Technology
Technology
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Merchants have never before had so many options for accepting cards, but a stubborn core that deals only in cash may never change its ways.
May 30 -
EUGENE, Ore. – Oregon Community CU has signed with Online Resources Corp. to extend use of ORCC’s services by implementing the company’s Architect Digital Banking solution.
May 29 - PSO content
Oregon Community Credit Union has used Online Resources' bill payment for six years. In a new deal with the vendor, it's bringing the offering up to date.
May 29 -
The prominent daily-deals provider Groupon is reportedly branching into payments with a device that competes with Square Inc.
May 29 -
Elavon, a unit of U.S. Bancorp, is taking a different approach to mobile card acceptance by using a wireless card reader that is as big as the phone it pairs with.
May 29 -
A Virginia collection agency erroneously mailed thousands of letters last week for medical bills that likely already were paid, according to officials with Carilion Clinic in Roanoke, Va. The letters went to patients of New River Valley Radiology, which joined Carilion in 2009.
May 29 - PSO content
Online merchants are dealing with hundreds of thousands of fraud attempts each day, but they say the various fraud-prevention tools at their disposal are helping them fight off the attacks.
May 29 -
Member service reps trained to ask members who are closing out their account "Do you want cash or a check" should be asking other questions first.
May 28 -
The process used to be anything but simple when the $142-million Holyoke Credit Union found itself fielding questions from members such as, "Why am I getting overdraft charges?" and "Why is there a stop payment on my account?"
May 28 -
A lobby coin-changing machine is too expensive for a small Iowa credit union to afford by itself, but if it can convince the Iowa Credit Union Foundation that the machine will be a real convenience for members, the ICUF may grant money to help pay for it.
May 28 -
When a credit union headquartered in the mountains of western Maine loses a skilled employee, the loss can be painful and create a vacuum. But that human risk factor is reduced significantly when it comes to IT staff at one CU.
May 28 -
Starting out as a virtual credit union may be easier than becoming one, according to a 75-year-old CU here that has always been branchless.
May 28 -
When a credit union deploys a new technology solution, two things are almost sure to happen: It will take longer than expected to optimally use the system, and there will be some software glitches.
May 28 - PSO content
More merchants are ignoring high card-not-present fraud rates to pursue untapped international markets for online sales.
May 25 -
COLORADO SPRINGS, Colo. – Aventa CU has selected Connect Financial Software Solutions for its consumer suite of Internet Banking, Mobile, Online Account Opening, and the company’s partnership offering of personal financial management tools delivered by MoneyDesktop.
May 24 -
Accepting payments on the go is taxing enough without having to worry about the government's cut. To address this pain point, Intuit added a geolocation feature to its GoPayment mobile card reader to determine where a payment is being accepted and apply the appropriate tax rate.
May 24 - PSO content
U.S. Bank's cobranded credit card smartphone app, which allows consumers to apply for credit cards in retail stores without filling out a paper application, is now available for Android handsets.
May 24 - PSO content
The Payment Card Industry Security Standards Council is starting its special interest group process a month earlier this year to give participants more time to consider new areas to cover under the PCI standard.
May 24 - PSO content
Wells Fargo is launching a person-to-person payment system based on the clearXchange service formed last year by a group of major banks.
May 24 - PSO content
A regional credit union in Florida burned a few years ago by high counterfeit card losses says it has cut its actual losses to one-third what they were before deploying a fraud-prevention service earlier this year.
May 24


