Operational Impact of Prepaid Card Regs Discussed in TMG White Paper 02/02/2017 09:56 pm DES MOINES, Iowa–To address the operational impact of new prepaid card regulations, a pair of payments experts from TMG has issued a white paper exploring the new rules.
Mastercard: Study Finds 100-Million-Plus Are Bankless In Europe 02/02/2017 09:58 pm WATERLOO, Belgium—Approximatley 138 million Europeans are financially cut off from society, without a bank account or payment methods, according to a new study.
Clearpath FCU Sues Former CEO 02/03/2017 08:24 am GLENDALE, Calif.—Clearpath FCU has filed suit against its former CEO, John Lee, for more than $136,000 for allegedly taking out three car loans and two personal loans without intending to pay them back.
CU*Answers Intro’s Separate ‘Share & Win’ Contest 01/30/2017 11:01 am GRAND RAPIDS, Mich.–To encourage use of the marketing materials for its 2017 Mobile Banking Contest, CU*Answers has announced it will hold a separate “Share & Win” contest for participating credit unions.
XCeed Financial Exceeds Its Food Drive Goals 01/30/2017 02:01 pm EL SEGUNDO, Calif. ─ Xceed Financial Credit Union injected some friendly competition into its recent food drive and in the process far exceeded its own expectations for the holiday charitable activity, donating a total of more than 10,000 canned goods and other food items.
Member One Supports Coat and Shoe Drive 02/03/2017 11:18 am ROANOKE, Va.–—For the last several years, Member One has a proud sponsor of the Community Youth Program’s (CYP) Coat and Shoe Drive
MasterCard to Launch Selfie Function 01/30/2017 02:03 pm PURCHASE, N.Y.—Mastercard said it expects to launch its "selfie" function to verify online transactions in Singapore and parts of Asia in 2017.
CU*Answers Launches ACH Posting Tool 02/03/2017 11:20 am GRAND RAPIDS, Mich.–CU*Answers has launched a new automated ACH posting tool for its self-processing credit union data centers.
Fed Moves Could Impact These Car Buyers First 01/30/2017 07:53 pm LAWRENCEVILLE, Ga.—Moves by the Fed to increase rates as often as four times in 2017, as some analysts are projecting, could slow down new car purchases among subprime borrowers, asserts Black Book.
Rising CNP Fraud Building Case For Dynamic CVV 01/30/2017 07:55 pm LEVALLOIS-PERRET, France—The rapid rise of card not present fraud is building a business case for a new type of plastic that its developer claims can reduce online card fraud by 85%.