PYMNTS

FEBRUARY 11, 2020

The credit union service organization (CUSO) said it blocked cybercriminals at several channel intersections, including at the point of sale, at its contact centers and other avenues. PSCU’s Enhanced Fraud Services assigns fraud consultants to members.

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Credit Union Credit Union Service Organization Blocks Bots 56

PYMNTS

MAY 18, 2020

Credit union service organization (CUSO) PSCU compared the 19 th week of 2020, which concluded on May 10, to the same timeframe in 2019 to discover the impact of the pandemic on consumer spending and shopping trends. It is also encouraging that the growth observed spans most spend categories.”.

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Debit Card Credit Union Service Organization Credit Cards Credit Union 52

PYMNTS

FEBRUARY 6, 2020

PSCU , which is known as a premier payments credits union service organization (CUSO), reported significantly higher year-over-year growth than expected during the holidays, with a 7.86 percent increase in debit and credit sales among its owner credit unions (CUs).

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Credit Union Credit Union Service Organization Debit Transaction PayPal 52

PYMNTS

NOVEMBER 20, 2019

Payments credit union PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in a press release on Wednesday (Nov. In 2020, PSCU anticipates distribution of more than three million new contactless cards to 100-plus credit unions.

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Credit Union Credit Union Service Organization Contactless Payments NOV 47

PYMNTS

MARCH 2, 2020

Reading the February 2020 Credit Union Tracker ® done in collaboration with PSCU , we discover that Canadian credit union Desjardins Group was hacked , impacting the records of 4.2 million individual and business members in 2019. They were not alone in 2019, a year when cybertheft records were set.

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Credit Union Credit Union Service Organization NCUA CCPA 52

PYMNTS

APRIL 21, 2020

In an interview with Karen Webster, Chuck Fagan, president and CEO of PSCU , a credit union service organization (CUSO), said that the impact to consumer spending will be prolonged, but the recovery will be swift and sharp — depending on where you look. Overall credit card spend was down 29.9

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Consumer Credit Union Credit Cards Debit Card 67

PYMNTS

JUNE 5, 2020

Understanding consumers’ new approaches to commerce can help merchants and FIs cater to customers’ needs during the pandemic and anticipate which behavioral changes may continue into the future,” the Tracker states. Consumers are … rethinking whether they should be paying for goods with cash, credit cards or debit cards.

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Debit Card Credit Union Service Organization Payments Credit Union 52

PYMNTS

OCTOBER 28, 2020

PSCU , the credit union service organization (CUSO), is teaming up with FICO Customer Communications Services (CCS) to develop a fraud alert tool for credit unions (CUs), PSCU said in a statement on Wednesday (Oct. FICO scores range from 300-850.

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Credit Union Credit Union Service Organization Fraud Detection Advisors 43

PYMNTS

JUNE 3, 2020

Understanding consumers’ new approaches to commerce can help merchants and financial institutions (FIs) cater to customers’ needs during the pandemic and anticipate which behavioral changes may continue into the future. per gallon — more than a dollar short of the average price during the same period in 2019. Grocery Spending Climbs.

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Consumer Debit Card Credit Cards Credit Union Service Organization 55

PYMNTS

MAY 1, 2019

They not only have to battle fellow credit unions and banks, but also newer FinTech players offering wide-ranging innovations that can entice modern consumers. According to the March 2019 edition of PYMNTS’ Credit Union Innovation Playbook , 57.6

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Credit Union Credit Union Service Organization Direct Deposit Debit Card 49

PYMNTS

NOVEMBER 22, 2019

But then again, more than 9,100 stores have closed this year, and per CNBC reports, Bank of America has noted that mall closures have reached more than 4,000 in 2019 alone, up more than 140 percent from 2018’s tally. Much of the growth, according to Target, came from the continued push into same-day delivery and buy online, pick up in store.

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Credit Union Credit Union Service Organization Federal Trade Commission Push-to-Card 40