Small business lender CIT Group Inc. said today it has bought back $1 billion in debt from bondholders in another effort to avoid filing for bankruptcy protection.

A new service from PCSU Financial Services will grant credit union cardholders an unprecedented degree of control over the credit and debit cards.

PSCU Financial Services executives will not speak about the topic on the record, but the payments CUSO's newest anti-fraud technology could dramatically lower the risk of card fraud for the entire card industry and make PSCU a good deal of money.

In response to queries it has recently received about paying volunteers including those with the Volunteer Income Tax Assistance program, the IRS has issued guidance on the matter.