HOUSTON - PULSE EFT Association has celebrated its 20th anniversary with dramatic increases in membership and transaction volume. Major milestones achieved in 2001 include processing a record 714 million transactions, a 37% increase in the number of online point-of-sale transactions processed, enrollment of 525 new members excluding acquisitions and the...

SEATTLE - The holidays were particularly profitable for retail coffee chain Starbucks thanks to its new gift card. Over 2.3 million cards were issued from Thanksgiving's Day to New Year's Eve. In addition, holiday sales were up 22%. The Starbucks Card is available in any monetary denomination from $5 to...

NEW YORK - The Hispanic College Fund has announced that applications for college scholarships are now available on its Web site, at www.hispanicfund.com . The Hispanic College Fund has teamed with Embark, a division of the Princeton Review, to design the technology for the online applications, and with MasterCard International...

THOUSAND OAKS, Calif. - According to R.K Hammer Investment bankers the return-on-assets for the credit card industry may reach its highest levels since 1989. Despite eleven federal rate cuts, charge offs/losses have reached a 10-year high with credit card operating expenses at its highest level since 1992. Predictions are that...

CU Times Staff Reporter WEST PALM BEACH, Fla. - Anticipating that ADA rules could change by July 2002, many financial institutions have scrambled to provide more voice-enabled ATMs, but is it enough? While the first talking ATM in the United States was installed by a credit union in San Francisco...

PURCHASE, N.Y. - MasterCard International has entered into an alliance with Zagat Survey, a provider of consumer survey-based dining, lodging and leisure information. As part of their efforts to support the restaurant industry and improve consumer experience Zagat Survey and MasterCard will jointly host a series of forums with Tim...

WEST PALM BEACH, Fla. - Hold it just a minute credit card portfolio seekers -credit unions aren't ready to give up hope on their card portfolios just yet. In 2001, it seemed almost fashionable to sell off a portfolio, but 2002 could be different story. Across the country credit unions...

WEST PALM BEACH, Fla. - Since voting unanimously to support the distribution of New York CU Foundation Disaster Relief Funds, the New York State Credit Union League board is planning a disbursement to victims during the next few months. Credit unions around the country have donated over $1 million to...