CARPINTERIA, Calif.–Credit, debit, and prepaid cards issued in the United States initiated 104.41 billion purchase transactions in 2015, up 8.0%, according to The Nilson Report.
Fresh Today
SAGINAW, Mich.–The $22.3-million Valley State Credit Union, which was placed into conservatorship in August by this state’s regulator, is now under the control of NCUA.
HUNTSVILLE, Ala.—Redstone Federal Credit Union here reports it is replacing 30,000 plastic cards as the result of the Wendy’s breach.
MINNEAPOLIS–Kenyan-Americans here are seeking to charter their own credit union.
GREGORY, S.D.— A South Dakota woman claims in court that her entire community knows about her financial troubles because a credit union gave copies of her credit report to a class of 26 high school students.
WICHITA FALLS, Texas—The $120-million Texoma Community Credit Union has named a new CEO. Effective Jan. 2, 2017, John Buckley will succeed Wayne Mansur, who is retiring from Texoma Community after 22 years.
GRAND RAPIDS, Mich.–Xtend, Inc., announced it experienced significant year-on-year growth for its Member Reach electronic messaging business unit.
ALEXANDRIA, Va.—Credit unions have less than a month to submit comments to NCUA on the agency’s new field-of-membership proposal, which was published in Tuesday’s Federal Register. The deadline is Dec. 9
SYDNEY, Australia–KPMG Australia has released what is it calling “key takeaways” following its “Fintech Accelerator mLab,” in which several credit unions participated.
BRUSSELLS, Belgium–While financial institutions in the U.S. face a deadline this week from Mastercard to make their ATMs EMV-compliant, in Europe institutions are dealing with a different issue that could be headed to the U.S.: physical attacks on ATMs that involve explosives.