Citing 'Unsatisfactory Risk Management,' NCUA Asks Credit Unions to Evaluate Relationship With FIS

The NCUA has asked credit unions which process their debit and credit card transactions with FIS to evaluate their relationship with the card processor in light of an information technology supervisory letter the company has received from the FDIC.
FIS processes credit and debit card transactions for the majority of card-issuing credit unions and has roughly 5,400 client credit unions.****READ More Citing 'Unsatisfactory Risk Management,' NCUA Asks Credit Unions to Evaluate Relationship With FIS: