archives

JACKSONVILLE -- The city's primary credit union for federal employees will start serving the community at large, making it the latest occupational credit union to shift to more general residency requirements for membership.

The Spencerport Federal Credit Union has been granted a Community Charter by the National Credit Union Administration. Those whose live, work, worship, attend school or actively volunteer in one of the following towns within Monroe County are now eligible for membership: Ogden, Parma, Gates, Greece, Riga, Sweden or Chili. All new memberships are subject to a review through E-Funds Chex Systems.

allCUnews.com has partnered with Resume Edge to bring valuable career development resources to its members. Services include interviewing techniques and resume review and development services. Resume Edge is a leader is professional resume review and development services to help you present yourself in the most effective manner.

Austin, TX January 31, 2006 (The Open Press)– allCUnews.com (http://www.allCUnews.com), an interactive news, blog and message forum for the credit union market announces its open availability to all users. allCUnews.com offers professionals in the credit union movement the first resource of its kind, the latest independent credit union-related news and open two-way commentary portal.

New Data From Independent Survey Reveals That Growth of Identity Fraud Is Contained and Consumers Have More Control Than They Think; Online Identity Fraud Risks are Misunderstood; Survey Clarifies Four Key Misperceptions About Identity Fraud

PURCHASE, N.Y.--(BUSINESS WIRE)--Jan. 30, 2006--MasterCard International and Citi today announced that they will be working with the Metropolitan Transportation Authority and MTA New York City Transit to conduct a trial of contactless payments in select New York City subway stations with pre-selected Citi customers. The trial is scheduled to begin in the Spring of 2006 and is expected to last approximately six months.

results from Information Strategies Inc.’s 2005 year-end survey shows a significant jump in HSA accounts with more than 1.1 million reported from the 100+ banks surveyed. Total funds under management at the end of 2005 were projected by ISI at $1.2 billion.

Sumitomo Mitsui Bank in Japan will begin to offer customers access to ATMs via cellphone in the fall of 2006. The services will be based on NTT's FeliCa e-wallet, which uses near-field communication's (NFC). NFC is the same technology being tested by Cingular in Atlanta.....Read the full story here

Visa USA Inc. is dumping its 20-year-old slogan, "Visa: It's Everywhere You Want to Be," in an effort to get consumers to think of it as more than just a credit-card company.

The new motto is to be unveiled Feb. 10 during the opening ceremonies of the Winter Olympic Games in Turin, Italy, Michael Rolnick, Visa USA's director of corporate relations, said in an interview. He declined to say what it will be.

First Data Announces Plan to Separate Western Union Business; Will Realign Merchant, Card and International Businesses - Reports 4th Quarter and 2005 Results; Provides 2006 Guidance

DENVER, Jan 26, 2006 (BUSINESS WIRE) -- First Data Corp. (NYSE: FDC) today announced that its Board of Directors, following a review of the Company's businesses and structure, has decided to separate its fast-growing Western Union consumer payments business into an independent publicly traded company through a tax-free spin-off of 100% of Western Union to First Data shareholders.

SAN LUIS OBISPO, Calif.--(BUSINESS WIRE)--Jan. 26, 2006--As holiday credit card bills hit the mailboxes, TrueCredit -- a leading provider of consumer credit management products -- commissioned Roper Public Affairs to assess how Americans feel about their credit this year.

RSS is an acronym that stands for Really Simple Syndication. Is is based on XML and must follow global standards of use. You will generally know its available on a website when you see the orange XML tag.

Tech CU is One of Only a Few Financial Institutions to Implement a New Layer of Security
SAN JOSE, CA -- (MARKET WIRE) -- 01/25/2006 -- Technology Credit Union (Tech CU) is one of the first financial institutions that has successfully implemented PassMark Security's Two-Factor Two-Way Authentication and converted 100% of their active online banking users to the new system. PassMark provides members with a more secure online login to prevent phishing, key logging and other online fraud.

By LISA MONTIlamonti@sunherald.comGULFPORT - The head of the Gulfport CBC Credit Union and its board of directors were dismissed Tuesday and the credit union was placed into conservatorship while state banking regulators look further into alleged mismanagement of funds.