As previously announced, effective April 15, 2022, Visa and MasterCard will begin supporting 8-digit BINs. Why is this change occurring? Essentially, electronic payments are growing. In the past, 6-digit BINs were sufficient to handle the breadth of industry processing and so processors created systems around the 6-digit BIN. But with industry growth, 6-digit BINs are… Read more »
A Note from SettleMINT: Price Increase for Payveris Products and Services Beginning 7/1/22
Attention Payveris Bill Pay Credit Unions We have recently been notified that, effective July 1st, 2022, Payveris will be implementing a 3% increase on all of their products and services. Linked here is a document which details the updated pricing for both Online and Self-Processing credit unions. These price increases will be reflected starting with… Read more »
Reminder: Increase to Per Transaction Fees Coming to iPay February 2022
Attention credit unions using iPay bill pay As a reminder, effective February 1st, 2022, iPay will be implementing a 3% increase on their per transaction fees. Following this increase, these fees will become $0.675 per transaction. These price increases will be reflected starting with your March 2022 invoice. If you have any questions, please reach… Read more »
FIS and WorldPay Merger: January 2022 Updates
As you are aware, FIS and Worldpay have merged. SettleMINT EFT and FIS have been working together on the certification and rollout plan for the emulator/translate program. This email explains the process your credit union will go through to begin processing under this new program. The Plan Your credit union is scheduled to be moved… Read more »
2021 Year-End Online Credit Card Scorecard
Your Online Credit Card Portfolio can generate substantial value to your credit union – everything from interest and interchange income to increased member engagement and retention. Your online credit card portfolio not only helps to keep the credit union at the top of members’ wallets but is also an extremely visible differentiator, separating the pricing… Read more »
The Latest News from SettleMINT EFT, Delivered Directly to Your Inbox
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Learn How You can Add and Remove PASS Users on Your Own!
Looking to remove any inactive PASS users/staff who are no longer employed with your credit union, or looking to add new users who may be missing from your current list? Did you know that your credit union can add and delete PASS users all on your own? It’s easy – your credit union only needs… Read more »
AFG integration
The Auto Financial Group direct balloon lending integration with CU*BASE is live! AFG provides so many benefits to your credit union and your members alike. Explore this integration to see if it is the right fit for you!
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In Case You Missed It…
Take a look back at some important topics from the first half of November 2024! View Topics
1Click Autopilot
Are you looking to bolster your lending portfolio but don’t have the time or resources to dedicate to it? You can hire the Lender*VP team to send out recurring 1Click campaigns for you! 1Click Offers are easy for your members, why not make them just as easy for your credit union too!
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GOLD Updates
The next GOLD updates are currently scheduled for:
- Online/Partner CUs
- 24.12 Dec. 8, 2024 (Sunday)
- Self Processing CUs
- 24.12