The growing popularity of a method of processing debit transactions could potential reduce income, according to executives with payment processing CUSOs and associations.
Read about the latest new hires, promotions, retirements and other career milestones in the credit union community.
In this age of breaches, tokenization may provide consumers with peace of mind.
Prosecutors allege former employee at Heritage Trust FCU used $325,000 to pay for personal credit card bills.
Experts estimate fewer than 50% of card-issuing credit unions will have EMV-equipped credit and debit cards ready by October 2015.
Credit unions pump up loan balances by promoting credit card balance transfer offers.
The $3.2 billion Visions Credit Union in Endwell, N.Y., said Teresa Flynn has earned the Chartered Retirement Planning Counselor designation from the College for Financial Planning.
San Diego County CU hires two new SVPs; read other new hire, promotion and retirement announcements from this week.
CEO moves top list of credit union people news this week.
After nine months of uncertainty regarding the minimum number of required debit networks and other details, the Fed's rule will not change.