Attention Payveris Bill Pay Credit Unions Paymentus has informed us that they will be implementing a price increase for clients using Payveris bill pay and P2P products. All Payveris products and services will see a 3% price increase, effective July 1st, 2023. Attached to the associated email is a document which details the updated pricing… Read more »
Join Us for a Conversation on Bill Pay/P2P: Fraud Best Practices
SettleMINT EFT invites you to join us for a Conversation on Bill Pay/P2P! During our first session, we will discuss best practices for addressing fraudulent activity. Topics discussed will include: How fraudulent activity via Bill Pay/P2P is discovered Best practices for catching fraudulent activity Annual reviews Fraud monitoring systems (Fraud Net, Paywatch, etc.) Recommendations presented… Read more »
A Note from SettleMINT: Transaction Rate Increase for Payveris Clients
Attention Payveris Bill Pay Credit Unions Effective January 22nd, 2023, the transaction rate for all payments for Payveris clients will see an increase of $0.007. This is due to the increase in postage prices from the USPS. This price increase will be reflected on your invoice starting in March 2023. If you have any questions,… Read more »
Join Us for a Conversation on Plastics as We Discuss Brute Force BIN Attacks
Join the SettleMINT team for a Conversation on Brute Force BIN Attacks! Our inaugural session will be hosted via Zoom and will feature special guest Jim Vilker, VP of Professional Services with AuditLink. During this kickoff meeting, we will discuss: How Brute Force BIN Attacks are discovered Recommendations for mitigating risk at the vendor or… Read more »
Gain a Clearer Picture of Your Online Credit Card Portfolio
Online Credit Card Portfolio Profitability is a FREE download for Microsoft Excel that serves to assist your credit union in calculating your monthly credit card income, expenses, and overall profits. The process is super simple to complete, using data from CU*BASE dashboards and reports. This fast and convenient tool is easy to add to your… Read more »
A Note from SettleMINT: Transaction Rate Increase for Payveris Clients
Attention Payveris Bill Pay Credit Unions Effective July 10th, the transaction rate for all payments for Payveris clients will see an increase of $0.007. This is due to the increase in postage prices from the USPS. This price increase will be reflected on your invoice starting in August 2022. If you have any questions, please… Read more »
A Note from SettleMINT: Enhanced Batch Maintenance for CO-OP Clients has Arrived!
Attention Credit Unions using CO-OP for debit card processing: Some of you have reached out to us requesting to move to the CO-OP APBATCH4 enhanced nightly batch maintenance file and have voiced interest in opportunities for CO-OP’s wallet programs. Others have reached out requesting to move to the enhanced file so that the cell phone… Read more »
A Note from SettleMINT EFT: Updates on the 2022 Changes to Visa and Mastercard BIN Requirements
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 »