CO-OP Financial Services, the nationwide payments CUSO that is parent of the surcharge free CO-OP Network and CO-OP Shared Branching, said it is both confident that FIS will successfully address its data security issues and determined to hold its business partner accountable for doing so.

Jacksonville, Fla.-based FIS processes debit transactions for CO-OP and markets access to CO-OP’s surcharge-free ATMs to its clients. The NCUA recently advised the 5,400 credit unions that use FIS for card processing to evaluate their relationship with the company.

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