Payments

USF FCU has introduced affinity debit and credit cards tied to the University of South Florida that it expects will keep members in the fold long-term.

Mastercard's chief product officer believes there are four trends in consumer behavior and payments that credit unions should be watching.

Canada is presenting many opportunities to the payments companies operating within its borders and in the U.S. Here are some of the most recent examples.

E-commerce company LivingSocial revealed last week it endured a breach in which attackers accessed its users' encrypted passwords. And while no payment data was exposed, cardholders should still be concerned.

CHICAGO – American consumers have come to expect some sort of reward with the plastic cards they used, as evidenced by the barrage of non-stop advertising by the national card programs.

As mobile payments companies seek a receptive audience, many are turning their attention to restaurants. And the food industry, in turn, is increasingly receptive to putting mobile payments on their menu.

Pulse, a Discover Financial Services debit and ATM network, is partnering with fisoc Inc. to roll out the Buzz Points loyalty program to financial institutions.

DES MOINES, Iowa–After 23 years with The Members Group, Jeff Russell is moving on, taking over as CEO of insurance company Delta Dental of Iowa here on May 3.Russell, CEO of TMG Financial Services and senior advisor for The Members Group, will serve his last day at TMG April 26. Patrick Jury, CEO of the Iowa Credit Union League, will serve as acting CEO of TMG Financial Services while an executive search begins for the new CEO of TMG-FS.

The first deadline in the U.S. payments migration to EMV has passed, and while the risk to most CUs may be small for non-compliance, experts say it's a risk credit unions should evaluate if they choose not to comply.

Michigan State University FCU here has unveiled a program it calls "Balance Shield" that permits members to overdraft their checking accounts by $5 before any fees kick in.

Alternative digital payments for the on-the-go consumer go well beyond the standard fare of Near Field Communication chips and QR codes. Here’s a look at some of the most imaginative mobile payments options devised.

U.S. consumers have yet to regain their appetite for revolving debt, a trend that's leaving credit card issuers hungry for profits.

American Express Co. posted a first-quarter profit that exceeded analysts’ estimates as consumers increased their spending on its cards.

ST. LOUIS – Anheuser-Busch Employees’ CU has selected Vantiv for debit and credit processing services under a multi-year agreement.

For PayPal, mobile devices aren't just new instruments of payment. They are also a way to attract new active users.

Fiserv today launched Popmoney Instant Payments, an update to its person-to-person payment service that allows recipients to see funds in their account within second of when the transaction is initiated.

American Express has promoted Edward P. Gilligan to the role of president, the company announced April 15.

JPMorgan Chase kicked off the first-quarter earnings season by announcing record high profits of $6.5 billion, but the results did little to boost investor confidence in bank earnings or ease scrutiny of the bank's business.

U.S. credit card delinquencies fell in March at Capital One Financial Corp. compared with a month earlier.