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Monday, June 1, 2015
PSCU Partners with First Data for EMV Debit Rollout to CUs
ST. PETERSBURG, Fla. — PSCU says it is the nation's first CUSO certified to issue EMV-enabled debit cards on First Data's Debit Solutions platform in advance of the October EMV liability shift deadline.
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MasterCard issuers had to cast at least 90% of their votes in favor of the Target settlement by May 20, and not enough did. CUs and banks will now fight for a better deal. more »
How the company marketed and enrolled customers into its PayPal Credit product has resulted in a $25 million enforcement action from the Consumer Financial Protection Bureau. more »
The Consumer Financial Protection Bureau has cited PayPal for illegally signing up consumers for online credit, the agency announced Tuesday. more »
As big retailers like Walmart are more actively pushing consumers away from signature-based transactions to PIN-based transactions, credit unions stand to lose precious interchange income. But industry insiders suggest CUs may have some tricks up their sleeve to mitigate this challenge. more »
CO-OP Financial Services on Thursday said it will offer a subsidy to clients switching to EMV cards that will total $9.1 million. more »
NEW YORK — The October deadline for shifting EMV liability may still be months away, but even with several years of lead-up time, there is widespread skepticism in the payments industry about whether the change will help combat fraud. more »
RANCHO CUCAMONGA, Calif. — Good news for stragglers — It's not the end of the world if you're not ready for the EMV liability shift that takes place on Oct. 1. more »
Discover, the only major U.S. card network that did not support Apple Pay at the mobile wallet's launch, has inked a deal with Apple, eliminating some of the fragmentation in the mobile wallet's deployment. more »
TAMPA, Fla. — Card Services for Credit Unions unveiled the winners of its 2015 Card Marketing (CAMEO) Awards, which recognize CSCU member credit unions with the "most innovative and resourceful" marketing campaigns of the year. more »
CUNA is trying to recruit at least one credit union from each of the 50 states to join a class-action lawsuit against Home Depot in connection with a massive data breach at the retail giant late last year. more »
RANCHO CUCAMONGA, Calif. — CO-OP Financial Services has signed an agreement that will give it a deeper foothold into Canada. more »
Google has scrapped and rebuilt pieces of its mobile wallet many times, and it looks like those years of tinkering are paying off as more merchants adopt Google Wallet. more »
With just six months to go before the EMV liability shift deadline, just how ready are credit unions? The answer depends on how members want to pay. more »
Jun 01 - 03 | NCCR

Hyatt Regency
New Orleans
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Jun 08 - 10 | Digital Banking Summit

Hilton Austin
Austin, TX
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Money DOES Grow On Trees
Think money doesn't grow on trees? This spot from Palmetto FCU may make you change your mind.
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