Because of the interchange language, CUNA plans to oppose the financial overhaul bill moving through Congress and is asking credit unions to launch an all-out lobbying effort between now and next week's votes in the House and Senate.

An executive with The Members Group, a credit card processing CUSO affiliated with the Iowa Credit Union League, warns credit unions to adopt a more nuanced and heightened card fraud awareness this summer.

In privacy disclosure statements provided to customers of depository financial institutions such as credit unions, a casual reading suggests that privacy of one's assets and transactions is being protected.

Financial institutions using Fiserv Inc.'s CheckFree RXP online bill pay service will soon be offering integrated same-day payments to more than 100 national and regional companies through MoneyGram International.