Giving to Get Back: Expanding Your Card Programs
If you’re hoping to get more out of your plastics program, Heather French suggests giving to get back. A rewards program might be what you need to find your way to the top of your members’ wallets.
Need Some Additional Revenue? Paging Your Plastics Vendors
Your credit union’s credit card program is more valuable than you might think, and plastics vendors know it. Ed Jesionowski shares a few examples of how credit unions leveraged that worth to bring in additional revenue.
DOJ Endorses Interchange Rule that Credit Unions Hate
The Justice Department this week threw its support behind the Fed’s proposed rule that would require financial institutions to give merchants a choice of debit card networks for online transactions and other purchases when consumers do not physically present their debit cards, reports David Baumann of the Washington Credit Union Daily.
Mitigating Brute Force BIN Attacks
What can credit unions do to prevent or mitigate losses from brute force BIN attacks? Audit and compliance expert Jim Vilker and EFT expert Heather French explain what a brute force BIN attack is and what credit unions can do to limit the damage.
The Good and Bad of Instant Issue
While some technology allows for increased convenience, there can be some drawbacks as well. Megan Ernsberger covers the positives and negatives of instant issue, and what you should consider when looking to add it to your credit union.
What Does a Successful Credit Card Portfolio Look Like?
For the past 29 years, the number one earning asset in the credit union industry has been the credit card portfolio. During the best and worst of times, by FAR the most consistent generator of revenue has been the credit card. So why aren’t credit unions pushing them more?
The Misconceptions of Online Credit Cards
Why have credit unions continued to hold onto their off trial balance credit card portfolios? Heather French takes a look at the misconceptions around a switch, and why credit unions can benefit from moving their accounts over.
