Bank Identification Numbers (BINs) are the first six digits on any credit, debit or prepaid card. Whenever a cardholder transacts, the BIN helps the merchant processor identify both the type…
Preparing for 8-Digit BINs: A Checklist for Credit Unions
How I Choose a Credit Card: A Millennial’s Perspective
by Anil Sharma This article previously appeared on CU Insight When I was a kid, credit cards seemed like magic: just swipe this card, and you can have anything you…
The Results are in: How Did Credit Unions Perform on Amazon Prime Day 2019?
Payments are the pathway to PFI status – it’s what we’re hearing all across the industry and what our members are signaling to us. Earlier this month, digital payments saw…
Minding Your PAU: How 3 Key Metrics Drive Payments Growth
Payments drive revenue, relationships, profitability and trust. Increasingly, they are the epicenter of your relationship with members as a key driver of preferred financial institution (PFI) status. But growing your…
What are Chargebacks Costing You?
Every year, issuers and merchants deal with close to $31 billion in chargebacks and fraud disputes. But the real costs are actually much greater. Card chargebacks have become a growing…