Payments/Credit/Debit

Credit Union Service Corporation, the nationwide shared branching network headquartered in Duluth, Ga., has become part of CO-OP Financial Services, the two organizations announced today.

First Data Corporation, a leading card processor that is currently in the process of being purchased by a private equity firm, has renewed its processing agreement with PSCU Financial Services. PSCU is the card processor for over 500 credit unions and, representing them, is one of First Data's top 10...

The latest disclosure of data from a credit card processing firm was discovered because an irate consumer complained to one of her venders about how much junk mail she was receiving.

Fidelity National Information Systems is taking significant steps to strengthen internal controls, in the wake of a significant security breach in its Certegy Check Services subsidiary.

Triton, a leading manufacturer of ATMs, has rolled out its newest ATM for credit unions and other financial institutions without including a check scanner as part of the machine's standard equipment.

TNB Card Services, the card portfolio purchasing and processing arm of credit union-owned Town North Bank, has refreshed its card rewards program. The new program, dubbed Rewards2U, can be customized so credit union clients can rename and brand it as their own and will offer a broad arrange of merchandise...

If federal regulators and company stockholders approve the purchase, Fidelity National Information Service's purchase of eFunds will leave FIS as the biggest overall card processor serving credit unions.

A report from a market research firm called Global Industry Analysts has estimated that the global ATM market is saturated at 1.65 million of the machines.