new report from Celent.

The African-American Credit Union Coalition recently appointed Lynette Smith to its board filling a vacancy created through the retirement of one the association's longtime members.

Phishing attacks continue to be a popular way for cybercriminals to go after American consumers' bank accounts through tricking them into giving up their logins and passwords.