Payments/Credit/Debit

SAN ANTONIO - An executive with MasterCard has predicted that still more changes are afoot in how Americans pay for goods and services, and he urged credit unions to become proactive about facing them. Rick Lyons, a senior vice president with MasterCard, told roughly 90 credit card executives attending TNB...

ST PETERSBURG, Fla. - Three credit unions in California - the $550 million San Mateo Credit Union, headquartered in Redwood City, the $72 million Santa Ana FCU, headquartered in Santa Ana and the $67 million West One FCU, headquartered in Pleasanton - have joined PSCU Financial Services as member owners...

DALLAS - Thirty-four credit unions which process with TNB Card Services, the card processing arm for credit union owned Town North Bank, have seen strong success using a balance transfer program designed by the card processor, TNB announced. The balance transfer promotion ran from September through November 2004. The promotion...

ST. PETERSBURG, Fla. - Card Services for Credit Unions had a strong year in 2003, picking up 235 new member credit unions, according to CSCU president Robert Hackney. Hackney revealed the news at the association's 2004 annual meeting. That lifted CSCU to 2,600 members, or more than half of the...

Like a school boy standing up to a playground bully, CSCU wanted the attendees and the entire credit union industry to understand that credit unions can make money with their credit card portfolios and that these portfolios are and should remain an integral credit union product. That sub-theme bubbled just...

ST. PETERSBURG, Fla. - Is Certegy one of the best kept secrets of credit union credit card processing? Sometimes it can seem that way, even though company executives assert that the Alpharetta, Georgia-based card processor has begun working harder to help credit unions understand what it can do to help...

Although I retired as president and CEO of Suncoast Schools Federal Credit Union nearly eight years ago, I continue to follow developments in the credit union movement with interest and pride, but also on occasion, a sense of disappointment. As I continue to read stories reporting the sale of credit...

EFT Network: An electronic financial services system which links financial institutions and their customers with automated teller machines (ATMs) and merchant point-of-sale (POS) terminals to make possible a consumer electronic financial transaction. Card or Access Card: A plastic card issued on behalf of a financial institution which permits electronic access...