Payments/Credit/Debit

The pending acquisition of eFunds by Fidelity National Information Services should not have a big impact on CO-OP Financial Services, even though CO-OP processes its EFT transactions with eFunds, according to Stan Hollen, CEO of CO-OP.

CUNA Mutual Group, the insurer of the vast majority of CU plastic card programs and the target of some criticism for often raising the premium and deductible on that insurance, is emphasizing the message that such programs are worth having despite the costs.

CUNA Mutual Group, the insurer of the vast majority of CU plastic card programs and the target of some criticism for often raising the premium and deductible on that insurance, is emphasizing the message that such programs are worth having despite the costs.

The $419 million Florida Telco Credit Union, Jacksonville, Fla., has selected PSCU Financial Services for credit card processing.

Roughly six years after selling it credit card portfolio to Bank of America's FIA Card Services (then MBNA) the $121 million BestSource Credit Union has declined to renew its contract with FIA and gotten back into the business of issuing.

Roughly six years after selling it credit card portfolio to Bank of America's FIA Card Services (then MBNA) the $121 million BestSource Credit Union has declined to renew its contract with FIA and gotten back into the business of issuing.

The <em>Orlando Sentinel</em> ran an article today featuring a victim of payday advance rollovers who could not get out from under the burden until his credit union stepped in.

Later this summer, a handful of credit unions will test out a new prepaid card program through Shared Resource Technology Group, a CUSO founded by three Ohio credit unions.